S 2764 · 95th Congress ·
A bill to amend the Export-Import Bank Act to preclude discrimination by the Bank against the financing of agricultural exports.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1978-03-20)
Plain Language Summary
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Amends the Export-Import Bank Act of 1945 to stipulate that the ratio of credit and financing extended by the Bank for agricultural exports to the total credit and financing by the Bank shall at least equal the ratio of the dollar value of agricultural exports to the dollar value of all exports in the preceding fiscal year. Makes this limitation inapplicable in any fiscal year in which (1) the Bank determines that the demand for agricultural export credit is insufficient to equal the ratio required, or (2) the Secretary of Agriculture determines the level of agricultural commodities to be adequate without Bank financing.…
Summarized by Claude AI · Non-partisan · For informational purposes only