Price-Anderson Amendment Act

Provide enforcement policy and programs assodated with the dvil and criminal authority of the Price-Anderson Amendments Act. 

The SNL Compliance Metrics Department tabulates a set of Performance Indicators (Pis) for SNL/NM facilities and issues a quarterly report to track trends and provide data for analysis on these Pis. The Pis with particular applicability to HCF operations include personnel radiation exposures, low-level radioactive waste generation, reportable releases to the environment, DOE reportable occurrences, and Price Anderson Amendments Act violations. 

To encourage the development of nuclear power reactors. Congress passed the Price-Anderson Amendment Act (PAAA). This law indemnified the owners of nuclear facilities from potential unbounded claims if there was a nuclear accident that caused harm to the public. The law was revised in 1988 to require DOE to develop an enforcement process for violations of nuclear requirements. 

Energy Policy Act of 2005/ Price-Anderson Amendments Act of 2005, Public Law 108-58. 

Operational procedure, enforcement of doe nuclear safety requirements under Price Anderson Amendments Act of 1988. Document is available from U.S. Department of Energy, Washington, DC 20585. http //tis/eh.doe.gov/enforce/. 

Price-Anderson amendment to 1954 Atomic Energy Act became law. Provided government indemnity in event of major reactor acddent. Also incorporated Senator Anderson s changes in licensing procedures. Safeguards Committee made a statutory body. 

The Price-Anderson Act of 1957 (Public Law 85-256) limited the liability of the nuclear industry in the event of a nuclear accident in the United States. Because of the safety uncertainty posed by the nuclear industry in the United States, private insurance companies were unwilling to fully underwrite a nuclear power plant. The lack of financial security would have hindered the development of the nuclear industry. The federal government intervened with this amendment to the AEA of 1954. 

Instead of holding separate hearings on Anderson s suggested amendments to the 1954 act, the Joint Committee decided to discuss them at the upcoming hearings on the resubmitted Price-Anderson indemnity bills scheduled to begin on 25 March. By coincidence, Anderson s pro-... 

These measures were passed as amendments to the Price-Anderson act in August 1957. The primary purpose of this act was to establish liability limits and no-fault provisions for insurance on nuclear reactor accidents. Such indemnity legislation was deemed essential by AEC, the emerging nuclear industry, and the Joint Committee on Atomic Energy who recognized that the probability of a severe reactor accident could not be reduced to zero. The original act, which has periodically ammended, had the government underwrite... 

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