Sponsors (2)
The bill broadens the Export-Import Bank's ability to support a wider range of quantum technologies—boosting export opportunities and competitiveness for U.S. firms while raising risks around dual-use technology support and greater taxpayer exposure.
U.S. quantum industry workers, small quantum firms, and financial institutions will be able to access Export-Import Bank financing for a broader set of 'quantum information science and technology' projects, increasing opportunities for exports and business growth.
U.S. technology sector and policymakers gain a more current, inclusive statutory description of quantum activities (covering research, hardware, software, and services), which can strengthen U.S. competitiveness in advanced-tech exports and clarify support for emerging capabilities.
Taxpayers and national-security stakeholders face increased risk because the broader authorization could enable Export-Import Bank support for dual-use quantum technologies that raise export-control and sensitive-capability concerns.
Taxpayers may be exposed to greater financial risk if the Bank finances higher-risk or speculative quantum projects that were excluded under the narrower 'quantum computing' label.
Based on analysis of 2 sections of legislative text.
Broadens the Export-Import Bank program language from "Quantum computing" to "Quantum information science and technology," expanding the statute's covered technologies.
Official title: 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 June 18, 2026 by Andy Kim · Last progress June 18, 2026
Replaces the phrase "Quantum computing" with "Quantum information science and technology" in the Export-Import Bank's Program on China and Transformational Exports, broadening the program's stated scope to cover the full field of quantum information science and related technologies. The change is limited to that statutory language and does not itself allocate funds or create new programs.