[Congressional Record Volume 143, Number 123 (Tuesday, September 16, 1997)]
[Senate]
[Page S9435]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




             EXPORT-IMPORT BANK REAUTHORIZATION ACT OF 1997

  Mr. KEMPTHORNE. Mr. President, I ask unanimous consent that the 
Senate now proceed to the consideration of Calendar No. 156, Senate 
bill 1026.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The clerk will report.
  The bill clerk read as follows:

       A bill (S. 1026) to reauthorize the Export-Import Bank of 
     the United States.

  The Senate proceeded to consider the bill (S. 1026) to reauthorize 
the Export-Import Bank of the United States, which had been report from 
the Committee on Banking, Housing, and Urban Affairs, with an amendment 
to strike all after the enacting clause and inserting in lieu thereof 
the following:

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``Export-Import Bank 
     Reauthorization Act of 1997''.

     SEC. 2. EXTENSION OF AUTHORITY.

       Section 7 of the Export-Import Bank Act of 1945 (12 U.S.C. 
     635f) is amended by striking ``1997'' and inserting ``2001''.

     SEC. 3. TIED AID CREDIT FUND AUTHORITY.

       (a) Section 10(c)(2) of the Export-Import Bank Act of 1945 
     (12 U.S.C. 635i-3(c)(2)) is amended by striking ``through'' 
     and all that follows through ``1997''.
       (b) Section 10(e) of such Act (12 U.S.C. 635i-3(3)) is 
     amended by striking the first sentence and inserting the 
     following: ``There are authorized to be appropriated to the 
     Fund such sums as may be necessary to carry out the purposes 
     of this section.''.

     SEC. 4. EXTENSION OF AUTHORITY TO PROVIDE FINANCING FOR THE 
                   EXPORT OF NONLETHAL DEFENSE ARTICLES OR 
                   SERVICES THE PRIMARY END USE OF WHICH WILL BE 
                   FOR CIVILIAN PURPOSES.

       Section 1(c) of Public Law 103-428 (12 U.S.C. 635 note; 108 
     Stat. 4376) is amended by striking ``1997'' and inserting 
     ``2001''.

     SEC. 5. OUTREACH TO COMPANIES.

       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 Chairman of the Bank shall undertake efforts to 
     enhance the Bank's capacity to provide information about the 
     Bank's programs to small and rural companies which have not 
     previously participated in the Bank's programs. Not later 
     than 1 year after the date of the enactment of this 
     subparagraph, the Chairman of the Bank shall submit to 
     Congress a report on the activities undertaken pursuant to 
     this subparagraph.''.

  The PRESIDING OFFICER. Is there objection to the immediate 
consideration of the bill?
  There being no objection, the Senate proceeded to consider the bill.
  Mr. KEMPTHORNE. I ask unanimous consent that the committee substitute 
be agreed to, the bill be considered read a third time, and passed, the 
motion to reconsider be laid upon the table, and that any statements 
relating to the bill appear at this point in the Record.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The committee substitute was agreed to.
  The bill (S. 1026), as amended, was read the third time, and passed.

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