II
106TH CONGRESS
2D SESSION
H. R. 4811
IN THE SENATE OF THE UNITED STATES
JULY 13, 2000
Received
AN ACT
Making appropriations for foreign operations, export financ-
ing, and related programs for the fiscal year ending
September 30, 2001, and for other purposes.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
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That the following sums are appropriated, out of any
money in the Treasury not otherwise appropriated, for the
fiscal year ending September 30, 2001, and for other pur-
poses, namely:
TITLE I—EXPORT AND INVESTMENT
ASSISTANCE
EXPORT-IMPORT BANK OF THE UNITED STATES
The Export-Import Bank of the United States is au-
thorized to make such expenditures within the limits of
funds and borrowing authority available to such corpora-
tion, and in accordance with law, and to make such con-
tracts and commitments without regard to fiscal year limi-
tations, as provided by section 104 of the Government
Corporation Control Act, as may be necessary in carrying
out the program for the current fiscal year for such cor-
poration: Provided, That none of the funds available dur-
ing the current fiscal year may be used to make expendi-
tures, contracts, or commitments for the export of nuclear
equipment, fuel, or technology to any country other than
a nuclear-weapon state as defined in Article IX of the
Treaty on the Non-Proliferation of Nuclear Weapons eligi-
ble to receive economic or military assistance under this
Act that has detonated a nuclear explosive after the date
of the enactment of this Act.
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SUBSIDY APPROPRIATION
For the cost of direct loans, loan guarantees, insur-
ance, and tied-aid grants as authorized by section 10 of
the Export-Import Bank Act of 1945, as amended,
$825,000,000 (reduced by $82,500,000) to remain avail-
able until September 30, 2004: Provided, That such costs,
including the cost of modifying such loans, shall be as de-
fined in section 502 of the Congressional Budget Act of
1974: Provided further, That such sums shall remain
available until September 30, 2019 for the disbursement
of direct loans, loan guarantees, insurance and tied-aid
grants obligated in fiscal years 2001, 2002, 2003, and
2004: Provided further, That none of the funds appro-
priated by this Act or any prior Act appropriating funds
for foreign operations, export financing, or related pro-
grams for tied-aid credits or grants may be used for any
other purpose except through the regular notification pro-
cedures of the Committees on Appropriations: Provided
further, That funds appropriated by this paragraph are
made available notwithstanding section 2(b)(2) of the Ex-
port Import Bank Act of 1945, in connection with the pur-
chase or lease of any product by any East European coun-
try, any Baltic State or any agency or national thereof.
ADMINISTRATIVE EXPENSES
For administrative expenses to carry out the direct
and guaranteed loan and insurance programs (to be com-
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puted on an accrual basis), including hire of passenger
motor vehicles and services as authorized by 5 U.S.C.
3109, and not to exceed $30,000 for official reception and
representation expenses for members of the Board of Di-
rectors, $62,000,000 (reduced by $7,000,000): Provided,
That necessary expenses (including special services per-
formed on a contract or fee basis, but not including other
personal services) in connection with the collection of mon-
eys owed the Export-Import Bank, repossession or sale of
pledged collateral or other assets acquired by the Export-
Import Bank in satisfaction of moneys owed the Export-
Import Bank, or the investigation or appraisal of any
property, or the evaluation of the legal or technical aspects
of any transaction for which an application for a loan,
guarantee or insurance commitment has been made, shall
be considered nonadministrative expenses for the purposes
of this heading: Provided further, That, notwithstanding
subsection (b) of section 117 of the Export Enhancement
Act of 1992, subsection (a) thereof shall remain in effect
until October 1, 2001.
OVERSEAS PRIVATE INVESTMENT CORPORATION
NONCREDIT ACCOUNT
The Overseas Private Investment Corporation is au-
thorized to make, without regard to fiscal year limitations,
as provided by 31 U.S.C. 9104, such expenditures and
commitments within the limits of funds available to it and
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in accordance with law as may be necessary: Provided,
That the amount available for administrative expenses to
carry out the credit and insurance programs (including an
amount for official reception and representation expenses
which shall not exceed $35,000) shall not exceed
$37,000,000: Provided further, That project-specific trans-
action costs, including direct and indirect costs incurred
in claims settlements, and other direct costs associated
with services provided to specific investors or potential in-
vestors pursuant to section 234 of the Foreign Assistance
Act of 1961, shall not be considered administrative ex-
penses for the purposes of this heading.
PROGRAM ACCOUNT
For the cost of direct and guaranteed loans,
$24,000,000, as authorized by section 234 of the Foreign
Assistance Act of 1961 to be derived by transfer from the
Overseas Private Investment Corporation noncredit ac-
count: Provided, That such costs, including the cost of
modifying such loans, shall be as defined in section 502
of the Congressional Budget Act of 1974: Provided fur-
ther, That such sums shall be available for direct loan obli-
gations and loan guaranty commitments incurred or made
during fiscal years 2001 and 2002: Provided further, That
such sums shall remain available through fiscal year 2010
for the disbursement of direct and guaranteed loans obli-
gated in fiscal years 2001 and 2002: Provided further,
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That in addition, such sums as may be necessary for ad-
ministrative expenses to carry out the credit program may
be derived from amounts available for administrative ex-
penses to carry out the credit and insurance programs in
the Overseas Private Investment Corporation Noncredit
Account and merged with said account: Provided further,
That funds made available under this heading or in prior
appropriations Acts that are available for the cost of fi-
nancing under section 234 of the Foreign Assistance Act
of 1961, shall be available for purposes of section 234(g)
of such Act, to remain available until expended.
FUNDS APPROPRIATED TO THE PRESIDENT
TRADE AND DEVELOPMENT AGENCY
For necessary expenses to carry out the provisions
of section 661 of the Foreign Assistance Act of 1961,
$46,000,000, to remain available until September 30,
2002.
TITLE II—BILATERAL ECONOMIC ASSISTANCE
FUNDS APPROPRIATED TO THE PRESIDENT
For expenses necessary to enable the President to
carry out the provisions of the Foreign Assistance Act of
1961, and for other purposes, to remain available until
September 30, 2001, unless otherwise specified herein, as
follows: