‘‘(1) a description of the efforts of the Bank to 
provide financing to the United States textile and 
apparel industry for exports of textile and apparel 
goods manufactured in the United States that are 
used as components in global textile and apparel 
supply chains; and 
‘‘(2) the amount of support the Bank provided 
for the export of textiles and apparel goods for each 
of the 3 years preceding the report.’’. 
SEC. 9. REVIEW AND REPORT ON DOMESTIC CONTENT POL-
ICY. 
(a) IN GENERAL.—The Export-Import Bank of the 
United States shall conduct a review of its domestic con-
tent policy for medium- and long-term transactions. The 
review shall examine and evaluate the effectiveness of the 
Bank’s policy— 
(1) in maintaining and creating jobs in the 
United States; and 
(2) in contributing to a stronger national econ-
omy through the export of goods and services. 
(b) FACTORS TO CONSIDER.—In conducting the re-
view under subsection (a), the Bank shall consider the fol-
lowing: 
(1) Whether the domestic content policy accu-
rately captures the costs of United States production 
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of goods and services, including the direct and indi-
rect costs of manufacturing costs, parts, compo-
nents, materials and supplies, research, planning, 
engineering, design, development, production, return 
on investment, marketing and other business costs 
and the effect of such policy on the maintenance and 
creation of jobs in the United States. 
(2) The ability of the Bank to provide financing 
that is competitive with the financing provided by 
foreign export credit agencies and the impact that 
such financing has in enabling companies with oper-
ations in the United States to contribute to a 
stronger United States economy by increasing em-
ployment through the export of goods and services. 
(3) The effects of the domestic content policy 
on the manufacturing and service workforce of the 
United States. 
(4) Any recommendations the members of the 
Bank’s Advisory Committee have regarding the 
Bank’s domestic content policy. 
(5) The effect that changes to the Bank’s do-
mestic content requirements would have in providing 
companies an incentive to create and maintain oper-
ations in the United States and to increase jobs in 
the United States. 
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(c) REPORT.—Not later than 1 year after the date 
of the enactment of this Act, the Bank shall submit a re-
port on the results of the review conducted under this sec-
tion to the Committee on Banking, Housing, and Urban 
Affairs of the Senate, and the Committee on Financial 
Services of the House of Representatives. 
SEC. 10. STRATEGIC PLAN. 
Section 8 of the Export-Import Bank Act of 1945 
(12 U.S.C. 635g), as amended by section 8, is further 
amended by adding at the end the following new sub-
section: 
‘‘(h) STRATEGIC PLAN FOR THE BANK.— 
‘‘(1) IN GENERAL.—The Bank shall include in 
its annual report to the Congress under subsection 
(a) of this section, not less than every 4 years, be-
ginning in 2012, a 5-year strategic plan that pro-
vides— 
‘‘(A) a comprehensive mission statement 
covering the major functions and operations of 
the Bank; 
‘‘(B) general goals and objectives, includ-
ing outcome-oriented goals, for the major func-
tions of the Bank; 
‘‘(C) a description of the Bank’s highest- 
priority goals and how they can be achieved 
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within the 5-year plan period, according to 
clearly defined milestones; and 
‘‘(D) a description of how the goals and 
objectives incorporate views and suggestions ob-
tained through congressional consultations. 
‘‘(2) PROGRESS.—The progress the Bank is 
making in meeting the milestones established by the 
strategic plan shall be updated in each annual report 
the Bank submits to the Congress. 
‘‘(3) AVAILABILITY OF ANNUAL REPORT.—The 
Bank shall make its annual report available on its 
public website.’’. 
SEC. 11. REVIEW AND REPORT ON BANK’S INFORMATION 
TECHNOLOGY INFRASTRUCTURE. 
