LOAN Act
Last action on Jul 23, 2025Referred to the House Committee on Oversight and Governme...
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Summary
H.R. 4677, the Leverage Obligated Appropriations for Advanced Nuclear (LOAN) Act, aims to accelerate the development of next-generation nuclear energy technology in the United States. The bill would allow companies already receiving federal grants for advanced nuclear projects to more easily access over $350 billion in existing loan authority from the Department of Energy. For citizens, this is intended to support the creation of a more reliable and carbon-free power grid by reducing the financial hurdles for building modern nuclear reactors.
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Lifecycle of the Bill
Introduced in House
Jul 23, 2025
Introduced in House
Jul 23, 2025
Referred to the House Committee on Oversight and Government Reform.
Jul 23, 2025
