[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2565 Enrolled Bill (ENR)]

        H.R.2565

                       One Hundred Sixth Congress

                                 of the

                        United States of America


                          AT THE FIRST SESSION

         Begun and held at the City of Washington on Wednesday,
   the sixth day of January, one thousand nine hundred and ninety-nine


                                 An Act


 
  To clarify the quorum requirement for the Board of Directors of 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. CLARIFICATION OF QUORUM REQUIREMENT FOR THE EXPORT-IMPORT 
              BANK OF THE UNITED STATES.

    (a) In General.--Section 3(c)(6) of the Export-Import Bank Act of 
1945 (12 U.S.C. 635a(c)(6)) is amended to read as follows:
    ``(6) A quorum of the Board of Directors shall consist of at least 
three members.''.
    (b) Exception.--Notwithstanding section 3(c)(6) of the Export-
Import Bank Act of 1945, if, during the period that begins on July 21, 
1999, and ends on October 1, 1999, there are fewer than three persons 
holding office on the Board of Directors of the Export-Import Bank of 
the United States, the entire membership of such Board of Directors 
shall constitute a quorum until the end of such period.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.