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NRC | RIN: 3150-AJ92 | Publication ID: Fall 2024 |
Title: Alternatives to the Use of Credit Ratings [NRC-2017-0021] | |
Abstract:
This rulemaking would amend the NRC's regulations to remove any use or reference to bond rating, as mandated by the Dodd-Frank Act of 2010. The rule would develop alternate criteria, if any, to replace bond rating criteria. The purpose is to ensure financial tests are sufficient when evaluating decommissioning financial assurance. The scope of this rulemaking would affect all NRC's regulations referring to bond rating. The NRC engaged the public through an advanced notice of proposed rulemaking and several public meetings. |
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Agency: Nuclear Regulatory Commission(NRC) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 10 CFR 30 10 CFR 40 10 CFR 50 10 CFR 70 10 CFR 72 | |
Legal Authority: 42 U.S.C. 2201 42 U.S.C. 5841 |
Legal Deadline:
None |
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Timetable:
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Additional Information: The rulemaking formerly was titled "Dodd-Frank Act of 2010." The staff requirements memorandum for the proposed rule was issued on July 29, 2022 (ADAMS Accession No. ML22210A166). The final rule package (SECY-24-0014, ADAMS Accession No. ML23251A106) was provided to the Commission on February 9, 2024. | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Gregory Trussell Nuclear Regulatory Commission Office of Nuclear Material Safety and Safeguards, Washington, DC 20555-0001 Phone:301 415-6445 Email: gregory.trussell@nrc.gov |