[Congressional Record Volume 167, Number 90 (Monday, May 24, 2021)]
[Senate]
[Pages S3344-S3348]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1930. Mr. MANCHIN (for himself and Mr. Cramer) submitted an 
amendment intended to be proposed to amendment SA 1502 proposed by Mr. 
Schumer to the bill S. 1260, to establish a new Directorate for 
Technology and Innovation in the National Science Foundation, to 
establish a regional technology hub program, to require a strategy and 
report on economic security, science, research, innovation, 
manufacturing, and job creation, to establish a critical supply chain 
resiliency program, and for other purposes; which was ordered to lie on 
the table; as follows:

        At the end of division F, add the following:

                 TITLE IV--INTERNATIONAL NUCLEAR ENERGY

     SEC. 6401. DEFINITIONS.

       In this title:
       (1) Advanced nuclear reactor.--The term ``advanced nuclear 
     reactor'' has the meaning given the term in section 951(b) of 
     the Energy Policy Act of 2005 (42 U.S.C. 16271(b)).
       (2) Ally or partner nation.--The term ``ally or partner 
     nation'' means the Government of each of the following:
       (A) A country that is a member of the North Atlantic Treaty 
     Organization.
       (B) Japan.
       (C) The Republic of Korea.
       (D) Australia.
       (E) Switzerland.
       (F) Sweden.
       (G) Finland.
       (H) Any other country designated as an ally or partner 
     nation by the Secretary of State for purposes of this title.
       (3) Associated entity.--The term ``associated entity'' 
     means an entity that--
       (A) is owned, controlled, or dominated by--
       (i) an ally or partner nation; or
       (ii) an associated individual; or
       (B) is organized under the laws of, or otherwise subject to 
     the jurisdiction of, a country described in any of 
     subparagraphs (A) through (H) of paragraph (2), including a 
     corporation that is incorporated in a country described in 
     any of those subparagraphs.
       (4) Associated individual.--The term ``associated 
     individual'' means an alien who is a national of a country 
     described in any of subparagraphs (A) through (H) of 
     paragraph (2).
       (5) Newcomer nuclear nation.--The term ``newcomer nuclear 
     nation'' means a country that--
       (A) does not have a civil nuclear program;
       (B) is in the process of developing a civil nuclear 
     program, including safeguards and a legal and regulatory 
     framework, for--
       (i) nuclear safety;
       (ii) nuclear security;
       (iii) radioactive waste management; and
       (iv) nuclear energy; or
       (C) is in the process of selecting, developing, 
     constructing, or utilizing advanced nuclear reactors or 
     advanced nuclear technologies.
       (6) Secretary.--The term ``Secretary'' means the Secretary 
     of Energy.
       (7) Special assistant.--The term ``Special Assistant'' 
     means the Special Assistant to the President and Director for 
     Nuclear Energy Policy described in section 6402(a)(3)(A).
       (8) Team usa.--The term ``Team USA'' means the interagency 
     initiative to identify opportunities in emerging economies or 
     newcomer nuclear nations for topics such as--
       (A) nuclear plant construction;
       (B) nuclear fuel services;
       (C) nuclear energy financing;
       (D) nuclear plant operations;
       (E) nuclear plant regulation;
       (F) nuclear medicine;
       (G) infrastructure support for nuclear energy; and
       (H) nuclear plant decommissioning.
       (9) US nuclear energy company.--The term ``US nuclear 
     energy company'' means a nuclear energy company organized 
     under the laws of, or otherwise subject to the jurisdiction 
     of, the United States.

     SEC. 6402. CIVIL NUCLEAR COORDINATION AND STRATEGY.

       (a) Office of the Special Assistant to the President and 
     Director for Nuclear Energy Policy.--
       (1) Establishment.--There is established in the Executive 
     Office of the President an office, to be known as the 
     ``Office of the Special Assistant to the President and 
     Director for Nuclear Energy Policy'' (referred to in this 
     subsection as the ``Office'').
       (2) Mission.--The Office shall act as the single 
     coordinating office for--
       (A) civil nuclear cooperation; and
       (B) civil nuclear export strategy.
       (3) Leadership.--
       (A) Special assistant.--
       (i) In general.--The Office shall be headed by the Special 
     Assistant to the President and Director for Nuclear Energy 
     Policy, who shall be appointed by the President.
       (ii) Reporting.--The Special Assistant shall report 
     directly to the President.
       (iii) Duties.--The Special Assistant shall--

       (I) coordinate civil nuclear exports from the United 
     States;
       (II) develop a cohesive Federal strategy for engagement 
     with foreign governments (including ally or partner nations 
     and newcomer nuclear nations), associated entities, 
     associated individuals, and international lending 
     institutions with respect to civil nuclear exports; and
       (III) develop--

       (aa) a whole-of-government coordinating strategy for civil 
     nuclear cooperation;
       (bb) a whole-of-government strategy for civil nuclear 
     exports; and
       (cc) a whole-of-government approach to support foreign 
     investment in domestic construction projects.
       (B) Deputy special assistant.--The Special Assistant shall 
     appoint a Deputy Special Assistant with experience in 
     advising on civil nuclear project development and financing.
       (4) Staff.--
       (A) Senior advisors.--
       (i) In general.--The Special Assistant shall select a staff 
     of not fewer than 4, and not more than 6, Senior Advisors to 
     assist in the mission of the Office.
       (ii) Requirement.--The Senior Advisors selected under 
     clause (i) shall be composed of individuals with diverse 
     industry and government backgrounds, including individuals 
     with backgrounds in--

       (I) project financing;
       (II) construction development;
       (III) contract structuring and risk allocation;
       (IV) regulatory and licensing processes;
       (V) civil nuclear electric and nonelectric applications of 
     nuclear technologies; and
       (VI) government-to-government negotiations.

