This bill seeks to modify the Export-Import Bank Act of 1945, specifically targeting the Program on China and Transformational Exports . Its primary objective is to broaden the technological areas that are eligible for support under this program. The legislation achieves this by amending a specific section to replace the term "Quantum computing" with the more inclusive phrase " Quantum information science and technology ." This expansion ensures that a wider array of emerging quantum-related fields and innovations are covered, thereby enhancing American competitiveness and leadership in these critical sectors.
This bill seeks to modify the Export-Import Bank Act of 1945, specifically targeting the Program on China and Transformational Exports . Its primary objective is to broaden the technological areas that are eligible for support under this program. The legislation achieves this by amending a specific section to replace the term "Quantum computing" with the more inclusive phrase " Quantum information science and technology ." This expansion ensures that a wider array of emerging quantum-related fields and innovations are covered, thereby enhancing American competitiveness and leadership in these critical sectors.