22 U.S.C. § 262o–5 — Multilateral development bank support for nuclear energy
submitted this year by Pub. L. 95-118 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 174 words · no verdicts yet
Treasury must direct U.S. bank representatives to advocate for nuclear-energy financing. Banks should remove bans on funding nuclear projects that meet safety standards. Banks should also build capacity to assess nuclear energy's role and delivery of assistance.
The Secretary of the Treasury shall instruct the United States Executive Director at the International Bank for Reconstruction and Development, the European Bank for Reconstruction and Development, and, as the Secretary finds appropriate, any other multilateral development bank* (as defined in section 262m–7(g) of this title) to use the voice, vote, and influence of the United States to advocate for—
the removal of prohibitions at the respective bank against financial and technical assistance for the generation, transmission, and distribution of nuclear energy, to the extent that the prohibitions apply to nuclear technologies, including small modular reactors, that meet or exceed the quality and safety standards of technologies produced by the United States or a member country of the Organisation for Economic Co-operation and Development; and
increased internal capacity-building at the respective bank for the purpose of assessing—
the potential role of nuclear energy, including small modular reactors, in the energy systems of client countries; and
the delivery of financial and technical assistance described in paragraph (1) to the countries.
Source credit: (Pub. L. 95–118, title XV, § 1506, as added Pub. L. 119–75, div. F, title VII, § 7070(b)(2), Feb. 3, 2026, 140 Stat. 624.)
- 2026Enacted · Pub. L. 95-118 · 140 Stat. 624
A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-118 on 2026-02-03.
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