171 
support provided by the Bank, the Office shall con-
sider— 
‘‘(I) whether the project is under consider-
ation for financing from another country with— 
‘‘(aa) greater emission intensity than 
the United States; or 
‘‘(bb) less stringent environmental 
standards than the United States; and 
‘‘(II) the environmental impacts that would 
occur if— 
‘‘(aa) the Bank declined to provide fi-
nancing; and 
‘‘(bb) a country with greater emission 
intensity or less stringent environmental 
standards than the United States provided 
financing to develop the project. 
‘‘(viii) PUBLICATION
OF
TERMS.—Not later 
than 18 months after the commencement of con-
struction on a project involving eligible technologies, 
the Office shall make publicly available the terms of 
the contract for the project. 
‘‘(ix) DEFINITIONS.—In this subparagraph: 
‘‘(I) EARLY-STAGE
PROJECT
TECHNICAL 
ASSISTANCE.—The term ‘early-stage project 
technical assistance’ includes— 
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‘‘(aa) feasibility studies; 
‘‘(bb) resource evaluations; 
‘‘(cc) project appraisal and costing; 
‘‘(dd) pilot projects; 
‘‘(ee) commercial support, such as 
trade missions, reverse trade missions, 
technical workshops, international buyer 
projects, and international partner search-
ers to link supplies to projects; 
‘‘(ff) technical assistance and other 
guidance to improve the local regulatory 
environment and market frameworks to en-
courage transparent competition and en-
hance energy security; and 
‘‘(gg) long-term energy sector plan-
ning. 
‘‘(II) ELIGIBLE TECHNOLOGY.—The term 
‘eligible technology’ means— 
‘‘(aa) renewable energy systems; 
‘‘(bb) hydrogen fuel cell technology for 
residential, energy, industrial, or transpor-
tation applications; 
‘‘(cc) advanced nuclear energy facili-
ties; 
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‘‘(dd) carbon capture, utilization, and 
sequestration technologies; 
‘‘(ee) efficient electrical generation, 
transmission, and distribution technologies; 
‘‘(ff) pollution control equipment; 
‘‘(gg) energy storage technologies for 
residential, industrial, and transportation 
applications; 
‘‘(hh) technologies and systems for re-
ducing potent greenhouse gas pollutants, 
including methane leakage from natural 
gas transmission and distribution infra-
structure; 
‘‘(ii) manufacturing and deployment 
of nuclear supply components for advanced 
nuclear reactors; 
‘‘(jj) system-level energy management 
solutions; 
‘‘(kk) application of platform tech-
nologies, including data analytics, artificial 
intelligence, and other software to improve 
the energy efficiency and effectiveness of 
energy infrastructure, including electric 
grid operation; 
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174 
‘‘(ll) energy-water use efficiency in 
water resources infrastructure and water- 
using technologies; 
‘‘(mm) carbon capture ready com-
bined cycle natural gas generation facili-
ties; 
‘‘(nn) carbon capture ready supercrit-
ical or ultra-supercritical coal generation 
facilities; 
‘‘(oo) innovative technologies for im-
proving the resilience or reliability of exist-
ing energy infrastructure, including inno-
vative approaches to improve the cyberse-
curity of energy technologies; 
‘‘(pp) innovative technologies for re-
ducing greenhouse emissions from indus-
trial processes; 
‘‘(qq) 
technologies 
used 
in 
the 
sourcing or processing of critical minerals; 
‘‘(rr) technologies used in the gasifi-
cation or transport of natural gas, carbon 
dioxide, or hydrogen; and 
‘‘(ss) any other technology, including 
recycled, 
reused, 
refurbished, 
any 
repurposed technology, to support innova-
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175 
tive energy technologies or provide an 
input 
or 
application 
for 
such 
tech-
nologies.’’; and 
(2) by striking subparagraph (K). 
(c) PROGRAM ON TRANSFORMATIONAL EXPORTS.— 
The Export-Import Bank Act of 1945 (12 U.S.C. 635 et 
seq.) is amended— 
(1) in section 2(l)— 
(A) in the subsection heading, by striking 
‘‘CHINA AND’’; 
(B) in paragraph (1)— 
(i) in the matter preceding subpara-
graph (A)— 
(I) by striking ‘‘China and’’; and 
(II) by striking ‘‘by the People’s 
Republic of China or’’; 
(ii) in subparagraph (A), by striking 
‘‘by the People’s Republic of China or’’; 
and 
(iii) in subparagraph (B)— 
(I) in the matter preceding clause 
(i), by striking ‘‘the People’s Republic 
of China’’ and inserting ‘‘covered 
countries’’; and 
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(II) in clause (vi), by striking 
‘‘Renewable energy’’ and inserting 
‘‘Eligible technology’’; 
(C) in paragraph (2)— 
(i) by redesignating subparagraphs 
(A), (B), and (C) as subparagraphs (C), 
(D), and (E), respectively; and 
(ii) by inserting after the matter pre-
ceding subparagraph (C) (as redesignated 
by clause (i)) the following: 
‘‘(C) the People’s Republic of China; and 
‘‘(D) the Russian Federation;’’; and 
(D) in paragraph (3)— 
(i) in subparagraph (A)— 
(I) by striking ‘‘20 percent’’ and 
inserting ‘‘50 percent’’; and 
(II) by striking ‘‘China and’’; 
(ii) in subparagraph (B), in the mat-
ter preceding clause (i)— 
(I) by striking ‘‘20 percent’’ and 
inserting ‘‘50 percent’’; and 
(II) by striking ‘‘the People’s Re-
public of China is’’ and inserting ‘‘the 
People’s Republic of China and the 
Russian Federation are’’; and 
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(iii) in subparagraph (D), by striking 
‘‘China and’’; 
(2) in section 8(l)— 
(A) in the subsection heading, by striking 
‘‘UNDER
THE’’ and all that follows through 
‘‘EXPORTS’’ and inserting ‘‘UNDER THE PRO-
GRAM ON TRANSFORMATIONAL EXPORTS’’; and 
(B) in the text, by striking ‘‘China and’’; 
and 
(3) in section 8A(a)(5)— 
(A) in the heading, by striking ‘‘RENEW-
ABLE’’ and inserting ‘‘CLEAN’’; 
(B) by striking ‘‘renewable’’ each place it 
appears and inserting ‘‘clean’’; and 
(C) by striking ‘‘section 2(b)(1)(K)’’ and 
inserting ‘‘section 2(b)(1)(C)’’. 
(d) JOINT ENERGY EXPORT, DEVELOPMENT, AND 
TRADE DATABASE.— 
(1) DEFINITIONS.—In this subsection: 
(A) APPROPRIATE
CONGRESSIONAL
COM-
MITTEES.—The term ‘‘appropriate congres-
sional committees’’ means— 
(i) the Committee on Energy and 
Natural Resources, the Committee on Fi-
nance, the Committee on Banking, Hous-
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178 
ing, and Urban Affairs, and the Committee 
on Foreign Relations of the Senate; and 
(ii) the Committee on Energy and 
Commerce, the Committee on Ways and 
Means, the Committee on Financial Serv-
ices, and the Committee on Foreign Affairs 
of the House of Representatives. 
(B) DATABASE.—The term ‘‘Database’’ 
means the Joint Energy Export, Development, 
and Trade Database. 
(C) DEPUTY ASSISTANT SECRETARY.—The 
term ‘‘Deputy Assistant Secretary’’ means the 
Deputy Assistant Secretary for the Americas 
Partnership. 
(D) ELIGIBLE
TECHNOLOGY.—The term 
‘‘eligible technology’’ means— 
(i) renewable energy systems; 
(ii) hydrogen fuel cell technology for 
residential, energy, industrial, or transpor-
tation applications; 
(iii) advanced nuclear energy facilities; 
(iv) carbon capture, utilization, and 
sequestration technologies; 
(v) 
efficient 
electrical 
generation, 
transmission, and distribution technologies; 
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179 
(vi) pollution control equipment; 
(vii) energy storage technologies for 
residential, industrial, and transportation 
applications; 
(viii) technologies and systems for re-
ducing potent greenhouse gas pollutants, 
including methane leakage from natural 
gas transmission and distribution infra-
structure; 
(ix) manufacturing and deployment of 
nuclear supply components for advanced 
nuclear reactors; 
(x) system-level energy management 
solutions; 
(xi) application of platform tech-
nologies, including data analytics, artificial 
intelligence, and other software to improve 
the energy efficiency and effectiveness of 
energy infrastructure, including electric 
grid operation; 
(xii) energy-water use efficiency in 
water resources infrastructure and water- 
using technologies; 
(xiii) carbon capture ready combined 
cycle natural gas generation facilities; 
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180 
(xiv) carbon capture ready supercrit-
ical or ultra-supercritical coal generation 
facilities; 
(xv) innovative technologies for im-
proving the resilience or reliability of exist-
ing energy infrastructure, including inno-
vative approaches to improve the cyberse-
curity of energy technologies; 
(xvi) innovative technologies for re-
ducing greenhouse emissions from indus-
trial processes; 
(xvii) 
technologies 
used 
in 
the 
sourcing or processing of critical minerals; 
(xviii) technologies used in the gasifi-
cation or transport of natural gas, carbon 
dioxide, or hydrogen; and 
(xix) any other technology to support 
innovative energy technologies or provide 
an input or application for such tech-
nologies. 