(a) IN GENERAL.—Not later than 180 days after the 
date of the enactment of this Act, the Export-Import 
Bank of the United States shall conduct a review of the 
Bank’s information technology infrastructure and report 
to Congress on— 
(1) how the Bank will modernize and continue 
to maintain the technology infrastructure, taking 
into consideration commercially available tech-
nologies or other cost-saving measures; and 
(2) how modernization, maintenance, and other 
cost-saving measures will result— 
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(A) in improved service delivery to cus-
tomers of the Bank; 
(B) in generally improving the Bank’s per-
formance; and 
(C) in mitigating taxpayer exposure to 
losses. 
SEC. 12. STUDY BY THE COMPTROLLER GENERAL ON RISK 
MANAGEMENT. 
(a) IN GENERAL.—Not later than 18 months after 
the date of the enactment of this Act, the Comptroller 
General of the United States shall complete and submit 
to the Export-Import Bank of the United States, the Com-
mittee on Banking, Housing, and Urban Affairs of the 
Senate, and the Committee on Financial Services of the 
House of Representatives a report— 
(1) on the financial position of the Bank and 
the risks it poses for American taxpayers; and 
(2) that contains recommendations to the Bank 
on how to properly account for risk and ensure the 
solvency of the Bank. 
(b) REPORT.—The report submitted under subsection 
(a) shall evaluate— 
(1) the effectiveness of the Bank’s risk manage-
ment; 
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(2) the adequacy of the Bank’s loan loss re-
serves; 
(3) the exposure and potential for exposure to 
losses from each of the products offered by the 
Bank; 
(4) the overall risk of the Bank’s portfolio, tak-
ing into account— 
(A) market risk; 
(B) credit risk; 
(C) political risk; 
(D) industry-concentration risk; 
(E) geographic-concentration risk; 
(F) obligor-concentration risk; and 
(G) foreign-currency risk; 
(5) the Bank’s use of historical default and re-
covery rates to calculate future program costs, tak-
ing into consideration cost estimates determined 
under the Federal Credit Reform Act of 1990 (2 
U.S.C. 661 et seq.) and whether discount rates ap-
plied to cost estimates should reflect the risks de-
scribed in paragraph (4); 
(6) the fees charged by the Bank for the prod-
ucts the Bank offers, whether the Bank’s fees prop-
erly reflect the risks described in paragraph (4), and 
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how the fees are affected by United States participa-
tion in international agreements; and 
(7) whether the Bank’s loan loss reserves policy 
is sufficient to cover the risks described in para-
graph (4). 
(c) RECOMMENDATIONS
AND
REPORT
BY
THE 
BANK.—If the Bank does not adopt the recommendations 
provided under subsection (a) by the Comptroller General, 
the Bank shall submit to Congress, not later than 60 days 
after the Bank receives the report, a report on why the 
Bank has not adopted the recommendations. 
SEC. 13. RENEWABLE ENERGY AND ENERGY EFFICIENCY 
TECHNOLOGIES. 
(a) IN GENERAL.—The Export-Import Bank of the 
United States should work to increase the export of renew-
able energy technologies and end-use energy efficiency 
technologies with a goal of significantly expanding, year- 
after-year, the Bank’s annual aggregate loan, guarantee, 
and insurance authorizations supporting those tech-
nologies. 
(b) INCREASED REPORTING REQUIREMENTS.—The 
Export-Import Bank of the United States shall include in 
its annual report to the Congress an analysis of any bar-
riers to realizing the Bank’s congressional directive to in-
crease the Bank’s financing for renewable energy tech-
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nology and end-use energy efficiency technology and any 
tools the Bank needs to assist the Bank in overcoming 
those barriers. The analysis shall include barriers such 
as— 
(1) inadequate staffing; 
(2) inadequate financial products; 
(3) lack of capital authority; and 
(4) limitations imposed by domestic markets. 
SEC. 14. TRANSPARENCY AND ACCOUNTABILITY OF BANK 
FINANCING. 