       (B) Other staff.--The Special Assistant may hire such other 
     additional personnel as may be necessary to carry out the 
     mission of the Office.
       (b) Nuclear Exports Working Group.--
       (1) Establishment.--There is established a working group, 
     to be known as the ``Nuclear Exports Working Group'' 
     (referred to in this subsection as the ``working group'').

[[Page S3345]]

       (2) Composition.--The working group shall be composed of--
       (A) senior-level Federal officials, selected internally by 
     the applicable Federal agency or organization, from--
       (i) the Department of State;
       (ii) the Department of Commerce;
       (iii) the Department of Energy;
       (iv) the Department of the Treasury;
       (v) the Export-Import Bank of the United States;
       (vi) the United States International Development Finance 
     Corporation; and
       (vii) the Nuclear Regulatory Commission;
       (B) other senior-level Federal officials, selected 
     internally by the applicable Federal agency or organization, 
     from any other Federal agency or organization that the 
     Secretary determines to be appropriate; and
       (C) any senior-level Federal official selected by the 
     Special Assistant from any Federal agency or organization.
       (3) Reporting.--The working group shall report to the 
     Special Assistant.
       (4) Duties.--The working group shall--
       (A) provide direction and advice to the Special Assistant; 
     and
       (B) submit to the Civil Nuclear Trade Advisory Committee 
     and the Nuclear Energy Advisory Committee of the Department 
     of Energy quarterly reports on the standing of civil nuclear 
     exports from the United States, including with respect to 
     meeting the targets established as part of the 5-year civil 
     nuclear trade strategy described in paragraph (5)(A).
       (5) Strategy.--
       (A) In general.--Not later than 1 year after the date of 
     enactment of this Act, the working group shall establish a 5-
     year civil nuclear trade strategy, including targets for the 
     export of civil nuclear technologies and materials that align 
     with meeting international energy demand while seeking to 
     avoid or reduce emissions.
       (B) Collaboration required.--In establishing the strategy 
     under subparagraph (A), the working group shall collaborate 
     with--
       (i) the Secretary;
       (ii) the Secretary of Commerce;
       (iii) the Secretary of State;
       (iv) the Secretary of the Treasury;
       (v) the Nuclear Regulatory Commission;
       (vi) the President of the Export-Import Bank of the United 
     States;
       (vii) representatives of the Infrastructure Development and 
     Finance Corporation;
       (viii) representatives of private industry; and
       (ix) representatives of ally or partner nations and 
     newcomer nuclear nations.

     SEC. 6403. ENGAGEMENT WITH ALLY OR PARTNER NATIONS.

       (a) In General.--The Nuclear Regulatory Commission, in 
     coordination with the Secretary of State, Team USA, and the 
     Special Assistant, shall launch an international initiative 
     to modernize the civil nuclear outreach carried out by the 
     United States for the purpose of establishing cooperative 
     financing relationships for the export of civil nuclear 
     technology to countries in the coalition described in 
     subsection (b).
       (b) Coalition Described.--The coalition referred to in 
     subsection (a) is a coalition of countries that--
       (1) is developed for purposes of carrying out the 
     initiative described in subsection (a); and
       (2) includes each ally or partner nation that is willing to 
     participate in the coalition.
       (c) Activities.--In carrying out the initiative described 
     in subsection (a), the Nuclear Regulatory Commission shall--
       (1) provide funding to the International Atomic Energy 
     Agency to provide education and training to foreign 
     governments in nuclear safety, security, and safeguards;
       (2) assist the efforts of the International Atomic Energy 
     Agency to expand the support provided by the International 
     Atomic Energy Agency to newcomer nuclear nations for nuclear 
     safety, security, and safeguards;
       (3) expand outreach by the Special Assistant to the private 
     investment community to create public-private financing 
     relationships to assist in the export of civil nuclear 
     technology to countries in the coalition described in 
     subsection (b);
       (4) seek to harmonize, to the maximum extent practicable, 
     the work carried out by the Nuclear Regulatory Commission, 
     the work carried out by the International Atomic Energy 
     Agency, and the work carried out by the nuclear regulatory 
     agencies and organizations of newcomer nuclear nations and 
     ally or partner nations; and
       (5) support the establishment of new regulatory measures 
     and a new regulatory framework for the expeditious exporting 
     and importing of civil nuclear technologies and materials.

     SEC. 6404. COOPERATIVE FINANCING RELATIONSHIPS WITH ALLY OR 
                   PARTNER NATIONS.

       The Secretary of State and the Secretary of Commerce, in 
     coordination with the Special Assistant, shall develop 
     cooperative financing relationships with ally or partner 
     nations or newcomer nuclear nations to advance civil nuclear 
     exports.

     SEC. 6405. EXPORT CONTROLS.

       (a) Fast-track Procedures.--
       (1) In general.--Not later than 120 days after the date of 
     enactment of this Act, the Secretary shall promulgate a 
     regulation revising part 810 of title 10, Code of Federal 
     Regulations, to establish fast-track procedures, which may be 
     similar to existing fast-track procedures in existing Federal 
     export-control regulations--
       (A) for deemed exports to--
       (i) a list of countries defined by the Secretary; or
       (ii) destinations based on country criteria defined by the 
     Secretary;
       (B) for widely deployed technologies available from 
     multiple suppliers, such as light water reactor technology; 
     or
       (C) to provide subsequent specific authorizations for a 
     subset of the activities described in section 810.2 of that 
     title with respect to a country after the first specific 
     authorization with respect to that country is approved by the 
     Secretary.
       (2) Subsequent authorizations.--Fast-track procedures to 
     provide subsequent specific authorizations as described in 
     paragraph (1)(C) may be for--
       (A) types of activities that are commensurate with the 
     types of activities covered by the applicable first specific 
     authorization described in that paragraph; or
       (B) a broader set of activities than the activities covered 
     by the applicable first specific authorization.
       (b) Report.--
       (1) In general.--Not later than 120 days after the date of 
     enactment of this Act, the Secretary shall submit to Congress 
     a report on--
       (A) the processing times for applications for specific 
     authorization submitted to the Secretary for activities 
     described in section 810.7 of title 10, Code of Federal 
     Regulations, for the 2-year period ending on that date of 
     enactment; and
       (B) the average time taken for each step in the processing 
     of those applications.
       (2) Requirements.--
       (A) Authorization categories.--The report under paragraph 
     (1) shall contain a breakdown of the information described in 
     that paragraph by the following categories of specific 
     authorizations:
       (i) Deemed exports.
       (ii) Enrichment and reprocessing transfers (also referred 
     to as ``ENR'').
       (iii) All other exports.
       (B) Dates.--The report under paragraph (1) shall include, 
     with respect to each application covered by the report, the 
     amount of time taken for each step in the processing of the 
     application.
       (C) Analysis of other countries.--The report under 
     paragraph (1) shall provide an analysis of the application-
     processing times of other countries with respect to the same 
     or similar categories of authorizations described in 
     subparagraph (A), including the processing times of--
       (i) the Governments of--

       (I) Russia;
       (II) China; and
       (III) India; and

       (ii) each ally or partner nation.
       (D) Processing.--The report under subparagraph (A) shall 
     provide details with respect to how the Department of Energy 
     is handling the processing of applications for a specific 
     authorization submitted to the Secretary under section 810.9 
     of title 10, Code of Federal Regulations (or successor 
     regulations), in light of the August 13, 2018, amendment to 
     section 161 n. of the Atomic Energy Act of 1954 (42 U.S.C. 
     2201(n)) made by section 3116(a) of the John S. McCain 
     National Defense Authorization Act for Fiscal Year 2019 
     (Public Law 115-232; 132 Stat. 2291), including whether any 
     changes in the delegation of functions by the Secretary have 
     been formalized within the Department of Energy.

     SEC. 6406. COOPERATION WITH ALLY OR PARTNER NATIONS ON 
                   ADVANCED NUCLEAR REACTOR DEMONSTRATION AND THE 
                   VERSATILE TEST REACTOR.

       (a) In General.--Not later than 1 year after the date of 
     enactment of this Act, the Secretary, in coordination with 
     the Secretary of State, the Secretary of Commerce, and the 
     Special Assistant, shall conduct bilateral and multilateral 
     meetings with not fewer than 5 ally or partner nations, with 
     the aim of enhancing nuclear energy cooperation among those 
     ally or partner nations and the United States, for the 
     purpose of developing collaborative relationships with 
     respect to research, development, and deployment of advanced 
     nuclear reactor technologies.
       (b) Requirement.--The meetings described in subsection (a) 
     shall include--
       (1) a focus on cooperation to demonstrate and deploy 
     advanced nuclear reactors during the 10-year period beginning 
     on the date of enactment of this Act to provide options for 
     addressing climate change by 2050; and
       (2) a focus on developing a memorandum of understanding or 
     any other appropriate agreement between the United States and 
     ally or partner nations with respect to--
       (A) the demonstration and deployment of advanced nuclear 
     reactors; and
       (B) the Versatile Test Reactor.
       (c) Financing Arrangements.--In conducting the meetings 
     described in subsection (a), the Secretary, in coordination 
     with the Secretary of State, the Secretary of Commerce, and 
     the Special Assistant, shall seek to develop financing 
     arrangements to share the costs of the demonstration and 
     deployment of advanced nuclear reactors and the Versatile 
     Test Reactor with the ally or partner nations participating 
     in those meetings.
       (d) Report.--Not later than 180 days after the date of 
     enactment of this Act, the Secretary, the Secretary of State, 
     and the Secretary of Commerce shall jointly submit to 
     Congress a report highlighting potential partners--
       (1) for the establishment of cost-share arrangements 
     described in subsection (c); or

[[Page S3346]]

       (2) with which the United States may enter into agreements 
     with respect to--
       (A) the demonstration of advanced nuclear reactors; or
       (B) the Versatile Test Reactor.

     SEC. 6407. INTERNATIONAL NUCLEAR ENERGY COOPERATION.

