To amend the Export-Import Bank Act of 1945 to increase the target financing of exports by small business concerns.

Bill: 114-hr-2239
Sponsor: full_name: Rep. Meng, Grace [D-NY-6]
Introduced: 2015-05-05
Policy area: Foreign Trade and International Finance
Subjects: Competitiveness, trade promotion, trade deficits

Government lending and loan guarantees

Small business
Latest action: action_date: 2015-05-05
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2015-05-05
action_desc: Introduced in House
text: <p>This bill amends the Export-Import Bank Act of 1945 to require the Export-Import Bank of the United States to increase from at least 20% to at least 25% the amount of its aggregate loan, guarantee, and insurance authority it makes available to finance direct small business exports for each fiscal year.</p>

tv_txt: I 114th CONGRESS 1st Session H. R. 2239 IN THE HOUSE OF REPRESENTATIVES May 5, 2015 Ms. Meng (for herself, Ms. Maxine Waters of California , and Ms. Moore ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Export-Import Bank Act of 1945 to increase the target financing of exports by small business concerns.

1. Financing targets of small business concerns Section 2(b)(1)(E)(v) of the Export-Import Bank Act of 1945 ( 12 U.S.C. 635(b)(1)(E)(v) ) is amended by striking 20 percent and inserting 25 percent .