European Energy Security and Diversification Act of 2019

Hozzl · 2022-11-01T17:17:23Z

Explore the details of Senate Bill 704 European Energy Security and Diversification Act of 2019 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on International Affairs. Stay informed on legislative developments.

11/1/2022, 5:17 PM

Congressional Summary of S 704

European Energy Security and Diversification Act of 2019

This bill directs the Department of State to prioritize assistance to develop energy infrastructure in Europe and Eurasia, in particular for projects involving the European Commission and countries in the region. Assistance shall include political and diplomatic support and funding assistance.

Projects eligible for such assistance include projects that improve electricity transmission infrastructure, energy efficiency, or power generation. The State Department shall give preference to projects that (1) link the energy systems of regional countries, (2) have been identified by the European Commission as integral for regional energy security, (3) are expected to enhance energy market integration and transparency, (4) can attract other sources of funding, and (5) can potentially use U.S. goods and services.

The President shall report to Congress annually about U.S. assistance provided under this bill.

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Current Status of Bill S 704

Bill S 704 is currently in the status of Bill Introduced since March 7, 2019. Bill S 704 was introduced during Congress 116 and was introduced to the Senate on March 7, 2019. Bill S 704's most recent activity was Placed on Senate Legislative Calendar under General Orders. Calendar No. 331. as of December 17, 2019

Bipartisan Support of Bill S 704

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 704

Primary Policy Focus

International Affairs

Potential Impact Areas

- Alternative and renewable resources

- Asia

- Business investment and capital

- Collective security

- Competition and antitrust

- Congressional oversight

- Diplomacy, foreign officials, Americans abroad

- Economic performance and conditions

- Electric power generation and transmission

- Energy storage, supplies, demand

- Environmental regulatory procedures

- Europe

- Foreign aid and international relief

- International organizations and cooperation

- Multilateral development programs

- Oil and gas

- Public-private cooperation

- Russia

- Sovereignty, recognition, national governance and status

Alternate Title(s) of Bill S 704

European Energy Security and Diversification Act of 2019

A bill to prioritize the efforts of and enhance coordination among United States agencies to encourage countries in Central and Eastern Europe to diversify their energy sources and supply routes, increase Europe's energy security, and help the United States reach its global energy security goals, and for other purposes.