Civil Nuclear Export Act of 2024
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Summary
The Civil Nuclear Export Act of 2024 modifies the Export-Import Bank's authority to finance civil nuclear reactor exports. The bill removes the Bank's prohibition on financing nuclear exports that comply with the Atomic Energy Act, adds civil nuclear reactors to the Bank's China and Transformational Exports program, and establishes a federal liability coverage mechanism for nuclear incidents at facilities receiving Bank financing. The bill also increases lending caps and default rate thresholds for the Bank's China program.
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