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Administration supports reauthorization of the Price-Anderson Act,
which provides liability protection for government contractors and
the nuclear industry and assures prompt and equitable compensation
for the public in the unlikely event of a nuclear accident. The Administration
commends the House for its efforts to extend Price-Anderson's important
indemnification objectives. To assure the future of nuclear energy,
liability coverage must continue for nuclear activities conducted
by the Department of Energy and by licensees of the Nuclear Regulatory
Commission as well as contractors, subcontractors, and suppliers of
both.
The
Administration remains committed to enacting legislation that will
reauthorize the Price-Anderson Act in its current form, and looks
forward to working with Congress to improve provisions in the bill
concerning financial accountability, safety, and security. The Administration
hopes to work with Congress to ensure that the bill achieves its
intended effect without detracting from the quality of potential
contractors, fostering unnecessary regulations, or compromising
security, anti-terrorism, or non-proliferation efforts.
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