       Section 959B of the Energy Policy Act of 2005 (42 U.S.C. 
     16279b) is amended--
       (1) in the matter preceding paragraph (1), by striking 
     ``The Secretary'' and inserting the following:
       ``(a) In General.--The Secretary'';
       (2) in subsection (a) (as so designated)--
       (A) in paragraph (1)--
       (i) by striking ``financing,''; and
       (ii) by striking ``and'' after the semicolon at the end;
       (B) in paragraph (2)--
       (i) in subparagraph (A), by striking ``preparations for''; 
     and
       (ii) in subparagraph (C)(v), by striking the period at the 
     end and inserting ``; and''; and
       (C) by adding at the end the following:
       ``(3) to support, in consultation with the Secretary of 
     State, the safe, secure, and peaceful use of nuclear 
     technology in countries developing nuclear energy programs, 
     with a focus on countries that have increased civil nuclear 
     cooperation with Russia or China.''; and
       (3) by adding at the end the following:
       ``(b) Requirements.--The program under subsection (a) 
     shall--
       ``(1) with respect to the function described in subsection 
     (a)(3), be modeled after the International Military Education 
     and Training program of the Department of State; and
       ``(2) be carried out--
       ``(A) to facilitate, to the maximum extent practicable, 
     workshops and expert-based exchanges to engage industry, 
     stakeholders, and foreign governments with respect to 
     international civil nuclear issues, such as--
       ``(i) training;
       ``(ii) financing;
       ``(iii) safety;
       ``(iv) security;
       ``(v) safeguards;
       ``(vi) operations; and
       ``(vii) options for multinational cooperation with respect 
     to the disposal of spent nuclear fuel (as defined in section 
     2 of the Nuclear Waste Policy Act of 1982 (42 U.S.C. 10101)); 
     and
       ``(B) in coordination with--
       ``(i) the National Security Council;
       ``(ii) the Secretary of State;
       ``(iii) the Secretary of Commerce; and
       ``(iv) the Nuclear Regulatory Commission.
       ``(c) Authorization of Appropriations.--There is authorized 
     to be appropriated to the Secretary to carry out subsection 
     (a)(3) $15,500,000 for each of fiscal years 2022 through 
     2026.''.

     SEC. 6408. INTERNATIONAL CIVIL NUCLEAR PROGRAM SUPPORT.

       (a) In General.--Not later than 120 days after the date of 
     enactment of this Act, the Special Assistant shall launch an 
     international initiative (referred to in this section as the 
     ``initiative'') to provide grants, in accordance with this 
     section--
       (1) to newcomer nuclear nations for activities relating to 
     the development of civil nuclear programs; and
       (2) to countries that are not newcomer nuclear nations for 
     the construction of nuclear reactors and advanced nuclear 
     reactors.
       (b) Grants.--
       (1) In general.--In carrying out the initiative, the 
     Special Assistant may award not more than 1 grant to each 
     country, including each newcomer nuclear nation, each fiscal 
     year.
       (2) Amount.--The amount of a grant awarded under the 
     initiative shall be not more than $1,000,000.
       (3) Limitations.--
       (A) In general.--The Special Assistant may award not more 
     than 5 grants under the initiative to a single country, 
     including each newcomer nuclear nation.
       (B) Purpose of certain grants.--The Special Assistant may 
     award a grant under the initiative to a country that is not a 
     newcomer nuclear nation if the grant is made for the purpose 
     of constructing a nuclear reactor or an advanced nuclear 
     reactor in that country.
       (c) Senior Advisors.--
       (1) In general.--In carrying out the initiative, the 
     Special Assistant shall provide a grant to a newcomer nuclear 
     nation only if the newcomer nuclear nation is interested in 
     partnering with, and agrees to partner with, a US nuclear 
     energy company to hire 1 or more qualified senior advisors to 
     assist the newcomer nuclear nation in establishing a civil 
     nuclear program.
       (2) Requirement.--A senior advisor described in paragraph 
     (1) shall seek to advise the newcomer nuclear nation on, and 
     facilitate on behalf of the newcomer nuclear nation, 1 or 
     more of the following:
       (A) The development of financing relationships.
       (B) The development of a standardized financing and project 
     management framework for the construction of nuclear power 
     plants.
       (C) The development of a standardized licensing framework 
     for light water and non-light water civil nuclear 
     technologies.
       (D) The identification of qualified organizations and 
     service providers.
       (E) The identification of funds to support payment for 
     services required to develop a civil nuclear program.
       (F) Market analysis.
       (G) The identification of the safety, security, safeguards, 
     and nuclear governance required for a civil nuclear program.
       (H) Risk allocation and risk management.
       (I) Technical assessments of nuclear reactors and 
     technologies.
       (J) Any other major activities to support the establishment 
     of a civil nuclear program, such as the establishment of 
     export, financing, construction, training, operations, and 
     education requirements.
       (d) Authorization of Appropriations.--There is authorized 
     to be appropriated to the Secretary to carry out the 
     initiative $20,000,000 for each of fiscal years 2022 through 
     2026.

     SEC. 6409. BIENNIAL NUCLEAR SAFETY, SECURITY, AND SAFEGUARDS 
                   SUMMIT.

