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Summary of Amendments Submitted to the Rules Committee on
H.R. 2871 - Export-Import Bank Reauthorization Act of 2001

 

(in alphabetical order)

Tuesday, April 30, 2002 (5:00 p.m.)

 

Bereuter #6
Manager’s Amendment.
Makes corrections to section 9 in the bill dealing with the Tied Aid War Chest. Under the changes made by the amendment, the Ex-Im Bank and the Department of the Treasury will jointly set the principles, process and standards which govern the Tied Aid War Chest.

Brown (OH) #15
Changes the list of entities prohibited from receiving funds from the Export-Import Bank. The amendment adds all companies that are subject to a preliminary determination that they caused material injury to an industry under Title VII of the Tariff Act of 1930. LATE

DeFazio #9
Prohibits Ex-Im Bank assistance for any project that involves the privatization of a government-held industry or sector if that privatization: is not implemented in a transparent manner; is not implemented in a manner that adequately protects the interests of workers, small investors, and vulnerable groups in society; or if appropriate regulatory regimes have not been established to ensure properly functioning competitive markets.

DeFazio #10
Strengthens section 13 of the bill (Renewable Energy Sources) by requiring that not less than 20 percent of the Export-Import Bank’s energy related transactions be for renewable energy and energy efficiency projects by 2006. This statutory requirement would replace the non-binding Sense of Congress language on renewable energy targets contained in section 21 of the bill.

Hinchey #14
Allows persons who export agricultural commodities to Cuba to use Export-Import Bank credit, credit guarantee and insurance programs to finance these sales.

Kucinich #12
Requires Ex-Im Bank to gather information relating to compliance with the Foreign Corrupt Practices Act as amended by applicants. Ex-Im Bank would request that applicants report whether or not they had been found by a U.S. court to be in violation of the Foreign Corrupt Practices Act. Ex-Im Bank would also independently monitor federal court records to determine if any applicants for Ex-Im Bank assistance had violated the Act.

Kucinich #13
Bans Ex-Im Bank from giving assistance to companies found by a U.S. court to be in violation of the Foreign Corrupt Practices Act, as amended.

Ney #16
WITHDRAWN.

Ney #17
Prohibits Ex-Im assistance to companies that have been fined in the prior year for violations of certain Export Control laws. LATE

Ose #1
Bans Ex-Im Bank assistance to companies involved in an intellectual property rights case relating to the entertainment industry.

Ose #2
Bans Ex-Im Bank assistance to companies involved in an intellectual property rights case relating to computers and software.

Ose #3
Bans Ex-Im Bank assistance to companies involved in an intellectual property rights case relating to the aircraft industry.

Ose #4
Bans Ex-Im Bank assistance to companies involved in an intellectual property rights case relating to the telecommunications industry.

Ose #5
Bans Ex-Im Bank assistance to companies involved in an intellectual property rights case relating to the agricultural industry.

Sanders #11
Prohibits companies from receiving future Export-Import Bank assistance if they lay off a greater percentage of workers in the U.S. than they lay off in foreign countries.

Schakowsky #7
Creates a Human Rights Impact Assessment Office within the Export-Import Bank. The office would be required to submit a detailed assessment of the potential impact of major (over $10 million) Ex-Im projects to the management of the Bank, Congressional committees, and the President.

Schakowsky #8
Sense of the Congress that detailed information on the potential impact of proposed Ex-Im Bank projects on human rights should be available to the management of the bank.

Strickland #18
Prohibits the Export-Import Bank from guaranteeing loans or extending credit in connection with the export to a foreign steel company. LATE

* Summaries derived from information submitted by the amendment sponsors.