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Prohibiting Russian Uranium Imports: Securing US Energy Independence

New law bans uranium imports from Russia to the United States, aiming to reduce reliance on foreign suppliers and strengthen national energy security. Citizens might experience an indirect impact on energy costs as power companies seek new uranium sources, potentially affecting electricity price stability.
Key points
Starting 90 days after enactment, imports of Russian uranium into the US are prohibited.
Temporary waivers are possible until 2028 if no alternative uranium sources are available or if it's in the national interest, but with import quantity limits.
The law seeks to enhance US energy independence and support domestic uranium sources, potentially impacting long-term energy supply stability.
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Additional Information
Print number: 118_HR_1042
Sponsor: Rep. McMorris Rodgers, Cathy [R-WA-5]
Process start date: 2023-02-14