       (a) In General.--The Secretary, the Secretary of State, the 
     Secretary of Defense, the Secretary of Commerce, the Nuclear 
     Regulatory Commission, and the Special Assistant shall hold a 
     biennial nuclear safety, security, and safeguards summit 
     (referred to in this section as a ``summit'').
       (b) Location.--Each summit shall be held in--
       (1) Washington, DC; or
       (2) a country described in any of subparagraphs (A) through 
     (H) of section 6401(2).
       (c) Requirement.--Each summit shall--
       (1) be a forum in which leaders of ally or partner nations 
     may engage with each other for the purpose of reinforcing the 
     commitment to nuclear safety, security, and safeguards; and
       (2) facilitate the development of--
       (A) joint commitments and goals to improve nuclear material 
     safety, security, and safeguards; and
       (B) stronger international institutions that support 
     nuclear safety, security, and safeguards.
       (d) Input From Industry.--Each summit shall include a 
     meeting that convenes nuclear industry leaders to discuss 
     best practices relating to--
       (1) the safe and secure use, storage, and transport of 
     nuclear and radiological materials;
       (2) managing the evolving cyber threat to nuclear and 
     radiological security; and
       (3) the role that the nuclear industry should play in 
     nuclear and radiological safety, security, and safeguards, 
     including with respect to the safe and secure use, storage, 
     and transport of nuclear and radiological materials.
       (e) Report.--
       (1) In general.--Not later than 120 days after the date of 
     enactment of this Act, and 120 days after the end of each 
     summit, the Secretary, the Secretary of State, the Secretary 
     of Defense, the Secretary of Commerce, the Nuclear Regulatory 
     Commission, and the Special Assistant shall jointly submit to 
     Congress a report highlighting--
       (A) any commitments made by the United States or 
     international partners of the United States, including an 
     ally or partner nation, with respect to nuclear safety, 
     security, or safeguards; and
       (B) the objectives that the parties to those commitments 
     agreed to meet.
       (2) Requirement.--The report under paragraph (1) shall 
     detail--
       (A) any current and continuing nuclear security threat;
       (B) any progress made toward advancing nuclear security-
     related treaties;
       (C) any steps taken or needed to be taken--
       (i) to fulfill any obligations of the United States under 
     existing nuclear security treaties;
       (ii) to manage cyber threats; or
       (iii) to prevent illicit trafficking of nuclear materials 
     and technology;
       (D) the role of the nuclear industry in preventing nuclear 
     proliferation; and
       (E) any other topics discussed during the summit that 
     relate to nuclear safety, security, and safeguards.

     SEC. 6410. BIENNIAL CIVIL NUCLEAR VENDOR SUMMIT.

       (a) In General.--The Secretary, the Secretary of State, the 
     Secretary of Commerce, the President of the Export-Import 
     Bank of the United States, the Chief Executive Officer of the 
     United States International Development Finance Corporation, 
     and the Special Assistant shall hold a biennial civil nuclear 
     vendor summit.
       (b) Location.--A civil nuclear vendor summit under 
     subsection (a) shall be held in--
       (1) Washington, DC; or
       (2) a country described in any of subparagraphs (A) through 
     (H) of section 6401(2).
       (c) Requirement.--A civil nuclear vendor summit under 
     subsection (a) shall--
       (1) be a forum in which leaders of ally or partner nations 
     may engage with each other for the purpose of promoting the 
     peaceful, responsible, and safe use of civil nuclear 
     technologies; and
       (2) facilitate--
       (A) the development of--
       (i) cooperative financing relationships to promote 
     competitive alternatives to Chinese and Russian financing;
       (ii) a standardized financing and project management 
     framework for the construction of nuclear power plants;
       (iii) a standardized licensing framework for civil nuclear 
     technologies;
       (iv) a strategy to change internal policies of 
     multinational development banks, such as the World Bank, to 
     support the financing of civil nuclear projects; and
       (v) a document containing any lessons learned from 
     countries that have partnered with Russia or China with 
     respect to nuclear power, including any detrimental outcomes 
     resulting from that partnership;
       (B) cooperation for enhancing the overall aspects of civil 
     nuclear power, such as--

[[Page S3347]]

       (i) nuclear safety and security;
       (ii) nuclear regulations;
       (iii) waste management;
       (iv) quality management systems;
       (v) technology transfer;
       (vi) human resources development;
       (vii) localization;
       (viii) reactor operations; and
       (ix) decommissioning;
       (C) the establishment of a ``Small Modular and Advanced 
     Reactor Coordination and Resource Center'' (referred to in 
     this paragraph as the ``Center'') for the purposes of--
       (i) identifying qualified organizations and service 
     providers--

       (I) for newcomer nuclear nations;
       (II) to develop and assemble documents, contracts, and 
     related items required to establish a civil nuclear program; 
     and
       (III) to develop a standardized model for the establishment 
     of a civil nuclear program that can be used internationally;

       (ii) coordinating with countries participating in the 
     Center--

       (I) to identify funds to support payment for services 
     required to develop a civil nuclear program;
       (II) to provide market analysis; and
       (III) to create--

