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Proposed Nuclear Insurance and Three Mile Island Cleanup Assistance Legislation

EMD-82-B1 Published: Oct 14, 1981. Publicly Released: Oct 14, 1981.
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Highlights

GAO was requested to comment on S. 1226, a bill which provides for supplemental insurance to cover damages to nuclear powerplants and includes provisions for certain remedial action at the Three Mile Island facility. The comments were based principally on the results of an assessment of the current levels of property damage insurance coverage for nuclear powerplants and the need to provide funding to complete the cleanup of the damaged reactor at Three Mile Island.

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Federal corporationsInsuranceNuclear powerplantsNuclear reactorsProperty damagesProposed legislationPrivate sectorInsurance coverageNuclear power plantsPublic utilities