(2) ESTABLISHMENT.—Not later than 180 days 
after the date of the enactment of this Act, the Sec-
retary of Energy shall establish a database to be 
known as the ‘‘Joint Energy Export, Development, 
and Trade Database’’. 
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181 
(3) MANAGEMENT.—The Deputy Assistant Sec-
retary shall— 
(A) manage the Database; 
(B) ensure the agencies described in para-
graph (5) may directly access the Database to 
provide the contents required under paragraph 
(4); and 
(C) ensure that the Database is interoper-
able with the e-government system. 
(4) CONTENTS.— 
(A) IN
GENERAL.—The Database shall 
contain information provided by each agency 
described in paragraph (5) and determined by 
the Deputy Assistant Secretary, in consultation 
with industry partners, to be relevant to the 
international finance of eligible technology, in-
cluding— 
(i) for each project related to eligible 
technology supported by the agency— 
(I) a description of the project; 
(II) an identification of the coun-
try in which the project is being car-
ried out; and 
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182 
(III) an identification of the pri-
mary foreign participants in the 
project; 
(ii) details of the request for each 
such project, including— 
(I) the support requested, includ-
ing the technical assistance; and 
(II) project timelines; and 
(iii) a description of actions taken by 
the agency with respect to each such 
project regarding— 
(I) financing; 
(II) technical assistance; 
(III) potential hurdles; 
(IV) 
areas 
for 
collaboration 
among agencies; 
(V) relevant timelines; 
(VI) consideration of the effects 
of support being provided by another 
country if the agency declines to pro-
vide support, if applicable; and 
(VII) status updates. 
(B) ADDITIONAL CONTENT.—The Deputy 
Assistant Secretary may require such additional 
information to be included in the Database as 
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183 
the Deputy Assistant Secretary considers nec-
essary— 
(i) to enable collaboration between the 
agencies described in paragraph (5); and 
(ii) to aid the expansion of energy fi-
nancing. 
(C) UPDATES TO DATABASE.—Each agen-
cy described in paragraph (5) shall update the 
Database not less frequently than quarterly. 
(5) AGENCIES DESCRIBED.—The agencies de-
scribed in this paragraph shall include— 
(A) the Department of Energy; 
(B) the Department of Commerce; 
(C) the Department of State; 
(D) the Export-Import Bank of the United 
States; 
(E) the United States International Devel-
opment Finance Corporation; 
(F) the Trade and Development Agency; 
(G) the United States Agency for Inter-
national Development; 
(H) the Department of the Treasury; 
(I) the Office of the United States Trade 
Representative; and 
(J) the BUILD Americas Unit. 
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184 
(6) AGENCY COORDINATION.— 
(A) IN
GENERAL.—Not later than 270 
days after the date of the enactment of this 
Act, and quarterly thereafter, the Deputy As-
sistant Secretary and other officials of equiva-
lent rank from the agencies described in para-
graph (5) shall meet to review the Database 
and identify areas for collaboration on projects 
described in the Database. 
(B) ADDITIONAL PARTICIPANTS.— 
(i) IN GENERAL.—The Deputy Assist-
ant Secretary may invite the individuals 
described in clause (ii) to attend the meet-
ings described in subparagraph (A). 
(ii) INDIVIDUALS
DESCRIBED.—The 
individuals described in this subparagraph 
are— 
(I) the United States Executive 
Director of the World Bank Group; 
(II) the United States Executive 
Director of the Inter-American Devel-
opment Bank; 
(III) the United States Executive 
Director of the Asian Development 
Bank; 
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(IV) the United States Executive 
Director of the African Development 
Bank; 
(V) the United States Executive 
Director of the European Bank for 
Reconstruction and Development; and 
(VI) any other head of a Federal 
agency as the Deputy Assistant Sec-
retary considers appropriate. 
(7) REPORTS REQUIRED.—Not later than 270 
days after the date of the enactment of this Act, and 
quarterly thereafter, the Deputy Assistant Secretary 
shall submit to the appropriate congressional com-
mittees a report on the Database, which shall in-
clude— 
(A) a summary of the information provided 
in accordance with paragraph (4); and 
(B) an identification of key updates made 
by the agencies described in paragraph (5). 
(e) TREATMENT OF EQUITY INVESTMENTS AT THE 
DEVELOPMENT
FINANCE
CORPORATION.—Section 
1421(c) of the BUILD Act of 2018 (22 U.S.C. 9621(c)) 
is amended by adding at the end the following: 
‘‘(7) TREATMENT OF EQUITY INVESTMENTS.— 
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‘‘(A) IN
GENERAL.—Subject to subpara-
graphs (B) and (C), support provided under 
paragraph (1) with respect to a project shall be 
considered a Federal credit program that is 
subject to the Federal Credit Reform Act of 
1990 (2 U.S.C. 661 et seq.) for purposes of ap-
plying the requirements of such Act to such 
support. 
‘‘(B) DETERMINATION OF COST.— 
‘‘(i) IN GENERAL.—The cost (as de-
fined in subsection 502(5) of the Federal 
Credit Reform Act of 1990 (2 U.S.C. 
661a(5))) of support provided under para-
graph (1) with respect to a project shall be 
the net present value, at the time when 
funds are disbursed to provide the support, 
of the following estimated cash flows: 
‘‘(I) The purchase price of the 
support. 
‘‘(II) 
Dividends, 
redemptions, 
and other shareholder distributions 
during the term of the support. 
‘‘(III) Proceeds received upon a 
sale, redemption, or other liquidation 
of the support. 
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187 
‘‘(ii) 
CHANGES
IN
TERMS
IN-
CLUDED.—The estimated cash flows de-
scribed in subclauses (I) through (III) of 
clause (i) shall include the effects of 
changes in terms resulting from the exer-
cise of options included in the agreement 
to provide the support. 
‘‘(C) TREATMENT OF RISK.— 
‘‘(i) IN
GENERAL.—The Corporation 
shall hold in reserve an amount equal to 5 
percent of the amount of financing out-
standing under paragraph (1) to ensure 
that the Corporation has funds available if 
necessary as a result of— 
‘‘(I) any difference between the 
cost of support under paragraph (1) 
estimated before the date of the en-
actment of the Americas Act and re-
estimated, as required by this para-
graph, after such date of enactment; 
and 
‘‘(II) any other losses that occur 
as the result of an equity investment. 
‘‘(ii) DEDUCTION
FROM
MAXIMUM 
CONTINGENT
LIABILITY.—The maximum 
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contingent liability under section 1433 
shall be reduced by the amount held in re-
serve under clause (i).’’. 
(f) MODIFICATION OF MAXIMUM CONTINGENT LI-
ABILITY
AT
THE DEVELOPMENT FINANCE CORPORA-
TION.—Section 1433 of the BUILD Act of 2018 (22 
U.S.C. 9633) is amended to read as follows: 
‘‘SEC. 1433. MAXIMUM CONTINGENT LIABILITY. 
‘‘The maximum contingent liability of the Corpora-
tion outstanding at any one time shall not exceed in the 
aggregate $90,000,000,000.’’. 
(g) MODIFICATION
OF AGGREGATE LOAN, GUAR-
ANTEE, AND INSURANCE AUTHORITY OF EXPORT IMPORT 
BANK.—Section 6(a)(2) of the Export-Import Bank Act 
of 1945 (12 U.S.C. 635e(a)(2)) is amended by striking 
‘‘2020 through 2027, means $135,000,000,000’’ and in-
serting ‘‘2022 through 2027, means $175,000,000,000’’. 
(h) ENERGY PLAN FOR THE AMERICAS.— 
(1) IN
GENERAL.—Not later than 180 days 
after the date of the enactment of this Act, the 
Chief Energy Officer of the United States Inter-
national Development Finance Corporation (estab-
lished under subsection (j) of section 1413 of the 
BUILD Act, as added by subsection (a)(2)), in co-
ordination with the officials specified in paragraph 
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189 
(3), shall submit to Congress a comprehensive en-
ergy plan for the Americas. 
