A 1769 New Jersey General Assembly · 2024-2025 Regular Session

Permits certain municipalities to impose stranded nuclear waste fee.

This bill allows municipalities with decommissioned nuclear power plants (where spent fuel is stored onsite) to impose a fee on plant owners. The fee, capped at $15 per kilogram of stored spent nuclear fuel, is calculated annually based on the total fuel weight. Revenue from this fee must be used exclusively to reduce the municipality’s property tax levy. It directly affects plant owners in eligible towns and aims to offset local tax burdens related to long-term nuclear waste storage.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly State and Local Government Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Brian Rumpf
Brian Rumpf
RRepublican
NJ
9