HR 1474
Advanced toward a vote
Directs the U.S. Treasury Secretary to push the World Bank and other development banks to lift limits on financing nuclear energy and to create dedicated nuclear energy assistance trust funds.
Official title: International Nuclear Energy Financing Act of 2025
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
21-FEB-2025
Referred
21-FEB-2025
Approved by committee
05-MAR-2025
Reported
21-MAR-2025
On the calendar
21-MAR-2025
- Instructs the Treasury Secretary to have U.S. representatives at the World Bank, the European Bank for Reconstruction and Development, and other multilateral banks advocate removing prohibitions on nuclear energy financing, limited to technologies meeting U.S. or allied quality standards
- Directs U.S. representatives to push for internal capacity-building at those banks to assess the role of nuclear energy in client countries' energy systems
- Establishes a Nuclear Energy Assistance Trust Fund at each participating institution, to support nuclear projects and counter credit from countries outside the OECD export credit arrangement
- Requires the National Advisory Council on International Monetary and Financial Policies to report on progress for seven years after enactment, and the Act and its amendments expire 10 years after enactment
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CRS is the Library of Congress's nonpartisan research office. Check on congress.gov- Financial Services Committee (House)
International Affairs
■ 1 R■ 1 D
1 Republican
1 Democrat