(2) ELEMENTS.—The plan required by para-
graph (1) shall address the following: 
(A) Challenges, limitations, and opportuni-
ties in the Americas for investment in securing 
the energy independence of the Western Hemi-
sphere. 
(B) Renewable and non-renewable sources 
of energy. 
(C) A list of major investments required to 
carry out the plan. 
(D) Energy regulations to be addressed by 
the business advisory board established pursu-
ant to section 202. 
(E) Impact of the plan on global carbon 
emissions and approaches for achieving carbon 
neutrality. 
(F) Such other information relating to af-
fordable energy independence in the Americas 
as the Chief Energy Officer considers appro-
priate. 
(3) OFFICIALS SPECIFIED.—The officials speci-
fied in this paragraph are the following: 
(A) The Secretary of Commerce. 
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190 
(B) The Administrator of the United 
States Agency for International Development. 
(C) The Secretary of State. 
(D) The United States Trade Representa-
tive. 
(E) The Director of the Trade and Devel-
opment Agency. 
(F) The head of any other agency the 
Chief Energy Officer considers appropriate. 
Subtitle D—People-to-People 
Activities 
SEC. 261. HUMANITARIAN AND BUSINESS DEVELOPMENT 
ASSISTANCE. 
(a) SENSE OF CONGRESS.—It is the sense of Con-
gress that— 
(1) the promotion of human rights and democ-
racy around the world is essential; 
(2) such promotion should continue to be incor-
porated into ongoing programs, such as those of the 
Bureau of Democracy, Human Rights, and Labor of 
the Department of State, the Office of Democracy 
and Governance of the United States Agency for 
International Development, the National Endowment 
for Democracy, the Commercial Law Development 
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Program at the Department of Commerce, and other 
governmental and nongovernmental entities; 
(3) the activities authorized under this subtitle 
should remain focused on the objectives of this sub-
title; and 
(4) any funds appropriated pursuant to this 
subtitle should be expended on such activities. 
(b) PURPOSE.—The purposes of this section are— 
(1) to deepen the cultural and people-to-people 
ties between the people of Americas partner coun-
tries; 
(2) to facilitate the establishment of sustainable 
market solutions to increase the economic advance-
ment interdependence of the countries in the West-
ern Hemisphere; and 
(3) to advance the objectives of this subtitle 
through support to businesses, which should remain 
focused on those endeavors. 
(c) ASSISTANCE AUTHORIZED.— 
(1) IN GENERAL.—The Secretary of State, in 
consultation with the Administrator of the United 
States Agency for International Development, the 
Director of the United States Trade and Develop-
ment Agency, and the Secretary of Commerce, shall 
establish a people-to-people assistance program 
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192 
through which individuals in Americas partner coun-
tries may participate in programs funded by the 
United States Government. 
(2) PROGRAM ELEMENTS.—The programs es-
tablished pursuant to paragraph (1) shall remain fo-
cused on achieving the objectives of the Americas 
Partnership Threshold Program established under 
section 223(a), and may include grants and con-
tracts for— 
(A) training programs related to public ad-
ministration, such as the Global Procurement 
Initiative of the United States Trade and De-
velopment Agency, and good regulatory prac-
tices and practices of internal governance; 
(B) technical assistance related to— 
(i) improved service delivery for public 
services; 
(ii) 
studies, 
reports, 
and 
other 
deliverables needed related to engineering, 
construction, maintenance of public or pri-
vate infrastructure; 
(iii) feasibility studies related to pri-
vate sector investments; and 
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193 
(iv) startup grants, venture capital, 
and equity for establishing and growing 
businesses; and 
(v) other activities to support the 
Americas Partnership Threshold Program; 
and 
(C) other people-to-people assistance au-
thorized by the Secretary of State. 
(3) IMPLEMENTATION.—The Secretary of State 
is authorized to enter into contracts with for-profit 
private sector entities to implement the people-to- 
people assistance program authorized under this 
subsection. 
(d) AMERICAS PARTNERSHIP ACCELERATOR PRO-
GRAM.— 
(1) ESTABLISHMENT.—There is established 
within the United States Agency for International 
Development a program to be known as the Amer-
icas Partnership Accelerator Program, which shall 
catalyze small and medium industries within Amer-
icas partner countries by providing short-term, tan-
gible successes, which will help people recognize en-
trepreneurs in their communities who are benefiting 
from the Americas program. 
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(2) AUTHORIZATION
OF
APPROPRIATIONS.— 
There is authorized to be appropriated, from the Re- 
shoring and Near-shoring Account established under 
section 301, $15,000,000 to carry out the program 
established under paragraph (1). 
(e) AMERICAS PARTNERSHIP FUND FOR NATURE.— 
(1) ESTABLISHMENT.—There is established in 
the Treasury of the United States the Americas 
Partnership Fund for Nature, which shall be used 
by the United States Agency for International De-
velopment to assist Americas partner countries by 
catalyzing activities advancing conservation efforts 
through grants, technical assistance, and other tools. 
(2) AUTHORIZATION
OF
APPROPRIATIONS.— 
There is authorized to be appropriated, from the Re- 
shoring and Near-shoring Account established under 
section 301, $10,000,000 to carry out the activities 
described in paragraph (1). 
(f) FUNDING.—The Secretary of State may expend 
such sums as may be necessary from the Re-shoring and 
Near-shoring Account established under section 301 to 
carry out this section. 
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SEC. 262. DEPARTMENT OF STATE. 
(a) CULTURAL AFFAIRS PROGRAMS.—The Secretary 
of State may provide Americas partner countries with ad-
ditional cultural affairs programming, including— 
(1) additional English language programming; 
(2) additional scholarship slots for the J. Wil-
liam Fulbright Educational Exchange Program au-
thorized under the Mutual Educational and Cultural 
Exchange Act of 1961 (22 U.S.C. 2451 et seq.); 
(3) increased participation in the Fulbright- 
Hays Program authorized under section 102 of the 
Mutual Educational and Cultural Exchange Act of 
1961 (22 U.S.C. 2452); 
(4) additional slots in exchange programs of the 
Bureau of Educational and Cultural Affairs that 
benefit outbound American citizens; 
(5) additional cultural exchange programs in 
music and the arts; 
(6) establishing additional ‘‘American Corners’’ 
or other outreach mechanisms; and 
(7) the appropriation of additional amounts for 
the Ambassador’s Special Self-Help Fund authorized 
under the Foreign Assistance Act of 1961 (22 
U.S.C. 2151 et seq.). 
(b) EXISTING PROGRAMS.—The Secretary of State 
may build upon existing programs, such as the 100,000 
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Strong in the Americas Innovation Fund, the College Ho-
rizons Opportunity Program, Young Leaders of the Amer-
icas Initiative, and other programs, as the Secretary 
deems appropriate. 
(c) FUNDING.—In addition to any other amounts 
made available to the Bureau of Western Hemisphere Af-
fairs, the Secretary of State may expend such sums as 
may be necessary from the Re-shoring and Near-shoring 
Account established under section 301 to carry out this 
section. 
SEC. 263. PEACE CORPS. 
(a) ADDITIONAL VOLUNTEERS IN AMERICAS PART-
NER COUNTRIES.—The Director of the Peace Corps shall 
take the necessary steps to double the number of Peace 
Corps volunteers in each Americas partner country during 
the 27-month period immediately following the date on 
which such country enters into a partnership agreement 
pursuant to section 201. 
(b) ESTABLISHING A PEACE CORPS VOLUNTEERS IN 
NEW COUNTRIES.—As soon as possible after an Americas 
partner country that does not have a Peace Corps pres-
ence enters into a partnership agreement pursuant to sec-
tion 201, the Director of the Peace Corps shall take the 
necessary steps to assign Peace Corps volunteers to such 
country. 
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(c) OFFSETS.—The cost of deploying additional 
Peace Corps volunteers to Americas partner countries 
under this section shall be paid for— 
(1) with offsets from Peace Corps deployments 
to other countries; or 
(2) from the Re-shoring and Near-shoring Ac-
count established under section 301. 
SEC. 264. AMERICAN UNIVERSITY OF THE AMERICAS. 
(a) SENSE OF CONGRESS.—It is the sense of Con-
gress that— 
(1) quality university education is essential for 
the advancement of free, prosperous societies; 
(2) there is not a Latin American university in-
cluded among the top 100 global universities in the 
U.S. News and World Report’s 2022–2023 rankings; 
(3) there is a significant need for high-quality, 
nonideological, affordable university education in 
Latin America, especially education that is focused 
on science, technology, engineering, and math; and 
(4) it is essential to protect intellectual diversity 
on college campuses, while not attempting to limit 
freedom of speech. 
