[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 4392 Introduced in Senate (IS)]

<DOC>






119th CONGRESS
  2d Session
                                S. 4392

 To promote United States and allied energy and mineral security, and 
                          for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             April 27, 2026

Mr. Coons (for himself and Mr. Ricketts) introduced the following bill; 
which was read twice and referred to the Committee on Foreign Relations

_______________________________________________________________________

                                 A BILL


 
 To promote United States and allied energy and mineral security, and 
                          for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Energy Security Pacts Act''.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) Appropriate congressional committees.--The term 
        ``appropriate congressional committees'' means--
                    (A) the Committee on Foreign Relations, the 
                Committee on Finance, and the Committee on 
                Appropriations of the Senate; and
                    (B) the Committee on Foreign Affairs, the Committee 
                on Ways and Means, and the Committee on Appropriations 
                of the House of Representatives.
            (2) Council agency.--The term ``council agency'' means a 
        department, agency, or organization described in section 6(c).
            (3) Critical mineral.--The term ``critical mineral'' means 
        any mineral on the list of critical minerals required by 
        section 7002(c)(3) of the Energy Act of 2020 (30 U.S.C. 
        1606(c)(3)) on or after January 1, 2026.
            (4) Director for energy security pacts.--The term 
        ``Director for Energy Security Pacts'' means the Director for 
        Energy Security Pacts described in section 4.
            (5) Energy security pact.--The term ``Energy Security 
        Pact'' means an Energy Security Pact described in section 3.
            (6) Energy security pacts council.--The term ``Energy 
        Security Pacts Council'' means the Energy Security Pacts 
        Council established under section 6.
            (7) Partner country.--The term ``partner country'' means a 
        country eligible for participation in an Energy Security Pact.
            (8) Secretary.--The term ``Secretary'' means the Secretary 
        of State.
            (9) Under secretary.--The term ``Under Secretary'' means 
        the Under Secretary of State for Economic Growth, Energy, and 
        the Environment.

SEC. 3. AUTHORITY AND FUNDING FOR ENERGY SECURITY PACTS.

    (a) In General.--The Secretary may establish multiyear agreements 
(to be known as ``Energy Security Pacts'') with partner countries under 
which the Secretary may coordinate and provide assistance to enhance 
the energy and economic security and stability of the United States and 
such partner countries, including through efforts to counter economic 
coercion through the diversification of critical mineral and energy 
supply chains.
    (b) Funding.--
            (1) Availability of amounts.--The Secretary may make 
        available, from amounts authorized to be appropriated for 
        fiscal year 2026 or any subsequent fiscal year under the 
        heading ``National Security Investment Programs'' in Acts 
        making appropriations for the Department of State, foreign 
        operations, and related programs (including amounts authorized 
        to be appropriated to the Economic Resilience Initiative), 
        amounts for the purpose of establishing and implementing Energy 
        Security Pacts.
            (2) Transfers.--Funds authorized to be made available 
        pursuant to paragraph (1) may be transferred to, and merged 
        with, funds appropriated for fiscal year 2026 or any subsequent 
        fiscal year under the headings ``United States Trade and 
        Development Agency'', ``Millennium Challenge Corporation'', 
        ``United States International Development Finance-Corporate 
        Capital Account'', ``United States International Development 
        Finance-Program Account'', ``Development Finance Corporate 
        Equity Investment Account'', and ``Export-Import Bank of the 
        United States-Program Account'' to carry out the purpose 
        described in paragraph (1).
            (3) Consultation and notification.--The transfer authority 
        provided by this subsection is--
                    (A) in addition to any other transfer authority 
                provided by law; and
                    (B) subject to--
                            (i) prior consultation with--
                                    (I) the Committee on Appropriations 
                                and the Committee on Foreign Relations 
                                of the Senate; and
                                    (II) the Committee on 
                                Appropriations and the Committee on 
                                Foreign Affairs of the House of 
                                Representatives; and
                            (ii) the regular notification procedures of 
                        such committees.
    (c) Assistance for the Development and Implementation of Pacts.--
The Director for Energy Security Pacts may--
            (1) enter into contracts for required technical support 
        related to Energy Security Pacts;
            (2) make grants to partner countries that meet eligibility 
        requirements for United States foreign assistance for the 
        purpose of building the administrative or technical capacity 
        necessary to facilitate the development and implementation of 
        an Energy Security Pact between the United States and such 
        country; and
            (3) lead Country Pact Teams, in accordance with section 
        4(c), to carry out the implementation of Energy Security Pacts.
    (d) Limitations.--
            (1) Prohibition on military assistance and training.--
        Assistance under this section may not include military 
        assistance or military training for a country.
            (2) Prohibition on assistance relating to united states job 
        loss or production displacement.--Assistance under this section 
        may not be provided for any project that is likely to cause a 
        substantial loss of United States jobs or a substantial 
        displacement of United States production.
            (3) Prohibition on assistance relating to environmental, 
        health, or safety hazards.--Assistance under this section may 
        not be provided for any project that is likely to cause a 
        significant environmental, health, or safety hazard.
            (4) Foreign aid transparency and accountability act 
        compliance.--None of the funds authorized to be appropriated or 
        otherwise made available to carry out this Act may be obligated 
        or expended for an Energy Security Pact unless the Secretary 
        complies with the requirements of section 4 of the Foreign Aid 
        Transparency and Accountability Act of 2016 (22 U.S.C. 2394c) 
        with respect to the Pact and all activities associated with the 
        Pact.
            (5) Prohibition on assistance for certain entities.--None 
        of the funds authorized to be appropriated or otherwise made 
        available to carry out this Act may be obligated or expended to 
        provide any grant, contract, loan, or other financial 
        assistance to an entity in which a senior United States 
        Government official or an immediate family member (as defined 
        in section 1128(j) of the Social Security Act (42 U.S.C. 1320a-
        7(j))) of such official holds any ownership interest or serves 
        in any managerial, officer, director, or board capacity.
            (6) Other prohibition.--Assistance under this section may 
        not be used in any manner otherwise prohibited by any provision 
        of law.

