# 119-hr-5248: PROFIT Act of 2026

119-hr-5248, PROFIT Act of 2026, is a 119th Congress bill sponsored by Rep. Kim, Young [R-CA-40] (R-CA); status passed_house (as of 2026-07-15).

- Canonical: https://policyrisk.com/legislation/119-hr-5248
- As of: 2026-07-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-5248
- Congress: 119
- Title: PROFIT Act of 2026
- Status: passed_house
- Introduced: 2025-09-10
- Sponsor: Rep. Kim, Young [R-CA-40] (R-CA)
- Cosponsors: 2
- Policy area: International Affairs
- Touches household money: no
- Last recorded action: 2026-07-15

## Summary

**Elevates economic and energy diplomacy within the State Department.** The PROFIT Act reorganizes leadership, creates new bureaus and offices, and adds reporting and hiring tools so economic, energy, environmental, science and space issues are central to U.S. foreign policy. - U.S. businesses and exporters gain a dedicated Under Secretary for Economic Growth, Energy, and the Environment plus an Assistant Secretary for Economic and Business Affairs to push trade promotion, market access, foreign contracts, and attract foreign direct investment. - Energy, critical minerals, and space policy get new senior leadership with an Assistant Secretary for Energy Security and Diplomacy and a Bureau of Energy Security and Diplomacy to coordinate supply chains and energy strategy. That Assistant Secretary must file an initial report within 1 year and annual reports for 3 years on international energy strategy. - Sanctions, local governments, and economic analysis are centralized. The bill creates an Assistant Secretary and Bureau of Sanctions Policy, an Office of Subnational Diplomacy, and an Office of the Chief Economist that must deliver a mandatory biennial international economic strategy report. Senior civil service office directors phase in over 5 years and Direct Hire Authority for other positions terminates after 4 years.

## Cosponsors (2)

- Rep. McCaul, Michael T. [R-TX-10] (R-TX), 2025-09-16T00:00:00.000Z
- Del. Moylan, James C. [R-GU-At Large] (R-GU), 2025-09-16T00:00:00.000Z

## Provisions PRIA read

- New State leader for trade and energy: benefit, medium. This bill would create a new Under Secretary at the State Department to make trade, energy, technology, and sanctions central to diplomacy. It would set up bureaus for energy security, sanctions, and water/environment/space, plus an Office of the Chief Economist (a chief economist, 6–12 civil‑servi…
- Energy experts in U.S. embassies: benefit, low. This bill would let the Energy Department assign its staff or national‑lab experts to U.S. embassies as energy advisors. They would give technical help on energy issues to support U.S. diplomacy and projects abroad. This change would take effect upon enactment.

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-4393: DIGNIDAD (Dignity) Act of 2025
- 119-hr-2548: Sanctioning Russia Act of 2025
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-6875: AI OVERWATCH Act

## Sources
- [119-hr-5248 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/5248)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-4393: DIGNIDAD (Dignity) Act of 2025](https://policyrisk.com/legislation/119-hr-4393)
- [119-hr-2548: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-hr-2548)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-6875: AI OVERWATCH Act](https://policyrisk.com/legislation/119-hr-6875)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-5248 (as of 2026-07-15).