S. 97 would amend the objectives of Department of Energy (DOE) programs related to the research, development, demonstration, and commercial application of advanced nuclear technologies. Based on an analysis of information from DOE and the NRC, CBO estimates that implementing the bill would cost $340 million over the 2018-2022 period, assuming appropriation of the necessary amounts.
In addition, enacting the bill could affect direct spending by the Tennessee Valley Authority (TVA) to the extent that that agency might participate in activities authorized under the bill. CBO estimates, however, that any such changes in that agency’s net outlays would be negligible. Because S. 97 could affect direct spending, pay-as-you-go procedures apply. Enacting the bill would not affect or revenues.
CBO estimates that enacting S. 97 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028.
S. 97 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.