[Congressional Record Volume 161, Number 118 (Sunday, July 26, 2015)]
[Senate]
[Page S5857]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2441. Mr. LANKFORD submitted an amendment intended to be proposed 
to amendment SA 2327 submitted by Mr. Kirk (for himself, Mr. Graham, 
Mr. Blunt, Ms. Ayotte, Ms. Heitkamp, Mr. Manchin, Mr. Donnelly, Mr. 
Warner, Ms. Klobuchar, and Ms. Cantwell) to the amendment SA 2266 
proposed by Mr. McConnell to the bill H.R. 22, to amend the Internal 
Revenue Code of 1986 to exempt employees with health coverage under 
TRICARE or the Veterans Administration from being taken into account 
for purposes of determining the employers to which the employer mandate 
applies under the Patient Protection and Affordable Care Act; which was 
ordered to lie on the table; as follows:

       At the end of subtitle D of the amendment, add the 
     following:

     SEC. __43. MODIFICATIONS TO AUTHORITY OF EXPORT-IMPORT BANK 
                   OF THE UNITED STATES.

       (a) Sense of Congress.--It is the sense of Congress that 
     the Export-Import Bank of the United States should be a 
     lender of last resort and should take appropriate measures to 
     ensure it does not compete with any private United States 
     entity.
       (b) Definitions of Small Business Concern.--Section 
     2(b)(1)(E) of the Export-Import Bank Act of 1945 (12 U.S.C. 
     635(b)(1)(E)) is amended by adding at the end the following:
       ``(xi) In this Act, the terms `small business' and `small 
     business concern' mean a small business concern (as defined 
     under section 3 of the Small Business Act (15 U.S.C. 
     632)).''.
       (c) Prohibition on Financing for State-owned Entities.--
     Section 2 of the Export-Import Bank Act of 1945 (12 U.S.C. 
     635) is amended by adding at the end the following:
       ``(k) Prohibition on Financing for State-owned Entities.--
     The Bank may not guarantee, insure, extend credit for, or 
     participate in an extension of credit for a transaction for 
     an entity that is owned or controlled by the government of a 
     foreign country.''.
       (d) Limitation on Loan Guarantees.--Section 2 of the 
     Export-Import Bank Act of 1945 (12 U.S.C. 635), as amended by 
     subsection (c), is further amended by adding at the end the 
     following:
       ``(l) Limitation on Loan Guarantees.--
       ``(1) In general.--Except as provided by paragraph (2), 
     loan guarantees provided by the Bank may not--
       ``(A) cover default for commercial risk; or
       ``(B) cover more than 50 percent of a loss.
       ``(2) Exception for small business concerns.--The 
     limitations in paragraph (1) shall not apply with respect to 
     loan guarantees for the exportation of goods or services 
     produced by an entity that is a small business concern and is 
     organized under the laws of the United States or any 
     jurisdiction within the United States.''.
       (e) Prohibition on Financing for High-income Countries.--
     Section 2 of the Export-Import Bank Act of 1945 (12 U.S.C. 
     635), as amended by subsections (c) and (d), is further 
     amended by adding at the end the following:
       ``(m) Prohibition on Financing for High-income Countries.--
     The Bank may not guarantee, insure, extend credit for, or 
     participate in an extension of credit for the exportation of 
     goods or services to a country that has a high-income 
     economy, as determined by the World Bank Group, unless the 
     producer of the goods or services is a small business concern 
     and is organized under the laws of the United States or any 
     jurisdiction within the United States.''.
       (f) Prohibition on Provision of Direct Loans.--Section 2 of 
     the Export-Import Bank Act of 1945 (12 U.S.C. 635), as 
     amended by subsections (c), (d), and (e), is further amended 
     by adding at the end the following:
       ``(n) Prohibition on Provision of Direct Loans.--
     Notwithstanding any other provision of this Act or any other 
     provision of law, the Bank may not provide direct loans for 
     the exportation of goods or services unless the producer of 
     the goods or services is a small business concern and is 
     organized under the laws of the United States or any 
     jurisdiction within the United States.''.
                                 ______