HR 2871 · 107th Congress · Foreign Trade and International Finance
Export-Import Bank Reauthorization Act of 2002
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Laid on the table. See S. 1372 for further action.(2002-05-01)
Plain Language Summary
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Export-Import Bank Reauthorization Act of 2001 - Amends the Export-Import Bank Act of 1945 to require the Export-Import Bank of the United States, in providing loans, guarantees, insurance, and credits for the export of goods and services, imports, and the exchange of commodities and services between the United States (including its territories or possessions) and other foreign countries, to ensure that such financing is contributing to maintaining or increasing employment of U.S. workers. Extends the authority of the Export-Import Bank of the United States through FY 2005. Increases the aggregate amount of Bank loans, guarantees, and insurance that may be outstanding at any one time to aid in financing exports and imports and the exchange of commodities and services between the United States and other foreign countries. Establishes in the Bank an Office on Africa. Increases from ten percent to 20 percent of its aggregate loan, guarantee, and insurance authority the amount the Bank must make available to finance exports directly by small business concerns, including not less than eight percent for small business concerns employing fewer than 100 employees. Directs the Bank to imple…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 2871, Export-Import Bank Reauthorization Act of 2001
Nov 14, 2001<p>Cost estimate for the bill as ordered reported by the House Committee on Financial Services on October 31, 2001</p>
Full CBO report ↗H.R. 2871, Export-Import Bank Reauthorization Act of 2001
Nov 14, 2001Cost estimate for the bill as ordered reported by the House Committee on Financial Services on October 31, 2001
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office