HR 6415 · 95th Congress · Foreign Trade and International Finance

A bill to extend and amend the Export-Import Bank Act of 1945.

Introduced 1977-04-20· Sponsored by Rep. Neal, Stephen L. [D-NC-5]· House

Bill Progress

1
Introduced
2
Committee
House Vote
4
Senate
Enacted
Latest: Public Law 95-143.(1977-10-26)

Recorded Votes

PassedHouse · 1977-10-14
Yea 281Nay 62
PassedHouse · 1977-10-14
Yea 281Nay 62

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Export-Import Bank Act of 1945 to require the Board of Directors of the Export-Import Bank to consider the observance of human rights in the extension of loans and guarantees. Directs the Bank to seek an agreement with other government agencies to reduce and eliminate government-supported export financing. Prohibits any loan or guarantee by such bank for certain nuclear exports, without certain reports to Congress. Specifies reporting requirements for nuclear exports. Requires the Secretary of State to report to the appropriate Congressional committees and to the Bank upon a determination by the Secretary that a country has violated (1) the nuclear safeguards of the International Atomic Energy Agency, or (2) a safeguard agreement with the United States concerning civil use of nuclear energy, or (3) that a non-nuclear state has detonated a nuclear explosive device. Prohibits the Bank to approve credit to such country or for any liquid metal fast breeder nuclear reactor or any nuclear fuel processing facility, unless the President determines that such credit approval is in the national interest and reports this determination to Congress. Extends the authority of the Export…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (18)

11 Democrats7 Republicans