Bill · S. 4228· Senate(119-S-4228)
ACE Nuclear Energy Act of 2026
- Introduced
- 3/26/2026
- Last activity
- 3/26/2026 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- David McCormick
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, known as the "American Competitiveness for Exports in Nuclear Energy Act of 2026," aims to amend the Export-Import Bank Act of 1945. It proposes to exclude specific types of financing from the calculation of the Bank's default rate. This financing includes transactions related to civil nuclear facilities, material, or technology. Additionally, the bill seeks to change how certain employees are compensated. It would allow the Board of Directors to pay up to 100 employees without following specific existing compensation provisions.
Yes· 3 of 6
Does this make trade with other countries easier?+5
The bill enhances the ability of the U.S. to export nuclear-related technology and services globally.
Is this likely to grow the economy?+4
The bill facilitates financing for the civil nuclear energy sector, which can stimulate industrial and energy-related economic activity.
Is this likely to create jobs?+3
By allowing market-competitive compensation, the bill helps the Bank attract and retain talent necessary for its operations.
The opposite
Does this make what the government does easier for the public to see?-2
The bill reduces oversight by allowing the Board of Directors to bypass standard federal compensation provisions for up to 100 employees.
Who it would affect, and how
Potential Positive Impacts for People
-
Exclusion of nuclear financing from default rate calculations: By excluding financing for civil nuclear facilities, material, or technology from the calculation of the Bank's default rate, the bill changes how those specific transactions are treated under Section 8(g) of the Export-Import Bank Act of 1945 (Section 2).
-
Market-competitive compensation for employees: The bill allows the Board of Directors to compensate up to 100 employees without regard to certain existing provisions in the United States Code, which is intended to permit market-competitive compensation (Section 3).
Potential Negative Impacts for People
- No specific negative impacts or burdens are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Economic Growth+4Increases Job Creation+3
- National Security And Foreign Policy
- Improves International Trade+5
- Demographic And Interest Groups
- Good For High Income Households+2Good For Urban Residents+1
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment+3
- Governance And Ideology
- Improves Government Transparency-2
- 3/26/2026
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
Andy KimDemocrat · New Jersey