Bill · H.R. 1474· House(119-HR-1474)
International Nuclear Energy Financing Act of 2025
- Introduced
- 2/21/2025
- Last activity
- 3/21/2025 — Placed on the Union Calendar, Calendar No. 13.
- Sponsored by
- J. Hill
- Cosponsors
- - 1 - 1
- Introduced
- On Calendar
What this bill would do
The International Nuclear Energy Financing Act of 2025 aims to advocate for nuclear energy support through various international financial institutions. It directs the Secretary of the Treasury to instruct U.S. representatives at institutions like the World Bank to push for the removal of prohibitions on nuclear energy assistance. The bill also mandates the establishment of "Nuclear Energy Assistance Trust Funds" to provide financial and technical aid to borrowing countries. These funds are intended to support nuclear technologies that meet or exceed U.S. or allied quality standards. Additionally, the act requires annual progress reports regarding these efforts for a seven-year period. The entire act is set to expire 10 years after enactment.
Yes· 3 of 9
Does this strengthen ties with allied countries?+5
The bill strengthens ties with allies by promoting nuclear technologies that meet U.S. and allied quality standards.
Does this cut the pollution that drives climate change?+5
The bill supports the expansion of nuclear power, which is a low-carbon, emissions-free energy source.
Does this make trade with other countries easier?+3
The bill promotes the export of U.S. and allied nuclear technologies via international financial institutions.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Advocacy for High-Quality Energy Standards: The bill directs banks to remove prohibitions on assistance for nuclear technologies that meet or exceed the quality standards found in the United States or its allies (Section 3).
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Financial and Technical Assistance for Nuclear Energy: The bill establishes trust funds to provide financial and technical help for the generation and distribution of nuclear energy in borrowing countries (Section 4, subsection b, paragraph 1).
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Competitive Financing: The proposed trust funds are intended to ensure that international financial institutions make financing available on competitive terms (Section 4, subsection b, paragraph 2).
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Countering Non-OECD Credit: The trust funds aim to counter credit extended by governments that are not members of the OECD Arrangement on Officially Supported Export Credits (Section 4, subsection b, paragraph 2).
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Increased Capacity for Energy Assessment: The bill seeks to increase the internal capacity of banks to assess the role of nuclear energy in client countries' systems and the delivery of assistance (Section 3).
Potential Negative Impacts for People
- Sunset Provision: The act and its amendments will have no force or effect 10 years after the date of enactment (Section 6).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- National Security And Foreign Policy
- Improves International Alliances+5Improves International Trade+3Improves Veterans Benefits+1
- Environment Energy And Infrastructure
- Reduces Carbon Emissions+5Improves Rural Development+2
- Economy And Finance
- Increases Job Creation+3Improves Economic Growth+2
- Demographic And Interest Groups
- Good For Low Income Households+2Good For Urban Residents+1
- 3/21/2025
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-23.
- Placed on the Union Calendar, Calendar No. 13.
- 3/14/2025
- 1 Cosponsor added.
- 3/5/2025
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 39 - 10.
- 2/21/2025
- Referred to the House Committee on Financial Services.
- 1 Cosponsor added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Byron DonaldsRepublican · Florida
Ritchie TorresDemocrat · New York