Bill Cassidy
Senator for Louisiana · Republican · United States
“262(i)) (referred to in this paragraph as the `reference product sponsor'), brings an action for infringement under this section against an applicant for approval of a biological product under section 351(k) of [[Page S4199]] such Act that references that reference product (referred to in this paragraph as the `subsection (k) applicant'),…”
“262(i)) (referred to in this paragraph as the `reference product sponsor'), brings an action for infringement under this section against an applicant for approval of a biological product under section 351(k) of [[Page S4199]] such Act that references that reference product (referred to in this paragraph as the `subsection (k) applicant'),…”
“People of my State and across the country support this bill and have contacted my office asking that Congress reinstate it, so that military spouse or the servicemember newly separated from the service, the working mom, the low-income family, the person being separated from jail, all these have the opportunity to work hard, contribute to…”
“People of my State and across the country support this bill and have contacted my office asking that Congress reinstate it, so that military spouse or the servicemember newly separated from the service, the working mom, the low-income family, the person being separated from jail, all these have the opportunity to work hard, contribute to…”
“Congressional Record, Volume 172 Issue 119 (Tuesday, July 21, 2026) [Congressional Record Volume 172, Number 119 (Tuesday, July 21, 2026)] [Senate] [Page S4200] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] CONSTITUTING THE MAJORITY PARTY'S MEMBERSHIP ON CERTAIN COMMITTEES FOR THE ONE HUNDRE…”
“Congressional Record, Volume 172 Issue 119 (Tuesday, July 21, 2026) [Congressional Record Volume 172, Number 119 (Tuesday, July 21, 2026)] [Senate] [Page S4200] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] CONSTITUTING THE MAJORITY PARTY'S MEMBERSHIP ON CERTAIN COMMITTEES FOR THE ONE HUNDRE…”
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“(f) Confidentiality.-- (1) In general.--In carrying out the certification program, the Secretary shall safeguard the confidentiality of all proprietary operational data, financial records, trade secrets, and personally identifiable information submitted in connection with a certification. (2) Exemption from foia.--Information in the registry maintained under subsection (d) shall be exempt from disclosure under section 552 of title 5, United States Code.”
“(e) Federal Program Eligibility.-- (1) In general.--The head of a Federal agency that administers a loan, grant, reimbursement, or procurement program for which eligibility, priority, or participation is based on certification under the certification program may rely on the registry maintained under subsection (d) to determine the eligibility, priority, or participation of an entity in that program, in accordance with applicable law (including regulations). (2) Requirement.--An entity shall not be granted eligibility for, priority for, or participation in a loan, grant, reimbursement, or procurement program for which that eligibility, priority, or participation is based on certification under the certification program unless the entity holds a valid certification under the certification program.”
“(d) Registry.--The Secretary shall maintain a publicly accessible registry of mining facilities and mining pools certified under the certification program, including-- (1) the effective dates of certification and renewal, if applicable; and (2) the applicable hardware sourcing standards under subsection (b)(3) with which the mining facility or mining pool is compliant, including whether the certification is a preferred certification under subsection (b)(3)(C).”
“(2) Applications.-- (A) In general.--To apply for certification under the certification program, an operator of a proof-of-work mining facility or mining pool shall submit to the Secretary an application, which shall contain information necessary for the Secretary to determine eligibility under subsection (b). (B) Disclosure.--An application submitted under subparagraph (A)-- (i) shall disclose ownership and control information sufficient to identify any person exercising control over the proof-of-work mining operations of the applicant; and (ii) shall not use any shell companies, passthrough entities, or nominee arrangements to obscure ownership or influence by a foreign adversary.”
“(4) Duration; renewal.--A certification under the certification program-- (A) shall be valid for a period of not more than 2 years; and (B) may be renewed only on a demonstration of continued compliance with all applicable requirements under this section. (5) Information sharing.--In carrying out the certification program, the Secretary may share information with, or request information from, the Secretary of Energy or the Secretary of Agriculture. (c) Application and Review Process.-- (1) In general.--In administering the certification program, the Secretary shall establish an application and review process for certification.”
