Receipt of Petition for Rulemaking

SUMMARY: The Nuclear Regulatory Commission (NRC) has received and
requests public comment on a petition for rulemaking filed by Mr. Eric
Joseph Epstein. The petition, docketed on January 3, 2000, has been
assigned Docket No. PRM-50-70. The petitioner requests that NRC amend
its financial assurance requirements for decommissioning nuclear power
reactors to: (1) Require uniform reporting and recordkeeping for all
``proportional owners'' of nuclear generating stations (defined by the
petitioner as partial owners of nuclear generating stations who are not
licensees); (2) modify and strengthen current nuclear decommissioning
accounting requirements for proportional owners; and (3) require
proportional owners to conduct a prudency review to determine a
balanced formula for decommissioning funding that includes not only
ratepayers and taxpayers but shareholders and board members of rural
electric cooperatives as well. The petitioner believes that the
proposed amendments would eliminate the funding gap for decommissioning
between nuclear power licensees and proportional owners of nuclear
generating stations.
Federal Register Environmental Documents