I 
116TH CONGRESS 
1ST SESSION H. R. 4863 
To promote the competitiveness of the United States, to reform and 
reauthorize the United States Export Finance Agency, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 28, 2019 
Ms. WATERS (for herself, Mr. HECK, Mr. SAN NICOLAS, Mrs. CAROLYN B. 
MALONEY of New York, Ms. VELA´ZQUEZ, Mr. SHERMAN, Mr. MEEKS, 
Mr. DAVID SCOTT of Georgia, Mr. CLAY, Mr. GREEN of Texas, Mr. 
CLEAVER, Mr. PERLMUTTER, Mr. FOSTER, Mrs. BEATTY, Mr. VARGAS, 
Mr. MCADAMS, Ms. WEXTON, Mr. LYNCH, Ms. ADAMS, Ms. DEAN, Ms. 
GARCIA of Texas, Mr. PHILLIPS, and Mr. STANTON) introduced the fol-
lowing bill; which was referred to the Committee on Financial Services 
A BILL 
To promote the competitiveness of the United States, to 
reform and reauthorize the United States Export Fi-
nance Agency, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘United States Export 
Finance Agency Act of 2019’’. 
SEC. 2. TABLE OF CONTENTS. 
The table of contents of this Act is as follows: 
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Sec. 1. Short title. 
Sec. 2. Table of contents. 
Sec. 3. Renaming of the Export-Import Bank of the United States. 
Sec. 4. Authorization period. 
Sec. 5. Aggregate loan, guarantee, and insurance authority. 
Sec. 6. Office of Minority and Women Inclusion. 
Sec. 7. Support for United States territories. 
Sec. 8. Alternative procedures during quorum lapse. 
Sec. 9. Strengthening support for U.S. small businesses. 
Sec. 10. Supporting United States exporters and outreach to prospective for-
eign buyers. 
Sec. 11. Restriction on financing for certain entities. 
Sec. 12. Prohibitions on financing for certain persons involved in sanctionable 
activities. 
Sec. 13. Promoting renewable energy. 
Sec. 14. Reinsurance program. 
Sec. 15. Information technology systems. 
Sec. 16. Administratively determined pay. 
SEC. 3. RENAMING OF THE EXPORT-IMPORT BANK OF THE 
UNITED STATES. 
(a) IN GENERAL.—The Export-Import Bank of the 
United States is hereby redesignated as the United States 
Export Finance Agency. 
(b) REFERENCES.—Any reference to the Export-Im-
port Bank of the United States in any law, rule, regula-
tion, certificate, directive, instruction, or other official 
paper in force on the date of the enactment of this Act 
is deemed a reference to the United States Export Finance 
Agency. 
SEC. 4. AUTHORIZATION PERIOD. 
Section 7 of the Export-Import Bank Act of 1945 
(12 U.S.C. 635f) is amended by striking ‘‘2019’’ and in-
serting ‘‘2029’’. 
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SEC. 5. AGGREGATE LOAN, GUARANTEE, AND INSURANCE 
AUTHORITY. 
Section 6(a)(2) of the Export-Import Bank Act of 
1945 (12 U.S.C. 635e(a)(2)) is amended to read as fol-
lows: 
‘‘(2) APPLICABLE AMOUNT DEFINED.—In this 
subsection, the term ‘applicable amount’ means— 
‘‘(A) $145,000,000,000 for fiscal year 
2020; 
‘‘(B) $150,000,000,000 for fiscal year 
2021; 
‘‘(C) $155,000,000,000 for fiscal year 
2022; 
‘‘(D) $160,000,000,000 for fiscal year 
2023; 
‘‘(E) $165,000,000,000 for fiscal year 
2024; 
‘‘(F) $170,000,000,000 for fiscal year 
2025; and 
‘‘(G) $175,000,000,000 for each of fiscal 
years 2026 through 2029.’’. 
SEC. 6. OFFICE OF MINORITY AND WOMEN INCLUSION. 
(a) IN GENERAL.—Section 3(i) of the Export-Import 
Bank Act of 1945 (12 U.S.C. 635a(i)) is amended to read 
as follows: 
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‘‘(i) OFFICE
OF MINORITY
AND WOMEN INCLU-
SION.— 
‘‘(1) ESTABLISHMENT.—The Agency shall es-
tablish an Office of Minority and Women Inclusion 
which shall be responsible for carrying out this sub-
section and all matters relating to diversity in man-
agement, employment, and business activities in ac-
cordance with such standards and requirements as 
the Director of the Office shall establish. 
‘‘(2) TRANSFER
OF
RESPONSIBILITIES.—The 
Agency shall ensure that, to the extent that the re-
sponsibilities described in paragraph (1) (or com-
parable responsibilities) were, as of the date of the 
enactment of this subsection, performed by another 
office of the Agency, the responsibilities shall be 
transferred to the Office. 
‘‘(3) DUTIES WITH RESPECT TO CIVIL RIGHTS 
LAWS.—The responsibilities described in paragraph 
(1) shall not include enforcement of statutes, regula-
tions, or Executive orders pertaining to civil rights, 
except that the Director of the Office shall coordi-
nate with the President of the Agency, or the des-
ignee of the President of the Agency, regarding the 
design and implementation of any remedies resulting 
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from violations of the statutes, regulations, or Exec-
utive orders. 