“(D) Recognition of infrastructure conversion.--For the purposes of determining compliance with subparagraph (B) or (C), the Secretary shall consider proof-of-work mining hardware related to foreign adversaries to be removed from active deployment if the operator of the mining facility or mining pool demonstrates that the hardware has been replaced, repurposed, or retired in favor of proof-of-work mining hardware manufactured in the United States or a friendly nation, including infrastructure deployed for artificial intelligence training, inference, or grid-responsive computational operations.”
“(C) Preferred certifications.--During the period beginning on January 1, 2027, and ending on December 31, 2029, the Secretary may designate a certification of a mining facility or mining pool under the certification program as a preferred certification for Federal program eligibility if not more than 25 percent of the active proof-of-work mining hardware of the mining facility or mining pool is manufactured by an entity related to a foreign adversary.”
“(iv) Beginning on January 1, 2030, 0 percent of the active proof-of-work mining hardware of the mining facility or mining pool may be manufactured by an entity related to a foreign adversary. (B) Initial certifications.--The Secretary may issue a certification under the certification program before January 1, 2027, if-- (i) the applicable mining facility or mining pool has not purchased any proof-of-work mining equipment manufactured by any entity related to any foreign adversary since the date of enactment of this Act; and (ii) the operator of the applicable mining facility or mining pool submits to the Secretary a plan for achieving compliance with the hardware sourcing standards described in subparagraph (A).”
“(3) Hardware sourcing standards.-- (A) In general.--To be eligible for certification under the certification program, a mining facility or mining pool shall be in compliance with the following hardware sourcing standards: (i) Beginning on January 1, 2027, the mining facility or mining pool may not purchase any proof-of-work mining equipment manufactured by any entity related to any foreign adversary. (ii) Beginning on January 1, 2028, not more than 75 percent of the active proof-of-work mining hardware of the mining facility or mining pool may be manufactured by an entity related to a foreign adversary. (iii) Beginning on January 1, 2029, not more than 50 percent of the active proof-of-work mining hardware of the mining facility or mining pool may be manufactured by an entity related to a foreign adversary.”
“(2) Eligibility.--To be eligible for certification under the certification program-- (A) the proof-of-work mining operations of the mining facility or mining pool shall be physically located within the United States or a friendly nation; (B) in the case of the certification of a mining pool, the mining pool-- (i) shall be headquartered and operated in the United States or a friendly nation; and [[Page S3959]] (ii) shall not be owned, controlled, or subject to undue influence by an entity related to a foreign adversary; (C) in the case of the certification of a mining facility, the mining facility-- (i) shall not be owned, controlled, or subject to undue influence by an entity related to a foreign adversary; and (ii) shall participate in a mining pool described in subparagraph (B); (D) the mining facility or mining pool shall document and attest to compliance with the applicable hardware sourcing standards described in paragraph (3); (E) the mining facility or mining pool shall maintain cybersecurity protocols consistent with minimum standards established by the Secretary, including protection of network systems, private keys, remote access tools, and physical facilities; and (F) the mining facility or mining pool shall satisfy any additional criteria that the Secretary determines to be necessary to uphold the integrity of the certification.”
“(b) Certification Criteria and Administration.-- (1) In general.--Not later than 180 days after the date of enactment of this Act, the Secretary shall promulgate regulations governing the certification of mining facilities and mining pools under the certification program.”
“(2) Scope.--A certification under the certification program-- (A) shall not confer any regulatory license or waiver of legal requirements under any other provision of law (including regulations); (B) may serve as a basis for eligibility for, priority for, or participation in a Federal loan, grant, reimbursement, or procurement program, in accordance with applicable law or regulations; and (C) shall not be required for any mining facility or mining pool except as a condition of eligibility for, priority for, or participation in a program described in subparagraph (B), in accordance with applicable law or regulations.”
“(8) Proof-of-work mining.--The term ``proof-of-work mining'' means the operation of specialized hardware or computing systems to validate transactions and secure decentralized blockchain networks by solving cryptographic puzzles, resulting in the issuance of new units of a digital asset as a reward. (9) Secretary.--The term ``Secretary'' means the Secretary of Commerce. SEC. 1097. MINED IN AMERICA CERTIFICATION PROGRAM. (a) Establishment.-- (1) In general.--The Secretary shall establish a voluntary certification program, to be known as the ``Mined in America Certification Program'', to certify mining facilities and mining pools that meet the requirements established under this section.”