SEC. 4. OFFICE OF ENERGY SECURITY PACTS.

    (a) Establishment.--Not later than 180 days after the date of the 
enactment of this Act, the Secretary shall establish an Office of 
Energy Security Pacts, which shall perform such functions related to 
the administration, coordination, and implementation of Energy Security 
Pacts as the Under Secretary may prescribe.
    (b) Director for Energy Security Pacts.--
            (1) In general.--The Office of Energy Security shall be led 
        by a Director for Energy Security Pacts, who shall be--
                    (A) appointed by the Secretary; and
                    (B) responsible--
                            (i) to the Under Secretary for all matters 
                        pertaining to the administration and 
                        implementation of Energy Security Pacts; and
                            (ii) for such other related duties as the 
                        Secretary may from time to time designate.
            (2) Responsibilities.--In addition to the responsibilities 
        described in paragraph (1), the Director for Energy Security 
        Pacts shall be responsible for supporting the coordination and 
        implementation by the Department of State of the Economic 
        Resilience Initiative and the Energy Security Pacts Council, 
        including for all matters pertaining to the following:
                    (A) Drafting the contribution of the Secretary to 
                the strategy required by section 7030(d) of the Further 
                Consolidated Appropriations Act, 2024 (Public Law 118-
                47; 138 Stat. 782).
                    (B) Leading the development, negotiation, and 
                management of all Energy Security Pacts.
                    (C) Consulting and coordinating with council 
                agencies to develop prospective Energy Security Pacts 
                and implement ongoing Energy Security Pacts, as 
                appropriate.
                    (D) Serving as the recipient for--
                            (i) solicited proposals under Energy 
                        Security Pacts; and
                            (ii) unsolicited proposals for projects to 
                        be considered for inclusion in any Energy 
                        Security Pact by national, regional, and local 
                        governments and private corporations.
                    (E) Signing joint agency agreements on behalf of 
                the Department of State, transferring or receiving 
                appropriated funds from any department, agency, or 
                independent establishment of the United States 
                Government on behalf of the Department of State (with 
                the consent of the head of such department, agency, or 
                establishment) for the purpose of developing, 
                implementing, or otherwise participating in an Energy 
                Security Pact, including for use as a credit subsidy to 
                provide loans.
                    (F) Coordinating with other donor entities, 
                including countries that are allies and partners of the 
                United States, the Forum on Resource Geostrategic 
                Engagement of the Department of State, and other 
                multilateral fora, for purposes of deconflicting, 
                augmenting, and leveraging, as appropriate, Energy 
                Security Pact workplans with the development and 
                financing activities performed by others.
            (3) Annual report required.--Not less frequently than 
        annually until the date that is 5 years after the date of the 
        enactment of this Act, the Director for Energy Security Pacts 
        shall submit to the appropriate congressional committees, the 
        Executive Office of the President, the National Security 
        Council, and the Secretary a report describing--
                    (A) the current status of activities authorized 
                under this Act;
                    (B) any obstacles to the implementation of such 
                activities; and
                    (C) any updates to the multiyear financial plan 
                developed pursuant to section 5(d)(G).
    (c) Country Pact Teams.--
            (1) In general.--The Secretary, in consultation with the 
        Under Secretary and relevant Federal departments and agencies, 
        shall designate a Country Pact Team for each Energy Security 
        Pact.
            (2) Leadership; duties.--Each Country Pact Team shall--
                    (A) be led by the Director for Energy Security 
                Pacts, who shall regularly engage with the Energy 
                Security Pacts Council on matters related to the Energy 
                Security Pact; and
                    (B) manage the day-to-day activities related to the 
                development, negotiation, implementation, and 
                monitoring of the Pact.
    (d) Personnel.--
            (1) In general.--The Under Secretary or the Under 
        Secretary's designee may--
                    (A) detail staff to heads of council agencies with 
                relevant sectoral, financial, or regional expertise for 
                the express purpose of supporting the negotiation or 
                implementation of an Energy Security Pact;
                    (B) request from the heads of council agencies the 
                detail of personnel to the Office of Energy Security 
                Pacts with relevant sectoral, financial, or regional 
                expertise, on a reimbursable basis, for the express 
                purpose of supporting the negotiation or implementation 
                of an Energy Security Pact; and
                    (C) appoint, without regard to the provisions of 
                sections 3309 through 3318 of title 5, United States 
                Code, candidates directly to positions in the 
                competitive service, as defined in section 2102 of that 
                title.
            (2) Detailed employees.--Any employee detailed pursuant to 
        a request made under paragraph (1)(B) shall remain, for the 
        purpose of preserving such employee's allowances, privileges, 
        rights, seniority, and other benefits, an employee of the 
        agency from which detailed.
    (e) Termination.--
            (1) New energy security pacts.--The authority to enter into 
        new Energy Security Pacts shall terminate on the date that is 
        15 years after the date of the enactment of this Act.
            (2) Office; director; council.--The Office of Energy 
        Security Pacts, the position of Director for Energy Security 
        Pacts, and the Energy Security Pacts Council shall terminate 
        after the final Energy Security Pact expires.
    (f) Reports.--Not later than 180 days after the date of the 
enactment of this Act, the Under Secretary shall submit to the 
appropriate congressional committees a report that contains plans to 
attract and retain diplomatic, policy, legal, and technical expertise 
for civil service officers in the Office of Energy Security Pacts, 
including career promotion tracks to supervisory and non-supervisory 
GS-15 positions.

SEC. 5. APPROVAL, ELIGIBILITY, AND ELEMENTS OF ENERGY SECURITY PACTS.