       (aa) project structure models;
       (bb) models for electricity market analysis;
       (cc) models for nonelectric applications market analysis; 
     and
       (dd) financial models;
       (iii) identifying and developing the safety, security, 
     safeguards, and nuclear governance required for a civil 
     nuclear program;
       (iv) supporting multinational regulatory standards to be 
     developed by countries with civil nuclear programs and 
     experience;
       (v) developing and strengthening communications, 
     engagement, and consensus-building;
       (vi) carrying out any other major activities to support 
     export, financing, education, construction, training, and 
     education requirements relating to the establishment of a 
     civil nuclear program;
       (vii) developing mechanisms for how to fund and staff the 
     Center; and
       (viii) determining mechanisms for the selection of the 
     location or locations of the Center; and
       (D) the development and determination of the mechanisms 
     described in clauses (vii) and (viii) of subparagraph (C) by 
     the Center.
       (d) Report.--
       (1) In general.--Not later than 120 days after the date of 
     enactment of this Act, and 120 days after the end of each 
     civil nuclear vendor summit under subsection (a), the 
     Secretary, the Secretary of State, the Secretary of Commerce, 
     and the Special Assistant shall jointly submit to Congress a 
     report highlighting--
       (A) any commitments made by the United States or 
     international partners of the United States, including an 
     ally or partner nation, with respect to international civil 
     nuclear export practices; and
       (B) the objectives that the parties to those commitments 
     agreed to meet.
       (2) Requirement.--The report under paragraph (1) shall 
     detail--
       (A) any steps taken to establish common financing 
     relationships;
       (B) any progress made toward establishing a standardized 
     financing, project management, and licensing framework;
       (C) any changes to the internal policies of multinational 
     development banks, such as the World Bank, to support civil 
     nuclear projects;
       (D) any steps taken or needed to be taken--
       (i) to rectify any obstacles that were identified after the 
     applicable civil nuclear vendor summit but were unforeseen at 
     the time of, and not discussed at, that summit;
       (ii) to enable early-stage day-to-day support of newcomer 
     nuclear nations;
       (iii) to address any gaps in the whole-of-government 
     approach to international civil nuclear cooperation, exports, 
     and investment developed by the Special Assistant; or
       (iv) to improve the role of the Special Assistant in 
     international outreach; and
       (E) the role of the nuclear industry in establishing 
     cooperative relationships.

     SEC. 6411. STRATEGIC INFRASTRUCTURE FUND WORKING GROUP.

       (a) Establishment.--There is established a working group, 
     to be known as the ``Strategic Infrastructure Fund Working 
     Group'' (referred to in this section as the ``working 
     group'').
       (b) Composition.--The working group shall be--
       (1) led by the Special Assistant; and
       (2) composed of--
       (A) senior-level Federal officials, selected by the head of 
     the applicable Federal agency or organization, from--
       (i) the Department of State;
       (ii) the Department of the Treasury;
       (iii) the Department of Commerce;
       (iv) the Department of Energy;
       (v) the Export-Import Bank of the United States;
       (vi) the United States International Development Finance 
     Corporation; and
       (vii) the Nuclear Regulatory Commission;
       (B) other senior-level Federal officials, selected by the 
     head of the applicable Federal agency or organization, from 
     any other Federal agency or organization that the Secretary 
     determines to be appropriate; and
       (C) any senior-level Federal official selected by the 
     Special Assistant from any Federal agency or organization.
       (c) Reporting.--The working group shall report to the 
     National Security Council.
       (d) Duties.--The working group shall--
       (1) provide direction and advice to the Special Assistant 
     with respect to the establishment of a Strategic 
     Infrastructure Fund (referred to in this subsection as the 
     ``Fund'') to be used--
       (A) to support those aspects of projects relating to--
       (i) civil nuclear technologies;
       (ii) rare earth elements and critical minerals (as defined 
     in section 7002(a) of the Energy Act of 2020 (30 U.S.C. 
     1606(a))); and
       (iii) microprocessors; and
       (B) for strategic investments identified by the working 
     group; and
       (2) address critical areas in determining the appropriate 
     design for the Fund, including--
       (A) transfer of assets to the Fund;
       (B) transfer of assets from the Fund;
       (C) how assets in the Fund should be invested; and
       (D) governance and implementation of the Fund.
       (e) Report Required.--
       (1) In general.--Not later than 1 year after the date of 
     the enactment of this Act, the working group shall submit to 
     the committees described in paragraph (2) a report on the 
     findings of the working group that includes suggested 
     legislative text for how to establish and structure a 
     Strategic Infrastructure Fund.
       (2) Committees described.--The committees referred to in 
     paragraph (1) are--
       (A) the Committee on Foreign Relations, the Committee on 
     Commerce, Science, and Transportation, the Committee on Armed 
     Services, the Committee on Energy and Natural Resources, the 
     Committee on Environment and Public Works, and the Committee 
     on Finance of the Senate; and
       (B) the Committee on Foreign Affairs, the Committee on 
     Energy and Commerce, the Committee on Armed Services, the 
     Committee on Science, Space, and Technology, and the 
     Committee on Ways and Means of the House of Representatives.

     SEC. 6412. INVESTMENT BY ALLIES AND PARTNERS OF THE UNITED 
                   STATES.

       (a) Commercial Licenses.--Section 103 d. of the Atomic 
     Energy Act of 1954 (42 U.S.C. 2133(d)) is amended, in the 
     second sentence--
       (1) by inserting ``for a production facility'' after ``No 
     license''; and
       (2) by striking ``any any'' and inserting ``any''.
       (b) Medical Therapy and Research Development Licenses.--
     Section 104 d. of the Atomic Energy Act of 1954 (42 U.S.C. 
     2134(d)) is amended, in the second sentence, by inserting 
     ``for a production facility'' after ``No license''.

     SEC. 6413. MODIFICATION OF POWERS AND FUNCTIONS OF THE 
                   EXPORT-IMPORT BANK OF THE UNITED STATES.

