ACE Nuclear Energy Act of 2026
S. 4228119th Congress

ACE Nuclear Energy Act of 2026

Introduced in the SenateSen. David McCormick (R-PA)8 sections · 1 min read
Version: Introduced in Senate · Mar 26, 2026

Section 1. Short title

This Act may be cited as the American Competitiveness for Exports in Nuclear Energy Act of 2026 or the ACE Nuclear Energy Act of 2026.

Section 2. Exclusion of certain financing from calculation of default rate of Export-Import Bank of the United States

Section 8(g) of the Export-Import Bank of 1945 (12 U.S.C. 635g(g)) is amended by adding at the end the following:

(A) In general

The Bank shall exclude financing described in subparagraph (B) from the calculation of the default rate under paragraph (1).

(B) Financing described

Financing described in this subparagraph is financing provided—

(i) for a transaction relating to a civil nuclear facility, material, or technology; or

(ii) pursuant to section 2(l).

Section 3. Compensation of employees of Export-Import Bank of the United States

Section 117 of the Export Enhancement Act of 1992 (Public Law 102–429; 12 U.S.C. 635a note) is amended to read as follows:

Section 117. Compensation of employees

The Board of Directors of the Export-Import Bank of the United States may compensate not more than 100 employees of the Bank without regard to the provisions of chapter 51 or subchapter III or VIII of chapter 53 of title 5, United States Code.

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