United States Enrichment Corporation Fund Termination and Transfer Act
This bill terminates the U.S. Enrichment Corporation (USEC) Fund and rescinds all amounts currently in the fund. The fund was established to assist the USEC, a government corporation, with providing uranium enrichment services for the federal government and utilities that operate nuclear power plants. USEC was privatized in 1998, thus eliminating the need for the fund.
To terminate the United States Enrichment Corporation Fund and transfer 
                   remaining amounts to the Treasury.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``United States Enrichment Corporation 
Fund Termination and Transfer Act''.

SEC. 2. TERMINATION OF UNITED STATES ENRICHMENT CORPORATION FUND.

    (a) Definition of Fund.--In this section, the term ``Fund'' means 
the United States Enrichment Corporation Fund established by section 
1308 of the Atomic Energy Act of 1954 (68 Stat. 921, chapter 1073; 106 
Stat. 2929) (repealed by section 3116(a)(1) of the Omnibus Consolidated 
Rescissions and Appropriations Act of 1996 (Public Law 104-134; 110 
Stat. 1321-349)).
    (b) Rescission of Amounts.--All amounts in the Fund as of the date 
of enactment of this Act are rescinded.
    (c) Transfer of Amounts.--The Secretary of the Treasury shall 
transfer all amounts in the Fund to the general fund of the Treasury.
    (d) Termination of Fund.--The Fund shall terminate on completion of 
the transfer under subsection (c).
    (e) Deposit of Amounts.--Beginning on the date of enactment of this 
Act, any amounts required to be deposited in the Fund under any other 
law shall be deposited in the general fund of the Treasury.
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United States Enrichment Corporation Fund Termination and Transfer Act
A bill to terminate the United States Enrichment Corporation Fund and transfer remaining amounts to the Treasury.
United States Enrichment Corporation Fund Termination and Transfer Act
Sen. Hassan, Margaret Wood