Nuclear Waste Administration Act of 2024

The Nuclear Waste Administration Act of 2024 establishes a new independent agency, the Nuclear Waste Administration, to manage the permanent disposal of nuclear waste, transferring responsibilities from the Secretary of Energy. It creates a consent-based siting process requiring agreements with states, local governments, and tribes before building facilities, and establishes a Working Capital Fund to ensure waste generators pay the full cost of disposal. The bill sets specific deadlines for developing storage facilities by 2034 and repositories by 2060, while requiring environmental reviews, public input, and oversight through a new Nuclear Waste Oversight Board. This new agency will oversee all aspects of nuclear waste management, including transportation, storage, and disposal, with accountability measures including annual reports and public transparency.