“(6) Mining facility.--The term ``mining facility'' means a physical site that houses and operates specialized computer hardware for the purpose of performing proof-of-work mining, including associated power, cooling, and network infrastructure. (7) Mining pool.--The term ``mining pool'' means a group of participants in a proof-of-work mining network that-- (A) combine their computational resources over a network to increase the probability of validating a block; and (B) share any resulting rewards in proportion to the contributed hash power of each participant.”
“(3) Foreign adversary.--The term ``foreign adversary'' has the meaning given the term ``covered nation'' in section 4872(f) of title 10, United States Code. (4) Friendly nation.--The term ``friendly nation'' means a foreign country that-- (A) is not a foreign adversary; and (B) the Secretary of State designates as an ally or partner of the United States for purposes of this subtitle. (5) High-density compute.--The term ``high-density compute'' means a computational operation or facility characterized by high power density and intensive processing workloads, including those used for artificial intelligence training, inference, blockchain validation, advanced data processing, and other energy intensive compute tasks.”
“(b) Purpose.--The purpose of this subtitle is to facilitate the objective described in subsection (a)(7) through the use of existing Federal programs and authorities. SEC. 1096. DEFINITIONS. In this subtitle: (1) Certification program.--The term ``certification program'' means the Mined in America Certification Program established under section 1097(a). (2) Demand response; demand-responsive.--The terms ``demand response'' and ``demand-responsive'' mean the capability of a facility, including a distributed energy system or controllable load, to adjust electricity consumption in response to price signals, grid reliability needs, or market incentives to enhance grid efficiency and resilience.”
“This subtitle may be cited as the ``Mined in America Act of 2026''. SEC. 1095. FINDINGS; PURPOSE. (a) Findings.--Congress finds that-- (1) blockchain and digital asset technologies serve an essential role in the future economic, technological, and strategic interests of the United States, as reflected in official statements from the President, bipartisan action in Congress, and recent legislation establishing oversight and regulatory frameworks for digital assets; (2) Bitcoin is the original digital asset, has operated through an open, decentralized network with no central authority for more than 15 years, and continues to demonstrate technical resilience, economic relevance, and functional independence; (3) the establishment and management of a strategic reserve of Bitcoin by the Federal Government reinforces the continuing role in the national interest and the important long-term strategic value of Bitcoin; (4) the reliability of the Bitcoin blockchain depends on a decentralized validation process and a globally distributed infrastructure, but a substantial portion of mining hardware currently in use is manufactured by companies related to foreign adversaries, creating national security and operational integrity risks; (5) the ability of the United States to lead in Bitcoin and digital asset innovation requires that critical blockchain infrastructure, including mining hardware and consensus software, be developed, operated, and maintained within the United States, or friendly nations, and free from control by entities related to foreign adversaries; (6) Bitcoin mining operators in the United States have contributed materially to domestic artificial intelligence capabilities by converting existing facilities and infrastructure to support machine learning, inference, and high-density compute operations; and (7) the replacement of mining hardware related to foreign adversaries with compute infrastructure manufactured in the United States, or friendly nations, is a necessary national objective.”
“Congressional Record, Volume 172 Issue 114 (Tuesday, July 14, 2026) [Congressional Record Volume 172, Number 114 (Tuesday, July 14, 2026)] [Senate] [Pages S3958-S3961] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 6689. Mr. CASSIDY (for himself, Ms. Lummis, and Mrs. Blackburn) submitted an amendment intended to be proposed by him to the bill S. 4784, to authorize appropriations for fiscal year 2027 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows: At the end of title X, add the following: Subtitle H--Mined in America Act SEC. 1094. SHORT TITLE.”