    (a) Goal.--It shall be the goal of each Energy Security Pact to 
increase reliable access to energy or electricity, including that 
needed for production of critical minerals, for the United States and 
the partner country to the Energy Security Pact, for the purpose of 
stimulating economic growth, enabling follow-on private sector 
investment, supporting the commercial competitiveness of United States 
companies, or diversifying relevant supply chains.
    (b) Initial Requirements.--
            (1) Recommendation; analysis.--Before entering into an 
        Energy Security Pact--
                    (A) the Pact shall be recommended by the Director 
                for Energy Security Pacts and the Under Secretary and 
                approved by the Secretary; and
                    (B) the Director for Energy Security Pacts, in 
                collaboration with the Energy Security Pacts Council 
                and partner country, shall conduct a constraints 
                analysis that identifies insufficiencies in the energy 
                sector and supply-chain segments needed to strengthen 
                the partner country's energy security, consistent with 
                United States energy security risks and commercial 
                opportunities.
            (2) Congressional notification.--Not later than 30 days 
        before entering into an Energy Security Pact, the Director for 
        Energy Security Pacts shall--
                    (A) notify and consult with the appropriate 
                congressional committees regarding such Pact;
                    (B) transmit to the appropriate congressional 
                committees the text of such Pact; and
                    (C) provide to the appropriate congressional 
                committees an in-person briefing regarding such Pact.
    (c) Eligibility.--A country is eligible for participation in an 
Energy Security Pact if--
            (1)(A) the per capita income of the country is not greater 
        than the World Bank's loan threshold; or
            (B) at the beginning of the year in which negotiations are 
        initiated, the country is eligible for support from the World 
        Bank's International Bank for Reconstruction and Development or 
        International Development Association graduation process;
            (2) the country has been identified as strategically or 
        commercially important for the United States by the Secretary 
        or the President;
            (3) the Under Secretary determines that the country has the 
        capacity and commitment to implement the Energy Security Pact; 
        and
            (4) the country is not a foreign country of concern (as 
        defined in section 10612(a) of the Research and Development, 
        Competition, and Innovation Act (42 U.S.C. 19221(a))).
    (d) Energy Security Pact Elements.--
            (1) In general.--Each Energy Security Pact shall contain 
        the following:
                    (A) The constraints analysis conducted under 
                subsection (b)(1)(B).
                    (B) A demonstrated effort to integrate the national 
                economic development strategy of the partner country.
                    (C) Specific objectives that the partner country 
                and the United States expect to achieve during the term 
                of the Energy Security Pact, including--
                            (i) increased energy production, 
                        reliability, and affordability in the partner 
                        country;
                            (ii) economic growth in the partner country 
                        that may reduce the need for foreign 
                        assistance;
                            (iii) improved access to energy, in 
                        consultation with affected communities and 
                        civil society; and
                            (iv) improved infrastructure that enables 
                        access to critical minerals mining and 
                        processing.
                    (D) The responsibilities of the partner country and 
                the United States in the achievement of such 
                objectives.
                    (E) Regular quantitative benchmarks to measure, as 
                appropriate, progress toward achieving such objectives.
                    (F) An identification of the intended impact of the 
                activities carried out in accordance with the Energy 
                Security Pact.
                    (G) A multiyear financial plan, updated annually 
                until the expiration of the term of the Energy Security 
                Pact, that--
                            (i) estimates the amount of contributions, 
                        commitments, and other participation to be 
                        provided by council agencies, the partner 
                        country, multilateral development banks, and 
