REACT Act

The REACT Act requires nuclear power plant operators to provide detailed financial reports to the Nuclear Regulatory Commission (NRC) about decommissioning trust funds. Specifically, licensees must report earned interest, projected annual returns, and itemized expenditures from these funds used for future plant cleanup. This directly affects nuclear power plant operators managing decommissioning trust funds, which are set aside for safely shutting down reactors. The bill aims to increase transparency around how these funds are managed and spent, without changing funding levels or creating new financial obligations.