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S1562
SENATE, No. 1562
STATE OF NEW JERSEY
222nd LEGISLATURE
�
PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION
Sponsored by:
Senator CARMEN F. AMATO, JR.
District 9 (Ocean)
SYNOPSIS
���� Permits certain municipalities to impose stranded
nuclear waste fee.
CURRENT VERSION OF TEXT
���� Introduced Pending Technical Review by Legislative
Counsel.
��
An Act
authorizing certain municipalities to impose a stranded
nuclear waste fee and supplementing Title 40 of the Revised Statutes.
����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:
���� 1.� As used in P.L.���� ,
c.���� (C.������� ) (pending before the Legislature as this bill):
���� �Decommissioned nuclear power
plant� means a nuclear power plant that has ceased generating electricity and
stores spent nuclear fuel onsite.
���� �Eligible municipality� means
a municipality in which there is located a decommissioned nuclear power plant.
���� �Spent nuclear fuel� means
fuel that has been withdrawn from a nuclear reactor following irradiation, the
constituent elements of which have not been separated by reprocessing.
���� 2.� a.� The governing body of
an eligible municipality, by ordinance, may impose a stranded nuclear waste fee
on the owner of a decommissioned nuclear power plant, calculated pursuant to
the provisions of subsection b. of this section, for each calendar year.� The
ordinance shall set the fee per kilogram of spent nuclear fuel to be charged
pursuant to this section.� The fee shall not exceed $15.00 per kilogram.
���� b.� The amount of the annual
fee shall be equal to the number of kilograms of spent nuclear fuel stored at
the decommissioned nuclear power plant multiplied by the fee per kilogram
established in the ordinance approved by the governing body of the eligible
municipality pursuant to subsection a. of this section.
���� c.� The annual fee permitted
to be imposed by this section shall be used by the eligible municipality solely
to reduce the municipal property tax levy.
���� 3.� This act shall take effect
immediately
STATEMENT
���� This bill would permit the
governing body of a municipality in which there is located a decommissioned
nuclear power plant in which spent nuclear fuel is stored, by ordinance, to
impose a stranded nuclear waste fee on the owner of the decommissioned nuclear
power plant for every calendar year in which spent nuclear fuel is stored in
the decommissioned nuclear power plant.
���� The amount of the annual fee
would be equal to the number of kilograms of spent nuclear fuel stored at the
decommissioned nuclear power plant multiplied by the fee per kilogram
established in the ordinance.� The fee per kilogram could not exceed $15.
���� The use of the annual fee
would be limited to reducing the municipal property tax levy.