(b) ESTABLISHMENT.— 
(1) IN GENERAL.—During the 2-year period be-
ginning on the date that is 1 year after the date of 
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the enactment of this Act, the Administrator of the 
United States Agency for International Develop-
ment, in cooperation with American Schools and 
Hospitals Abroad, shall establish the American Uni-
versity of the Americas in up to 3 Americas partner 
countries selected by the Administrator, in consulta-
tion with the Secretary of Education. 
(2) INDEPENDENCE.—The American University 
of the Americas— 
(A) shall be modeled after similar institu-
tions, such as the American University of Ar-
menia, the American University of Dubai, the 
American University of Nigeria, and the Amer-
ican University of Cairo; 
(B) shall remain independent of the United 
States Government; and 
(C) shall be registered as a legal edu-
cational entity in the country in which its head-
quarters is located. 
(3) FEDERAL
GOVERNMENT
SUPPORT.—Not-
withstanding paragraph (2), the United States Gov-
ernment shall support the American University of 
the Americas by— 
(A) facilitating its founding, including its 
registration as a legal educational entity; 
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(B) offering assistance with the develop-
ment of academic programs; 
(C) providing needed financial assistance; 
(D) advising the Center of Excellence for 
Combating Corruption established pursuant to 
subsection (h); and 
(E) retaining a seat on the Board for the 
Chief Administrator of the Americas Invest-
ment Corporation. 
(4) AUTHORIZED CAMPUSES.— 
(A) IN GENERAL.—Of the campuses of the 
American University of the Americas authorized 
to be established under paragraph (1)— 
(i) 1 campus may be established in 
Central America; 
(ii) 1 campus may be established in 
the Caribbean; and 
(iii) 1 campus may be established in 
the Southern Cone. 
(B) JOINT OPERATIONS.—The 3 campuses 
established pursuant to subparagraph (A) may 
share administrative, legal, and academic re-
sources. 
(c) HOST COUNTRY SELECTION.— 
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200 
(1) SOLICITATION
OF
PROPOSALS.—The Ad-
ministrator shall solicit proposals from Americas 
partner countries desiring to host the American Uni-
versity of the Americas. 
(2) PROPOSAL
CONTENTS.—Proposals sub-
mitted pursuant to paragraph (1) shall— 
(A) identify the proposed location of the 
institution; 
(B) evaluate the financial viability of the 
institution; 
(C) describe the support that the host gov-
ernment is committed to provide to the institu-
tion; 
(D) include a sustainability plan for the in-
stitution; 
(E) identify possible private-sector, non-
profit, and other partners who have committed 
to work with the institution; 
(F) identify individuals who have agreed to 
serve on the institution’s board of directors, 
with letters of commitment; and 
(G) identify any local legislation that will 
need to be enacted in order to establish the in-
stitution in the host country, along with a plan 
to enact such legislation. 
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(3) GRANT.— 
(A) IN
GENERAL.—The Administrator 
shall award a grant to each country selected to 
host a campus of the American University of 
the Americas to provide startup funding. 
(B) ELIGIBLE ENTITIES.—A grant author-
ized under subparagraph (A) may be given to a 
university, the ministry of higher education of 
the host country, or any other organization that 
is capable of facilitating the establishment of a 
campus of the American University of the 
Americas in accordance with this section. 
(4) LEGAL REGISTRATION.—After a country is 
selected to host the American University of the 
Americas, the Administrator shall formally register 
the institution in such country. 
(d) ACCREDITATION.— 
(1) IN GENERAL.—Not later than 5 years after 
the date on which the American University of the 
Americas begins operations, the institution shall 
seek accreditation with an accrediting agency recog-
nized by the Department of Education in accordance 
with subtitle B of title 34, Code of Federal Regula-
tions. 
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202 
(2) FOREIGN ACCREDITATION.—The represent-
ative of the United States in the Americas Partner-
ship business advisory board established pursuant to 
section 202 shall encourage collaboration with Amer-
icas partner countries to ensure the accreditation of 
science, technology, engineering, math, and medicine 
degrees with the appropriate education ministries or 
departments of Americas partner country govern-
ments. 
(e) DEGREES; COURSEWORK.— 
(1) STEM AND BUSINESS DEVELOPMENT DE-
GREES.—Federal funding for the American Univer-
sity of the Americas may only be used to subsidize 
courses leading to a degree in science, technology, 
engineering, math, medicine, business development, 
or management. Prerequisites may only be allowed 
for coursework related to such degrees. 
(2) EXCHANGE
PROGRAMS; VIRTUAL
LEARN-
ING.—The American University of the Americas 
shall offer exchange programs and virtual learning 
programs. 
(3) LANGUAGES.—The languages of instruction 
for the American University of the Americas— 
(A) shall be governed by local law and ac-
companying regulations of accreditation agen-
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203 
cies, with an effort to assure fully bilingual 
graduates; and 
(B) shall include the English language. 
(f) FUNDING LIMITATION.—The American Univer-
sity of the Americas may not accept any funding from the 
Government of the People’s Republic of China, the Gov-
ernment of the Republic of Cuba, the Government of the 
Bolivarian Republic of Venezuela, the Government of the 
Russian Federation, the Government of the Islamic Re-
public of Iran, or any individual or institution working on 
behalf of any such government. If any funding is accepted 
by the American University of the Americas in violation 
of this subsection, the relationship between the United 
States and the institution shall be immediately termi-
nated. 
(g) CENTERS OF EXCELLENCE.—The American Uni-
versity of the Americas shall include a Center of Excel-
lence for Combating Corruption, Human, and Other Traf-
ficking and Organized Crime that carries out research and 
pubic education related to corruption, money laundering 
(including trade-based money laundering), human traf-
ficking, drug trafficking, and other related criminal activi-
ties in Americas partner countries and throughout the 
Americas. 
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204 
(h) FUNDING.—The Secretary of State may expend 
such sums as may be necessary from the Re-shoring and 
Near-shoring Account established under section 301 to 
carry out this section. 
SEC. 265. UNITED STATES AGENCY FOR INTERNATIONAL 
DEVELOPMENT 
CARIBBEAN 
AND 
LATIN 
AMERICAN SCHOLARSHIP PROGRAM III. 
(a) IN GENERAL.—The Administrator of the United 
States Agency for International Development shall estab-
lish a scholarship program, which be known as the Carib-
bean and Latin American Scholarship Program III— 
(1) shall be modeled after the second phase of 
the Caribbean and Latin American Scholarship Pro-
gram (commonly known as CLASP–II); 
(2) shall offer full ride scholarships (including 
tuition, fees, and reasonable accommodations) to 
qualifying students in partner countries; 
(3) shall offer bachelor’s and master’s degrees 
in science, technology, engineering, math, and the 
English language; and 
(4) shall require students— 
(A) to study outside of their respective 
countries of citizenship; and 
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205 
(B) to commit to return to their respective 
countries of origin following the completion of 
their studies. 
(b) AUTHORIZATION OF APPROPRIATIONS.—There is 
authorized to be appropriated, from the Re-shoring and 
Near-shoring Account established under section 301, 
$20,000,000 for fiscal year 2024 and each successive fis-
cal year to carry out the scholarship program authorized 
under subsection (a) in Americas partner countries. 
SEC. 266. CONCERN FOR ADVANCED RETIRED AND ELDER-
LY 
NONIMMIGRANT 
VISA 
PROGRAM 
FOR 
ALIENS WHO PROVIDE DIRECT CARE FOR EL-
DERLY POPULATIONS. 
(a) FINDINGS.—Congress makes the following find-
ings: 
(1) 
In 
2015, 
there 
were 
an 
estimated 
47,800,000 individuals in the United States who 
were 65 years of age or older, and by 2030, it is ex-
pected that there will be nearly 73,000,000 individ-
uals in the United States who are 65 years of age 
or older, which is approximately 1⁄5 of the popu-
lation. 
(2) In 2020— 
(A) 45 percent of individuals caring for an 
elderly family member in the United States ex-
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206 
perienced financial hardship as a result of such 
caregiving, of whom 28 percent stopped saving 
and 22 percent exhausted their personal short- 
term savings; 
(B) 15 percent of United States workers 
transitioned from full-time employment to part- 
time employment due to the need to provide 
care for an elderly family member; 
(C) 6 percent of United States workers left 
the workforce entirely to care for an elderly 
loved one; and 
(D) 27 percent of United States workers 
reported finding affordable elder care services 
very difficult, and 33 percent of such workers 
reported finding such services moderately dif-
ficult. 