“So my challenge to the Senate, to the House, and to the President: Let us come together. Let us get things done. Let us work for the American people. Ask any Uber driver, ask our constituents: What is the biggest issue right now? And they will say: Affording life. Affording life means to be able to afford healthcare. And, Mr. President, with the MVP health agenda, we help our constituents afford healthcare. With that, I yield the floor. The PRESIDING OFFICER (Mr. Curtis). The majority leader. ____________________”
“We can't get that done--no way. But, folks, we have actually achieved a lot on healthcare in the last few years. The No Surprises Act blocks about a million surprise medical bills per month for the American people. A PBM reform bill, which was signed into law by President Trump a few months ago but that was negotiated by Congress--and it was tough, but we actually got it so that the value to the patient in terms of lower drug prices, if you will, cutting out or restricting activities of the insurance company in the middle--we got that through. The administration is working on TrumpRx, which allows patients to buy drugs without hidden costs. So if we are going to make healthcare affordable to the American people, we have to build on that record, and we have to work together.”
“Now, we are making steps on this. Right now in the HELP Committee-- the Health, Education, Labor, and Pensions Committee--of which I am the chair, we are working on price transparency legislation. We hope to get that passed in the next 2 weeks out of Committee, and we hope this passes on the floor of the Senate. This is how we bring value to the patient, by bringing the power of price transparency, as she chooses what healthcare and where to get her healthcare. Now, we can get this done. Whenever there is a big idea like this, how do we actually help the American people with affordability? How do we actually put money in their pocket and couple it with tools that would give them the power of price transparency, in order to bring money in their pocket and value for the patient? People say: Oh, that is too big.”
“So if you know, if you have price transparency, if you say, ``Wait a second; I am going to have at least a thousand dollars out of pocket because of my deductible, but if I paid cash right now and don't go through my insurance, it only cost me $600,'' you are going to bring value to the patient. In this transaction, under the MVP plan, there would have been money placed into her health savings account. She could have used--in this case, she did it on her own--price transparency to find out the price. So there is money and value for the patient. We take the power away from the middleman, the power away from the insurance company to approve or disapprove of the care that the patient knows that she needs; and, instead, we would give the money directly to her, with the tools of price transparency to bring value to the patient.”
“I was up here in DC once. Actually, I remember we were having a crawfish boil. Every year, Louisiana people have a crawfish boil. And there was a woman who saw me on the street. She stopped me. She said: Hey, Dr. Cassidy. And I said: Yes. She said: I am from Texas, but I saw that you gave a speech about price transparency, and that if I paid cash, it would be cheaper than if I went through my insurance. So the doctor ordered an MRI on my son's shoulder, and they told me it was going to cost $2,000. Well, my deductible was whatever it was--say a thousand dollars. So I said: How much, if I pay you cash? They said: Well, if you pay us cash, it is only $600. In this case, paying cash was cheaper than paying her deductible.”
“Under our plan, we would give an advance, an income tax credit, to the family--on average, for a family of four, about $2,000-- that would go into an account that they use to pay for their benefits. By the way, this is paid for. This is paid for. But they would prefund a health savings account. Now, we don't give it to the insurance company because, if you give the money to the insurance company to subsidize the premiums, the insurance company takes 20 percent of it for overhead and for profit. You give it to the individual or family, and they are going to use 100 percent of it for the healthcare that they need. Now, we have coupled that. So it is money in your pocket. We couple that by adding value, price transparency, so that the family knows the price they pay before they go in for the service. That could be powerful.”
“So they put it on the credit card, and that credit card debt mounts. Indeed, if you look at the percent of income that Americans are now paying upon credit card interest, which means that they are carrying a balance, it has risen from about 1 percent to 3.2 percent. So 3.2 percent of their income is going to pay for interest on credit cards. This shows that they are rolling these big credit card balances forward. So with credit card balances not paid, but being the minimal amount being paid, they are up to $10,000. Much of this relates back to: How do you pay for healthcare? I don't have the money in my account. So I am going to use my credit card in order to pay for these large deductibles. Well, I have got a way to address that, Mr. President. We call it the MVP Act.”
“Now, it may be something like a routine visit, which is covered. They may have preventive care covered, like a mammogram or a screening colonoscopy. But, typically, they have got to put up $2,600, on average, if they go to the emergency room after a car wreck, and only then does the insurance begin to kick in. Now, why is that important? Because most families have less than $500 of cash in order to pay for their healthcare. In previous speeches, I have talked about how people are putting their healthcare expenditures on their credit card. And that credit card debt factors into 60 percent of household bankruptcies. So they have a $3,000 deductible, and they don't have the money in their bank account. Their child gets sick, and they bring them to the emergency room. They don't have the $3,000.”
