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22 U.S.C. § 262o–5Multilateral 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

in plain englishAI-generated · not legal advice

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 must instruct the U.S. Executive Director at the International Bank for Reconstruction and Development, the European Bank for Reconstruction and Development, and, where the Secretary finds it appropriate, any other multilateral development bank (as defined in section 262m–7(g) of this title) to use America's voice, vote, and influence to advocate for: (1) Removing bans at these banks against financial and technical help for generating, transmitting, and distributing nuclear energy, as far as those bans apply to nuclear technologies — including small modular reactors — that meet or exceed the quality and safety standards of U.S. or Organisation for Economic Co-operation and Development member-country technologies. (2) Building more internal capacity at these banks to assess: (A) the potential role of nuclear energy, including small modular reactors, in client countries' energy systems; and (B) delivering the financial and technical assistance described in paragraph (1) to those countries.
the actual law source: uscode.house.gov ↗public domain

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—

(1)

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

(2)

increased internal capacity-building at the respective bank for the purpose of assessing—

(A)

the potential role of nuclear energy, including small modular reactors, in the energy systems of client countries; and

(B)

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.)

history & why it existsrecord from the source credit
  • 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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