SD 1081

This bill establishes a $25 million annual fee on owners and affiliates of nuclear power stations in Massachusetts to fund prompt decommissioning and postclosure activities once these facilities stop generating electricity. The fee revenue would be deposited into a newly created Postclosure Trust Fund managed by the State Treasurer to cover costs including site cleanup, environmental remediation, spent fuel management, and complete facility dismantling. The legislation aims to ensure nuclear sites are quickly returned to productive use after closure while protecting taxpayers and ratepayers from bearing the financial burden of decommissioning costs, explicitly excluding the extended storage option known as "Safstor" from acceptable decommissioning approaches.