HR. 5248In Committee
PROFIT Act of 2026
Plain-English overview
What this bill does
Reorganizes the State Department's economic affairs office into specified bureaus and offices, defines their duties, and places oversight of the technology security and semiconductor supply chain fund there
Key points
- Establish economic affairs bureaus
- Direct bureau leadership duties
- Transfer fund oversight
Current status
Where it stands
Status
In Committee
Latest action
2026-06-09 — Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Related context
Topics and policy areas
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.