Escolar Documentos
Profissional Documentos
Cultura Documentos
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.....................................................................
(Original Signature of Member)
H. R. ll
114TH CONGRESS
1ST SESSION
To reauthorize the Export-Import Bank of the United States, and for other
purposes.
A BILL
To reauthorize the Export-Import Bank of the United States,
and for other purposes.
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TITLE IIMPROVING TRANSPARENCY OF THE EXPORT-IMPORT
BANK OF THE UNITED STATES
Sec. 101. Making the Office of Ethics statutory.
Sec. 102. Review of fraud controls.
Sec. 103. Review of Bank product pricing and credit standards to avoid crowding out of private export finance.
Sec. 104. Prohibited countries.
Sec. 105. Independent audit by the Comptroller General.
Sec. 106. Employee certification and financial disclosure.
Sec. 107. Study of financing for information and communications technology
systems.
Sec. 108. Electronic payments and documents.
Sec. 109. Parallel GAAP reporting.
Sec. 110. Making the Bank the lender of last resort for loans, attempting private financing first.
Sec. 111. Audit committee.
Sec. 112. Report on privatizing the Bank.
Sec. 113. Independent audit of bank portfolio.
TITLE IIIMPROVING THE ACCOUNTABILITY OF THE EXPORTIMPORT BANK OF THE UNITED STATES
Sec.
Sec.
Sec.
Sec.
Sec.
Sec.
Sec.
Sec.
201.
202.
203.
204.
205.
206.
207.
208.
Earnings retention.
Office of the President and term limits.
Repayment as priority.
Negotiations to end export credit financing.
Limitations on outstanding loans, guarantees, and insurance.
Credit risk.
Chief Risk Officer.
Participation and risk-sharing by private sector lenders and exporters.
Sec. 209. Reauthorization of information technology updating.
TITLE IIIJOB GROWTH
Sec.
Sec.
Sec.
Sec.
Sec.
301.
302.
303.
304.
305.
Sec.
Sec.
Sec.
Sec.
Sec.
306.
307.
308.
309.
310.
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Extension of authority.
Dual use exports.
Small business and medium-sized enterprises reports.
Medium-sized enterprises.
Extension of suspension of supplemental guidelines for high carbon
intensity projects.
Updated definition of loan terms.
Updated loan amounts.
Updated environmental effects consideration.
Updated export amounts.
Inflation adjustment.
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TITLE
IIMPROVING
TRANSPARENCY OF THE EXPORT-IMPORT BANK OF THE UNITED
STATES
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(2) HEAD
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OF OFFICE.The
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Ethics may
duct;
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official responsibilities;
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and
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necessary..
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(b) REVIEW
OF
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transactions, and
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deems appropriate..
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(k) REPORTS
ON
AND
(1) PRIVATE
EXPORT FINANCING.The
Board
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tions.
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(2) BANK
PRICING
AND
CREDIT
STAND-
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ARDS.The
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GENERAL.
12 (12 U.S.C. 635a(c)) is amended by redesignating para13 graph (10) as paragraph (11) and inserting after para14 graph (9) the following:
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BY THE
COMPTROLLER
16 GENERAL.
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(A) ANNUAL
Comptroller Gen-
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AUDIT.The
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Congress containing
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trols; and
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CLOSURE.
(3) ETHICS.
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(A) CODE
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(i) IN
GENERAL.The
Chief Ethics
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OF ETHICS.
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(iii) CONSISTENCY
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(iv)
EFFECTIVENESS;
Chief
AMEND-
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MENT.The
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WITH ETHICS IN
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(v) ANNUAL
CERTIFI-
CATIONS.The
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tification.
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(B) FINANCIAL
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(i) IN
DISCLOSURE.
GENERAL.Within
180 days
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EMPLOYEE
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(ii)
ICY.The
REPORTING
POL-
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policy that
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view;
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FINANCIAL
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(iii)
INDIVIDUAL
DE-
FINED.In
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pany or project.
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(iv) AVAILABILITY
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OF COMPLETED
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(I) IN
GENERAL.The
Bank
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(II)
PROHIBITIONS.A
com-
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COVERED
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Individual
applicable law; or
with
this
subpara-
(C) RULE
OF INTERPRETATION.Noth-
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(a) ANALYSIS
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NICATIONS
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UCTS.The
OF THE
INFORMATION
AND
COMMU-
TECHNOLOGY INDUSTRY USE OF BANK PRODExport-Import Bank of the United States (in
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increase exports.
