PROFIT Act of 2026
Introduced Sep 10, 2025 by Rep. Young Kim
The House passed it. The Senate has to pass it before it can reach the President.
This bill restructures the Department of State's Office of the Under Secretary for Economic Affairs, dividing the office into four bureaus and two offices. (The current structure is here.) The bill also specifies the functions of these organizations and the responsibilities of the organizations' leaders.
Under the bill, the following organizations fall under the Office of the Under Secretary for Economic Affairs:
the Bureau of Commercial Diplomacy covers trade and investment promotion and policy, international finance and development, and transportation affairs;
the Bureau of Water, Environment, and Space Affairs covers space, oceans, environmental quality, fisheries, wildlife, wildlife trafficking, and conservation affairs;
Read the full summary on Congress.govSummary by the Congressional Research Service.
No recorded roll-call vote on this bill — it may have passed by voice vote or unanimous consent, which don't record individual votes.
- Jun 9, 2026Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
- Jun 8, 2026Motion to reconsider laid on the table Agreed to without objection.
- Jun 8, 2026On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3970-3974)
- Jun 8, 2026Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3970-3974)
- Jun 8, 2026DEBATE - The House proceeded with forty minutes of debate on H.R. 5248.
- Jun 8, 2026Considered under suspension of the rules. (consideration: CR H3970-3974)
- Jun 8, 2026Mr. Mast moved to suspend the rules and pass the bill, as amended.
- Sep 18, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 22.
- Sep 18, 2025Committee Consideration and Mark-up Session Held
- Sep 17, 2025Committee Consideration and Mark-up Session Held
- Sep 10, 2025Referred to the House Committee on Foreign Affairs.
- Sep 10, 2025Introduced in House