HR 5248
Passed a chamber
Creates an Under Secretary of State for Economic Growth, Energy, and the Environment and new State Department offices covering sanctions, the chief economist, subnational governments, energy security, and water, environment, and space affairs.
Official title: PROFIT Act of 2026
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
10-SEP-2025
Referred
10-SEP-2025
Approved by committee
18-SEP-2025
Passed
08-JUN-2026
Senate
Received
09-JUN-2026
- Creates an Under Secretary of State for Economic Growth, Energy, and the Environment to oversee the department's economic, energy, and environmental policy.
- Establishes bureaus for sanctions policy, energy security and diplomacy, and water, environment, and space affairs, each led by an Assistant Secretary.
- Sets up an Office of the Chief Economist led by a holder of an economics doctorate, with 6 to 12 civil service analysts and one Foreign Service officer.
- Creates an Office of Subnational Diplomacy to help state and local governments attract foreign investment and resist foreign malign influence, co-located with the Office of Foreign Missions in Los Angeles.
Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (10-SEP-2025); the text has changed since (Engrossed in House, 08-JUN-2026).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Foreign Affairs Committee (House)
- Foreign Relations Committee (Senate)
International Affairs
■ 2 R
2 Republicans