We have received text from H.R. 4263: 123 GO Act. This bill was received on 2025-06-30, and currently has 4 cosponsors.
Here is a short summary of the bill:
This bill, known as the 123 GO Act, aims to strengthen the competitiveness of the United States' nuclear sector in international markets. It includes several key components:
1. Purpose and Intent
The bill expresses the intent of Congress that certain executive actions related to advancing nuclear reactor technologies for national security align with U.S. interests.
2. Negotiation of Agreements
The Secretary of State is tasked with leading negotiations for agreements related to nuclear cooperation, specifically under the provisions of section 123 of the Atomic Energy Act of 1954. This includes:
- Establishing New Agreements: The bill aims for the Secretary of State to negotiate at least 20 new nuclear cooperation agreements by January 3, 2029.
- Renewing Existing Agreements: The Secretary of State is also to seek to renegotiate or renew any existing agreements that are set to expire within ten years of the bill's enactment.
3. Enhancing Global Competitiveness
A program will be implemented to enhance the competitiveness of U.S. nuclear suppliers, investors, and lenders in international markets. This program includes:
- Expedited Agreements: Facilitating quicker intergovernmental agreements regarding nuclear energy and fuel supply chains with countries looking to export nuclear technology.
- Promoting International Standards: Encouraging adherence to international nuclear damage compensation agreements.
- Identifying Regulatory Burdens: Recognizing and addressing any statutory or regulatory challenges that hinder the export of U.S. nuclear technology and services.
- Fostering Import Decisions: Encouraging positive decisions by other countries regarding the acceptance of U.S. nuclear technology and resources.
4. Consultation and Oversight
The implementation of these initiatives will be done in consultation with other government sectors, including the Secretaries of Commerce and Energy, and will be reviewed by the Director of the Office of Science and Technology Policy as well as the Assistant to the President for Economic Policy.
Relevant Companies
- NEE (NextEra Energy, Inc.) – As a major player in renewable and nuclear energy, NextEra may benefit through enhanced opportunities for collaboration and export of nuclear technology.
- DNN (Denison Mines Corp.) – Operating in the uranium mining sector, this company could see increased demand for uranium with renewed nuclear projects and exports.
- BEPC (Brookfield Renewable Partners L.P.) – This company may benefit from potential investments in nuclear power as a complementary energy source to renewables.
Representative Keith Self Bill Proposals
Here are some bills which have recently been proposed by Representative Keith Self:
- H.R.4530: To apply licensing requirements under the Export Control Reform Act of 2018 to subsidiaries of entities listed on the Entity List or Military End User List, and for other purposes.
- H.R.4380: To rename the portion of United States Highway 75 between President George Bush Turnpike and United States Highway 380 as the "U.S. Congressman and Prisoner of War Sam Johnson Memorial Highway".
- H.R.4379: To amend title 10, United States Code, to require the Secretary of Defense to issue regulations providing for the reimbursement of certain educational expenses for students determined to be medically ineligible for continued participation in the Senior Reserve Officers' Training Corps.
- H.R.4263: To enhance the competitiveness of the nuclear sector of the United States in foreign countries, and for other purposes.
- H.R.3998: Firearms Congressional Notification Modernization Act
- H.R.3256: Lieutenant General Carey Runway Act of 2025
You can track bills proposed by Representative Keith Self on Quiver Quantitative's politician page for Self.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