(3) If working family caregivers aged 50 years 
and older are provided the support they need to care 
for their loved ones, the gross domestic product of 
the United States could grow by an additional 
$1,700,000,000,000 by 2030. 
(4) In the United States, nursing assistants 
and home health aides— 
(A) comprise the largest group of workers 
in the long-term care workforce; and 
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207 
(B) are among the 10 occupations experi-
encing the highest levels of job growth. 
(5) 
In 
2014, 
there 
were 
approximately 
1,220,000 nursing assistants and 704,500 home 
health aides in the United States. 
(6) The need for workers providing direct care 
for elderly populations is expected to grow by 34 
percent by 2030, which is significantly higher than 
the capacity of United States workers to fill the 
need. 
(b) SENSE OF CONGRESS.—It is the sense of Con-
gress that— 
(1) the increasing care needs of the elderly pop-
ulation of the United States is of increasing signifi-
cance, both in terms of cost and time, as United 
States family size decreases and the overall popu-
lation ages; and 
(2) the establishment of a nonimmigrant visa 
category to increase the availability of caregivers and 
lower the cost of caring for the elderly will allow the 
family members of the elderly, particularly women 
and single heads of household who historically have 
taken a greater role in caring for elderly parents, to 
continuing working rather than taking on a 
caregiving role. 
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208 
(c) CONCERN FOR ADVANCED RETIRED AND ELDER-
LY NONIMMIGRANT VISA PROGRAM.— 
(1) IN GENERAL.—Section 101(a)(15) of the 
Immigration 
and 
Nationality 
Act 
(8 
U.S.C. 
1101(a)(15)) is amended— 
(A) in subparagraph (T)(ii)(III), by strik-
ing the period at the end and inserting a semi-
colon; 
(B) in subparagraph (U)(iii), by striking 
‘‘or’’ at the end; 
(C) in subparagraph (V)(ii)(II), by striking 
the period at the end and inserting ‘‘; or’’; and 
(D) by adding at the end the following: 
‘‘(W) subject to section 214(s), an alien who 
seeks admission to the United States temporarily for 
the purpose of providing direct care, as a nursing 
assistant, a home health aide, a personal care aide, 
a psychiatric assistant or aide, a mobility assistant, 
or a child care provider, for 1 or more individuals 
who are— 
‘‘(i) retired or elderly; 
‘‘(ii) receiving— 
‘‘(I) 
disability 
insurance 
benefits 
under section 223 of the Social Security 
Act (42 U.S.C. 423) or monthly insurance 
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209 
benefits under section 202 of such Act (42 
U.S.C. 402) based on such individuals’ dis-
ability; or 
‘‘(II) supplemental security income 
benefits under title XVI of the Social Secu-
rity Act (42 U.S.C. 1381 et seq.) on the 
basis of blindness or disability; or 
‘‘(iii) too young to be eligible for a free 
public education (as defined in section 8101 of 
the No Child Left Behind Act of 2001 (20 
U.S.C. 7801) in the State or territory in which 
such individuals are residing.’’. 
(2) REQUIREMENTS APPLICABLE TO THE CON-
CERN FOR ADVANCED RETIRED AND ELDERLY NON-
IMMIGRANT VISA PROGRAM.—Section 214 of the Im-
migration and Nationality Act (8 U.S.C. 1184) is 
amended by adding at the end the following: 
‘‘(s) CONCERN FOR ADVANCED RETIRED AND EL-
DERLY (CARE) NONIMMIGRANT VISA PROGRAM.— 
‘‘(1) DEFINED TERM.—The term ‘CARE visa’ 
means a visa issued to an alien described in section 
101(a)(15)(W) in accordance with the requirements 
under this section. 
‘‘(2) SELECTION OF APPLICANTS.— 
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210 
‘‘(A) IN
GENERAL.—The Secretary of 
State, in coordination with the Attorney Gen-
eral, the Secretary of Homeland Security, the 
Secretary of Labor, and the Secretary of Health 
and Human Services, shall work with the Amer-
icas partner country (as defined in section 2 of 
the Americas Act) to identify, vet, train, and 
certify applicants for CARE visas. 
‘‘(B) APPLICATION PROCESS.— 
‘‘(i) IN GENERAL.—The Secretary of 
State, in coordination with the Americas 
partner country and private entities, shall 
establish a process by which an alien may 
apply to be considered for a CARE visa. 
‘‘(ii) CERTIFICATION REQUIRED.— 
‘‘(I) IN
GENERAL.—The Sec-
retary of State may not approve an 
application for a CARE visa unless 
the alien has first applied to the Sec-
retary of Labor for, and obtained, a 
certification that— 
‘‘(aa) there are not suffi-
cient workers who are able, will-
ing, and qualified, and who will 
be available at the time and place 
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211 
needed, to perform the labor or 
services involved in the applica-
tion; and 
‘‘(bb) the employment of the 
alien in such labor or services 
will not adversely affect the 
wages and working conditions of 
workers in the United States 
similarly employed. 
‘‘(II) FEES.—The Secretary of 
Labor may require, by regulation, as 
a condition of issuing a certification 
under clause (i), the payment of a fee 
to recover the reasonable costs of 
processing applications for certifi-
cation. 
‘‘(C) TRAINING.—With respect to each 
alien selected to apply for a CARE visa, the 
Secretary of State shall coordinate with the 
Secretary of Labor and the applicable Americas 
partner country to provide training on direct 
care 
of 
individuals 
described 
in 
section 
101(a)(15)(W)— 
‘‘(i) in the primary language of the 
Americas partner country, as applicable; 
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212 
‘‘(ii) with respect to the direct care of 
retired or elderly individuals, in accordance 
with the standards applicable to a nurse 
aide training and competency evaluation 
program under sections 483.152 and 
483.154 of title 42, Code of Federal Regu-
lations (or successor regulations); and 
‘‘(iii) for the purpose of serving tem-
porarily as a nursing assistant, home 
health aide, personal care aide, psychiatric 
assistant, mobility assistant, or child care 
provider in the United States. 
‘‘(D) COMPETENCY EVALUATION AND CER-
TIFICATION.— 
‘‘(i) IN GENERAL.—On completion of 
the training provided under subparagraph 
(B), an alien seeking a CARE visa for the 
purpose of providing direct care for an 
alien described in section 101(a)(15)(W)(i) 
shall be evaluated for competency in ac-
cordance with the standards applicable to a 
nurse aide training and competency evalua-
tion program under sections 483.152 and 
483.154 of title 42, Code of Federal Regu-
lations (or successor regulations). 
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213 
‘‘(ii) CERTIFICATION.—If the Sec-
retary of State makes a determination that 
an individual described in clause (i) has at-
tained competency in accordance with the 
standards referred to in such clause, the 
Secretary may certify such individual for a 
CARE visa. 
‘‘(E) NUMERICAL LIMITATION.—Not more 
than 50,000 CARE visas may be issued annu-
ally under this subsection. 
‘‘(3) PROHIBITIONS.—The Secretary of State 
may not issue a CARE visa to any individual who— 
‘‘(A) has not been certified under para-
graph (2)(C)(ii) (unless such individual will 
only be providing direct care to an individual 
described in clause (ii) or (iii) of section 
101(a)(15)(W)); or 
‘‘(B) has not completed security and law 
enforcement background checks to the satisfac-
tion of the Secretary of Homeland Security. 
‘‘(4) ENGLISH
LANGUAGE
NOT
REQUIRED.— 
The issuance of a CARE visa or the admission of an 
alien to the United States pursuant to a CARE visa 
may not be conditioned on English-language com-
petency. 
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214 
‘‘(5) PERIOD
OF
AUTHORIZED
ADMISSION.— 
The period of authorized admission for a non-
immigrant described in section 101(a)(15)(W) who 
has been issued a CARE visa shall be not more than 
7 years and may not be renewed or extended for any 
reason.’’. 
