HR 3296 · 99th Congress · Foreign Trade and International Finance
Competitive American Exports Act of 1985
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: For Further Action See H.R.4708.(1986-04-29)
Plain Language Summary
[AI summary unavailable — showing source text]
Competitive American Exports Act of 1985 - Amends the Trade and Development Enhancement Act of 1983 to establish in the executive branch the Mixed Credit Coordination Board which shall: (1) establish guidelines for the mixed credit programs of the Export-Import Bank and the Agency for International Development; (2) oversee the operation of such programs; (3) recommend improvements in carrying out such programs; (4) develop a system for monitoring mixed credit use by foreign governments; (5) encourage private financial institutions to participate in mixed credit program financing; and (6) solicit the advice of, and consider any recommendation of the National Advisory Council on International Monetary and Financial Policies. Directs the Mixed Credit Coordination Board to submit a quarterly report to the President and the Congress. Sets forth information to be included in such reports. Sets forth certain recommendations that the Mixed Credit Coordination Board shall make in connection with the establishment of policy and procedure guidelines. Authorizes appropriations for FY 1986 for the Export-Import Bank and the Agency for International Development to carry out the tied aid credit p…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (17)
6 Democrats11 Republicans