HR 4447 · 101th Congress · Foreign Trade and International Finance
To amend the Export-Import Bank Act of 1945 to direct the Export-Import Bank of the United States to expend all amounts appropriated to carry out the interest subsidy program for the purposes of such program, and to extend such program through the end of fiscal year 1992.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on International Development, Finance, Trade, and Monetary Policy.(1990-04-16)
Plain Language Summary
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Amends the Export-Import Bank Act of 1945 to require the Export-Import Bank to expend all amounts appropriated to the interest subsidy payment program for payments to commercial lending institutions and other lenders with respect to loans made by such lenders to support the export of U.S. goods and services. (Currently, the Bank has only discretionary authority to expend such amounts.) Extends such program through 1992. Authorizes appropriations.…
Summarized by Claude AI · Non-partisan · For informational purposes only