(3) PROTECTIONS
FOR
VICTIMS
OF
TRAF-
FICKING.—Section 203 of the William Wilberforce 
Trafficking Victims Protection Reauthorization Act 
of 2008 (8 U.S.C. 1375c) is amended— 
(A) in the section heading, by striking 
‘‘AND G–5’’ and inserting ‘‘, G–5, AND CARE’’; 
(B) in subsection (a)— 
(i) in the subsection heading, by strik-
ing ‘‘AND G–5’’ and inserting ‘‘, G–5, AND 
CARE’’; and 
(ii) in paragraph (1)— 
(I) in subparagraph (A)— 
(aa) by striking ‘‘subsection 
(d)(2)’’ and inserting ‘‘subsection 
(b)(2)’’; and 
(bb) by striking ‘‘; or’’ and 
inserting a semicolon; 
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215 
(II) in subparagraph (B), by 
striking the period at the end and in-
serting ‘‘; and’’; and 
(III) by adding at the end the 
following: 
‘‘(C) a CARE visa unless the applicant is 
employed, or has signed a contract to be em-
ployed to provide direct care, as a nursing as-
sistant, a home health aide, a personal care 
aide, a psychiatric assistant or aide, a mobility 
assistant, or a child care for individual de-
scribed in section 101(a)(15)(W) of the Immi-
gration 
and 
Nationality 
Act 
(8 
U.S.C. 
1101(a)(15)(W)).’’; 
(C) in subsection (b)— 
(i) in the subsection heading— 
(I) by striking ‘‘AND G–5’’ and 
inserting ‘‘, G–5, AND CARE’’; and 
(II) by striking ‘‘EMPLOYED BY 
DIPLOMATS
AND STAFF
OF INTER-
NATIONAL ORGANIZATIONS’’; 
(ii) in paragraph (1), in the matter 
preceding subparagraph (A), by striking 
‘‘or a G–5 visa’’ and inserting ‘‘, a G–5 
visa, or a CARE visa’’; and 
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216 
(iii) in paragraph (4)(A), by striking 
‘‘or a G–5 visa’’ and inserting ‘‘, a G–5 
visa, or a CARE visa’’; 
(D) in subsection (c)(1)— 
(i) in subparagraph (A), by striking 
‘‘or a G–5 visa’’ and inserting ‘‘, a G–5 
visa, or a CARE visa’’; and 
(ii) in subparagraph (C)— 
(I) by striking ‘‘or a G–5 visa’’ 
and inserting ‘‘, a G–5 visa, or a 
CARE visa’’; and 
(II) by striking ‘‘or G–5 non-
immigrant’’ and inserting ‘‘, G–5, or 
CARE nonimmigrant’’; 
(E) in subsection (e), by striking ‘‘or a G– 
5 visa’’ and inserting ‘‘, a G–5 visa, or a CARE 
visa’’; and 
(F) in subsection (f), by adding at the end 
the following: 
‘‘(5) CARE VISA.—The term ‘CARE visa’ 
means a nonimmigrant visa issued pursuant to sub-
paragraph (W) of section 101(a)(15) of the Immi-
gration 
and 
Nationality 
Act 
(8 
U.S.C. 
1101(a)(15)).’’. 
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217 
(d) AUTHORIZATION TO HIRE ADDITIONAL EMBASSY 
PERSONNEL.—The Secretary of State may increase the 
number of foreign service officers stationed at United 
States embassies in order to ensure the efficient adjudica-
tion of visa applications associated with the Concern for 
Advanced Retired and Elderly nonimmigrant visa pro-
gram. 
SEC. 267. SENSE OF CONGRESS ON TN VISA PROGRAM. 
It is the sense of Congress that the President should 
incorporate into the periodic review of the USMCA for 
2026 a discussion of the establishment of a TN visa cat-
egory for low-skill workers. 
SEC. 268. ASSESSMENT OF VISA WAIVER PROGRAM ELIGI-
BILITY FOR URUGUAY AND COSTA RICA. 
Not later than 90 days after the date of the enact-
ment of this Act, the Secretary of Homeland Security, in 
consultation with the Secretary of State, shall submit to 
Congress a report that includes— 
(1) an assessment as to whether Uruguay meets 
the eligibility criteria for designation as a program 
country for purposes of the visa waiver program 
under section 217 of the Immigration and Nation-
ality Act (8 U.S.C. 1187); 
(2) an assessment as to whether Costa Rica 
meets such eligibility criteria; and 
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218 
(3) in the case of an assessment that Uruguay 
or Costa Rica does not meet such eligibility criteria, 
a description of the actions required of such country 
in order to meet such criteria. 
SEC. 269. RADIO FREE AMERICAS. 
(a) AUTHORITY.—The Secretary of State, the Admin-
istrator of the United States Agency for International De-
velopment, the Secretary of Commerce, or the head of any 
other relevant Federal department may award annual 
grants to a country in Latin America or the Caribbean 
for the purpose of carrying out a broadcasting service, 
which— 
(1) shall be known as ‘‘Radio Free Americas’’; 
(2) shall consist of radio, television, social 
media, and other public communications efforts; and 
(3) may not result in any curtailment of the on-
going work of Radio Martı´. 
(b) FUNCTIONS.—Radio Free Americas shall— 
(1) provide accurate and timely information, 
news, and commentary about events in the Americas 
and in other places around the world; and 
(2) be a forum for a variety of opinions and 
voices from within nations in the Western Hemi-
sphere whose people do not fully enjoy freedom of 
expression. 
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(c) GRANT AGREEMENT.— 
(1) IN GENERAL.—Any grant awarded under 
this section shall be subject to the limitations and 
restrictions set forth in paragraphs (2) through (5). 
(2) LOCATION OF HEADQUARTERS.—No grant 
may be awarded under this section unless the head-
quarters of Radio Free Americas and its senior ad-
ministrative and managerial staff are in a location 
that ensures economy, operational effectiveness, and 
accountability to the United States Government. 
(3) OBLIGATIONS.—Any agreement governing a 
grant awarded under this section shall require that 
any contract entered into by the grantee on behalf 
of Radio Free Americas specifies that all obligations 
related to the functions described in subsection (b) 
be assumed by Radio Free Americas and not by the 
United States Government. 
(4) LEASE
AGREEMENTS.—Any such grant 
agreement shall require that any lease agreements 
entered into by the grantee on behalf of Radio Free 
Americas be assignable to the United States Govern-
ment, to the maximum extent possible. 
(5) 
LIMITATION
ON
ACTIVITIES; 
TERMI-
NATIONS.—Grants awarded under this section shall 
be made pursuant to a grant agreement— 
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220 
(A) requiring that grant funds be used 
only for activities in accordance with this sec-
tion; and 
(B) specifying that failure to comply with 
the requirements under this section authorizes 
the termination of the agreement without fiscal 
obligation to the United States. 
(d) SENSE OF CONGRESS REGARDING ADMINISTRA-
TIVE AND MANAGERIAL COSTS.—It is the sense of Con-
gress that administrative and managerial costs for the op-
eration of Radio Free Americas— 
(1) should be kept to a minimum; and 
(2) should not exceed the costs that would have 
been incurred if Radio Free Americas had been op-
erated as a Federal entity rather than through a 
grantee. 
(e) ASSESSMENT OF THE EFFECTIVENESS OF RADIO 
FREE AMERICAS.—Not later than 3 years after the date 
on which initial funding is provided for the purpose of op-
erating Radio Free Americas, the Secretary of State shall 
submit a report to the appropriate congressional commit-
tees regarding— 
(1) whether Radio Free Americas— 
(A) is technically sound and cost-effective; 
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(B) consistently meets the standards for 
quality and objectivity established under this 
section; and 
(C) is received by a sufficient audience to 
warrant its continued operations; 
(2) the extent to which the information, news, 
and commentary provided by Radio Free Americas 
is also being received by the target audience from 
other credible sources; and 
(3) the extent to which the interests of the 
United States are being served by maintaining the 
operations of Radio Free Americas. 
(f) NOTIFICATION AND CONSULTATION REGARDING 
DISPLACEMENT
OF
VOICE
OF
AMERICA
BROAD-
CASTING.—The Chief Executive Officer of the United 
States Agency for Global Media shall notify the appro-
priate congressional committees before— 
(1) entering into any agreement for the utiliza-
tion of Voice of America transmitters, equipment, or 
other resources that will significantly reduce the 
broadcasting activities of the Voice of America in the 
Americas or in any other region in order to accom-
modate the broadcasting activities of Radio Free 
Americas; or 
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222 
(2) entering into any agreements in regard to 
the utilization of Radio Free Americas transmitters, 
equipment, or other resources that will significantly 
reduce the broadcasting activities of Radio Free 
Americas. 
(g) ALTERNATIVE GRANTEE.—If the Chief Executive 
Officer of the United States Agency for Global Media de-
termines that Radio Free Americas is not carrying out the 
functions described in subsection (b) in an effective and 
economical manner, the Chief Executive Officer may 
award the grant to carry out such functions to another 
entity. 
(h) FEDERAL STATUS.—Nothing in this section may 
be construed to make Radio Free Americas a Federal 
agency or instrumentality. 