Section 2(b) of the Export-Import Bank Act of 1945 
(12 U.S.C. 635(b)) is amended by inserting after para-
graph (3) the following new paragraph: 
‘‘(3A) TRANSPARENCY
AND ACCOUNTABILITY
OF 
BANK FINANCING.— 
‘‘(A) PREAPPROVAL
NOTICE.—Not later than 
14 days before any meeting of the Board of Direc-
tors for final approval of a transaction the value of 
which exceeds $100,000,000, and concurrent with 
any statement required to be submitted under para-
graph (3) with respect to the transaction, the Bank 
shall post a notice on the Bank’s website that in-
cludes— 
‘‘(i) a description of the transaction pro-
posed to be financed; 
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‘‘(ii) the identities of the obligor, principal 
supplier, and guarantor involved in the trans-
action; and 
‘‘(iii) a description of any item with respect 
to which Bank financing is being sought. 
‘‘(B) MANNER OF DISCLOSURE.—Any informa-
tion required to be disclosed under subparagraph 
(A) shall be disclosed in a manner that does not dis-
close any information that is confidential or propri-
etary business information, that would violate sec-
tion 1905 of title 18, United States Code (commonly 
referred to as the ‘Trade Secrets Act’), or that 
would jeopardize jobs in the United States by sup-
plying information which competitors could use to 
compete with companies in the United States. 
‘‘(C) POST CONSIDERATION.—Not later than 30 
days after the final approval of a transaction the 
value of which exceeds $100,000,000, the Bank shall 
post a notice on the Bank’s website that includes the 
information required under subparagraph (A) in a 
manner that complies with subparagraph (B).’’. 
SEC. 15. ANNUAL COMPETITIVENESS REPORT. 
Section 8A(a) of the Export-Import Bank Act of 
1945 (12 U.S.C. 635g–1(a)) is amended by adding at the 
end the following: 
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‘‘(11) CASE PROCESSING.—A separate section 
detailing the Bank’s annual survey of exporters, fi-
nancial institutions, and brokers regarding the 
Bank’s processing of transactions, timeliness in re-
viewing transactions and processing applications, ad-
herence to financial standards, clarity and ease of 
use of applications, and general customer service 
during the application and approval process for each 
of the Bank’s major programs. 
‘‘(12) OPERATIONS.—A separate section detail-
ing the Bank’s annual survey of exporters, financial 
institutions, and brokers regarding the Bank’s docu-
mentation requirements, certifications, and proc-
essing of applications for medium- and long-term 
program transactions compared to the processing of 
applications by other export credit agencies. 
‘‘(13) PROCESS IMPROVEMENT.—A description 
of the recommendations made by the Bank’s Advi-
sory Committee and the advisory committee on Sub- 
Saharan Africa established under section 2(b)(9)(B) 
regarding improving the Bank’s processing of trans-
actions and customer service. The Bank shall make 
every reasonable effort to act on the recommenda-
tions of the advisory committees and shall include a 
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separate section detailing the actions taken by the 
Bank to comply with the recommendations.’’. 
SEC. 16. ANNUAL REPORT ON INTERNATIONAL COMPETI-
TIVENESS AND IMPACT ON JOBS OF THE EX-
PORT-IMPORT BANK. 
Not later than 270 days after the date of the enact-
ment of this Act, the Comptroller General shall issue a 
report describing the following: 
(1) The ways in which the Export-Import Bank 
of the United States compares to the export credit 
agencies of all the other developed and middle-in-
come countries that have such agencies, including 
the industries covered, the amount of financing pro-
vided by the agencies as compared to the total value 
of exports, the quality of packaging of financing and 
the effects of the support on completed competitive 
transactions, the overall level and types of support 
offered by the agencies, and the policy direction of 
each such country with respect to its export credit 
agency and their support of their domestic export 
promotion compared to those services provided by 
the Export-Import Bank of the United States; and 
(2) The estimated net gains in employment in 
the United States enabled by the support provided 
by the Export-Import Bank of the United States on 
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