ACE Nuclear Energy Act

Summary#

This bill is called the ACE Nuclear Energy Act of 2026. It would change two laws that govern the Export-Import Bank of the United States. First, the bill would require the Bank to exclude certain financing from the Bank's calculation of its default rate. The excluded financing is financing for transactions related to a civil nuclear facility, material, or technology, and financing made under a named statutory provision (section 2(l)). Second, the bill would allow the Bank's Board of Directors to set pay for up to 100 Bank employees without following certain federal pay and personnel rules (chapter 51 or parts of chapter 53 of title 5, United States Code).

What it means for you#

• If you apply for Export-Import Bank financing for a civil nuclear project, loans or guarantees for those transactions would be excluded from the Bank's default rate calculation.
• If you work at the Export-Import Bank, the Board could authorize market-competitive compensation for up to 100 employees outside some standard federal pay rules.
• No publicly available information on how many transactions or which employees would be affected beyond the changes written in the bill.

Expenses#

No publicly available information on costs, budgetary effects, or the fiscal impact is included in the bill text or the provided metadata.

Proponents' View#

No publicly available information on proponents' statements or arguments is included in the bill text or the provided metadata.

Opponents' View#

No publicly available information on opponents' statements or arguments is included in the bill text or the provided metadata.