HR806-118

Introduced

To require the Secretary of the Treasury to instruct the United States Executive Director at the World Bank and other international financial institutions to support assistance for nuclear energy, and for other purposes.

118th Congress Introduced Feb 2, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill requires findings The Congress finds as follows: Nuclear power provides clean energy with greater reliability than wind or solar energy, and with comparable life cycle greenhouse gas emissions, creates international financial institution support for nuclear energy, and requires waiver authority The Secretary of the Treasury may waive the requirement of section 3 on a case-by-base basis upon notifying the Committee on Financial Services of the House of Representatives and the Committee. It relies on compliance mandates, reporting requirements, liability protections, and trade restrictions. The main policy areas are Education, Energy, Finance, and Environment.

Who Benefits and How

Financial services firms and customers affected by the bill could face lower compliance burdens, Energy producers and energy supply-chain firms affected by the bill could face lower compliance burdens, and Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Energy producers and energy supply-chain firms affected by the bill would take on compliance duties, and Financial services firms and customers affected by the bill would take on compliance duties.

Key Provisions

  • Requires findings The Congress finds as follows: Nuclear power provides clean energy with greater reliability than wind or solar energy, and with comparable life cycle greenhouse gas emissions.
  • Creates international financial institution support for nuclear energy.
  • Requires waiver authority The Secretary of the Treasury may waive the requirement of section 3 on a case-by-base basis upon notifying the Committee on Financial Services of the House of Representatives and the Committee...
  • Requires progress report The Chairman of the National Advisory Council on International Monetary and Financial Policies shall include in the annual report required by section 1701 of the International Financial...
  • Requires sunset This Act shall have no force or effect after the date that is 10 years after the date of the enactment of this Act.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill requires findings The Congress finds as follows: Nuclear power provides clean energy with greater reliability than wind or solar energy, and with comparable life cycle greenhouse gas emissions, creates international financial institution support for nuclear energy, and requires waiver authority The Secretary of the Treasury may waive the requirement of section 3 on a case-by-base basis upon notifying the Committee on Financial Services of the House of Representatives and the Committee.

Key Policy Areas

Education, Energy, Finance, Environment

Primary Purpose

The bill requires findings The Congress finds as follows: Nuclear power provides clean energy with greater reliability than wind or solar energy, and with comparable life cycle greenhouse gas emissions, creates international financial institution support for nuclear energy, and requires waiver authority The Secretary of the Treasury may waive the requirement of section 3 on a case-by-base basis upon notifying the Committee on Financial Services of the House of Representatives and the Committee.

Policy Domains

Education Energy Finance Environment

Whole bill

Identified Gains
  • Financial services firms and customers affected by the bill
  • Energy producers and energy supply-chain firms affected by the bill
  • Public beneficiaries or protected communities affected by the clause
  • National security and critical infrastructure stakeholders affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Financial services firms and customers affected by the bill: ,
Energy producers and energy supply-chain firms affected by the bill: ,
Public beneficiaries or protected communities affected by the clause: ,
National security and critical infrastructure stakeholders affected by the bill:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Energy producers and energy supply-chain firms affected by the bill
  • Financial services firms and customers affected by the bill
  • Environmental and public health interests affected by the bill
  • Electric utilities and power customers affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Electric utilities and power customers affected by the bill:
Financial services firms and customers affected by the bill: ,
Environmental and public health interests affected by the bill:
Energy producers and energy supply-chain firms affected by the bill: , ,
Federal, state, or local agencies responsible for implementing the clause: , , , ,

Legislative Progress

Introduced
Introduced Committee Passed
Feb 2, 2023

Mr. McHenry introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Education Energy Finance Environment

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology