This Act may be cited as the Reactor Expenditure Accountability and Compliance Transparency Act or the REACT Act.

The Nuclear Regulatory Commission shall revise section 50.82 of title 10, Code of Federal Regulations, to require each power reactor licensee that uses a decommissioning trust fund to report to the Nuclear Regulatory Commission in each financial assurance status report of such licensee— (1) any earned interest of the decommissioning trust fund; (2) the projected annual rate of return of the decommissioning trust fund; and (3) a detailed list of expenditures made for decommissioning activities using withdrawals from the decommissioning trust fund.