; and (B) by adding at the end the following: (b) Efficient licensing reviews The Commission shall provide for efficient and timely reviews and proceedings for the granting, suspending, revoking, or amending of any— (1) license or construction permit; or (2) application to transfer control. . (c) Construction Permits and Operating Licenses Section 185 of the Atomic Energy Act of 1954 ( 42 U.S.C. 2235 ) is amended by adding at the end the following: c. Application reviews for production and utilization facilities of an existing site In reviewing an application for an early site permit, construction permit, operating license, or combined construction permit and operating license for a production facility or utilization facility located at the site of a production facility or utilization facility licensed by the Commission, the Commission shall, to the extent practicable, use information that was part of the licensing basis of the licensed production facility or utilization facility. . 506. Modernization of nuclear reactor environmental reviews (a) In general Not later than 180 days after the date of enactment of this Act, the Commission shall submit to the appropriate committees of Congress a report on the efforts of the Commission to facilitate efficient, timely, and predictable environmental reviews of nuclear reactor applications for a license under section 103 of the Atomic Energy Act of 1954 ( 42 U.S.C. 2133 ), including through expanded use of categorical exclusions, environmental assessments, and generic environmental impact statements. (b) Report In completing the report under subsection (a), the Commission shall— (1) describe the actions the Commission will take to implement the amendments to the National Environmental Policy Act of 1969 ( 42 U.S.C. 4321 et seq. ) made by section 321 of the Fiscal Responsibility Act of 2023 ( Public Law 118–5 ; 137 Stat. 38)