US SB1739

Directs the Secretary of the Treasury to instruct U.S. Executive Directors at the World Bank, European Bank for Reconstruction and Development, and other multilateral development banks to advocate for removing prohibitions on financing nuclear energy projects that meet U.S. or allied quality standards

Establishes "Nuclear Energy Assistance Trust Funds" at international financial institutions to provide financial and technical assistance for nuclear energy generation in borrowing countries, with a focus on countering financing from non-OECD countries like China and Russia

Requires trust funds to exclusively support nuclear technologies meeting U.S. or allied quality standards and to strengthen institutional capacity to assess and evaluate nuclear energy projects

Mandates annual reporting by the National Advisory Council on International Monetary and Financial Policies on progress promoting multilateral development bank assistance for nuclear energy and trust fund activities for 7 years following enactment

Contains a 10-year sunset provision for both the multilateral bank advocacy requirements and the trust fund establishment provisions