(i) FUNDING.—The Secretary of State may expend 
such sums as may be necessary from the Re-shoring and 
Near-shoring Account established under section 301 to 
carry out this section. 
SEC. 270. BIENNIAL PRESIDENTIAL SUMMIT. 
Not less frequently than biennially, the President, in 
consultation with the Secretary of State, shall host a sum-
mit for Americas partner countries during which such 
countries shall highlight and showcase successful invest-
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223 
ments, endeavors, and programs associated with activities 
authorized under this Act. 
TITLE III—REVENUE AND 
FINANCIAL MANAGEMENT 
SEC. 301. RE-SHORING AND NEAR-SHORING ACCOUNT. 
(a) IN GENERAL.—There is established within the 
Treasury of the United States an account to be known 
as the ‘‘Re-shoring and Near-shoring Account’’ (in this 
section referred to as the ‘‘Account’’), consisting of such 
amounts as are— 
(1) appropriated pursuant to the authorization 
of appropriations under subsection (c); 
(2) deposited into or transferred to the Account 
as specified in title II or subsection (c) of section 
321 of Tariff Act of 1930, as added by section 302; 
and 
(3) credited to the Account under subsection 
(d). 
(b) USE OF AMOUNTS.—Amounts in the Account 
shall be available, without further appropriation, to carry 
out titles I and II. 
(c) AUTHORIZATION OF APPROPRIATIONS.— 
(1) IN GENERAL.—There are authorized to be 
appropriated $500,000,000 for fiscal year 2024 for 
initial capitalization of the Account. 
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224 
(2) REIMBURSEMENT OF TREASURY.—Not later 
than 2 years after the date of the enactment of this 
Act, the Account shall reimburse the treasury for 
the amount appropriated pursuant to the authoriza-
tion of appropriations under paragraph (1). 
(d) INVESTMENT OF AMOUNTS.— 
(1) IN GENERAL.—Except as provided in para-
graph (2), the Secretary of the Treasury shall invest 
such portion of the Account as is not required to 
meet current withdrawals in interest-bearing obliga-
tions of the United States or in obligations guaran-
teed as to both principal and interest by the United 
States. 
(2) AUTHORIZATION OF INVESTMENT IN OTHER 
INSTRUMENTS.— 
(A) IN GENERAL.—The Secretary of the 
Treasury may invest such portion of the Ac-
count as the Secretary anticipates will be held 
in the Account for not less than 2 years in eq-
uity securities or other securities through a 
commercial bank if the Secretary determines 
such investments are appropriate. 
(B) DEFINITIONS.—In this paragraph, the 
terms ‘‘equity security’’ and ‘‘security’’ have the 
meanings given those terms in section 3(a) of 
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225 
the Securities Exchange Act of 1934 (15 
U.S.C. 78c(a)). 
(3) INTEREST
AND
PROCEEDS.—The interest 
on, and the proceeds from the sale or redemption of, 
any obligations held in the Account shall be credited 
to and form a part of the Account. 
SEC. 302. MODIFICATION OF TREATMENT OF DE MINIMIS 
ENTRIES OF ARTICLES. 
Section 321 of Tariff Act of 1930 (19 U.S.C. 1321) 
is amended— 
(1) by amending subsection (a)(2)(C) to read as 
follows: 
‘‘(C) in any other case, such amount as the 
Secretary establishes under subsection (c)(1).’’; 
and 
(2) by adding at the end the following: 
‘‘(c) TREATMENT OF DE MINIMIS ENTRIES.— 
‘‘(1) RECIPROCITY WITH RESPECT TO DE MINI-
MIS ENTRIES.— 
‘‘(A) ESTABLISHMENT OF THRESHOLDS.— 
‘‘(i) IN
GENERAL.—Not later than 
180 days after the date of the enactment 
of the Americas Act, the Secretary of the 
Treasury shall prescribe regulations to es-
tablish dollar amount thresholds, which 
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226 
may not exceed $800, for de minimis en-
tries for purposes of subsection (a)(2)(C). 
‘‘(ii) REQUIREMENTS.—The Secretary 
shall establish a threshold under clause (i) 
for each country that is equal to the sum 
of— 
‘‘(I) the dollar amount threshold 
of that country for de minimis entries 
from the United States; and 
‘‘(II) any related thresholds of 
that country, such as a threshold re-
lating to a value-added tax on im-
ports. 
‘‘(iii) PUBLICATION; NOTIFICATION.— 
Not later than 180 days after the date of 
the enactment of the Americas Act, and 
annually thereafter, the Secretary shall— 
‘‘(I) publish the threshold estab-
lished under clause (i) in the Federal 
Register; and 
‘‘(II) notify the governments of 
foreign countries of the threshold. 
‘‘(B) TRANSFER
OF
AMOUNTS
ATTRIB-
UTABLE TO DE MINIMIS ENTRIES TO RE-SHOR-
ING AND NEAR-SHORING ACCOUNT.— 
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227 
‘‘(i) IN GENERAL.—The Secretary of 
the Treasury shall transfer to the Re-shor-
ing and Near-shoring Account established 
under section 301 of the Americas Act 
from the general fund of the Treasury, for 
fiscal year 2024 and each fiscal year there-
after, an amount equivalent to the amount 
received into the general fund during that 
fiscal year that the Secretary determines is 
attributable to revenue received as a result 
of the dollar amount thresholds established 
under subparagraph (A). 
‘‘(ii) FREQUENCY
OF
TRANSFERS.— 
The Secretary shall transfer amounts re-
quired by clause (i) to be transferred to 
the Re-shoring and Near-shoring Account 
not less frequently than quarterly. 
‘‘(2) PROHIBITION
ON
DE
MINIMIS
ENTRIES 
FROM CERTAIN COUNTRIES.— 
‘‘(A) IN
GENERAL.—Not later than one 
year after the date of the enactment of the 
Americas Act, and annually thereafter, the Sec-
retary of the Treasury shall publish a list of 
countries the articles of which are not eligible 
for entry under subsection (a)(2)(C). 
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228 
‘‘(B) CRITERIA FOR INCLUSION.— 
‘‘(i) IN
GENERAL.—Not later than 
180 days after the date of the enactment 
of the Americas Act, the Secretary shall 
establish, and submit to Congress a report 
on, the conditions for including a country 
on the list required by subparagraph (A). 
‘‘(ii) 
CONSIDERATIONS.—In 
estab-
lishing under clause (i) conditions for in-
cluding a country on the list required by 
subparagraph (A), the Secretary shall con-
sider the following: 
‘‘(I) Violations by the country of 
the Act entitled ‘An Act to ensure 
that goods made with forced labor in 
the Xinjiang Autonomous Region of 
the People’s Republic of China do not 
enter the United States market, and 
for other purposes’, approved Decem-
ber 23, 2021 (Public Law 117–78; 
135 Stat. 1525) (commonly referred 
to as the ‘Uyghur Forced Labor Pre-
vention Act’). 
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229 
‘‘(II) Transshipment through the 
country of goods from countries on 
the list. 
‘‘(III) The exportation from the 
country of counterfeit goods. 
‘‘(IV) Whether the government of 
the country is committed to the fight 
against trafficking in persons, illegal 
narcotics, and terrorism, as dem-
onstrated by— 
‘‘(aa) the government of the 
country not being listed under 
subparagraph 
(C) 
of 
section 
110(b)(1) of the Trafficking Vic-
tims Protection Act of 2000 (22 
U.S.C. 7107(b)(1)) (commonly 
referred to as ‘tier 3’) in the 
most recent report on trafficking 
in persons required under such 
section (commonly referred to as 
the ‘Trafficking in Persons Re-
port’); and 
‘‘(bb) certification by the 
Department of State that the 
government is participating in 
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230 
the fight against illegal narcotics 
and terrorism. 
‘‘(V) Harm to industry in the 
United States. 
‘‘(VI) Public safety risks posed 
by imports from the country to United 
States consumers. 
‘‘(VII) The flow of narcotics from 
the country into the United States. 
‘‘(VIII) Such other issues as the 
Secretary considers appropriate. 
‘‘(C) COUNTRIES
REQUIRED
TO
BE
IN-
CLUDED.— 
‘‘(i) IN
GENERAL.—The following 
countries shall be included on the list re-
quired by subparagraph (A), effective on 
the date of the enactment of the Americas 
Act: 
‘‘(I) The People’s Republic of 
China. 
‘‘(II) The Russian Federation. 
‘‘(ii) REMOVAL FROM LIST.—A coun-
try specified in clause (i) may not be re-
moved from the list required by subpara-
graph (A) until the Secretary certifies to 
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231 
Congress that the government of the coun-
try has made progress with respect to the 
considerations described in subparagraph 
(B)(ii). 
