123 GO Act
Nuclear Energy: Boosting U.S. Exports and Global Sales
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
- This bill aims to help American nuclear companies sell their technology and services to other countries. It directs the State Department to sign at least 20 new international agreements for nuclear cooperation by early 2029.
- The plan focuses on making U.S. nuclear businesses more competitive against foreign rivals. It would create a new program to help American investors, lenders, and suppliers win contracts for nuclear power projects in other nations.
- Government officials would be required to find and remove rules or laws that make it hard for U.S. companies to export nuclear fuel, equipment, and services. This is intended to speed up the process of selling American energy technology abroad.
- The bill also pushes for more countries to join international agreements that handle legal issues and insurance for nuclear projects. This helps protect American companies from certain risks when they build or operate plants in other countries.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Armed Services, Energy and Commerce, Financial Services, and Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
123 GO Act
Data Sources
Sponsor
Cosponsors
(4)Analysis generated by AI. Always verify with official sources.