[Congressional Record Volume 148, Number 66 (Tuesday, May 21, 2002)]
[House]
[Page H2787]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




     EXTENDING AUTHORITY OF EXPORT-IMPORT BANK UNTIL JUNE 14, 2002

  Mr. OXLEY. Mr. Speaker, I move to suspend the rules and pass the bill 
(H.R. 4782) to extend the authority of the Export-Import Bank until 
June 14, 2002.
  The Clerk read as follows:

                               H.R. 4782

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

     SECTION 1. EXTENSION OF EXPORT-IMPORT BANK.

       Notwithstanding the dates specified in section 7 of the 
     Export-Import Bank Act of 1945 (12 U.S.C. 635f) and section 
     1(c) of Public Law 103-428, the Export-Import Bank of the 
     United States shall continue to exercise its functions in 
     connection with and in furtherance of its objects and 
     purposes through June 14, 2002.

  The SPEAKER pro tempore. Pursuant to the rule, the gentleman from 
Ohio (Mr. Oxley) and the gentleman from New York (Mr. LaFalce) each 
will control 20 minutes.
  The Chair recognizes the gentleman from Ohio (Mr. Oxley).


                             General Leave

  Mr. OXLEY. Mr. Speaker, I ask unanimous consent that all Members may 
have 5 legislative days within which to revise and extend their remarks 
and include extraneous material on H.R. 4782.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentleman from Ohio?
  There was no objection.
  Mr. OXLEY. Mr. Speaker, I yield myself such time as I may consume.
  Mr. Speaker, this legislation is a simple extension of the authority 
of the Export-Import Bank until June 14, 2002. Mr. Speaker, this is a 
rather routine extension. The conference committee is meeting literally 
as I speak, and we would hope to have a bill to the floor. But in case 
we do not, it is important that the activities of the Export-Import 
Bank maintain until June 14. I ask that the House would pass this.
  Mr. Speaker, I reserve the balance of my time.
  Mr. LaFALCE. Mr. Speaker, I yield myself such time as I may consume.
  Mr. Speaker, I concur in the remarks of my friend, the gentleman from 
Ohio (Mr. Oxley). The conferees are meeting as we speak, but it might 
be very difficult to come to conclusion and bring a conference report 
to the floor before there is a recess, especially since I understand we 
might be recessing tomorrow evening. Since the legislation we passed 
last time expires on May 31 of this month, I think it is prudent for us 
to pass this resolution now, extending it until June 14.
  Mr. Speaker, I have no further requests for time, and I yield back 
the balance of my time.
  Mr. OXLEY. Mr. Speaker, I have no further requests for time, and I 
yield back the balance of my time.

                              {time}  1930

  Mr. OXLEY. Mr. Speaker, I yield back the balance of my time.
  The SPEAKER pro tempore (Mr. Simpson). The question is on the motion 
offered by the gentleman from Ohio (Mr. Oxley) that the House suspend 
the rules and pass the bill, H.R. 4782.
  The question was taken; and (two-thirds having voted in favor 
thereof) the rules were suspended and the bill was passed.
  A motion to reconsider was laid on the table.

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