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EUROPE Act

USA117th CongressHR-6944| House 
| Updated: 3/9/2022
John R. Curtis

John R. Curtis

Republican Representative

Utah

Cosponsors (1)
Peter Meijer (Republican)
Committees (6)
• Energy and Mineral Resources Subcommittee• Foreign Affairs Committee• Energy Subcommittee• Financial Services Committee• Energy and Commerce Committee• Natural Resources Committee
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Energy Unleashing in Response to the Offenses of Putin against Europeans Act or the EUROPE Act This bill expedites approvals for natural gas exports to certain countries, imposes sanctions related to Russia, and addresses various energy-related issues. Under this bill, an application to export natural gas to a country with a mutual defense treaty with the United States must be (1) deemed consistent with the public interest, and (2) granted without modification or delay. Further, the Federal Energy Regulatory Commission must expedite the approval for liquefied natural gas terminals intended for exporting natural gas to one or more of such treaty countries. The Department of the Interior must immediately resume oil and gas leasing on public land and offshore waters without further review. The bill also requires the President to, subject to various exceptions and conditions, impose sanctions related to (1) Russia's central bank, and (2) foreign financial institutions that knowingly facilitate transactions with Russia's central bank or other sanctioned Russian financial institutions. The Export-Import Bank (Ex-Im Bank) must make assistance available to finance exports directly regarding clean energy technology, energy infrastructure, and the production of natural resources, with the goal of using at least 25% of its annual authorizations for such assistance. The Ex-Im Bank must set a goal to maximize the amount financed in certain situations, such as when an international strategic competitor is likely competing against a U.S. exporter for an energy-related contract.
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Timeline
Mar 7, 2022
Introduced in House
Mar 7, 2022
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Energy and Commerce, and Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 8, 2022
Referred to the Subcommittee on Energy.
Mar 9, 2022
Referred to the Subcommittee on Energy and Mineral Resources.
  • March 7, 2022
    Introduced in House


  • March 7, 2022
    Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Energy and Commerce, and Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • March 8, 2022
    Referred to the Subcommittee on Energy.


  • March 9, 2022
    Referred to the Subcommittee on Energy and Mineral Resources.

International Affairs

Air qualityAlliancesAlternative and renewable resourcesBank accounts, deposits, capitalClimate change and greenhouse gasesCollective securityCompetitiveness, trade promotion, trade deficitsCongressional oversightEnergy pricesEnergy storage, supplies, demandEnvironmental technologyEuropeForeign aid and international reliefForeign and international bankingMarine and coastal resources, fisheriesMilitary assistance, sales, and agreementsOil and gasPresidents and presidential powers, Vice PresidentsRussiaSanctionsTrade restrictionsWar and emergency powers

EUROPE Act

USA117th CongressHR-6944| House 
| Updated: 3/9/2022
Energy Unleashing in Response to the Offenses of Putin against Europeans Act or the EUROPE Act This bill expedites approvals for natural gas exports to certain countries, imposes sanctions related to Russia, and addresses various energy-related issues. Under this bill, an application to export natural gas to a country with a mutual defense treaty with the United States must be (1) deemed consistent with the public interest, and (2) granted without modification or delay. Further, the Federal Energy Regulatory Commission must expedite the approval for liquefied natural gas terminals intended for exporting natural gas to one or more of such treaty countries. The Department of the Interior must immediately resume oil and gas leasing on public land and offshore waters without further review. The bill also requires the President to, subject to various exceptions and conditions, impose sanctions related to (1) Russia's central bank, and (2) foreign financial institutions that knowingly facilitate transactions with Russia's central bank or other sanctioned Russian financial institutions. The Export-Import Bank (Ex-Im Bank) must make assistance available to finance exports directly regarding clean energy technology, energy infrastructure, and the production of natural resources, with the goal of using at least 25% of its annual authorizations for such assistance. The Ex-Im Bank must set a goal to maximize the amount financed in certain situations, such as when an international strategic competitor is likely competing against a U.S. exporter for an energy-related contract.
View Full Text

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Get AI-generated questions to help you understand this bill better

Timeline
Mar 7, 2022
Introduced in House
Mar 7, 2022
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Energy and Commerce, and Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 8, 2022
Referred to the Subcommittee on Energy.
Mar 9, 2022
Referred to the Subcommittee on Energy and Mineral Resources.
  • March 7, 2022
    Introduced in House


  • March 7, 2022
    Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Energy and Commerce, and Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • March 8, 2022
    Referred to the Subcommittee on Energy.


  • March 9, 2022
    Referred to the Subcommittee on Energy and Mineral Resources.
John R. Curtis

John R. Curtis

Republican Representative

Utah

Cosponsors (1)
Peter Meijer (Republican)
Committees (6)
• Energy and Mineral Resources Subcommittee• Foreign Affairs Committee• Energy Subcommittee• Financial Services Committee• Energy and Commerce Committee• Natural Resources Committee

International Affairs

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Air qualityAlliancesAlternative and renewable resourcesBank accounts, deposits, capitalClimate change and greenhouse gasesCollective securityCompetitiveness, trade promotion, trade deficitsCongressional oversightEnergy pricesEnergy storage, supplies, demandEnvironmental technologyEuropeForeign aid and international reliefForeign and international bankingMarine and coastal resources, fisheriesMilitary assistance, sales, and agreementsOil and gasPresidents and presidential powers, Vice PresidentsRussiaSanctionsTrade restrictionsWar and emergency powers