ACE Nuclear Energy Act of 2026

Summary

Excludes Export-Import Bank financings for civil nuclear projects from the Bank’s default-rate calculations and lets the Bank compensate up to 100 employees without following certain federal civil‑service and title 5 pay rules. The bill updates statutory text to change how the Bank reports default rates and expands limited pay flexibility for a set number of Bank staff, without creating new appropriations or changing tax law. These changes aim to affect the Bank’s internal risk metrics and reporting, and to give the Bank targeted hiring/compensation flexibility for up to 100 employees involved in its operations.

• Removes civil nuclear financings from the Export‑Import Bank’s statutory default‑rate calculations.
• Authorizes the Bank to compensate up to 100 employees outside certain title 5 civil‑service and pay provisions.
• Changes affect the Bank’s internal risk metrics and statutory reporting to Congress.
• Does not appropriate funds or alter the federal tax code.
• Updates statutory text and corrects an internal citation in the Bank’s authorizing statute.
• May make the Bank’s reported default rate for nuclear financings not directly comparable to prior reports.
• Gives the Bank limited new pay/hiring flexibility that could affect staffing and compensation practices.
• Scope is administrative and reporting-focused rather than creating new lending authorities or mandates.