‘‘(4) DIRECTOR.— 
‘‘(A) IN GENERAL.—The Director of the 
Office shall be appointed by, and shall report 
directly to, the President of the Agency. The 
position of Director of the Office shall be a ca-
reer reserved position in the Senior Executive 
Service, as that position is defined in section 
3132 of title 5, United States Code, or an 
equivalent designation. 
‘‘(B) DUTIES.—The Director shall— 
‘‘(i) develop standards for equal em-
ployment opportunity and the racial, eth-
nic, and gender diversity of the workforce 
and senior management of the Agency; 
‘‘(ii) develop standards for increased 
participation 
of 
minority-owned 
and 
women-owned businesses in the programs 
and contracts of the Agency, including 
standards for coordinating technical assist-
ance to the businesses; and 
‘‘(iii) enhance the outreach activities 
of the Agency with respect to, and increase 
the total amount of loans, guarantees, and 
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insurance provided by the Agency to sup-
port exports by socially and economically 
disadvantaged small business concerns (as 
defined in section 8(a)(4) of the Small 
Business Act) and small business concerns 
owned by women. 
‘‘(C) OTHER DUTIES.—The Director shall 
advise the President of the Agency on the im-
pact of the policies of the Agency on minority- 
owned and women-owned businesses. 
‘‘(5) INCLUSION IN ALL LEVELS OF BUSINESS 
ACTIVITIES.— 
‘‘(A) CONTRACTS.—The Director of the 
Office shall develop and implement standards 
and procedures to ensure, to the maximum ex-
tent possible, the inclusion and utilization of 
minorities (as defined in section 1204(c) of the 
Financial Institutions Reform, Recovery, and 
Enforcement Act of 1989 (12 U.S.C. 1811 
note)) and women, and minority- and women- 
owned businesses (as such terms are defined in 
section 21A(r)(4) of the Federal Home Loan 
Bank Act (12 U.S.C. 1441a(r)(4)) in all busi-
ness and activities of the Agency at all levels, 
including in procurement, insurance, and all 
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types of contracts. The processes established by 
the Agency for review and evaluation for con-
tract proposals and to hire service providers 
shall include a component that gives consider-
ation to the diversity of the applicant. 
‘‘(B) 
APPLICABILITY.—This 
paragraph 
shall apply to all contracts for services of any 
kind, including all contracts for all business and 
activities of the Agency, at all levels. 
‘‘(C) OUTREACH.—The Agency shall estab-
lish a minority outreach program to ensure the 
inclusion (to the maximum extent practicable) 
of contracts entered into with the enterprises of 
minorities and women and businesses owned by 
minorities and women, including financial insti-
tutions, investment banking firms, under-
writers, accountants, brokers, and providers of 
legal services. 
‘‘(6) DIVERSITY IN AGENCY WORKFORCE.—The 
Agency shall take affirmative steps to seek diversity 
in its workforce at all levels of the Agency consistent 
with the demographic diversity of the United States, 
in a manner consistent with applicable law, includ-
ing— 
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‘‘(A) to the extent the Agency engages in 
recruitment efforts to fill vacancies— 
‘‘(i) recruiting at historically Black 
colleges and universities, Hispanic-serving 
institutions, Tribal colleges and univer-
sities, women’s colleges, and colleges that 
typically serve majority minority popu-
lations; and 
‘‘(ii) recruiting at job fairs in urban 
communities, and placing employment ad-
vertisements in print and digital media ori-
ented toward women and people of color; 
‘‘(B) partnering with organizations that 
are focused on developing opportunities for mi-
norities and women to place talented young mi-
norities and women in industry internships, 
summer employment, and full-time positions; 
and 
‘‘(C) by use of any other mass media com-
munications that the Director of the Office de-
termines necessary.’’. 
(b) INCLUSION IN ANNUAL REPORT.—Section 8 of 
such Act (12 U.S.C. 635g) is amended by adding at the 
end the following: 
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‘‘(l) OFFICE
OF MINORITY
AND WOMEN INCLU-
SION.—The Agency shall include in its annual report to 
the Congress under subsection (a) a report from the Office 
of Minority and Women Inclusion regarding the actions 
taken by the Agency and the Office pursuant to section 
3(i), which shall include— 
‘‘(1) a statement of the total amounts paid by 
the Agency to contractors since the most recent re-
port under this subsection; 
‘‘(2) the percentage of the amounts described in 
paragraph (1) that were paid to contractors as de-
scribed in section 3(i)(5)(A); 
‘‘(3) the successes achieved and challenges 
faced by the Agency in operating minority and 
women outreach programs; 
‘‘(4) the challenges the Agency may face in hir-
ing qualified minority and women employees and 
contracting 
with 
qualified 
minority-owned 
and 
women-owned businesses; and 
‘‘(5) any other information, findings, conclu-
sions, and recommendations for legislative or Agency 
action, as the Director of the Office deems appro-
priate.’’. 
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