Sponsors (2)
The bill broadens Export-Import Bank support to a wider set of quantum-related technologies, boosting financing and commercialization opportunities for more firms while risking diluted focus and greater administrative ambiguity.
Companies working on quantum information science and technology — including small businesses and tech firms — become explicitly eligible for Export-Import Bank programs focused on China and transformational exports, increasing their access to export financing and growth opportunities.
Tech workers and small quantum-industry firms benefit from broader recognition of 'quantum information science and technology,' which supports supply-chain, research, and commercialization activities beyond just quantum computing hardware.
Small, quantum-focused companies and tech workers may see program resources and financing become less targeted for pure quantum computing projects as eligibility expands, reducing the effectiveness of support for narrowly focused innovations.
Financial institutions and program administrators may face ambiguity over eligibility and prioritization from the wider terminology, which could slow approvals and increase administrative burden.
Based on analysis of 2 sections of legislative text.
Replaces "quantum computing" with "quantum information science and technology" in the Export-Import Bank Act's program focus areas, broadening covered technologies.
Replaces the narrow term "quantum computing" with the broader phrase "quantum information science and technology" in the Export-Import Bank Act's list of program focus areas for the Program on China and Transformational Exports. The change broadens the legal language that guides which quantum-related technologies count as priorities for that Ex-Im Bank program. The amendment is a short, targeted wording change that does not create new programs or appropriate funds; it simply expands the scope of covered technologies in existing statutory text to include the wider field of quantum information science and related technologies.
Official title: To amend the Export-Import Bank Act of 1945 to include quantum information science and technology in the areas covered by the Program on China and Transformational Exports.
Introduced July 2, 2026 by Michael Lawler · Last progress July 2, 2026