HR 5424 · 113th Congress · Foreign Trade and International Finance
Made-in-America Bank Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2014-09-09)
Plain Language Summary
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Made-in-America Bank Act - Amends the Export-Import Bank Act of 1945 to redesignate the Export-Import Bank as the Made-in-America Bank. Declares that all guarantees, loans, insurance, and any other benefits historically provided by the Export-Import Bank may only be made to a domestic entity that is not majority-owned by any foreign person or entity, and only for the purpose of acquiring goods or services made in America. Extends the termination date of the Export-Import Bank from 2014 to 2016.…
Summarized by Claude AI · Non-partisan · For informational purposes only