NRC to Increase Import and Export License Fees
The Nuclear Regulatory Commission (NRC) recently published a final rule in the June 6, 2007 edition of the Federal Register announcing an increase in the fees that it charges to perform various services, including the issuance of import and export licenses. The new fee schedule takes effect August 6, 2007. Because some of these fee increases are significant, importers and exporters of nuclear material regulated by the NRC should submit their import and export license applications to the NRC before the fee increase goes into effect.
Unlike many other federal agencies, the NRC charges fees to issue import and export licenses since by law the agency is required to recover approximately 90 percent of its budget authority in each fiscal year from fees collected from NRC licensees and applicants.
Labels: Nuclear