(a) Intent.--It is the intent of this section to provide a procedure to assure that each fund contributor be provided credits, to the extent of its final reconciliation account value, against surcharges to be imposed on all waste depositors under section 315(c) of the Low-Level Radioactive Waste Disposal Act.¹

(b) Reconciliation period for final reconciliation control account.--The final reconciliation account value of each contributor shall be reconciled over ten annual reconciliation periods against any surcharges on waste depositors imposed by the department under section 315(c) of the Low-Level Radioactive Waste Disposal Act. The first annual reconciliation period shall commence with the first day of the first month of the fifth calendar quarter during which waste is deposited in the regional facility.

(c) Reconciliation credits.--For each annual reconciliation period, the department shall determine the revenue required by all surcharges to be imposed under section 315(c) of the Low-Level Radioactive Waste Disposal Act and add to such requirement an additional amount equal to one-tenth of the final reconciliation control account value, the sum to be termed the annual reconciliation period revenue. An annual reconciliation period surcharge rate applicable to current reconciliation period disposal operations shall be then determined by dividing the annual reconciliation period revenue by the total volume and waste classification of waste deposited in the regional facility by all waste depositors during the preceding 12 months. The annual surcharge rate thus determined shall be multiplied by the volume and waste classification of waste deposited at the regional facility in the current reconciliation period by each waste depositor and the resulting surcharge assessed upon each such waste depositor. The surcharge assessment of such a waste depositor who is a fund contributor shall be credited in an amount up to one-tenth of its final reconciliation account value. If, in any reconciliation period, the applicable surcharge assessment shall be less than one-tenth of the fund contributor's final reconciliation account value, the difference may be carried over and usable as additional credit against applicable surcharges in the next reconciliation period or alternatively applied to any permit fee imposed under section 315(a) of the Low-Level Radioactive Waste Disposal Act.