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Bank product.
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ices.
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ultimate purchaser.
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of the Bank;
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fers; and
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1
4 enactment of this Act, the Bank shall submit to the Con5 gress a report that contains the results of the study re6 quired by subsection (a).
7
12 end of the 2-year period beginning on the date of the en13 actment of this clause, the Bank shall implement policies
14 to accept electronic documents whenever possible, includ15 ing copies of bills of lading, certifications, and compliance
16 documents.
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18 end of the 2-year period beginning on the date of the en19 actment of this clause, the Bank shall implement policies
20 to accept electronic payments in all of its programs..
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NANCING FIRST.
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12 (12 U.S.C. 635) is amended by adding at the end the fol13 lowing:
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(k) APPLICANTS
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TO
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WHERE.The
FOR
DEMONSTRATE INABILITY
TO
17 credit, or participate in an extension of credit in connec18 tion with a transaction, to a privately-owned foreign appli19 cant, other than a financial institution, unless the appli20 cant demonstrates to the Bank that
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Administration; or
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(A) MEMBERSHIP.
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(i) IN
addition to such
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the Board.
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(ii) SPECIAL
RULE.If
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GENERAL.In
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(B) DUTIES.
of the Bank.
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trols;
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man.
(D) PROCEDURAL
RULES.
(ii) ACTION
vote..
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privatized; and
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end;
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cific purposes..
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ING.
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Economy Act,;
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dent; and
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ON
22 of the 180-day period beginning on the date of the enact23 ment of this subsection, the President shall submit to the
24 Congress a proposal, together with a strategy for achiev25 ing the proposal, that the United States Government will
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1 pursue with other major exporting countries, including
2 members of the Organisation for Economic Co-operation
3 and Development (OECD) and non-members of the
4 OECD, to eliminate over a period of not more than 10
5 years subsidized export-financing programs, tied aid, ex6 port credits, and all other forms of government-supported
7 export subsidies.
8
9
ON
PROGRESS
OF
NEGOTIA-
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(2) APPLICABLE
the
$130,000,000,000..
term
AMOUNT.In
applicable
paragraph (1),
amount
means
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(1) IN
to the approval of
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president;
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GENERAL.Subject
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and
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Bank..
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(l) PARTICIPATION
AND
RISK-SHARING
BY
PRIVATE
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porter;
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transaction; and
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percent of a transaction.
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NOLOGY UPDATING.
FUNDS;
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respectively; and
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25 (12 U.S.C. 635f) is amended by striking 2014 and in26 serting 2019.
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PRISES REPORTS.
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ENTERPRISES REPORTS.
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Bank; and
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program; and
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medium-sized enterprises.
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(b) REPORT
22 MEDIUM
ON
SIZED
BANK SUPPORT
COMPANIES
FOR
SMALL
THROUGH
AND
SUPPLY
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FOR
SMALL
AND
MEDIUM
10
FOR
MEDIUM-SIZED EN-
15 encourage the participation of small businesses in inter16 national commerce, the policies of the Bank shall give fair
17 consideration to making loans and providing guarantees
18 for the export of goods and services by medium-sized en19 terprises..
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21
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PROJECTS.
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1 respect to the Supplemental Guidelines for High Carbon
2 Intensity Projects, approved by the Export-Import Bank
3 of the United States on December 12, 2013.
4
and
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12
13
17
ATION.
18
19 of 1945 (12 U.S.C. 635i-5(a)(1)(A)) is amended by strik20 ing $10,000,000 and inserting $25,000,000.
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1
6 Labor Statistics of the Department of Labor first pub7 lishes the Consumer Price Index after the date that is 1
8 year after the date of the enactment of this section, and
9 annually thereafter, the Bank shall adjust all dollar
10 amounts specified in this Act by the percentage change
11 in the Consumer Price Index published on that date from
12 the Consumer Price Index published the previous year..
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C:\USERS\JDGROS~1\APPDATA\ROAMING\SOFTQUAD\XMETAL\7.0\GEN\C\FINCHE~1.X