[Congressional Record Volume 171, Number 131 (Wednesday, July 30, 2025)]
[Senate]
[Page S4940]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3167. Ms. CORTEZ MASTO (for herself and Mr. Rounds) submitted an 
amendment intended to be proposed by her to the bill S. 2296, to 
authorize appropriations for fiscal year 2026 for military activities 
of the Department of Defense, for military construction, and for 
defense activities of the Department of Energy, to prescribe military 
personnel strengths for such fiscal year, and for other purposes; which 
was ordered to lie on the table; as follows:

       At the end of subtitle D of title XII, add the following:

     SEC. 1248. EXCLUSION OF CERTAIN FINANCING FROM CALCULATION OF 
                   DEFAULT RATE OF EXPORT-IMPORT BANK OF THE 
                   UNITED STATES.

       Section 6(a)(3) of the Export-Import Bank Act of 1945 (12 
     U.S.C. 635e(a)(3)) is amended--
       (1) by striking ``If'' and inserting the following:
       ``(A) In general.--If''; and
       (2) by adding at the end the following:
       ``(B) Exclusion of certain financing.--For purposes of this 
     paragraph, the rate calculated under section 8(g)(1) shall 
     not include an entity in default if the Bank determines that 
     the financing provided to the entity was provided pursuant to 
     the Program on China and Transformational Exports established 
     under section 2(l).''.
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