Section 1 Short title
This Act may be cited as the “123 GO Act”.
123 GO Act
A BILL
To enhance the competitiveness of the nuclear sector of the United States in foreign countries, and for other purposes.
Sec. 2 Sense of Congress
It is the sense of Congress that Executive Order 14299 (90 Fed. Reg. 22581; relating to deploying advanced nuclear reactor technologies for national security) reflects the interests of the United States.
Sec. 3 Negotiation of 123 agreements
The Secretary of State shall—
lead diplomatic engagement and negotiations for agreements for cooperation pursuant to section 123 of the Atomic Energy Act of 1954 (42 U.S.C. 2153) (hereafter referred to as “123 agreements”);
seek to enter into not fewer than 20 new 123 agreements before January 3, 2029; and
seek to renegotiate or renew 123 agreements that are scheduled to expire before the date that is 10 years after the date of the enactment of this Act.
Sec. 4 Program to enhance global competitiveness
The Secretary of State, in consultation with the Secretary of Commerce and the Secretary of Energy, and after review by the Director of the Office of Science and Technology Policy and the Assistant to the President for Economic Policy, shall implement a program to enhance the global competitiveness of United States persons (as such term is defined in section 1637(d) of the Carl Levin and Howard P. “Buck” McKeon National Defense Authorization Act for Fiscal year 2015 (50 U.S.C. 1708(d)) who are nuclear suppliers, investors, or lenders to compete for nuclear projects in foreign countries, including—
expediting the conclusion of intergovernmental agreements on nuclear energy and the fuel supply chain with potential export countries;
promoting broad adherence to the Convention on Supplementary Compensation for Nuclear Damage, with Annex, done at Vienna September 12, 1997 (TIAS 15–415);
identifying statutory and regulatory burdens on exports of nuclear technology, fuel supplies, equipment, and services from the United States and recommending action to relieve such burdens; and
encouraging favorable decisions by potential import countries on the use of nuclear technology, fuel supplies, equipment, and services from the United States.