[Congressional Record Volume 140, Number 143 (Wednesday, October 5, 1994)]
[Senate]
[Page S]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: October 5, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                 EXPORT OF NON-LETHAL DEFENSE ARTICLES

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                       D'AMATO AMENDMENT NO. 2616

  Mr. CRAIG (for Mr. D'Amato) proposed an amendment to the bill (H.R. 
4455) to authorize the Export-Import Bank of the United States to 
provide financing for the export of nonlethal defense articles and 
defense services the primary end use of which will be for civilian 
purposes; as follows:

       Strike all after the enacting clause and insert the 
     following:

     SECTION 1. AUTHORITY TO PROVIDE FINANCING FOR THE EXPORT OF 
                   NONLETHAL DEFENSE ARTICLES OR SERVICES THE 
                   PRIMARY END USE OF WHICH WILL BE FOR CIVILIAN 
                   PURPOSES.

       (a) In General.--Section 2(b)(6) of the Export-Import Bank 
     Act of 1945 (12 U.S.C. 635(b)(6)) is amended by adding at the 
     end the following:
       ``(I)(i) Subparagraph (A) shall not apply to a transaction 
     involving defense articles or services if--
       ``(I) the Bank determines that--
       ``(aa) the defense articles or services are nonlethal; and
       ``(bb) the primary end use of the defense articles or 
     services will be for civilian purposes; and
       ``(II) at least 15 calendar days before the date on which 
     the Board of Directors of the Bank gives final approval to 
     Bank participation in the transaction, the Bank provides 
     notice of the transaction to the Committees on Banking, 
     Finance and Urban Affairs and on Appropriations of the House 
     of Representatives and the Committees on Banking, Housing, 
     and Urban Affairs and on Appropriations of the Senate.
       ``(ii) Not more than 10 percent of the loan, guarantee, and 
     insurance authority available to the Bank for a fiscal year 
     may be used by the Bank to support the sale of defense 
     articles or services to which subparagraph (A) does not apply 
     by reason of clause (i) of this subparagraph.
       ``(iii) Not later than September 1 of each fiscal year, the 
     Comptroller General of the United States, in 
     consultation with the Bank, shall submit to the Committees 
     on Banking, Finance and Urban Affairs and on 
     Appropriations of the House of Representatives, and the 
     Committees on Banking, Housing, and Urban Affairs and on 
     Appropriations of the Senate a report on the end uses of 
     any defense articles or services described in clause (i) 
     with respect to which the Bank provided support during the 
     second preceding fiscal year.''.
       (b) Report to the Congress.--Section 2(b)(6)(H) of the 
     Export-Import Bank Act of 1945 (12 U.S.C. 635(b)(6)(H)) is 
     amended by inserting ``or described in subparagraph (I)(i)'' 
     before the period at the end of the first sentence.
       (c) Period of Effectiveness.--The amendments made by this 
     section shall remain in effect during the period beginning on 
     the date of enactment of this Act and ending on September 30, 
     1997.

     SEC. 2. PROMOTION OF EXPORTS OF ENVIRONMENTALLY BENEFICIAL 
                   GOODS AND SERVICES.

       (A) In General.--The first section 11(b) of the Export-
     Import Bank Act of 1945; 12 U.S.C. 635i-5(b)) is amended--
       (1) by inserting before ``The Bank shall'' the following:
       ``(1) In general.--'';
       (2) in the first sentence, by inserting before the period 
     ``(such as exports of products and services used to aid in 
     the monitoring, abatement, control, or prevention of air, 
     water, and ground contaminants or pollution, or which provide 
     protection in the handling of toxic substances, subject to a 
     final determination by the Bank, and products and services 
     for foreign environmental projects dedicated entirely to the 
     prevention, control, or cleanup of air, water, or ground 
     pollution, including facilities to provide for control or 
     cleanup, and used in the retrofitting of facility equipment 
     for the sole purpose of mitigating, controlling, or 
     preventing adverse environmental effects, subject to a final 
     determination by the Bank)''; and
       (3) by adding at the end the following:
       ``(2) Limitations on Authorization of appropriations.--In 
     addition to other funds available to support the export of 
     goods and services described in paragraph (1), there are 
     authorized to be appropriate to the Bank not more than 
     $35,000,000 for the cost (as defined in section 5092(5) of 
     the Federal Credit Reform Act of 1990) of supporting such 
     exports. If, in any fiscal year, the funds appropriated in 
     accordance with this paragraph are not fully utilized due to 
     insufficient qualified transactions for the export of such 
     goods and services, such funds may be expended for other 
     purposes eligible for support by the Bank.''.
       (b) Tenchnical Correction.--The Export-Import Bank Act of 
     1945 (12 U.S.C. 635 et seq.) is amended by redesignating the 
     second section 11 (12 U.S.C. 635i-8) as section 14.

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