Union Calendar No. 371
103D CONGRESS
2D SESSION
H. R. 4455
[Report No. 103–681]
A BILL
To authorize the Export-Import Bank of the
United States to provide financing for the export
of nonlethal defense articles and defense services
the primary end use of which will be for civilian
purposes.
AUGUST 8, 1994
Reported with an amendment, committed to the Commit-
tee of the Whole House on the State of the Union, and
ordered to be printed
IB
Union Calendar No. 371
103D CONGRESS
2D SESSION
H. R. 4455
[Report No. 103–681]
To authorize the Export-Import Bank of the United States to provide financ-
ing for the export of nonlethal defense articles and defense services
the primary end use of which will be for civilian purposes.
IN THE HOUSE OF REPRESENTATIVES
MAY 19, 1994
Mr. BEREUTER introduced the following bill; which was referred to the
Committee on Banking, Finance and Urban Affairs
AUGUST 8, 1994
Reported with an amendment, committed to the Committee of the Whole
House on the State of the Union, and ordered to be printed
[Strike out all after the enacting clause and insert the part printed in italic]
A BILL
To authorize the Export-Import Bank of the United States
to provide financing for the export of nonlethal defense
articles and defense services the primary end use of
which will be for civilian purposes.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. AUTHORITY TO PROVIDE FINANCING FOR THE
EXPORT OF NONLETHAL DEFENSE ARTICLES
AND DEFENSE SERVICES THE PRIMARY END
USE OF WHICH WILL BE FOR CIVILIAN PUR-
POSES.
Section 2(b)(6) of the Export-Import Bank Act of
1945 (12 U.S.C. 635(b)(6)) is amended by adding at the
end the following:
‘‘(I) Subparagraph (A) shall not apply to a sale of
defense articles or services if the Bank determines that—
‘‘(i)
the
defense
articles
or
services
are
nonlethal; and
‘‘(ii) the primary end use of the defense articles
or services will be for civilian purposes.’’.
SECTION 1. AUTHORITY TO PROVIDE FINANCING FOR THE
EXPORT OF NONLETHAL DEFENSE ARTICLES
OR SERVICES THE PRIMARY END USE OF
WHICH WILL BE FOR CIVILIAN PURPOSES.
Section 2(b)(6) of the Export-Import Bank Act of 1945
(12 U.S.C. 635(b)(6)) is amended by adding at the end the
following:
‘‘(I)(i) Subparagraph (A) shall not apply to a trans-
action involving defense articles or services if—
‘‘(I) the Bank determines that—
‘‘(aa) the defense articles or services are
nonlethal; and
‘‘(bb) the primary end use of the defense ar-
ticles or services will be for civilian purposes;
and
‘‘(II) at least 15 calendar days before the date
the Board of Directors of the Bank gives final ap-
proval to Bank participation in the transaction, the
Bank provides notice of the transaction to the Com-
mittees on Banking, Finance and Urban Affairs and
on Appropriations of the House of Representatives
and the Committees on Banking, Housing, and
Urban Affairs and on Appropriations of the Senate.
The preceding sentence shall not apply after September 30,
1997.
‘‘(ii) Not more than 10 percent of the loan, guarantee,
and insurance authority available to the Bank for a fiscal
year may be used by the Bank to support the sale of defense
articles or services to which subparagraph (A) does not
apply by reason of clause (i) of this subparagraph.
‘‘(iii) Not later than September 1 of each fiscal year,
the Comptroller General of the United States, in consulta-
tion with the Bank, shall submit to the Committees on
Banking, Finance and Urban Affairs and on Appropria-
tions of the House of Representatives and the Committees
on Banking, Housing, and Urban Affairs and on Appro-
priations of the Senate a report on the end uses of any de-
fense articles or services described in clause (i) with respect
to which the Bank provided support during the 2nd preced-
ing fiscal year.’’.
SEC. 2. REPORT TO THE CONGRESS.
Section 2(b)(6)(H) of the Export-Import Bank Act of
1945 (12 U.S.C. 635(b)(6)(H)) is amended by inserting ‘‘or
described in subparagraph (I)(i)’’ before the period at the
end of the 1st sentence.
SEC. 3. PROMOTION OF EXPORTS OF ENVIRONMENTALLY
BENEFICIAL GOODS AND SERVICES.
(a) IN GENERAL.—The 1st section 11(b) of the Export-
Import Bank Act of 1945 (12 U.S.C. 635i–5(b)) is amend-
ed—
(1) by inserting before ‘‘The Bank shall’’ the fol-
lowing:
‘‘(1) IN GENERAL.—’’;
(2) by inserting ‘‘(such as by encouraging envi-
ronmentally sustainable development, promoting effi-
cient use of resources, and promoting energy effi-
ciency)’’ before the period at the end of the 1st sen-
tence; and
(3) by adding after and below the end the follow-
ing:
‘‘(2) LIMITATIONS
ON
AUTHORIZATION
OF
AP-
PROPRIATIONS.—In addition to other funds available
to support the export of goods and services described
in paragraph (1), there are authorized to be appro-
priated to the Bank not more than $35,000,000 for
the cost (as defined in section 502(5) of the Federal
Credit Reform Act of 1990) of supporting such ex-
ports.’’.
(b) TECHNICAL CORRECTION.—Such Act is amended
by redesignating the 2nd section 11 (12 U.S.C. 635i–8) as
section 14.