HR 2945 · 98th Congress · Foreign Trade and International Finance
A bill to prohibit the Export-Import Bank of the United States from financing the establishment or enhancement of the capacity of a foreign country to produce certain commodities in competition with, or similar to, United States-produced commodities.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on International Trade, Investment and Monetary Policy.(1983-05-16)
Plain Language Summary
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Amends the Export-Import Bank Act of 1945 to prohibit the Bank from extending credit to establish or enhance the capacity of any country other than the United States to produce a commodity for export if: (1) such commodity is or is likely to be surplus on the world market; and (2) the resulting productive capacity will substantially injure U.S. producers of the same, similar, or competing commodity.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (13)
10 Democrats3 Republicans