                        other development finance institutions as 
                        applicable;
                            (ii) ensures that the Pact incorporates and 
                        is complementary to development programs 
                        administered by other Federal departments and 
                        agencies, so that United States funds are used 
                        to improve feasibility for private sector 
                        investment to further development goals;
                            (iii) identifies proposed mechanisms to 
                        implement the plan and provide oversight of the 
                        plan; and
                            (iv) describes how the requirements 
                        described in this subsection will be met, 
                        including the role of the private sector in the 
                        achievement of such requirements.
                    (H) As appropriate, a description of the current 
                and potential participation of other donors, including 
                council agencies or countries that are allies and 
                partners of the United States, in the achievement of 
                the objectives described in subparagraph (C).
                    (I) A description of how oversight and transparency 
                of the foreign assistance provided through the Economic 
                Resilience Initiative will be maintained.
                    (J) As appropriate, a process or processes for 
                considering--
                            (i) solicited proposals under the Energy 
                        Security Pact; and
                            (ii) unsolicited proposals by national, 
                        regional, and local governments and private 
                        corporations.
                    (K) A requirement that open, fair, competitive, and 
                transparent procedures are used in the administration 
                of grants or cooperative agreements or the procurement 
                of goods and services for the accomplishment of 
                objectives under the Energy Security Pact.
                    (L) The strategy of the partner country to sustain 
                progress made toward achieving the objectives described 
                in subparagraph (C) after expiration of the Energy 
                Security Pact.
                    (M) A description of the role of council agencies 
                in any design, implementation, and monitoring of 
                programs and activities funded through the Energy 
                Security Pact.
                    (N) A description of any contribution, as 
                appropriate, from the partner country relative to its 
                national budget and taking into account the prevailing 
                economic conditions, toward meeting the objectives 
                described in subparagraph (C).
            (2) Prohibition on taxation.--In addition to the elements 
        described in paragraph (1), each Energy Security Pact shall 
        contain a provision stating that assistance provided by the 
        United States under the Energy Security Pact shall be exempt 
        from taxation by the government of the partner country.
            (3) Energy sources.--An Energy Security Pact shall not 
        exclude, as a matter of policy, any specific type of energy or 
        power generation.
    (e) Notification Regarding Increase or Extension of Assistance.--
Not later than 15 days after making a determination and before 
distributing funds to increase or extend assistance under an Energy 
Security Pact with a partner country, the Secretary, acting through the 
Director for Energy Security Pacts, shall submit to the appropriate 
congressional committees a written notification that contains the 
following:
            (1) A justification for the determination.
            (2) A detailed summary of the proposed increase in, or 
        extension of, assistance under the Energy Security Pact.
            (3) A copy of the full text of the amendment to the Energy 
        Security Pact.
    (f) Duration.--The duration of an Energy Security Pact may not 
exceed 10 years.
    (g) Subsequent and Concurrent Pacts.--A partner country that has 
entered into, and has in effect, an Energy Security Pact may enter 
into, and concurrently have in effect, additional Energy Security 
Pacts.
    (h) Rule of Construction.--Nothing in this section shall be 
construed to alter, supersede, or otherwise affect any authorities, 
restrictions, or eligibility requirements existing on the date of the 
enactment of this Act applicable to foreign assistance programs 
administered by any Federal department or agency, including 
determinations regarding the eligibility of countries for such 
assistance made pursuant to the Foreign Assistance Act of 1961 (22 
U.S.C. 2151 et seq.) or any other provision of law.

