[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2069 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 2069

 To amend the Export-Import Bank Act of 1945 to ensure that firms that 
have shown a commitment to reinvestment and job creation in the United 
States are given preference in obtaining financial assistance from the 
                Export-Import Bank of the United States.


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                    IN THE HOUSE OF REPRESENTATIVES

                              June 25, 1997

 Mr. Sanders (for himself, Mr. McGovern, and Mr. Lipinski) introduced 
the following bill; which was referred to the Committee on Banking and 
                           Financial Services

_______________________________________________________________________

                                 A BILL


 
 To amend the Export-Import Bank Act of 1945 to ensure that firms that 
have shown a commitment to reinvestment and job creation in the United 
States are given preference in obtaining financial assistance from the 
                Export-Import Bank of the United States.

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

SECTION 1. FIRMS THAT HAVE SHOWN A COMMITMENT TO REINVESTMENT AND JOB 
              CREATION IN THE UNITED STATES TO BE GIVEN PREFERENCE IN 
              FINANCIAL ASSISTANCE DETERMINATIONS BY THE EXPORT-IMPORT 
              BANK.

    Section 2(b)(1) of the Export-Import Bank Act of 1945 (12 U.S.C. 
635(b)(1)) is amended by adding at the end the following:
    ``(I) The Board of Directors of the Bank shall prescribe such 
regulations and the Bank shall implement such procedures as may be 
appropriate to ensure that, in selecting from among firms to which to 
provide financial assistance, preference be given to any firm that has 
shown a commitment to reinvestment and job creation in the United 
States.''.
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