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US to Support International Financing for Nuclear Energy

New law directs US representatives at international banks to support loans for nuclear energy projects in other countries. The goal is to promote clean energy and counter the influence of other nations in this field. This could impact the global energy market and security.
Key points
The US will push international financial institutions to provide financial assistance for building and developing nuclear power plants abroad.
The act aims to promote American nuclear technology and limit the influence of Russia and China in the global energy sector.
The provisions of the act will expire 10 years after its enactment.
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Expired
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Additional Information
Print number: 117_HR_1646
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Process start date: 2021-03-08
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Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

International Nuclear Energy Financing Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1646.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-03-08.

What are the main provisions?

Key points include:

  • The US will push international financial institutions to provide financial assistance for building and developing nuclear power plants abroad.
  • The act aims to promote American nuclear technology and limit the influence of Russia and China in the global energy sector.
  • The provisions of the act will expire 10 years after its enactment.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. McHenry, Patrick T. [R-NC-10].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Economy Security Environment