Las Americas Energy Security Act

This bill would require the Treasury Department, with the State Department's agreement, to create a government-to-government loan program within 30 days for eligible Latin American and Caribbean countries. Loans would support short-term energy needs, clean and renewable energy projects, technical assistance, and battery purchases, and would be zero-interest for up to 30 years or low-interest for up to 50 years. Loan funds could not go to companies tied to the governments of China, Russia, or other foreign adversaries, and loans could not require austerity measures. The bill authorizes $100 million per year for fiscal years 2026 through 2031 and directs the State Department and other agencies to prioritize support for energy infrastructure projects in the region, with annual reports and audits to Congress.

Full text and official record on Congress.gov

Sponsors

• Adriano Espaillat Democrat sponsor
• 0 cosponsors