“The other thing to recognize is that, when it begins to rise too much, then the employer pays less and less for the employees' health insurance. This can be manifested in a couple ways. Instead of paying 80 percent of the cost of the policy, they may pay only 60 percent. Or the small business may decide to get a less expensive policy, in which case they increase the deductible. Now, the deductible is what we pay out of pocket before the insurance kicks in. That is the problem. And so, if you look at, since about 2000, the amount of deductible at a big business is about $1,700. At a small business, for a single worker, among workers with a deductible, it is now about $2,600. So before the insurance begins to work for the employee, they have to come up with, on average, $2,600 to pay before the insurance kicks in.”
“But they have actually risen over 1,000-- almost 1,100--percent higher than they should have. To put it this way, if they should have risen 176 percent, they have actually risen about 1,100 percent. These are premiums. Now, by the way, these premiums continue to rise after the passage of the Affordable Care Act. Indeed, the rise became higher, faster after the passage of the Affordable Care Act. And so, if you are a small business, you are trying to make ends meet. Businesses contribute to the health insurance of their employees. Typically, they may employ--it depends upon the business, but they may give, oh, 100 percent. They may give 80 percent. They may give 60 percent. But whatever percent that the small business is contributing to their employees is going up.”
“And, in fact, what we are seeing is that the inability to afford healthcare is impacting the ability of small businesses to provide health insurance for their employees. The employer-based health insurance system is the most dominant form of providing health insurance for those less than 65, and it is crumbling. The percentage of working-age adults getting health coverage from a job has decreased from 67 percent--oh, about 25 years ago--to about 60 percent now. And the reason why is that premiums are going up so much, particularly for those 62 percent of Americans who get their insurance from a small business. There is a recent article in STAT which, based upon Federal Government information, if you look at inflation since about 1985, premiums should have [[Page S3924]] risen about 176 percent.”
“Ultimately, that is why somebody comes to Washington. Some people come to Washington to be a Senator. Others come to Washington to do something as a Senator. Lindsey was someone who came to Washington to do something as a Senator. I speak for myself, but I echo what colleagues have said. Lindsey Graham shall be missed. Healthcare Mr. President, we have got to do something about healthcare. Now, I am a physician. You might think I--of course, Bill cares about it. I can tell you who cares about it is the American people. I was with an Uber driver last night: What do you think--you know, if you were the President, Uber driver, what would you be talking about right now? She said: I can't afford things. I can't afford my gas. I can't afford my groceries, my housing. I can't afford my healthcare. Now, that has been echoed.”
“He told me: Bill, you are good at policy, but you are a terrible politician. And I would say that many people knew exactly what he was talking about. At one point, I was talking to him about healthcare. He said: Oh, Bill, don't talk to me about policy. It gives me headaches. But he said he would fight to get it passed. We came up short but not because he did not and I did not fight. Once he said: I am going to go on ``FOX Morning.'' If I go on ``FOX Morning,'' I know the President is watching. And if the President is watching the ``FOX Morning'' show and I say we should be fighting to replace Obamacare, it will get the President engaged. He just knew how to find that audience that was important. He knew how to speak to them. He had a great sense of humor, and, again, he knew how to get things done.”
“Mr. President, I rise, as so many others have, to give tribute to Senator Lindsey Graham. Lindsey was effective as a Senator, in large part, because he was so well-liked by colleagues and because he liked them in return. He was affable, always willing to work with others, regardless of how different backgrounds, beliefs, and positions were. He just focused on getting things done and had the courage to take on issues that others would not. We collaborated on something called Graham-Cassidy, a bill which would have replaced Obamacare with coverage for everyone--literally everyone--but at a lower cost than the Affordable Care Act. I always chuckle when I say the Affordable Care Act. And we were a good team because we complemented each other. I was a doctor, always thinking about healthcare. He was the politician's politician.”
