Advancing American Quantum Leadership Act of 2026
- Bill Number
- H.R. 9585
- Origin Chamber
- House
- Congress
- 119th Congress, Session 2
- Status
- Introduced
- Latest Action
- 2026-07-02: Referred to the House Committee on Financial Services.
- Last Updated
- 2026-07-07T05:08:21Z
AI-Generated Summary
Purpose This legislation aims to expand U.S. support for exports in advanced technologies by broadening the focus of an existing Export-Import Bank program that addresses competition with China in key sectors.
Key Provisions
- Amends Section 2(l)(1)(B)(v) of the Export-Import Bank Act of 1945.
- Replaces the term "Quantum computing" with "Quantum information science and technology" in the list of areas covered by the Program on China and Transformational Exports.
- The short title is the Advancing American Quantum Leadership Act of 2026.
Significant Changes to Existing Law
- Updates the scope of the Program on China and Transformational Exports to cover a wider range of quantum-related fields beyond just computing.
- This modifies the statutory language that guides Export-Import Bank financing and support for exports in transformational technologies.
Potential Impacts
- Allows the Export-Import Bank to provide financing and other support for a broader set of quantum technology exports.
- May strengthen U.S. efforts to maintain technological leadership in quantum fields amid global competition.
- Could affect government agencies by expanding the Bank's operational focus and influence international trade relations, particularly with China.
Main Stakeholders Affected
- The Export-Import Bank of the United States.
- U.S. companies and exporters involved in quantum information science and technology.
- Congress, through oversight of the Bank’s programs.
- Industries and research entities working in advanced technology sectors.
Notable Legal, Constitutional, or Political Implications
- Represents a targeted statutory amendment to an existing federal banking and trade law without altering broader constitutional authorities.
- Introduced on a bipartisan basis, reflecting congressional interest in technology competition policy.
This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.
Sponsor
Rep. Lawler, Michael [R-NY-17]
Cosponsors (1)
Rep. Gottheimer, Josh [D-NJ-5]
Recent Actions
- 2026-07-02: Referred to the House Committee on Financial Services.
- 2026-07-02: Introduced in House
- 2026-07-02: Introduced in House
Bill Versions
- Advancing American Quantum Leadership Act of 2026 — issued 2026-07-02 — PDF (2 pages)