[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3158 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 3158

 To amend the Export-Import Bank Act of 1945 to authorize the Bank to 
finance the export of certain defense articles and services to certain 
 countries for a limited period, and to provide funds for the exercise 
  of such authority by amending the Foreign Assistance Act of 1961 to 
   repeal the international military education and training program.


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                    IN THE HOUSE OF REPRESENTATIVES

                           September 28, 1993

Ms. Byrne introduced the following bill; which was referred jointly to 
   the Committees on Banking, Finance and Urban Affairs and Foreign 
                                Affairs

_______________________________________________________________________

                                 A BILL


 
 To amend the Export-Import Bank Act of 1945 to authorize the Bank to 
finance the export of certain defense articles and services to certain 
 countries for a limited period, and to provide funds for the exercise 
  of such authority by amending the Foreign Assistance Act of 1961 to 
   repeal the international military education and training program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Defense Competitiveness Act of 
1993''.

SEC. 2. LIMITED AUTHORITY OF THE EXPORT-IMPORT BANK OF THE UNITED 
              STATES TO FINANCE THE EXPORT OF CERTAIN DEFENSE ARTICLES 
              AND SERVICES TO CERTAIN COUNTRIES FOR A LIMITED PERIOD.

    Section 2(b)(6) of the Export-Import Bank Act of 1945 (12 U.S.C. 
635(b)(6)) is amended--
            (1) by redesignating subparagraphs (G) and (H) as 
        subparagraphs (H) and (I), respectively;
            (2) by inserting after subparagraph (F) the following:
    ``(G)(i) During the 5-year period that begins with the date of the 
enactment of this subparagraph, subparagraph (A) shall not apply to any 
guarantee in connection with a sale of defense articles or services to 
a qualified country if a United States company and a foreign entity are 
competing for the sale.
    ``(ii) As used in clause (i), the term `qualified country' means--
            ``(I) Japan;
            ``(II) any country that is a member of the North Atlantic 
        Treaty Organization, other than the United States; and
            ``(III) any party to the security treaty between Australia, 
        New Zealand, and the United States of America (also known as 
        the `ANZUS Pact', (3 UST 3420; TIAS 2493)), other than the 
        United States.
    ``(iii) The Bank may not provide more than $1,000,000,000 in 
guarantees described in clause (i) in any fiscal year.'';
            (3) in subparagraph (H) (as so redesignated), by striking 
        ``and (F)'' and inserting ``(F), and (G)''; and
            (4) in subparagraph (I) (as so redesignated), by striking 
        ``(G)'' and inserting ``(H)''.

SEC. 3. REPEAL OF THE INTERNATIONAL MILITARY EDUCATION AND TRAINING 
              PROGRAM.

    Chapter 5 of part II of the Foreign Assistance Act of 1961 (22 
U.S.C. 2347-2347d) is hereby repealed.

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