H.R. 3405 would direct the U.S. Geological Survey (USGS) to remove uranium from the Final List of Critical Minerals published on May 18, 2018, pursuant to Executive Order 13817, which directed the federal government to identify and develop a national strategy for critical minerals.
CBO estimates that updating the list and associated regulations to exclude uranium would not significantly increase USGS costs over the 2020-2024 period. Any spending would be subject to the availability of appropriated funds.