Page:United States Statutes at Large Volume 102 Part 2.djvu/62

 102 STAT. 1066

PUBLIC LAW 100-408—AUG. 20, 1988

Public Law 100-408 100th Congress An Act Aug. 20, 1988 [H.R. 1414]

To amend the Price-Anderson provisions of the Atomic Energy Act of 1954 to extend
 * "*<* improve the procedures for liability and indemnification for nuclear incidents.

Price-Anderson IS^'Sr 42 USC 2011 ^ote.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION I. SHORT TITLE. This Act may be cited as the "Price-Anderson Amendments Act of 1988". SEC. 2. FINANCIAL PROTECTION. (a) PRIMARY FINANCIAL PROTECTION AMOUNT REQUIRED FOR LARGE

ELECTRICAL GENERATING FACILITIES.—Section 170 b. of the Atomic

Energy Act of 1954 (42 U.S.C. 2210(b)) is amended— (1) by inserting "primary" before "financial protection" the first, second, third, and sixth places it appears; (2) by inserting before the period at the end of the proviso in the first sentence the following; "(excluding the amount of private liability insurance available under the industry retrospective rating plan required in this subsection)"; and (3) by striking in the third sentence all that precedes "private liability insurance" and inserting the following: "The Commission shall require licensees that are required to have and maintain primary financial protection equal to the maximum amount of liability insurance available from private sources to maintain, in addition to such primary financial protection,". (b) STANDARD DEFERRED PREMIUM AMOUNT.—Section 170 b. of the

Atomic Energy Act of 1954 (42 U.S.C. 22100))) is amended— (1) in the second proviso of the third sentence by striking "That" and all that follows through "protection" and inserting the following: "That the maximum amount of the standard deferred premium that may be charged a licensee following any nuclear incident under such a plan shall not be more than $63,000,000 (subject to adjustment for inflation under subsection t.), but not more than $10,000,000 in any 1 year, for each facility for which such licensee is required to maintain the maximum amount of primary financial protection"; and (2) in the third proviso of the third sentence, by adding after "and costs" the following: "(excluding legal costs subject to subsection o. dXD), payment of which has not been authorized under such subsection)'. (c) LESSER ANNUAL DEFERRED PREMIUM AMOUNTS.—Section 170 b.

of the Atomic Energy Act of 1954 (42 U.S.C. 2210(b)) is amended— (1) by inserting "(1)" after the subsection designation; (2) in the first sentence, by redesignating clauses (1) through (3) as clauses (A) through (C), respectively; (3) by striking the fifth and sixth sentences; and (4) by adding at the end of the fourth sentence the following new paragraph:

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