U.S. expands export financing for quantum technology to counter China

What it does

This bill amends the Export-Import Bank Act to expand the types of technology the U.S. government can finance for export to counter China's technological advances. Specifically, it broadens the definition from 'quantum computing' to the wider category 'quantum information science and technology,' allowing the Export-Import Bank to finance more quantum-related exports and research partnerships. The primary beneficiary is the U.S. quantum technology sector, which gains access to government-backed export financing.

Why we flagged it

The bill's sole operative function is to broaden the definition of eligible quantum technology exports under the Export-Import Bank's China-focused financing program. It is a targeted sectoral expansion of government export credit eligibility, not a general appropriation or regulatory change.

What the text implies

• Expands Ex-Im Bank's authority to finance quantum technology exports without specifying which quantum sub-sectors (sensors, communications, computing, simulation) are prioritized, potentially allowing financing of dual-use technologies with both civilian and military applications.
• The term 'quantum information science and technology' is broader than 'quantum computing' and may encompass quantum networking, quantum sensing, and quantum metrology — areas with direct national security implications that may not have been previously eligible.
• No new appropriations or budget authority are created; the bill operates within existing Ex-Im Bank lending capacity, meaning quantum exports may displace financing for other sectors or countries.

Section numbers refer to the bill text the analysis read — linked under Primary records below.

Who it affects

Citizens benefit from government support for a strategically important technology sector that may strengthen U.S. competitiveness and national security. However, the bill primarily serves private quantum technology companies by expanding their access to subsidized export financing, and the public interest in this particular mechanism (government-backed export credit) is indirect and depends on whether those exports generate broader economic or security returns.

Who stands to gain

• quantum computing companies
• quantum technology startups and manufacturers
• quantum sensor and communications firms
• U.S. exporters in quantum information science sectors

Named in the bill

Export-Import Bank of the United States, Export-Import Bank Act of 1945, China, quantum information science and technology sector

Where it stands

1 cosponsor: 1 Republicans.

• Jun 18, 2026 — Introduced · Congress.gov: “Introduced in Senate”
• Jun 18, 2026 — Referred to Senate Committee on Banking, Housing, and Urban Affairs · Congress.gov: “Read twice and referred to the Committee on Banking, Housing, and Urban Affairs”

Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.

Money around this bill

1 lobbying clients named this bill on 1 disclosure filings across 1 quarter, Jun 2026 to Jun 2026. Those filings disclosed $50,000 in lobbying spend. A filing names 16 bills on average, so that figure is what each filing reported, not a share belonging to this bill.

More lobbying clients named this bill than 0% of bills with at least one filing.

Andy Kim, the sponsor, reported $74,900 in PAC receipts in the 2026 cycle.

• Quantum Industry Coalition — $50,000 on 1 filing

Lobbying Disclosure Act filings through Jul 14, 2026. A filing shows who paid to lobby on a bill it names, not what changed.