IB 
Union Calendar No. 406
107TH CONGRESS 
2D SESSION 
H. R. 5410
[Report No. 107–663] 
Making appropriations for foreign operations, export financing, and related 
programs for the fiscal year ending September 30, 2003, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 19, 2002
Mr. KOLBE, from the Committee on Appropriations, reported the following 
bill; which was committed to the Committee of the Whole House on the 
State of the Union and ordered to be printed 
A BILL 
Making appropriations for foreign operations, export financ-
ing, and related programs for the fiscal year ending 
September 30, 2003, 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, 2003, and for other pur-
poses, namely:
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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. 
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, 
$541,400,000, to remain available until September 30, 
2006: Provided, That such costs, including the cost of
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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, 2021 for the disbursement of direct loans, loan 
guarantees, insurance and tied-aid grants obligated in fis-
cal years 2003, 2004, 2005, and 2006: Provided further, 
That none of the funds appropriated by this Act or any 
prior Act appropriating funds for foreign operations, ex-
port 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 East European country, any Baltic 
State or any agency or national thereof: Provided further, 
That notwithstanding section 1(c) of Public Law 103–
428, as amended, sections 1 (a) and (b) of Public Law 
103–428 shall remain in effect until September 30, 2003. 
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
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Board of Directors, $68,300,000: Provided, That the Ex-
port-Import Bank may accept, and use, payment or serv-
ices provided by transaction participants for legal, finan-
cial, or technical services in connection with any trans-
action for which an application for a loan, guarantee or 
insurance commitment has been made: 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, 2003. 
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 
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 
$39,885,000: 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
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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 
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 2003 and 2004: Provided further, That 
such sums shall remain available through fiscal year 2011 
for disbursement of direct and guaranteed loans obligated 
in fiscal year 2003, and through fiscal year 2012 for the 
disbursement of direct and guaranteed loans obligated in 
fiscal year 2004. In addition, such sums as may be nec-
essary for administrative expenses to carry out the credit 
program may be derived from amounts available for ad-
ministrative expenses to carry out the credit and insurance 
programs in the Overseas Private Investment Corporation 
Noncredit Account and merged with said account.