https://appropriations.house.gov/sites/democrats.appropriations.house.gov/files/FY21%20EW%20Full%20Committee%20Print%20Report.PDF
Uranium Reserve.—The budget request proposes to establish a
new Uranium Reserve. The Department has been unable to provide
specific information about how it would implement the program, including
in congressional justifications, briefings, and in responses
to questions from the Committee about how the funds would be
spent, including the process for the purchase, conversion, or sale of
uranium in a reserve. The Committee is concerned about the lack
of justification for a reserve and potential market implications of
establishing a reserve for commercial purposes. The Committee
also notes that the Department will require a domestic source of
uranium for defense purposes in the coming decades. The Department
is directed to submit to the Committee not later than 180
days after enactment of this Act a plan for the proposed establishment
of a uranium reserve. The plan shall include the legal authorities
in place or needed to establish and operate a uranium reserve,
including the purchase, conversion, and sale of uranium; a
ten-year implementation plan of the activities for establishment
and operations of a uranium reserve; and a ten-year cost estimate.
No funds are provided for the establishment of a uranium reserve,
and no funds may be spent on activities related to the establishment
of a uranium reserve other than the development of the required
plan. Page 114.
