10 CFR Part 50, Domestic Licensing of Production and Utilization Facilities

ICR 202509-3150-004

OMB: 3150-0011

Federal Form Document

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Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
3150-0011 202509-3150-004
Received in OIRA 202410-3150-005
NRC
10 CFR Part 50, Domestic Licensing of Production and Utilization Facilities
Revision of a currently approved collection   No
Regular 09/05/2025
  Requested Previously Approved
08/31/2028 08/31/2028
42,878 42,863
3,714,944 3,714,406
250,451 250,434

FINAL RULE- Alternatives to the Use of Credit Ratings The U.S. Nuclear Regulatory Commission (NRC) is amending its regulations for approved financial assurance mechanisms for decommissioning in 10 CFR Parts 30, 40, 50, and 70, specifically for parent-company and self-guarantees that previously required bond ratings issued by credit rating agencies and now is replaced with a demonstration of a creditworthiness criterion. This final rule implements the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 that directed agencies to amend their regulations to remove any reference to or requirement of reliance on credit ratings. This final rule affects applicants and licensees who are required to provide decommissioning financial assurance. The information collections associated with the final rule have been submitted under the following clearance numbers: 3150-XXXX Burden for 10 CFR Part 30, Rules of General Applicability to Domestic Licensing of Byproduct Material (this is a temporary clearance number, 3150-0017 is currently unavailable for submissions due to the Regulatory Framework for Fusion Machines proposed rule) 3150-0011 - 10 CFR Part 50, Domestic Licensing of Production and Utilization Facilities 3150-0009 - 10 CFR Part 70, Domestic Licensing of Special Nuclear Material 3150-0029 - 10 CFR Part 40, Domestic Licensing of Source Material Part 50 of title 10 of the Code of Federal Regulations (10 CFR), “Domestic Licensing of Production and Utilization Facilities,” specifies technical information and data to be provided to the NRC or maintained by applicants and licensees so that the NRC may take determinations necessary to protect the health and safety of the public, in accordance with the Atomic Energy Act of 1954, as amended. The reporting and recordkeeping requirements contained in 10 CFR part 50 are mandatory for the affected licensees and applicants.

PL: Pub.L. 83 - 703 68 Stat. 919 Name of Law: Atomic Energy Act of 1954
   PL: Pub.L. 109 - 58 119 Stat 594 Name of Law: Energy Policy Act of 2005
  
None

3150-AJ92 Final or interim final rulemaking

No

1
IC Title Form No. Form Name
10 CFR Part 50, Domestic Licensing of Production and Utilization Facilities

  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 42,878 42,863 0 15 0 0
Annual Time Burden (Hours) 3,714,944 3,714,406 0 538 0 0
Annual Cost Burden (Dollars) 250,451 250,434 0 17 0 0
Yes
Changing Regulations
No
The final rule’s changes to 10 CFR Part 50 will affect applicants during the period of this clearance. The annual estimated burden increase due to the final rule is 538.33 hours, covering five respondents annually. The NRC issued this final rule to amend the approved financial assurance mechanisms for decommissioning, specifically for parent-company and self-guarantees that require bond ratings issued by credit rating agencies. The rule implements the required provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The Dodd-Frank Act directed agencies to amend their regulations to remove any reference to or requirements of reliance on credit ratings. Applicants and licensees that are required to provide decommissioning financial assurance may be impacted. The rule requires applicants and licensees that relied on bond ratings issued by credit rating agencies for their financial guarantee to instead rely on new financial tests currently provided in NRC regulations that do not contain a credit rating criterion.

$72,124,200
No
    No
    No
No
Yes
No
No
Gregory Trussell 301 415-6445

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
09/05/2025


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