Civil Nuclear Export Act of 2026
Sponsored By: Senator Risch, James E. [R-ID]
Introduced
Summary
Expands U.S. export finance support for civil nuclear energy. This bill would create an explicit exception to a prohibition so the Export-Import Bank could finance purchases that are allowed under section 123 agreements or other U.S. law, and it would add civil nuclear technologies, materials, services, and related infrastructure to the Bank's China and Transformational Exports program.
Show full summary
- U.S. exporters and manufacturers: Makes civil nuclear sales eligible for targeted EXIM backing, helping firms sell technologies, materials, services, and infrastructure abroad.
- Bank financing limits: Lets EXIM attribute up to $50 billion in excess financing to the China and Transformational Exports program and raises a related threshold from 2% to 4%.
- Bank accounting and oversight: Allows program loans to be counted regardless of issuance date and lets the Board exclude PCTE transactions from default-rate calculations if PCTE defaults reach or exceed 4%.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
More Export-Import Bank support for nuclear exports
If enacted, the Export-Import Bank would be allowed to finance nuclear purchases that U.S. law or a section 123 agreement permits. The bill would add civil nuclear technologies, materials, services, and related infrastructure to the Bank's China and Transformational Exports program. The Bank could count PCTE loans, guarantees, and insurance toward an excess lending amount up to $50 billion and could attribute deals without regard to their issuance date. It would raise a lending-cap calculation from 2 percent to 4 percent. The Board could exclude PCTE financing from the Bank's default-rate calculation if PCTE defaults equal or exceed 4 percent.
Sponsors & CoSponsors
Sponsor
Risch, James E. [R-ID]
ID • R
Cosponsors
Sen. Warner, Mark R. [D-VA]
VA • D
Sponsored 8/5/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov