119th Congress · introduced in the House · Sep 10, 2025
PROFIT Act of 2026
Official title from Congress.gov
Latest action (Jun 9, 2026): Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
View on Congress.govPolicy area: International Affairs
Congressional Research Service summary, version: Introduced in House (Sep 10, 2025)
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;
• the Bureau of Energy Security and Diplomacy formulates and implements international energy, energy technology, critical minerals, and relevant supply chain policies;
• the Bureau of Sanctions Policy develops policies governing the imposition of sanctions and sanctions strategies;
• the Office of the Chief Economist provides expert economic advice and analysis; and
• the Office of Subnational Diplomacy enables the department’s work with state and local governments within the United States to improve the ability of those governments to attract foreign investment, counter foreign malign influence within the United States, and contribute to U.S. foreign policy priorities.
An assistant secretary with specified responsibilities leads each of the four bureaus. The heads of the two offices also have specified responsibilities.
The Office of the Under Secretary for Economic Affairs shall administer and oversee the International Technology Security and Innovation Fund, which provides for technology security and semiconductor supply chain activities.
Show less of the summaryIncludes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3970-3974)
Passed/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)
DEBATE - The House proceeded with forty minutes of debate on H.R. 5248.
Considered under suspension of the rules. (consideration: CR H3970-3974)
Mr. Mast moved to suspend the rules and pass the bill, as amended.
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 22.
Committee Consideration and Mark-up Session Held
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Foreign Affairs.
Introduced in House
Introduced in House
Actions from Congress.gov, newest first.
Advanced technology and technological innovations · Competitiveness, trade promotion, trade deficits · Congressional oversight · Department of State · Diplomacy, foreign officials, Americans abroad · Economic development · Energy efficiency and conservation · Energy research · Executive agency funding and structure · Federal officials · Sanctions · Space flight and exploration
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 24, 2026.
6 citations.
CARE ACTION NOW, INC. · lobbying firm or registrant: CARE ACTION NOW, INC.
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 13, 2026 · issue area: Budget/Appropriations
$53,000
Spent on own lobbying
…, and Related Programs Appropriations Act, 2026 H.R. 5246, To provide for the political affairs authorities of the Department of State, and for other purposes. H.R. 5248, To ensure the alignment of economic and foreign policies, to position the Department of State to reflect that economic security is national security, and for…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CARE ACTION NOW, INC. · lobbying firm or registrant: CARE ACTION NOW, INC.
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 17, 2026 · issue area: Budget/Appropriations
$72,000
Spent on own lobbying
…, and Related Programs Appropriations Act, 2026 H.R. 5246, To provide for the political affairs authorities of the Department of State, and for other purposes. H.R. 5248, To ensure the alignment of economic and foreign policies, to position the Department of State to reflect that economic security is national security, and for…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CARE ACTION NOW, INC. · lobbying firm or registrant: CARE ACTION NOW, INC.
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 20, 2026 · issue area: Budget/Appropriations
$80,000
Spent on own lobbying
…, and Related Programs Appropriations Act, 2026 H.R. 5246, To provide for the political affairs authorities of the Department of State, and for other purposes. H.R. 5248, To ensure the alignment of economic and foreign policies, to position the Department of State to reflect that economic security is national security, and for…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
PLANNED PARENTHOOD FEDERATION OF AMERICA INC · lobbying firm or registrant: PLANNED PARENTHOOD FEDERATION OF AMERICA, INC.
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 20, 2025 · issue area: Foreign Relations
$76,933
Spent on own lobbying
…Department Authorizations (H.R. 5245) State Department Authorizations (H.R. 5246) State Department Authorizations (H.R. 5247) State Department Authorizations (H.R. 5248) State Department Authorizations (H.R. 5250) State Department Authorizations (H.R. 5251) State Department Authorizations (H.R. 5300) State Department Authoriza…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FDD ACTION · lobbying firm or registrant: FDD ACTION
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 20, 2025 · issue area: Foreign Relations
$170,000
Spent on own lobbying
…l provisions. H.R. 5247, To provide for the International Security Affairs authorities of the Department of State, (issues related to Emerging Threats Bureau). H.R. 5248, To ensure the alignment of economic and foreign policies, to position the Department of State to reflect that economic security is national security, and for…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CARE ACTION NOW, INC. · lobbying firm or registrant: CARE ACTION NOW, INC.
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 20, 2025 · issue area: Budget/Appropriations
$50,000
Spent on own lobbying
…for the authorities of the Secretary of State. H.R. 5246, To provide for the political affairs authorities of the Department of State, and for other purposes. H.R. 5248, To ensure the alignment of economic and foreign policies, to position the Department of State to reflect that economic security is national security, and for…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing