Uranium Enrichment Fund Act of 1980
Latest action. Referred to Senate Committee on Energy and Natural Resources.
Uranium Enrichment Fund Act of 1980 - Amends the Atomic Energy Act of 1954 to establish in the United States Treasury a uranium enrichment fund to consist of: (1) all receipts, collections, and recoveries of the Secretary of Energy from the provision of services for the production or enrichment of uranium in the isotope 235, and the sale, lease, distribution, or transfer of uranium and activities incident thereto; (2) all proceeds derived from the sale of bonds by the Secretary pursuant to such Act and from activities incident thereto; (3) the unexpended balance of any funds available prior to the effective date of this Act relating to production or enrichment of uranium; and (4) any appropriations made by Congress to the fund. Sets forth requirements concerning the Secretary's authority to make expenditures from such fund for uranium production and enrichment activities. Authorizes the Secretary to request the investment of funds in excess of current needs by the Secretary of the Treasury in United States obligations. Authorizes the Secretary to issue and sell to the Secretary of the Treasury bonds, notes, and other evidences of indebtedness to assist in financing uranium production and enrichment facilities and activities incident thereto. Requires the Secretary to submit to Congress an annual report containing a comprehensive description of the operation and financial activities of the uranium enrichment fund.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in Senate" stage on August 1, 1980. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on August 1, 1980: Referred to Senate Committee on Energy and Natural Resources.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the Senate
- Passage by the House
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 96th Congress (1979-80), 613 of the 12,581 bills and joint resolutions introduced became law, about 4.9 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
JOHN GLENN (D-OH) introduced it on August 1, 1980. No cosponsors are recorded.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on August 1, 1980, 16841 days ago. The most recent recorded action was 16841 days ago, on August 1, 1980.
Measures do not carry over. Anything the 96th Congress has not finished by January 3, 1981 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- SenateIn committee, no floor vote yet
- HouseAwaits Senate passage
- PresidentAwaits both chambers