‘‘(D) REMOVAL.— 
‘‘(i) IN
GENERAL.—The government 
of a country on the list required by sub-
paragraph (A) may petition the Secretary 
for removal from the list. 
‘‘(ii) RESPONSE TIME.—The Secretary 
shall— 
‘‘(I) respond to a petition sub-
mitted under clause (i) not later than 
90 days after receiving the petition; 
and 
‘‘(II) include in that response a 
description of any measures the gov-
ernment that submitted the petition is 
required to undertake to be removed 
from the list. 
‘‘(E) CONSULTATIONS WITH CONGRESS.— 
The Secretary shall consult with Congress be-
fore adding a country to or removing a country 
from the list required by subparagraph (A). 
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232 
‘‘(3) LIMITATIONS
ON
ELIGIBILITY
OF
CAR-
RIERS
FOR
IMPORTATION
OF
DE
MINIMIS
EN-
TRIES.— 
‘‘(A) IN GENERAL.—An article is eligible 
for entry under subsection (a)(2)(C) only if the 
article is transported to the United States by a 
contract carrier or customs broker. 
‘‘(B) DATA
REQUIREMENTS.—A contract 
carrier or customs broker seeking to enter an 
article under subsection (a)(2)(C) shall provide 
the following data with respect to the article: 
‘‘(i) The heading or subheading of the 
Harmonized Tariff Schedule of the United 
States under which the article is classifi-
able. 
‘‘(ii) The country of origin of the arti-
cle. 
‘‘(iii) The country of manufacture of 
the article (if different from the country of 
origin under clause (ii)). 
‘‘(iv) The shipper of record. 
‘‘(v) The importer of record. 
‘‘(vi) A description of the article. 
‘‘(vii) The fair market value in the 
United States of the article. 
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233 
‘‘(C) 
COLLECTION
OF
DUTIES
AND 
TAXES.—A contract carrier or customs broker 
transporting articles entering under subsection 
(a)(2)(C) shall be responsible for collecting the 
duties and taxes owed with respect to such arti-
cles and remitting those duties and taxes to 
U.S. Customs and Border Protection. 
‘‘(D) DEFINITIONS.—In this paragraph: 
‘‘(i) CONTRACT CARRIER.—The term 
‘contract carrier’ means a private entity 
that— 
‘‘(I) is organized under the laws 
of the United States or any jurisdic-
tion within the United States; and 
‘‘(II) ships small packages into 
the United States by air or land. 
‘‘(ii) CUSTOMS
BROKER.—The term 
‘customs broker’ means a person holding a 
valid customs broker’s license issued under 
section 641(b) of the Tariff Act of 1930 
(19 U.S.C. 1641(b)). 
‘‘(4) DE
MINIMIS
ENTRY
DEFINED.—In this 
subsection, the term ‘de minimis entry’ means the 
entry of articles imported by one person on one day 
with a fair retail value that does not exceed— 
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234 
‘‘(A) in the case of articles entering the 
United States, the applicable threshold estab-
lished under paragraph (1)(A); and 
‘‘(B) in the case of articles entering any 
other country, an amount determined by the 
government of that country to be de minimis.’’. 
TITLE IV—REPORTING AND 
BRANDING 
SEC. 401. ANNUAL REPORT ON AMERICAS PROGRAM. 
(a) IN GENERAL.—Not later than December 31 of 
each year that begins after the date of the enactment of 
this Act, the Secretary of Commerce, in consultation with 
the officials specified in subsection (b), shall submit to the 
Committee on Finance of the Senate and the Committee 
on Ways and Means of the House of Representatives a 
report on activities carried out under the Americas pro-
gram during the preceding fiscal year. 
(b) OFFICIALS SPECIFIED.—The officials specified in 
this subsection are the following: 
(1) The Administrator of the United States 
Agency for International Development. 
(2) The United States Trade Representative. 
(3) The Secretary of State. 
(4) The Secretary of Homeland Security. 
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235 
(5) Such other officials as the Secretary of 
Commerce considers appropriate. 
(c) ASSESSMENT
OF ACTIVITIES CONDUCTED
IN 
PRECEDING YEAR.—Each report required by subsection 
(a) shall include the following for the fiscal year covered 
by the report: 
(1) A statement of the number of Americas 
partner countries. 
(2) An assessment of the effectiveness of loans 
and other incentives provided under section 212 with 
respect to re-shoring and near-shoring that includes 
an estimate of— 
(A) the number of entities re-shored or 
near-shored; and 
(B) the number of jobs created in the 
United States and Americas partner countries 
as a result of such re-shoring and near-shoring. 
(3) An assessment of the status of negotiations 
for the expansion of the USMCA under section 222 
that includes— 
(A) an identification of the countries par-
ticipating in those negotiations; 
(B) an estimate of the amount of trade be-
tween those countries and the United States; 
and 
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236 
(C) an identification of any significant 
challenges relating to those negotiations. 
(4) An assessment of the status of negotiations 
for the expansion of countries that are CBTPA ben-
eficiary countries (as defined in section 213(b)(5) of 
the Caribbean Basin Economic Recovery Act (19 
U.S.C. 2703(b)), as amended by section 224) that 
includes— 
(A) an identification of the countries par-
ticipating in those negotiations; 
(B) an estimate of the amount of trade be-
tween those countries and the United States; 
and 
(C) an identification of any significant 
challenges relating to those negotiations. 
(5) An assessment of the activities of the 
BUILD Americas Unit that includes— 
(A) a description of the financial instru-
ments used under section 252 and the amounts 
issued under such instruments; 
(B) an assessment of the repayment rates; 
(C) a copy of each grant, loan, guaranty, 
or insurance agreement; 
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(D) a list of projects carried out using 
such grants, loans, guaranties, or insurance; 
and 
(E) a statement of the amount expended 
by the Corporation and the amount provided to 
the Re-shoring and Near-shoring Account es-
tablished under section 301. 
(6) An assessment of the activities of the Amer-
icas Partnership Enterprise Fund established under 
section 253 that includes— 
(A) an identification of the country in 
which the Fund is registered; 
(B) a copy of the registration documents 
for the Fund; 
(C) a description of the grants, loans, and 
technical assistance provided by the Fund; and 
(D) an assessment of the repayment rate 
of loans provided by the Fund. 
(7) An assessment of activities carried out 
under section 254 relating to near-shoring of stra-
tegic supply chains. 
(8) An assessment of activities carried out by 
the Office of Energy of the Export-Import Bank of 
the 
United 
States 
established 
under 
section 
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2(b)(1)(C) of the Export-Import Bank Act of 1945, 
as amended by section 255(b). 
(9) An assessment of activities carried out by 
the United States International Development Fi-
nance Corporation under title II, including activities 
of the Chief Energy Officer of the United States 
International Development Finance Corporation es-
tablished under subsection (j) of section 1413 of the 
BUILD Act, as added by section 255(a). 
(10) An assessment of humanitarian and busi-
ness development assistance provided under section 
261 that includes— 
(A) a list of the recipients of such assist-
ance; and 
(B) a description of the assistance pro-
vided. 
(11) A description of the cultural affairs pro-
gramming provided under section 262. 
(12) An assessment of efforts conducted under 
section 263 to increase the number of Peace Corps 
volunteers in Americas partner countries that in-
cludes an identification of the number of such volun-
teers and the countries to which such volunteers are 
assigned. 
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(13) An assessment of activities carried out 
under section 264 relating to the American Univer-
sity of the Americas that includes— 
(A) a list of campus locations; 
(B) the number of students attending each 
such campus; and 
(C) a list of degrees offered by the univer-
sity. 
(14) An assessment of the programming pro-
vided by the United States Agency for Global Media 
under section 269 that includes— 
(A) a list of programs provided; and 
(B) an assessment of the number and loca-
tions of listeners to such programs. 
(15) If a summit was conducted under section 
270 in the year preceding the submission of the re-
port— 
(A) an assessment of the success of the 
summit; 
(B) the location of the summit; and 
(C) an identification of the attendees of 
the summit. 
(d) 
FINANCIAL
PROJECTIONS
FOR
UPCOMING 
YEAR.—Each report required by subsection (a) shall in-
clude a projection of the amount of funds required for the 
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fiscal year that begins after submission of the report, 
disaggregated by agency and purpose. 
SEC. 402. BRANDING AND MARKETING FOR AMERICAS PRO-
GRAM. 
Branding and marketing for the Americas program 
shall be conducted in a manner consistent with the Visibly 
American branding policies of the Department of State. 
Æ 
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