Export-Import Bank Reauthorization Act of 2011
Latest action · Apr 17, 2012 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 112-585.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 13, 2011
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Export-Import Bank Reauthorization Act of 2011 - (Sec. 2) 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.
(Sec. 3) 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.
(Sec. 4) Revises the list of Marxist-Leninist countries ineligible for Bank assistance.
(Sec. 5) Extends the termination date of the Sub-Saharan Africa advisory committee through September 30, 2015.
(Sec. 6) Extends and specifies aggregate outstanding loan, guarantee, and insurance authority through FY2015.
(Sec. 7) Extends, through September 30, 2015, Bank authority to provide financing for the export of nonlethal defense articles and defense services whose primary end use is for civilian purposes.
(Sec. 8) Provides for textile industry representation on the Bank Advisory Committee.
Requires the Bank to include in its annual report to Congress information on Bank support for U.S. textile and apparel exports.
(Sec. 9) Requires the Bank to: (1) review its domestic content policy for medium- and long-term transactions and evaluate policy contributions to job creation and a stronger economy; (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.
(Sec. 12) Directs the Government Accountability Office (GAO) to report to the Bank and to Congress regarding the Bank's financial position and the risks it poses for American taxpayers.
(Sec. 13) Urges the Bank to increase the export of renewable energy technologies and end-use energy efficiency technologies.
(Sec. 14) Provides for increased Bank transparency and accountability.
(Sec. 15) Requires the inclusion of specified information concerning case processing, operations, and process improvement in the Bank's annual report.
(Sec. 16) Prohibits Bank financing for persons that engage in certain sanctionable activities with respect to Iran.
Cosponsors
Members who signed on, in the order they did.
Actions 5
Everything that happened, newest first.
- Apr 17, 2012Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 112-585.
- Sep 13, 2011Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Johnson SD. Without written report.
- Sep 13, 2011Introduced in Senate
- Sep 13, 2011Placed on Senate Legislative Calendar under General Orders. Calendar No. 164.
- Sep 13, 2011Sponsor introductory remarks on measure. (CR S5537)
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 4302 | Export-Import Bank Reauthorization Act of 2012 | Related bill | Apr 26, 2012 |
| HR 5444 | Export-Import Bank Reauthorization Act of 2012 | Related bill | Jun 1, 2012 |
Subjects
Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.
- Advisory bodies
- Africa
- Alternative and renewable resources
- Buy American requirements
- Competitiveness, trade promotion, trade deficits
- Computers and information technology
- Congressional oversight
- Economic performance and conditions
- Energy efficiency and conservation
- Executive agency funding and structure
- Export-Import Bank of the United States
- Foreign Trade and International Finance
- Government information and archives
- Government lending and loan guarantees
- Government studies and investigations
- Iran
- Manufacturing
- Middle East
- Military assistance, sales, and agreements
- Oil and gas
- Sanctions
- Technology transfer and commercialization
- Trade restrictions
Text 1
Each version as it was printed, newest first.
- Sep 13, 2011Placed on Calendar Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.