HR 1320 · 99th Congress · Finance and Financial Sector

A bill to amend the Export-Import Bank Act of 1945, as amended.

Introduced 1985-02-27· Sponsored by Rep. Neal, Stephen L. [D-NC-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: For Further Action See H.R.1787.(1985-03-28)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Export-Import Bank Act of 1945 to authorize the Export-Import Bank to provide a sufficient return to lending institutions which make loans in support of exports at rates other than market rates in response to subsidized financing by foreign export credit agencies. Authorizes any director of the Export-Import Bank whose term has expired to serve until his or her successor has been appointed. Extends the authorities of the Export-Import Bank Act of 1945 until September 30, 1991. Prohibits the Export-Import Bank from approving any new loans effective October 1, 1985.…

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