SEC. 6. ENERGY SECURITY PACTS COUNCIL.

    (a) Establishment.--Not later than 90 days after the date of the 
enactment of this Act, the President shall establish an Energy Security 
Pacts Council (in this section referred to as the ``Council'') to 
coordinate and implement Energy Security Pacts.
    (b) Chairperson.--The Council shall be chaired by the Secretary.
    (c) Composition.--The Council shall be composed of principal 
officers of executive departments from the following:
            (1) The United States International Development Finance 
        Corporation.
            (2) The Department of Energy.
            (3) The United States Trade and Development Agency.
            (4) The Export-Import Bank of the United States.
            (5) The Department of Commerce.
            (6) The United States Trade Representative.
            (7) The Department of Defense.
            (8) The Department of State.
            (9) The Department of the Treasury.
            (10) The Millennium Challenge Corporation.
            (11) The Department of the Interior.
            (12) Any other Federal department, agency, or organization 
        that the President determines to be appropriate.
    (d) Vacancies.--When there is a vacancy in the office of a 
principal officer of an executive department, the individual acting in 
the capacity of principal officer shall serve as a member of the 
Council until a new principal officer of the executive department is 
appointed.
    (e) Delegation.--The principal officer of an executive department 
may delegate a senior official (as described in section 1(d) of the 
State Department Basic Authorities Act of 1956 (22 U.S.C. 2651a(d)) or 
following other relevant agency guidance) to serve on the Council, as 
appropriate.
    (f) Meetings.--The Council shall meet not less frequently than 
quarterly.
    (g) Duties.--The Council shall--
            (1) coordinate Energy Security Pact-related activities of 
        the council agencies;
            (2) make annual recommendations to the Director for Energy 
        Security Pacts, taking into account the stated priorities of 
        the National Security Council and the President, regarding the 
        prioritization of countries eligible for Energy Security Pact 
        negotiation; and
            (3) make recommendations to improve interagency 
        collaboration for purposes of promoting energy security and 
        United States national security interests abroad.
    (h) Sunshine Act Compliance.--Meetings of the Council are subject 
to section 552b of title 5, United States Code (commonly referred to as 
the ``Government in the Sunshine Act'').

SEC. 7. EVALUATION BY GOVERNMENT ACCOUNTABILITY OFFICE.

    Not later than 2 years after the date of the enactment of this Act, 
and annually thereafter until the final Energy Security Pact expires, 
the Comptroller General of the United States shall submit to Congress 
an evaluation of the efficiency and development impact of projects 
supported by an Energy Security Pact.
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