$7-Billion Nuclear Mishap Fund
- Share via
WASHINGTON — The Senate approved and sent to the White House today legislation to increase the liability of nuclear power plant operators to about $7.2 billion in the event of an accident.
The bill, approved by voice vote, was passed 346 to 54 in the House earlier this week. The legislation would raise to about $7.2 billion, from the current $700 million, the pool of money that must be provided by the nation’s 112 nuclear plants for compensation in the case of an accident at a commercial reactor. The bill also provides fines of up to $100,000 a day for private contractors at federal weapons plants who violate safety regulations.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
