,,ii  #aag? ,,congress  #a/ ,session    
,s4 #aecg  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #aj1 #bjba,ms4    
,murk[ski introduc$ ! foll[+ bill2 :i* 0
 read twice & ref]r$ to ! ,committee on 
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to mod]nize c]ta9 ,f$]al       
ag5cies = an era ( /rategic en]gy &     
m9]al competition1 & = o!r purposes4    
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,/rategic ,en]gy & ,m9]als ,initiative
 ,act ( #bjba4  #b4 ,policy ( ! ,unit$  
,/ates  7a7 ,9 g5]al ,x is ! policy ( ! 
,unit$ ,/ates to enable ! private sector
 9 ! ,unit$ ,/ates to compete 9 global  
en]gy & critical m9]als m>kets t may be 
dom9at$ by c>tels1 /ate-sponsor$        
ent]prises1 & trade f9ance ag5cies t    
utilize ! provision ( cr$it1 capital1 & 
o!r f9ancial support = /rategic en]gy   
purposes4  7b7 ,critical m9]al def9$ ,9 
?is section1 ! t]m critical m9]al has ! 
mean+ giv5 ! t]m 9 section #gjjb7;a7 ( !
 ,en]gy ,act ( #bjbj 7division ,z (     
,public ,law #aaf-bfj2 #acd ,/at4 #befb2

 #cj ,u4,s4,c4 #afjf7;a774  #c4         
,/rategic en]gy & m9]als portfolio (    
,unit$ ,/ates ,int]national ,developm5t 
,f9ance ,corporation ,title ,v ( !      
,bett] ,utilization ( ,inve/m5ts ,lead+ 
to ,developm5t ,act ( #bjah 7#bb        
,u4,s4,c4 #ifga et seq47 is am5d$ by    
add+ at ! end ! foll[+3  #adee4         
,/rategic en]gy & m9]als portfolio ,!   
,corporation-- 7#a7 may provide support 
"u title ,,ii = projects relat$ to any  
type ( en]gy1 includ+ fossil fuels1     
r5ewables 7includ+ hydrop[]71 & nucle>  
en]gy1 or ! production1 process+1       
manufactur+1 or recycl+ ( critical      
m9]als 7z def9$ 9 section #gjjb7;a7 ( ! 
,en]gy ,act ( #bjbj 7division ,z (      
,public ,law #aaf-bfj2 #acd ,/at4 #befb2
 #cj ,u4,s4,c4 #afjf7;a7772 &  7#b7 may 
n prohibit1 re/rict1 or o!rwise imp$e ! 
provision ( support on ! basis ( ! type 
( en]gy involv$ 9 a project4  4  #d4    
,opposition to policies at multilat]al  
developm5t banks re/rict+ assi/ance bas$
 on type ( en]gy involv$  7a7 ,9 g5]al  

,! ,secret>y ( ! ,treasury %all direct !
 ,unit$ ,/ates ,executive ,director (   
ea* multilat]al developm5t bank to use !
 voice & vote ( ! ,unit$ ,/ates at !    
bank to oppose all policies1 rules1 &   
regulations at ! bank t re/rict !       
provision ( developm5t assi/ance to     
develop+ c\ntries on ! basis ( ! type ( 
en]gy involv$1 includ+ ?r\gh re/rictions
 on up/ream fossil fuel activities & !  
use ( coal-fir$ electricity g5]ation4   
7b7 ,multilat]al developm5t bank def9$  
,9 ?is section1 ! t]m multilat]al       
developm5t bank has ! mean+ giv5 t t]m 9
 section #agja7;c7 ( ! ,int]national    
,f9ancial ,in/itutions ,act 7#bb        
,u4,s4,c4 #bfbr7c774  #e4 ,promotion (  
en]gy & m9]als exports by               
,export-,import ,bank ( ! ,unit$ ,/ates 
7a7 ,/rategic en]gy & m9]als portfolio  
,! ,export-,import ,bank ,act ( #aide   
7#ab ,u4,s4,c4 #fce et seq47 is am5d$ by
 add+ at ! end ! foll[+3  #af4 ,/rategic
 en]gy & m9]als portfolio  7a7 ,9 g5]al 
,! ,bank %all e/abli% a /rategic en]gy &

 m9]als portfolio focus$ on provid+     
f9anc+ 7includ+ loans1 gu>antees1 &     
insurance7 = civil nucle> en]gy         
infra/ructure projects 7subject to      
subsection 7c771 natural gas            
infra/ructure projects1 & critical      
m9]als projects 7includ+ production1    
process+1 manufactur+1 or recycl+71 t   
may facilitate-- 7#a7 increases 9       
exports ( ,unit$ ,/ates en]gy           
commodities1 su* z regasification       
t]m9als2  7#b7 ! export ( ,unit$ ,/ates 
equipm5t1 mat]ials1 & te*nology2 or     
7#c7 ! /rategic div]sification ( supply 
*a9s critical to ! ,unit$ ,/ates        
economy4  7b7 ,maximum exposure cap =   
/rategic en]gy portfolio  7#a7 ,9 g5]al 
,! aggregate am\nt ( loans1 gu>antees1 &
 insurance "u subsection 7a7 ! ,bank has
 out/&+ at any "o "t may n exce$        
#ej1jjj1jjj1jjj4  7#b7 ,treatm5t (      
defaults ,a default on f9anc+ provid$ "u
 subsection 7a7 %all n-- 7,a7 be includ$
 9 ! default rate calculat$ by ! ,bank  
"u section #h7;g77#a72 or  7,b7 c\nt =  

purposes ( ! freeze on l5d+ provid$ = "u
 section #f7;a77#c74  7c7 ,limitation ,!
 ,bank may provide f9anc+ = civil nucle>
 en]gy infra/ructure projects only 9    
c\ntries ) :i* ! ,unit$ ,/ates has 9    
effect a nucle> coop]ation agreem5t "u  
section #abc ( ! ,atomic ,en]gy ,act (  
#aied 7#db ,u4,s4,c4 #baec74  7d7 ,rule 
( con/ruction ,no?+ 9 ?is section may be
 con/ru$ to less5 ! obligation ( ! ,bank
 to conduct rigor\s due dilig5ce &      
mitigate risks ) respect to transactions
 or projects = :i* ! ,bank provides     
f9anc+ "u ?is section4  7e7 ,critical   
m9]al def9$ ,9 ?is section1 ! t]m       
critical m9]al has ! mean+ giv5 ! t]m 9 
section #gjjb7;a7 ( ! ,en]gy ,act (     
#bjbj 7division ,z ( ,public ,law       
#aaf-bfj2 #acd ,/at4 #befb2 #cj         
,u4,s4,c4 #afjf7;a774  4  7b7 ,promotion
 ( en]gy exports ,section               
#b7;b77#a77;,c7 ( ! ,export-,import     
,bank ,act ( #aide 7#ab ,u4,s4,c4       
#fce7;b77#a77;,c77 is am5d$ by /rik+    
nonnucle> r5ewable & ins]t+ all4  7c7   

,modification ( limitation on f9anc+ =  
nucle> en]gy exports ,section           
#b7;b77#e77;,c7 ( ! ,export-,import     
,bank ,act ( #aide 7#ab ,u4,s4,c4       
#fce7;b77#e77;,c77 is am5d$ by /rik+ any
 liquid metal fa/ bre$] nucle> reactor  
or any nucle> fuel reprocess+ facility &
 ins]t+ any nucle> mat]ial1 equipm5t1 or
 te*nology n provid$ = "u a nucle>      
coop]ation agreem5t 9 effect "u section 
#abc ( ! ,atomic ,en]gy ,act ( #aied    
7#db ,u4,s4,c4 #baec74  7d7 ,ext5sion ( 
export-,import bank  7#a7 ,aggregate    
loan1 gu>antee1 & insurance au?ority    
,section #f7;a7 ( ! ,export-,import     
,bank ,act ( #aide 7#ab ,u4,s4,c4       
#fce;e7a77 is am5d$-- 7,a7 9 p>agraph   
7#b71 by /rik+ fiscal ye>s #bjbj ?r\gh  
#bjbg1 means #ace1jjj1jjj1jjj & ins]t+  
#bjba ?r\gh #bjca1 means                
#bjj1jjj1jjj1jjj2 &  7,b7 9 p>agraph    
7#c71 by /rik+ ,if & ins]t+ ,except z   
provid$ 9 section #af7;b77#b71 if4  7#b7
 ,t]m9ation ,section #g ( !             
,export-,import ,bank ,act ( #aide 7#ab 

,u4,s4,c4 #fce;f7 is am5d$ by /rik+     
#bjbf & ins]t+ #bjca4  #f4 ,loan        
gu>antees = projects t increase !       
dome/ic supply ( critical m9]als        
,section #agjc7;b7 ( ! ,en]gy ,policy   
,act ( #bjje 7#db ,u4,s4,c4 #afeac7;b77 
is am5d$ by add+ at ! end ! foll[+3     
7#ac7 ,projects t increase ! dome/ic    
supply ( critical m9]als 7z designat$ by
 ! ,secret>y ( ! ,int]ior "u section    
#gjjb7;c7 ( ! ,en]gy ,act ( #bjbj       
7division ,z ( ,public ,law #aaf-bfj2   
#acd ,/at4 #befc2 #cj ,u4,s4,c4         
#afjf7;c771 includ+ ?r\gh ! production1 
manufactur+1 process+1 recycl+1 or      
fabrication ( m9]al alt]natives4  4  #g4
 ,implem5tation ( f$]al /rategy to      
ensure secure & reliable supplies (     
critical m9]als ,n lat] ?an #b ye>s aft]
 ! date ( ! enactm5t ( ?is ,act1 !      
,f$]al ,gov]nm5t %all fully implem5t !  
recomm5dations made 9 ! report ( !      
,dep>tm5t ( ,comm]ce entitl$ ,a ,f$]al  
,/rategy to ,ensure ! ,secure &         
,reliable ,supplies ( ,critical ,m9]als 

& dat$ ,june #bjai4