US HB4302 | 2011-2012 | 112th Congress


Status

April 26 2012 - Referred to the Subcommittee on International Monetary Policy and Trade.
Pending: House Subcommittee on International Monetary Policy and Trade Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Export-Import Bank Reauthorization Act of 2012 - Amends the Export-Import Bank Act of 1945 to extend the termination of functions date for the Export-Import Bank of the United States to September 30, 2015. Eliminates the provision directing the Bank to urge the Foreign Credit Insurance Association to provide 100% coverage against any export loss valued at less than $100,000. Revises the list of Marxist-Leninist countries ineligible for Bank assistance. Extends through September 30, 2015: (1) the termination date of the Sub-Saharan Africa advisory committee, and (2) Bank authority to provide financing for the export of nonlethal defense articles and defense services whose primary end use is for civilian purposes. Extends and specifies aggregate outstanding loan, guarantee, and insurance authority through FY2015. Provides for textile industry representation on the Bank Advisory Committee. Requires the Bank to: (1) review its domestic content policy for medium- and long-term transactions; (2) include in its annual report to Congress, at least every every four years beginning in 2012, a five-year strategic plan; and (3) review and report to Congress regarding the Bank's information technology infrastructure. Urges the Bank to increase the export of renewable energy technologies and end-use energy efficiency technologies. Provides for increased Bank transparency and accountability. Prohibits Bank financing for persons that engage in certain sanctionable activities with respect to Iran.

Tracking Information

Register now for our free OneVote public service or GAITS Professional trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Track Bill or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Export-Import Bank Reauthorization Act of 2012

Sponsors


History

DateChamberAction
2012-04-26HouseReferred to the Subcommittee on International Monetary Policy and Trade.
2012-03-29HouseReferred to the House Committee on Financial Services.

Same As/Similar To

SB1547 (Related) 2012-04-17 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
HB5444 (Related) 2012-06-01 - Referred to the Subcommittee on International Monetary Policy and Trade.

Subjects


US Congress State Sources


Bill Comments

feedback