Senators Dave McCormick (R-PA) and Andy Kim (D-NJ) introduced the ACE Nuclear Energy Act of 2026 to bolster America's competitiveness in the global nuclear energy market. The bill aims to enhance the Export-Import Bank's ability to support U.S. nuclear energy exports, addressing key barriers faced by U.S. nuclear companies.
Support and advance legislation to strengthen America's competitiveness in global nuclear energy markets by enhancing the Export-Import Bank's ability to support U.S. nuclear energy exports and addressing export barriers faced by U.S. nuclear companies.
Occurrences
Mr. MCCORMICK (for himself and Mr. COONS) submitted an amendment ... Subtitle H—International Nuclear Energy Financing Act of 2025
Evidence
Last Action Date Listed: March 26, 2026. Action: Mr. McCormick (for himself and Mr. Kim) introduced the bill; it was read twice and referred to the Committee on Banking, Housing, and Urban Affairs. The bill amends the Export-Import Bank Act of 1945 to support U.S. nuclear energy exports.
McCormick and Kim said their bipartisan bill would strengthen America's competitiveness in the global nuclear energy market as part of EXIM reauthorization and enhance EXIM's ability to support U.S. nuclear energy exports.
McCormick's Senate office said McCormick and Sen. Andy Kim introduced legislation to strengthen America's competitiveness in the global nuclear energy market as part of EXIM reauthorization, and that the ACE Nuclear Energy Act would enhance EXIM's ability to support U.S. nuclear energy exports.
The release says the bill would address barriers facing U.S. nuclear companies by creating a targeted exemption from EXIM's statutory default-rate cap for large nuclear projects and expanding EXIM's ability to offer market-competitive pay for specialized staff.
GovInfo lists S. 4228 as the American Competitiveness for Exports in Nuclear Energy Act of 2026, sponsored by David McCormick with Andy Kim as cosponsor. The action listed is that McCormick introduced the bill, which was read twice and referred to the Senate Committee on Banking, Housing, and Urban Affairs.
GovInfo identifies the bill version as Introduced in Senate and lists the last action date as March 26, 2026. The full title says the bill would amend the Export-Import Bank Act of 1945 to exclude certain financing from EXIM's default rate and permit market-competitive compensation for certain EXIM employees.
Assessments
McCormick introduced and sponsored S. 4228, the ACE Nuclear Energy Act, with Sen. Andy Kim during his Senate term, and the bill substantively matched the promise by targeting EXIM support for U.S. nuclear exports and export barriers. However, the official record shows the bill only reached introduction, second reading, and referral to the Senate Banking Committee, with no passage or enactment shown. Because he made a serious, on-point legislative attempt but the promised policy outcome has not been delivered, this is best scored as not fulfilled with an effort badge.
McCormick materially attempted the promise in his current Senate term by introducing S. 4228, the ACE Nuclear Energy Act of 2026, with Sen. Kim to enhance EXIM support for U.S. nuclear exports and address related export barriers. However, the bill appears only to have been introduced and referred to the Senate Banking Committee as of the available record, with no passage, enactment, or implemented policy outcome. Because the promised outcome was to support and advance legislation, his introduction and advocacy are serious effort, but the policy has not been delivered.