H.R. 4768 — Introduced in House

I 113th CONGRESS 2d Session H. R. 4768 IN THE HOUSE OF REPRESENTATIVES May 29, 2014 Mr. Huffman (for himself, Mr. Holt, and Mr. Ellison) introduced the following bill; which was referred to the Committee on Financial Services A BILL To prohibit the Export-Import Bank of the United States from providing financial support for certain high carbon intensity energy projects. 1. Prohibition on Export-Import Bank support for certain high carbon intensity energy projects Section 2(b) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(b)) is amended by adding at the end the following: (14) Prohibition on support for certain high carbon intensity energy projects (A) In general The Bank shall not guarantee, insure, extend credit, or participate in the extension of credit in connection with the purchase or sale of any good or service for a high carbon intensity project. (B) High carbon intensity project defined In subparagraph (A), the term high carbon intensity project means a project that— (i) is designed to generate electricity; and (ii) if completed, would produce at least 500 grams of carbon dioxide per kilowatt-hour of electricity generated by the project. .