1. Short title This Act may be cited as the Troubled Nuclear Power Plants Communities Assistance Act . 2. Assistance for communities with troubled nuclear power plants program (a) Findings The Congress finds the following: (1) The markets for electricity generation are rapidly evolving due to the very low cost of natural gas such that many nuclear power plants are no longer economically competitive. (2) Over the past 5 years, 18 nuclear power plants have permanently closed or have announced plans to close. (3) The impact of closure of a nuclear power plant on the local economy can be severe due to the loss of jobs and a reduced tax base. (4) Closure of a nuclear power plant typically means the loss of 400 to 700 highly paid workers. (5) A typical reactor has estimated wages for workers of $40 million annually. (6) Nuclear power plants are among the largest taxpayers in the jurisdictions in which they are sited, typically contributing tens of millions of dollars in local taxes. (7) When calculating the total tax impact (direct and secondary), the average nuclear power plant provides over $100 million in tax revenue each year to the local and State governments. (8) The closure of a nuclear power plant causes significant negative impacts to the GDPs of the affected States. (9) Stranded spent nuclear fuel prevents communities from redeveloping sites where nuclear power plants previously operated which further inhibits tax revenues. (b) Assistance for Communities with Troubled Nuclear Power Plants Program (1) Establishment The Secretary of Energy shall establish and carry out a program to be known as the Assistance for Communities with Troubled Nuclear Power Plants Program (in this section referred to as the Program ) to provide financial assistance to units of local government who have experienced a reduction in tax revenue from nuclear power plants. (2) Unit of local government In this section, a unit of local government includes a county, city, town, village, school district, and special district. (3) Eligibility