New Jersey S1932 allows certain municipalities to impose a fee on owners of decommissioned nuclear power plants storing spent nuclear fuel.
New Jersey S1932 permits municipalities with decommissioned nuclear power plants storing spent nuclear fuel to impose an annual fee on the plant's owner. The fee is calculated based on the amount of spent nuclear fuel stored, with a maximum rate of $15 per kilogram. The revenue from this stranded nuclear waste fee must be used exclusively to reduce the municipal property tax levy.
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