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WITHDRAWN.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.