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US HB5845
Bill
Status
Introduced
10/28/2025
Primary Sponsor
Adriano Espaillat
Click for details
AI Summary
- Establishes a sovereign lending program within 30 days of enactment for eligible Latin American and Caribbean countries to support short-term energy needs and fund renewable/clean energy transition projects
- Authorizes $100 million annually for fiscal years 2026-2031, with loans offered as either zero-interest (up to 30 years) or low-interest concessional loans (up to 50 years)
- Prohibits loan funds from being used to purchase commodities from or support entities with ownership ties to China, Russia, or other foreign adversaries
- Gives preference to countries sharing democratic values and human rights, including Alliance for Development in Democracy members (Dominican Republic, Costa Rica, Panama, Ecuador) and CARICOM states
- Requires annual reports to Congress on program implementation and annual audits, with progress reports on energy infrastructure projects for seven years after enactment
Legislative Description
Las Americas Energy Security Act
International affairs
Last Action
Referred to the House Committee on Foreign Affairs.
10/28/2025
Committee Referrals
Foreign Affairs10/28/2025
Full Bill Text
No bill text available