“Congressional Record, Volume 172 Issue 114 (Tuesday, July 14, 2026) [Congressional Record Volume 172, Number 114 (Tuesday, July 14, 2026)] [Senate] [Page S4077] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] PRIVILEGES OF THE FLOOR Mr. CASSIDY. Mr. President, I ask unanimous consent for the following interns in my office to be granted floor privileges until July 15, 2026: Mason Lam and Harper Alspach. The PRESIDING OFFICER. Without objection, it is so ordered. APPOINTMENT The PRESIDING OFFICER. The Chair, on behalf of the Majority Leader, pursuant to Public Law 96-114, as amended, appoints the following individual to the Congressional Award Board: Matt Zabel of Minnesota. ____________________”
“(2) Technical assistance.--The Director may, acting through the Partnership, provide technical assistance to United States persons who manufacturer hardware that can be used for the mining of cryptocurrency. SEC. 1101. PROMOTION OF EXPORTS TO FRIENDLY NATIONS OF CERTAIN MINING EQUIPMENT PRODUCED IN THE UNITED STATES. The Under Secretary of Commerce for International Trade shall develop a program to promote exports to friendly nations of equipment for proof-of-work mining that is produced in the United States. ______”
“(a) Support From National Institute of Standards and Technology.-- (1) In general.--The Director of the National Institute of Standards and Technology shall take such actions as the Director considers appropriate to support the development of secure, energy-efficient hardware for the mining of cryptocurrency. [[Page S3961]] (2) Grants authorized.--In carrying out paragraph (1), the Director may award grants to design rigs for the mining of cryptocurrency that meets United States cybersecurity standards. (b) Support From Hollings Manufacturing Extension Partnership.-- (1) In general.--The Director shall, acting through the Hollings Manufacturing Extension Partnership, provide assistance to United States manufacturers to retool for the production of secure, energy-efficient hardware for the mining of cryptocurrency.”
“(d) Reports.--The Secretary of Energy shall submit to the Committee on Energy and Natural Resources of the Senate, the Committee on Commerce, Science, and Transportation of the Senate, and the Committee on Energy and Commerce of the House of Representatives-- (1) an interim report on the findings of the study under subsection (a) not later than 1 year after the date of enactment of this Act; and (2) a final report on the findings of that study not later than 2 years after that date of enactment. SEC. 1100. SUPPORT FOR DEVELOPMENT OF SECURE, ENERGY- EFFICIENT CRYPTO-MINING HARDWARE.”
“(c) Consultation.-- (1) In general.--In carrying out the study under subsection (a), the Secretary of Energy shall consult with-- (A) the Secretary; (B) the Federal Energy Regulatory Commission; and (C) at least 1 Regional Transmission Organization or Independent System Operator (as those terms are defined in section 3 of the Federal Power Act (16 U.S.C. 796)). (2) Requirement.--The Secretary of Energy, the Secretary of Defense, and the Secretary shall coordinate to enhance efficiency and avoid duplication with respect to the study required under subsection (a).”
“(b) Scope of Study.--The study under subsection (a) shall evaluate-- (1) the ability of proof-of-work mining operations and high-density compute facilities-- (A) to reduce electricity consumption during periods of peak demand; (B) to shift load in coordination with grid operators; or (C) to participate in demand response and grid reliability programs; (2) the technologies, energy infrastructure, and contractual mechanisms that support flexible operation of high-density compute workloads; and (3) the emissions impacts, energy efficiency benefits, and market integration potential associated with the deployment of grid-interactive compute infrastructure in various geographic and regulatory contexts.”
“(a) Study Required.--The Secretary of Energy shall conduct a study to assess the load-management capabilities and grid- balancing potential of proof-of-work mining operations and high-density compute facilities located in the United States.”
“``(2) Requirement.--The guidance issued under paragraph (1) shall-- ``(A) identify Mined in America grid-interactive infrastructure for which a grant provided under this subsection may be used; and ``(B) establish procedures for verifying the certification of the owners and operators of the applicable facility under section 1097 of the Mined in America Act of 2026, in coordination with the Secretary of Commerce.''. (2) Rule of construction.--Nothing in this subsection or an amendment made by this subsection waives, or may be construed to waive, any cost-share, technical, or emissions performance requirement applicable to a grant awarded under section 1306 of the Energy Independence and Security Act of 2007 (42 U.S.C. 17386). SEC. 1099. DEPARTMENT OF ENERGY STUDY ON COMPUTE-BASED LOAD MANAGEMENT.”
“2621(d))''; (ii) in paragraph (9), by striking ``Qualifying Smart Grid Investments'' and inserting ``qualifying smart grid investments''; (iii) by redesignating paragraphs (1) through (9) as clauses (i) through (ix), respectively, and indenting appropriately; and (iv) by striking the subsection designation and heading and all that follows through ``do not include'' in the matter preceding clause (i) (as so redesignated) and inserting the following: ``(B) Exclusions.--The term `qualifying smart grid investment' does not include''; (D) in subsection (d)-- (i) by redesignating paragraphs (1) through (16) as clauses (i) through (xvi), respectively, and indenting appropriately; and (ii) by striking the subsection designation and heading and all that follows through ``means'' in the matter preceding clause (i) (as so redesignated) and inserting the following: ``(6) Smart grid function.--The term `smart grid function' means''; (E) in subsection (e)-- (i) in paragraph (1)-- (I) by striking ``(1) The Secretary shall'' and all that follows through ``proposals--'' in the matter preceding subparagraph (A) and inserting the following: ``(1) In general.--The Secretary shall--''; (II) by indenting subparagraphs (A) through (E) appropriately; (III) in subparagraph (C), by striking ``investments, and'' and inserting ``investments or Mined in America grid- interactive infrastructure, and, if applicable,''; and (IV) in subparagraph (D), by striking ``investments which have received grants'' and inserting ``investments and Mined in America grid-interactive infrastructure for which grants have been provided''; and (ii) in paragraph (2), by striking ``(2) The Secretary'' and inserting the following: ``(2) Discretion.--The Secretary''; (F) in subsections (b) through (e), by striking ``Smart Grid'' each place it appears and inserting ``smart grid''; (G) in subsection (f), by striking ``for fiscal years 2008 through 2012''; (H) by redesignating subsections (a), (b), (e), and (f) as subsections (b), (a), (c), and (e), respectively, and moving the subsections so as to appear in alphabetical order; and (I) by inserting after subsection (c) (as so redesignated) the following: ``(d) Guidance on Mined in America Grid-interactive Infrastructure.-- ``(1) In general.--Not later than 180 days after the date of enactment of the Mined in America Act of 2026, the Secretary shall issue guidance relating to the provision of grants under this section for projects for the deployment of Mined in America grid-interactive infrastructure.”
“``(5) Proof-of-work mining.--The term `proof-of-work mining' has the meaning given the term in section 1096 of the Mined in America Act of 2026. ``(6) Qualifying smart grid investment.-- ``(A) In general.--The term `qualifying smart grid investment' includes''; (C) in subsection (c)-- (i) in paragraph (3), by striking ``Smart Grid Information Standard under section 1307 (paragraph (17) of section 111(d) of the Public Utility Regulatory Policies Act of 1978)'' and inserting ``smart grid information standard under paragraph (19) of section 111(d) of the Public Utility Regulatory Policies Act of 1978 (42 U.S.C.”
“``(4) Mined in america grid-interactive infrastructure.-- The term `Mined in America grid-interactive infrastructure' means grid-responsive infrastructure that-- ``(A) is manufactured in the United States; and ``(B) is or will be deployed at a facility-- ``(i) located in the United States or a friendly nation; ``(ii) the owners and operators of which are certified under section 1097 of the Mined in America Act of 2026; and ``(iii) that is engaged in-- ``(I) proof-of-work mining operations using compute infrastructure manufactured in the United States or a friendly nation; or ``(II) artificial intelligence training or inference using compute infrastructure manufactured in the United States or a friendly nation.”
“``(2) Friendly nation.--The term `friendly nation' has the meaning given the term in section 1096 of the Mined in America Act of 2026. ``(3) Grid-responsive infrastructure.--The term `grid- responsive infrastructure' includes hardware, software, and control systems that support 1 or more of the following functions: ``(A) Load curtailment or flexible demand response in coordination with a grid operator, electric utility, or demand response provider. ``(B) Integration of localized energy storage, smart metering, or real-time load control technologies that reduce peak demand or improve grid reliability. ``(C) Cybersecurity protections to safeguard grid-facing compute infrastructure, including systems used to manage energy telemetry, remote access, or distributed power systems.”
