Sponsors (2)
The bill broadens Export-Import Bank support to more companies across the quantum information science and technology ecosystem, boosting financing and commercialization opportunities but risking diluted focus and greater administrative ambiguity that could slow or mis-target support.
Companies working on quantum information science and technology (including small businesses) become explicitly eligible for Export-Import Bank programs focused on China and transformational exports, increasing their access to export financing and potential international sales.
Tech workers and small businesses across the broader quantum research and industry base gain greater recognition and support for supply-chain and commercialization activities because the bill expands coverage to 'quantum information science and technology' rather than just quantum computing hardware.
Small firms focused specifically on pure quantum computing projects may receive less targeted support as expanding the eligible category could dilute program focus and resources.
Financial institutions and applicants could face ambiguity and slower processing because broader terminology may create uncertainty about eligibility and prioritization, increasing administrative burden.
Based on analysis of 2 sections of legislative text.
Broadens Export-Import Bank statute language from "quantum computing" to "quantum information science and technology," expanding the program's descriptive scope.
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
Replaces the phrase "Quantum computing" with "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 statutory terminology to cover the wider field of quantum information science and related technologies rather than only quantum computing. The bill is a brief, targeted statutory edit that updates program language to reflect a broader, more modern category of quantum-related technologies; it does not create new programs or authorize new spending on its face.