109TH CONGRESS 
2D SESSION 
H. R. 5522
AN ACT 
Making appropriations for foreign operations, export financ-
ing, and related programs for the fiscal year ending 
September 30, 2007, and for other purposes.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
That the following sums are appropriated, out of any 
money in the Treasury not otherwise appropriated, for the 
fiscal year ending September 30, 2007, and for other pur-
poses, namely: 
TITLE I—EXPORT AND INVESTMENT 
ASSISTANCE 
EXPORT-IMPORT BANK OF THE UNITED 
STATES 
INSPECTOR GENERAL 
For necessary expenses of the Office of Inspector 
General in carrying out the provisions of the Inspector 
General Act of 1978, as amended, $988,000, to remain 
available until September 30, 2008. 
PROGRAM ACCOUNT 
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: Provided further, That not-
withstanding section 1(c) of Public Law 103–428, as 
amended, sections 1(a) and (b) of Public Law 103–428 
shall remain in effect through October 1, 2007. 
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, 
$26,382,000, to remain available until September 30, 
2010: 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 remain available until Sep-
tember 30, 2025, for the disbursement of direct loans, 
loan guarantees, insurance and tied-aid grants obligated 
in fiscal years 2007, 2008, 2009, and 2010: Provided fur-
ther, That none of the funds appropriated by this Act or 
any prior Act appropriating funds for foreign operations, 
export financing, and related programs for tied-aid credits 
or grants may be used for any other purpose except
through the regular notification procedures of the Com-
mittees on Appropriations: Provided further, That funds 
appropriated by this paragraph are made available not-
withstanding section 2(b)(2) of the Export-Import Bank 
Act of 1945, in connection with the purchase or lease of 
any product by any Eastern European country, 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, 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 Directors, $75,234,000 (reduced by $5,000,000) 
(reduced by $1,000,000): Provided, That the Export-Im-
port Bank may accept, and use, payment or services pro-
vided by transaction participants for legal, financial, or 
technical services in connection with any transaction for 
which an application for a loan, guarantee or insurance 
commitment has been made: Provided further, That, not-
withstanding subsection (b) of section 117 of the Export 
Enhancement Act of 1992, subsection (a) thereof shall re-
main in effect until October 1, 2007.
OVERSEAS PRIVATE INVESTMENT 
CORPORATION 
NON-CREDIT 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 
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 
$45,453,000 (reduced by $1,000,000): Provided further, 
That project-specific transaction costs, including direct 
and indirect costs incurred in claims settlements, and 
other direct costs associated with services provided to spe-
cific investors or potential investors pursuant to section 
234 of the Foreign Assistance Act of 1961, shall not be 
considered administrative expenses for the purposes of this 
heading. 
PROGRAM ACCOUNT 
For the cost of direct and guaranteed loans, 
$20,035,000, as authorized by section 234 of the Foreign 
Assistance Act of 1961, to be derived by transfer from 
the Overseas Private Investment Corporation Non-Credit
Account: 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 2007, 2008, and 2009: Provided fur-
ther, That funds so obligated in fiscal year 2007 remain 
available for disbursement through 2014; funds obligated 
in fiscal year 2008 remain available for disbursement 
through 2015; funds obligated in fiscal year 2009 remain 
available for disbursement through 2016: Provided further, 
That notwithstanding any other provision of law, the 
Overseas Private Investment Corporation is authorized to 
undertake any program authorized by title IV of the For-
eign Assistance Act of 1961 in Iraq: Provided further, 
That funds made available pursuant to the authority of 
the previous proviso shall be subject to the regular notifi-
cation procedures of the Committees on Appropriations. 
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 Non-Credit 
Account and merged with said account.