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HR 1474 Advanced toward a vote

Directs the U.S. Treasury Secretary to push the World Bank and other development banks to lift limits on financing nuclear energy and to create dedicated nuclear energy assistance trust funds.

Official title: International Nuclear Energy Financing Act of 2025

Next stop House floor: awaiting a vote
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced 21-FEB-2025
Referred 21-FEB-2025
Approved by committee 05-MAR-2025
Reported 21-MAR-2025
On the calendar 21-MAR-2025
Key points
  • Instructs the Treasury Secretary to have U.S. representatives at the World Bank, the European Bank for Reconstruction and Development, and other multilateral banks advocate removing prohibitions on nuclear energy financing, limited to technologies meeting U.S. or allied quality standards
  • Directs U.S. representatives to push for internal capacity-building at those banks to assess the role of nuclear energy in client countries' energy systems
  • Establishes a Nuclear Energy Assistance Trust Fund at each participating institution, to support nuclear projects and counter credit from countries outside the OECD export credit arrangement
  • Requires the National Advisory Council on International Monetary and Financial Policies to report on progress for seven years after enactment, and the Act and its amendments expire 10 years after enactment
AI-generated from the Reported in House text of 21-MAR-2025 · verify · report an error
Official CRS summary

No CRS summary yet. CRS writes one for most bills, often months after they move.

CRS is the Library of Congress's nonpartisan research office. Check on congress.gov
Committee referrals (1) Policy area

International Affairs

Sponsor J. French Hill (R-AR) Cosponsors · 2
■ 1 R■ 1 D
1 Republican
1 Democrat