Introduced:
Feb 26, 2025
Policy Area:
Foreign Trade and International Finance
Congress.gov:
Bill Statistics
3
Actions
2
Cosponsors
0
Summaries
6
Subjects
1
Text Versions
Yes
Full Text
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Latest Action
Feb 26, 2025
Referred to the House Committee on Financial Services.
Actions (3)
Referred to the House Committee on Financial Services.
Type: IntroReferral
| Source: House floor actions
| Code: H11100
Feb 26, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: Intro-H
Feb 26, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: 1000
Feb 26, 2025
Subjects (6)
Asia
China
Competitiveness, trade promotion, trade deficits
Foreign Trade and International Finance
(Policy Area)
Government lending and loan guarantees
Interest, dividends, interest rates
Cosponsors (2)
(R-PA)
Jun 3, 2025
Jun 3, 2025
(D-OH)
Feb 26, 2025
Feb 26, 2025
Full Bill Text
Length: 2,648 characters
Version: Introduced in House
Version Date: Feb 26, 2025
Last Updated: Nov 17, 2025 2:18 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1615 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 1615
To amend the Export-Import Bank Act of 1945 to exclude certain
financing from the calculation of the default rate for purposes of
determining when the lending cap under such Act applies, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 26, 2025
Mrs. Kim (for herself and Mrs. Beatty) introduced the following bill;
which was referred to the Committee on Financial Services
_______________________________________________________________________
A BILL
To amend the Export-Import Bank Act of 1945 to exclude certain
financing from the calculation of the default rate for purposes of
determining when the lending cap under such Act applies, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[H.R. 1615 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 1615
To amend the Export-Import Bank Act of 1945 to exclude certain
financing from the calculation of the default rate for purposes of
determining when the lending cap under such Act applies, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 26, 2025
Mrs. Kim (for herself and Mrs. Beatty) introduced the following bill;
which was referred to the Committee on Financial Services
_______________________________________________________________________
A BILL
To amend the Export-Import Bank Act of 1945 to exclude certain
financing from the calculation of the default rate for purposes of
determining when the lending cap under such Act applies, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``Strengthening Exports Against China
Act''.
SEC. 2.
Section 6
(a)
(3) of the Export-Import Bank Act of 1945 (12 U.
(a)
(3) of the Export-Import Bank Act of 1945 (12 U.S.C.
635e
(a)
(3) ) is amended--
(1) by striking ``If'' and inserting the following:
``
(A) In general.--If''; and
(2) by adding at the end the following:
``
(B) Exclusion of certain financing.--For purposes
of this paragraph, the rate calculated under
section 8
(g)
(1) shall not include an entity in default if the
Bank determines that the financing provided to the
entity--
``
(i) facilitates the replacement of or
competition with a product or service provided
by--
``
(I) an entity on the Entity List
maintained by the Bureau of Industry
and Security of the Department of
Commerce and set forth in Supplement
No.
(g)
(1) shall not include an entity in default if the
Bank determines that the financing provided to the
entity--
``
(i) facilitates the replacement of or
competition with a product or service provided
by--
``
(I) an entity on the Entity List
maintained by the Bureau of Industry
and Security of the Department of
Commerce and set forth in Supplement
No. 4 to part 744 of title 15, Code of
Federal Regulations; or
``
(II) a person--
``
(aa) on the list of
specially designated nationals
and blocked persons maintained
by the Office of Foreign Assets
Control of the Department of
the Treasury; or
``
(bb) with respect to
which one or more persons
described in item
(aa) ,
individually or in the
aggregate, directly or
indirectly, hold at least 50
percent of the outstanding
voting interest; or
``
(ii) was provided pursuant to the Program
on China and Transformational Exports
established under
section 2
(l) .
(l) .''.
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