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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Mar 25, 1982.
Nuclear Powerplant Decontamination Act of 1982 - Requires the Nuclear Regulatory Commission (NRC) to terminate or suspend operating licenses in effect for any nuclear powerplant and prohibits the issuance of operating licenses to license applicants unless: (1) for the period beginning 30 days after enactment of this Act and ending December 31, 1984, the licensee or license applicant has the maximum amount of onsite property damage insurance covering the nuclear powerplant which the NRC determines to be commercially available; and (2) beginning on January 1, 1985, the licensee or license applicant has an aggregate amount of onsite property damage insurance of not less than $1,500,000,000 covering the nuclear powerplant. Requires the NRC to review periodically the adequacy of the insurance required under this Act. Requires that there be collected from January 1, 1983, through December 31, 1988, an annual assessment from all licensees which shall be placed in a trust fund to be used for funding the decontamination of the Three Mile Island Unit 2 nuclear powerplant. Requires the NRC to terminate or suspend the operating or construction license of any licensee which fails to pay such assessment.
