To require the Nuclear Regulatory Commission to consider certain criteria in relicensing nuclear facilities, and to provide for an independent assessment of the Oyster Creek Nuclear Generating Station by the National Academy of Sciences prior to any relicensing of that facility.

H.R. 5032 proposes to expand the safety and security requirements the Nuclear Regulatory Commission (NRC) must evaluate before renewing the operating license of any nuclear power plant. Under this bill, the NRC would be required to specifically analyze a facility's vulnerability to terrorist attacks, the adequacy of local evacuation plans in light of population growth, and the long-term risks of storing nuclear waste on-site.

The legislation also places specific requirements on the Oyster Creek Nuclear Generating Station in New Jersey, prohibiting its relicensing until the National Academy of Sciences conducts an independent safety assessment. For citizens living near nuclear facilities, this bill aims to provide more rigorous federal oversight and transparency regarding the environmental, health, and security impacts of aging nuclear plants.