       (a) Modification of Prohibition on Financing.--Section 
     2(b)(5) of the Export-Import Bank Act of 1945 (12 U.S.C. 
     635(b)(5)) is amended, in the first sentence, by striking 
     ``any liquid metal fast breeder nuclear reactor or''.
       (b) Expansion of Program on Transformational Exports.--
       (1) In general.--Section 2(l) of the Export-Import Bank Act 
     of 1945 (12 U.S.C. 635(l)) is amended--
       (A) in the subsection heading, by striking ``China and'';
       (B) in paragraph (1)--
       (i) in the matter preceding subparagraph (A)--

       (I) by striking ``China and''; and
       (II) by striking ``by the People's Republic of China or'';

       (ii) in subparagraph (A), by striking ``by the People's 
     Republic of China or''; and
       (iii) in subparagraph (B)--

       (I) in the matter preceding clause (i), by striking ``the 
     People's Republic of China'' and inserting ``covered 
     countries'';
       (II) in clause (vi), by striking ``Renewable'' and 
     inserting ``Clean'';
       (III) by redesignating clauses (viii) through (xi) as 
     clauses (ix) through (xii), respectively; and
       (IV) by inserting after clause (vii) the following:

       ``(viii) Civil nuclear material and technologies.'';
       (C) by striking paragraph (2);
       (D) by redesignating paragraph (3) as paragraph (2);
       (E) in paragraph (2), as so redesignated--
       (i) in subparagraph (A)--

       (I) by striking ``20 percent'' and inserting ``30 
     percent''; and
       (II) by striking ``China and'';

       (ii) in subparagraph (B), in the matter preceding clause 
     (i)--

       (I) by striking ``20 percent'' and inserting ``30 
     percent''; and
       (II) by striking ``the People's Republic of China is'' and 
     inserting ``the People's Republic of China and the Russian 
     Federation are'';

       (iii) in subparagraph (C)--

       (I) in the subparagraph heading, by striking ``Sunset 
     and'';
       (II) by striking the first sentence; and
       (III) by striking ``4 years after enactment of this 
     subsection'' and inserting ``December 20, 2023'';

       (iv) in subparagraph (D), by striking ``China and''; and
       (v) by adding at the end the following:
       ``(E) Content policy.--Under the Program on 
     Transformational Exports, the Bank may provide loans, 
     guarantees, or insurance for

[[Page S3348]]

     up to 100 percent of the value of a transaction if--
       ``(i) not less than 50 percent of the content of the goods 
     and services exported pursuant to the transaction are of 
     United States origin; and
       ``(ii) of the goods and services exported pursuant to the 
     transaction that are not of United States origin, not less 
     than 25 percent of the content of such goods and services 
     originates from other members countries of the Organization 
     for Economic Co-operation and Development.
       ``(F) Local cost policy.--If the Bank provides a loan, 
     guarantee, or insurance for the export to a country of United 
     States-origin goods or services under the Program on 
     Transformational Exports, the Bank may also support the 
     extension of loans, guarantees, or insurance for the purchase 
     of goods or services that originate in that country in amount 
     that does not exceed 50 percent of the value of the United 
     States-origin goods and services exported.
       ``(G) Shipping requirements of foreign-origin components.--
     Foreign-origin components included in a transaction for which 
     the Bank provides a loan, guarantee, or insurance under the 
     Program on Transformational Exports are not required--
       ``(i) to be shipped from the United States; or
       ``(ii) to be shipped on United States-flagged merchant 
     marine vessels.''; and
       (F) by adding at the end the following:
       ``(3) Sunset.--The Program on Transformational Exports 
     shall expire on December 31, 2026.
       ``(4) Definitions.--In this subsection:
       ``(A) Arrangement.--The term `Arrangement' means the 
     Arrangement on Officially Supported Export Credits of the 
     Organization for Economic Co-operation and Development.
       ``(B) Clean energy, energy efficiency, and energy 
     storage.--The term `clean energy, energy efficiency, and 
     energy storage' includes the following:
       ``(i) Renewable energy systems.
       ``(ii) Hydrogen fuel cell technology for residential, 
     industrial, or transportation applications.
       ``(iii) Zero-emission aircraft.
       ``(iv) Advanced nuclear energy facilities.
       ``(v) Carbon capture, utilization, and sequestration 
     practices and technologies.
       ``(vi) Efficient electrical generation, transmission, and 
     distribution technologies.
       ``(vii) Pollution control equipment.
       ``(viii) Energy storage technologies for residential, 
     industrial, and transportation applications.
       ``(ix) Technologies and systems for reducing more potent 
     greenhouse gas pollutants, including methane leakage from 
     natural gas transmission and distribution infrastructure.
       ``(x) Manufacturing and deployment of nuclear supply 
     components for advanced nuclear reactors.
       ``(xi) System-level energy management solutions.
       ``(xii) Applications of platform technologies, including 
     data analytics, artificial intelligence, and other software 
     to improve the energy efficiency and effectiveness of energy 
     infrastructure, including electric grid operations.
       ``(xiii) Energy-water use efficiency in water resources 
     infrastructure and water-using technologies.
       ``(xiv) Carbon-capture ready combined cycle natural gas or 
     carbon-capture ready supercritical or ultra-supercritical 
     coal plants if deemed to be replacing non-supercritical coal 
     plants supplied by a covered country and in accordance with 
     the Arrangement.
       ``(xv) Battery electric vehicles.
       ``(xvi) Electric vehicle charging infrastructure.
       ``(xvii) Innovative technologies for improving the 
     resilience or reliability of existing energy infrastructure, 
     including innovative approaches to improve the cybersecurity 
     of energy technologies.
       ``(xviii) Innovative technologies for reducing greenhouse 
     emissions from industrial processes, including cement and 
     ammonia production.
       ``(xix) Any other projects that support innovative energy 
     technologies or provide an input or application for such 
     technologies.
       ``(C) Covered country.--The term `covered country' means--
       ``(i) the People's Republic of China;
       ``(ii) the Russian Federation; or
       ``(iii) any country that--

