Export-Import Bank Reauthorization Act of 2012

[AI summary unavailable — showing source text] Securing American Jobs Through Exports Act of 2011 - 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. Sets forth FY2012-FY2014 limitations on outstanding loans, guarantees, and insurance. Requires: (1) the Bank to establish financing guidelines, (2) the Comptroller General to perform biennial audits of bank transactions, and (3) the Bank to monitor default rates at least quarterly. Authorizes the Bank to use a specifed amount of its surplus each fiscal year for information technology system updates. Expresses the sense of Congress that the Bank should establish an independent mechanism to investigate and report on allegations by affected parties of the Bank's failure to follow its own policies and procedures. Extends through September 30, 2015: (1) the termination date of the Sub-Saharan Africa advisory committee, and (2) Bank authority to provide financing for the export of nonlethal defense articles and defense services whose primary end use is for civilian purposes.…