“17386) is amended-- (A) in subsection (a), by striking ``of qualifying Smart Grid investments.'' and inserting the following: ``of-- ``(1) qualifying smart grid investments; and ``(2) projects for the deployment of Mined in America grid- interactive infrastructure.''; (B) in subsection (b)-- (i) by redesignating paragraphs (1) through (14) as clauses (i) through (xiv), respectively, and indenting appropriately; and (ii) by striking the subsection designation and heading and all that follows through ``include'' in the matter preceding clause (i) (as so redesignated) and inserting the following: ``(b) Definitions.--In this section: ``(1) Demand response; demand-responsive.--The terms `demand response' and `demand-responsive' have the meaning given the terms in section 1096 of the Mined in America Act of 2026.”
“(2) Rulemaking.--Not later than 180 days after the date of enactment of this Act, the Secretary of Energy shall issue rules to implement the amendment made by paragraph (1), including documentation requirements, technical criteria for demonstrating infrastructure conversion, emissions or energy performance metrics, and procedures for coordinating with the Secretary to confirm certification status under section 1097. (3) Rule of construction.--Nothing in the amendment made by paragraph (1) alters or waives any other requirement for project approval under section 1706 of the Energy Policy Act of 2005 (42 U.S.C. 16517). (c) Department of Energy Smart Grid Investment Grants.-- (1) In general.--Section 1306 of the Energy Independence and Security Act of 2007 (42 U.S.C.”
“(b) Department of Energy Infrastructure Reinvestment Program.-- (1) In general.--Section 1706(a) of the Energy Policy Act of 2005 (42 U.S.C. 16517(a)) is amended-- (A) in paragraph (2), by striking ``or'' at the end; (B) in paragraph (3), by striking the period at the end and inserting ``; or''; and (C) by adding at the end the following: [[Page S3960]] ``(4) are carried out by entities described in section 1703(b)(14) and involve-- ``(A) an activity described in subparagraph (A) or (B) of that section; or ``(B) the repurposing of energy infrastructure previously used in connection with foreign manufactured crypto mining hardware into facilities that reduce net energy intensity, improve flexibility in load management, or provide computing for strategic industrial applications.''.”
“(2) Rulemaking.--Not later than 180 days after the date of enactment of this Act, the Secretary of Energy shall issue rules to implement the amendment made by paragraph (1), including procedures for verifying the eligibility of projects described in paragraph (14) of section 1703(b) of the Energy Policy Act of 2005 (42 U.S.C. 16513(b)), establishing documentation requirements, coordinating with the Secretary to confirm certification status under section 1097, and identifying any emissions or energy performance standards necessary to satisfy the objectives of title XVII of the Energy Policy Act of 2005 (42 U.S.C. 16511 et seq.). (3) Rule of construction.--Nothing in the amendment made by paragraph (1) alters or waives any other requirement for project approval under section 1703 of the Energy Policy Act of 2005 (42 U.S.C. 16513).”
“``(B) The conversion of an existing mining operation or data center into a grid-interactive or demand-responsive (as defined in section 1096 of the Mined in America Act of 2026) computing facility that uses infrastructure manufactured in the United States or a friendly nation (as so defined). ``(C) The deployment of computing systems that enable load shifting, flexible demand, or emissions reduction in coordination with a regional transmission organization, electric utility, or demand response (as defined in section 1096 of the Mined in America Act of 2026) market.''.”
“16513(b)) is amended by adding at the end the following: ``(14) Projects carried out by entities that are certified under section 1097 of the Mined in America Act of 2026 and involve 1 or more of the following activities: ``(A) The replacement of proof-of-work mining (as defined in section 1096 of the Mined in America Act of 2026) hardware related to foreign adversaries (as defined in that section) with compute infrastructure that is manufactured in the United States or a friendly nation (as defined in that section), including equipment used for blockchain validation, artificial intelligence training, or high-efficiency data processing.”