       ``(I) the Secretary of the Treasury designates as a covered 
     country in a report to the Committee on Financial Services of 
     the House of Representatives and the Committee on Banking, 
     Housing, and Urban Development of the Senate;
       ``(II) is not a participant in the Arrangement; and
       ``(III) is not in substantial compliance with the financial 
     terms and conditions of the Arrangement.''.

       (2) Conforming amendment.--Section 8(l) of the Export-
     Import Bank Act of 1945 (12 U.S.C. 635g(l)) is amended--
       (A) in the subsection heading, by striking ``Under the'' 
     and all that follows through ``Exports'' and inserting 
     ``Under the Program on Transformational Exports''; and
       (B) in the text, by striking ``China and''.
       (c) Promotion of Clean Energy, Energy Efficiency, and 
     Energy Storage.--Section 2(b)(1)(K) of the Export-Import Bank 
     Act of 1945 (12 U.S.C. 635(b)(1)(K)) is amended to read as 
     follows:
       ``(K) The Bank shall promote the export of goods and 
     services related to clean energy, energy efficiency, and 
     energy storage (as defined in subsection (l)(4)). It shall be 
     a goal of the Bank--
       ``(i) to ensure that not less than 30 percent of the 
     applicable amount (as defined in section 6(a)(2)) is made 
     available each fiscal year for the financing of exports of 
     such goods and services; and
       ``(ii) to ensure that not less than 10 percent of the 
     applicable amount is made available each fiscal year for the 
     financing of exports of goods and services relating to 
     renewable energy sources.''.
       (d) Office of Financing for Clean Energy, Energy 
     Efficiency, and Energy Storage.--Section 2(b)(1)(C) of the 
     Export-Import Bank Act of 1945 (12 U.S.C. 635(b)(1)(C)) is 
     amended to read as follows:
       ``(C) Office of Financing for Clean Energy, Energy 
     Efficiency, and Energy Storage.--The Board of Directors shall 
     establish an office to promote the export of goods and 
     services related to clean energy, energy efficiency, and 
     energy storage (as defined in subsection (l)(4)). The office 
     shall disseminate information with respect to opportunities 
     to export such goods and services and the availability of 
     financing from the Bank for such exports.''.
       (e) Reporting on Financing Related to People's Republic of 
     China and Russian Federation.--Section 408 of title IV of 
     division I of the Further Consolidated Appropriations Act, 
     2020 (Public Law 116-94; 12 U.S.C. 635 note) is amended--
       (1) in the section heading, by striking ``china'' and 
     inserting ``the people's republic of china and the russian 
     federation'';
       (2) in subsection (a), in the matter preceding paragraph 
     (1), by striking ``the government of China'' and inserting 
     ``the Government of the People's Republic of China or the 
     Government of the Russian Federation'';
       (3) in subsection (c)(1)(C), by striking ``the government 
     of China'' and inserting ``the Government of the People's 
     Republic of China or the Government of the Russian 
     Federation'';
       (4) by striking subsection (d) and inserting the following:
       ``(d) Definitions.--In this section:
       ``(1) Government of the people's republic of china.--The 
     term `Government of the People's Republic of China' means any 
     person that the Bank has reason to believe is--
       ``(A) the state and the Government of the People's Republic 
     of China, as well as any political subdivision, agency, or 
     instrumentality thereof;
       ``(B) any entity controlled, directly or indirectly, by any 
     of the foregoing, including any partnership, association, or 
     other entity in which any of the foregoing owns a 50 percent 
     or greater interest or a controlling interest, and any entity 
     which is otherwise controlled by any of the foregoing;
       ``(C) any person that is or has been acting or purporting 
     to act, directly or indirectly, for or on behalf of any of 
     the foregoing; and
       ``(D) any other person which the Secretary of the Treasury 
     has notified the Bank is included in any of the foregoing.
       ``(2) Government of the russian federation.--The term 
     `Government of the Russian Federation' means any person that 
     the Bank has reason to believe is--
       ``(A) the state and the Government of the Russian 
     Federation, as well as any political subdivision, agency, or 
     instrumentality thereof;
       ``(B) any entity controlled, directly or indirectly, by any 
     of the foregoing, including any partnership, association, or 
     other entity in which any of the foregoing owns a 50 percent 
     or greater interest or a controlling interest, and any entity 
     which is otherwise controlled by any of the foregoing;
       ``(C) any person that is or has been acting or purporting 
     to act, directly or indirectly, for or on behalf of any of 
     the foregoing; and
       ``(D) any other person which the Secretary of the Treasury 
     has notified the Bank is included in any of the foregoing.''; 
     and
       (5) in subsection (e)(2), in the matter preceding 
     subparagraph (A), by striking ``China is'' and inserting 
     ``the People's Republic of China and the Russian Federation 
     are''.
                                 ______