3.0.0 1928 2025-01-14T18:20:21Z 2025-01-14T18:20:21Z Senate S S 2023-06-12 118 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2023-06-12T20:56:39Z 2023-06-12 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2023-06-12 Introduced in Senate IntroReferral 10000 9 Library of Congress M001183 Sen. Manchin, Joe, III [D-WV] Joseph Manchin D WV N R000584 Sen. Risch, James E. [R-ID] James Risch R ID E. 2023-06-12 True Foreign Trade and International Finance Foreign Trade and International Finance 2023-07-19T19:28:19Z

00 2023-06-12 Introduced in Senate 2024-03-29T15:57:28Z <p><b>Civil Nuclear Export Act of 2023</b></p> <p>This bill provides the Export-Import Bank with certain authorities to finance nuclear exports.</p> <p>Specifically, the bill allows the Export-Import Bank to provide financing for liquid metal fast breeder nuclear reactors and nuclear fuel reprocessing facilities if they are otherwise permitted by law.</p> <p>Additionally, the bill expands the China and Transformational Exports Program (CTEP) by making nuclear facilities eligible for financing under the program. Currently, the bank may extend loans, guarantees, and insurance to advance the comparative leadership of the United States with respect to China in specified export areas (e.g., artificial intelligence, biotechnology, and wireless communications equipment). This bill expands those areas to include civil nuclear facilities, materials, technologies and related goods and services that support the development of an effective nuclear energy sector.</p> <p>The bill also revises the financial limitation on the outstanding aggregate amount of all of the bank's loans, guarantees, and insurance. In particular, the bill exempts those amounts attributed by the bank to CTEP, as long as that financing does not exceed a specified amount.</p> <p>The bill also increases from 2% to 4% the bank's default rate cap. Further, the bill allows the bank to exclude financing under CTEP from this default rate, subject to approval of the bank's board of directors.</p> <p>The bill establishes liability limits for damages that are caused by nuclear projects financed by the bank.</p>

Display Title 45 2024-07-24T15:21:42Z Short Title(s) as Introduced 101 2024-05-24T13:38:59Z Introduced in Senate IS Official Title as Introduced 6 2024-04-02T08:08:14Z Introduced in Senate IS Introduced in Senate 2023-06-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s1928is/xml/BILLS-118s1928is.xml 2023-06-12 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.