Sec. 102. Nuclear licensing efficiency

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Section 181 of the Atomic Energy Act of 1954 ( 42 U.S.C. 2231 ) is amended— by striking The provisions of and inserting the following: The provisions of ; and by adding at the end the following: Consistent with the declaration in section 1, the Commission shall provide for efficient, timely, and predictable reviews and proceedings for the granting, suspending, revoking, or amending of any license or construction permit, or application to transfer control, and in any proceeding for the issuance or modification of rules and regulations dealing with the activities of licenses. .

Section 185 of the Atomic Energy Act of 1954 ( 42 U.S.C. 2235 ) is amended by adding at the end the following: In reviewing an application for an early site permit, construction permit, operating license, or combined construction permit and operating license for a production facility or utilization facility located at the site of a production facility or utilization facility licensed by the Commission, the Commission shall, to the extent practicable, use information that was part of the licensing basis of the licensed production facility or utilization facility. .

Section 102(c) of the Nuclear Energy Innovation and Modernization Act ( 42 U.S.C. 2215(c) ) is amended— in paragraph (3)— in the paragraph heading, by striking and inserting 180 ; and 90 by striking 180 and inserting 90 ; and by adding at the end the following: Not less frequently than once every 3 years, the Commission shall review and assess, based on the licensing and regulatory activities of the Commission, the performance metrics and milestone schedules developed under paragraph (1).

After each review and assessment under subparagraph (A), the Commission shall revise, as appropriate, the performance metrics and milestone schedules developed under paragraph

(1)to provide the most efficient performance metrics and milestone schedules reasonably achievable. . Section 103(a)(4) of the Nuclear Energy Innovation and Modernization Act ( 42 U.S.C. 2133 note; Public Law 115–439 ) is amended— by striking Not later and inserting the following: Not later ; and by adding at the end the following: Notwithstanding section 3(1), for purposes of subparagraph (A), the term advanced nuclear reactor applicant does not include an applicant for a license for a nuclear fusion reactor. . Section 104 c. of the Atomic Energy Act of 1954 ( 42 U.S.C. 2134(c) ) is amended— by striking the third sentence and inserting the following: The Commission may issue a license under this section for a utilization facility useful in the conduct of research and development activities of the types specified in section 31 if— not more than 75 percent of the annual costs to the licensee of owning and operating the facility are devoted to the sale, other than for research and development or education and training, of— nonenergy services; energy; or a combination of nonenergy services and energy; and not more than 50 percent of the annual costs to the licensee of owning and operating the facility are devoted to the sale of energy. ; in the second sentence, by striking The Commission and inserting the following: The Commission ; and by striking and inserting the following: The Commission c. c. Research and development activities.— Subject to paragraphs

(2)and (3), the Commission . Section 11 of the Atomic Energy Act of 1954 ( 42 U.S.C. 2014 ) is amended by adding at the end the following: The term fusion machine means a particle accelerator that is capable of— transforming atomic nuclei, through fusion processes, into other elements, isotopes, or particles; and directly capturing and using the resultant products, including particles, heat, and other electromagnetic radiation. . Section 103(a) of the Nuclear Energy Innovation and Modernization Act ( 42 U.S.C. 2133 note) is further amended— in paragraph (4), by adding at the end the following: Not later than December 31, 2027, the Commission shall complete a rulemaking to establish a technology-inclusive, regulatory framework for optional use by fusion machine applicants for new license applications. ; and in paragraph (5)(B)(ii), by inserting and fusion machine license applications after commercial advanced nuclear reactor license applications . Section 3 of the Nuclear Energy Innovation and Modernization Act ( 42 U.S.C. 2215 note) is amended by adding at the end the following: The term fusion machine has the meaning given such term in subsection kk. of section 11 of the Atomic Energy Act of 1954. . Not later than 1 year after the date of enactment of this Act, the Nuclear Regulatory Commission shall submit to Congress a report on— the results of a study, conducted in consultation with Agreement States (as defined in section 3 of the Nuclear Energy Innovation and Modernization Act ( 42 U.S.C. 2215 note) and the private fusion sector, on risk- and performance-based, design-specific licensing frameworks for mass-manufactured fusion machines (as defined in subsection kk. of section 11 of the Atomic Energy Act of 1954, as added by this subsection), that includes evaluation of the Federal Aviation Administration’s design, manufacturing, and operations certification process for aircraft as a potential model for mass-manufactured fusion machine regulations; and the estimated timeline for the Commission to issue consolidated guidance or regulations for licensing mass-manufactured fusion machines, taking into account the results of such study and the anticipated need for such guidance or regulations.

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