HR 3848 · 96th Congress · Foreign Trade and International Finance

Competitive Export Financing Act of 1979

Introduced 1979-05-01· Sponsored by Rep. Leach, James A. [R-IA-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1979-05-01)

Plain Language Summary

[AI summary unavailable — showing source text] Competitive Export Financing Act of 1979 - Amends the Export-Import Bank Act of 1945 to direct the Export-Import Bank to adopt export finance programs comparable in structure to those extraordinary measures of official export credits offered by competing countries, until such financing is limited by international agreements. Requires the Bank to report to Congress as to whether any increase in its commitment authority or ceiling levels is necessary to carry out this Act.…

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