Russian Fissile Materials Disposition Loan Guarantee Act of 2001
Last action on Nov 14, 2001Referred to the House Committee on International Relations.
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Summary
Russian Fissile Materials Disposition Loan Guarantee Act of 2001 - Authorizes the Secretary of Energy, with the President's approval, to guarantee loans (principal and up to three percent per year on interest) made to the Government of the Russian Federation for: (1) retirement of the sovereign debt of the Russian Federation; and (2) nuclear nonproliferation programs and activities. Sets forth certain guaranteed loan requirements.
Mandates allocation of certain funds each fiscal year to cover the expenses of the International Atomic Energy Agency in implementing and maintaining safeguards at a Russian facility on specified metric tons of weapons-usable plutonium and highly enriched uranium.
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