,,ii ,cal5d> ,no4 #bge #aad? ,,congress #a/ ,session ,s4 #bahc ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,octob] #ai1 #bjae ,mr4 ,kirk 7= himself1 ,ms4 ,heitkamp1 ,mr4 ,graham1 ,mr4 ,man*91 ,mr4 ,blunt1 ,mr4 ,donnelly1 ,ms4 ,ayotte1 & ,mr4 ,w>n]7 introduc$ ! foll[+ bill2 :i* 0 read ! fir/ "t ,octob] #bj1 #bjae,read ! second "t & plac$ on ! cal5d> ,a ,,bill ,to reau?orize & re=m ! ,export-,import ,bank ( ! ,unit$ ,/ates1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,export-,import ,bank ,re=m & ,reau?orization ,act ( #bjae4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,,title ,i--,taxpay] protection provisions & increas$ acc\ntability ,sec4 #aja4 ,r$uction 9 au?oriz$ am\nt ( out/&+ loans1 gu>antees1 & insurance4 ,sec4 #ajb4 ,increase 9 loss res]ves4 ,sec4 #ajc4 ,review ( fraud controls4 ,sec4 #ajd4 ,(fice ( ,e?ics4 ,sec4 #aje4 ,*ief ,risk ,(fic]4 ,sec4 #ajf4 ,risk ,managem5t ,committee4 ,sec4 #ajg4 ,indep5d5t audit ( bank portfolio4 ,sec4 #ajh4 ,pilot program = re9surance4 ,,title ,,ii--,promotion ( small bus9ess exports ,sec4 #bja4 ,increase 9 small bus9ess l5d+ requirem5ts4 ,sec4 #bjb4 ,report on programs = small & m$ium-siz$ bus9esses4 ,,title ,,iii--,mod]nization ( op]ations ,sec4 #cja4 ,electronic paym5ts & docum5ts4 ,sec4 #cjb4 ,reau?orization ( in=mation te*nology updat+4 ,,title ,,iv--,g5]al provisions ,sec4 #dja4 ,ext5sion ( au?ority4 ,sec4 #djb4 ,c]ta9 updat$ loan t]ms & am\nts4 ,,title ,v--,o!r matt]s ,sec4 #eja4 ,prohibition on discrim9ation bas$ on indu/ry4 ,sec4 #ejb4 ,negotiations to end export cr$it f9anc+4 ,sec4 #ejc4 ,/udy ( f9anc+ = in=mation & communications te*nology sy/ems4 ,i ,taxpay] protection provisions & increas$ acc\ntability #aja4 ,r$uction 9 au?oriz$ am\nt ( out/&+ loans1 gu>antees1 & insurance ,section #f7;a7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;e7a77 is am5d$-- 7#a7 by r$esignat+ p>agraph 7#c7 z p>agraph 7#d72 & 7#b7 by /rik+ p>agraph 7#b7 & ins]t+ ! foll[+3 7#b7 ,applicable am\nt def9$ ,9 ?is subsection1 ! t]m applicable am\nt1 = ea* ( fiscal ye>s #bjae ?r\gh #bjai1 means #ace1jjj1jjj1jjj4 7#c7 ,freez+ ( l5d+ cap if default rate is #b p]c5t or m ,if ! rate calculat$ "u section #h7;g77#a7 is #b p]c5t or m = a qu>t]1 ! ,bank may n exce$ ! am\nt ( loans1 gu>antees1 & insurance out/&+ on ! la/ day ( t qu>t] until ! rate calculat$ "u section #h7;g77#a7 is less ?an #b p]c5t4 4 #ajb4 ,increase 9 loss res]ves 7a7 ,9 g5]al ,section #f ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;e7 is am5d$-- 7#a7 by r$esignat+ subsection 7b7 z subsection 7c72 & 7#b7 by ins]t+ aft] subsection 7a7 ! foll[+3 7b7 ,res]ve requirem5t ,! ,bank %all build to & hold 9 res]ve1 to protect aga9/ future losses1 an am\nt t is n less ?an #e p]c5t ( ! aggregate am\nt ( disburs$ & out/&+ loans1 gu>antees1 & insurance ( ! ,bank4 4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all take effect on ! date t is "o ye> aft] ! date ( ! enactm5t ( ?is ,act4 #ajc4 ,review ( fraud controls ,section #ag7;b7 ( ! ,export-,import ,bank ,reau?orization ,act ( #bjab 7#ab ,u4,s4,c4 #fce;a-#f7;b77 is am5d$ to read z foll[s3 7b7 ,review ( fraud controls ,n lat] ?an #d ye>s aft] ! date ( ! enactm5t ( ! ,export-,import ,bank ,re=m & ,reau?orization ,act ( #bjae1 & e #d ye>s !reaft]1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all-- 7#a7 review ! adequacy ( ! design & effectiv5ess ( ! controls us$ by ! ,export-,import ,bank ( ! ,unit$ ,/ates to prev5t1 detect1 & inve/igate fraudul5t applications = loans & gu>antees & ! compliance by ! ,bank ) ! controls1 includ+ by audit+ a sample ( ,bank transactions2 & 7#b7 submit a writt5 report reg>d+ ! f9d+s ( ! review & provid+ su* recomm5dations ) respect to ! controls describ$ 9 p>agraph 7#a7 z ! ,comptroll] ,g5]al deems appropriate to-- 7,a7 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs & ! ,committee on ,appropriations ( ! ,s5ate2 & 7,b7 ! ,committee on ,f9ancial ,s]vices & ! ,committee on ,appropriations ( ! ,h\se ( ,repres5tatives4 4 #ajd4 ,(fice ( ,e?ics ,section #c ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;a7 is am5d$ by add+ at ! end ! foll[+3 7k7 ,(fice ( ,e?ics 7#a7 ,e/abli%m5t ,!re is e/abli%$ an ,(fice ( ,e?ics )9 ! ,bank1 :i* %all ov]see all e?ics issues )9 ! ,bank4 7#b7 ,head ( (fice 7,a7 ,9 g5]al ,! head ( ! ,(fice ( ,e?ics %all be ! ,*ief ,e?ics ,(fic]1 :o %all report to ! ,bo>d ( ,directors4 7,b7 ,appo9tm5t ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ! ,export-,import ,bank ,re=m & ,reau?orization ,act ( #bjae1 ! ,*ief ,e?ics ,(fic] %all be-- 7i7 appo9t$ by ! ,presid5t ( ! ,bank f among p]sons-- 7,i7 ) a backgr\nd 9 law :o h exp]i5ce 9 ! fields ( law & e?ics2 & 7,,ii7 :o are n s]v+ 9 a position requir+ appo9tm5t by ! ,presid5t ( ! ,unit$ ,/ates be=e be+ appo9t$ to be ,*ief ,e?ics ,(fic]2 & 7ii7 approv$ by ! ,bo>d4 7,c7 ,designat$ ag5cy e?ics (ficial ,! ,*ief ,e?ics ,(fic] %all s]ve z ! designat$ ag5cy e?ics (ficial = ! ,bank pursuant to ! ,e?ics 9 ,gov]nm5t ,act ( #aigh 7#e ,u4,s4,c4 ,app4 #aja et seq474 7#c7 ,duties ,! ,(fice ( ,e?ics has jurisdiction ov] all employees (1 & e?ics matt]s relat+ to1 ! ,bank4 ,) respect to employees ( ! ,bank1 ! ,(fice ( ,e?ics %all-- 7,a7 recomm5d adm9i/rative actions to e/abli% or en=ce /&>ds ( (ficial conduct2 7,b7 ref] to ! ,(fice ( ! ,inspector ,g5]al ( ! ,bank alleg$ violations (-- 7i7 ! /&>ds ( e?ical conduct applicable to employees ( ! ,bank "u p>ts #bfce & #fbja ( title #e1 ,code ( ,f$]al ,regulations2 7ii7 ! /&>ds ( e?ical conduct e/abli%$ by ! ,*ief ,e?ics ,(fic]2 & 7iii7 any o!r laws1 rules1 or regulations gov]n+ ! p]=mance ( (ficial duties or ! dis*>ge ( (ficial responsibilities t are applicable to employees ( ! ,bank2 7,c7 report to appropriate ,f$]al or ,/ate au?orities sub/antial evid5ce ( a violation ( any law applicable to ! p]=mance ( (ficial duties t may h be5 disclos$ to ! ,(fice ( ,e?ics2 & 7,d7 r5d] advisory op9ions reg>d+ ! propriety ( any curr5t or propos$ conduct ( an employee or contractor ( ! ,bank1 & issue g5]al guidance on su* matt]s z necess>y4 4 #aje4 ,*ief ,risk ,(fic] ,section #c ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;a71 z am5d$ by section #ajd1 is fur!r am5d$ by add+ at ! end ! foll[+3 7l7 ,*ief ,risk ,(fic] 7#a7 ,9 g5]al ,!re %all be a ,*ief ,risk ,(fic] ( ! ,bank1 :o %all-- 7,a7 ov]see all issues relat+ to risk )9 ! ,bank2 & 7,b7 report to ! ,presid5t ( ! ,bank4 7#b7 ,appo9tm5t ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ! ,export-,import ,bank ,re=m & ,reau?orization ,act ( #bjae1 ! ,*ief ,risk ,(fic] %all be-- 7,a7 appo9t$ by ! ,presid5t ( ! ,bank f among p]sons-- 7i7 ) a demon/rat$ ability 9 ! g5]al managem5t (1 & k ( & ext5sive practical exp]i5ce 91 f9ancial risk evaluation practices 9 l>ge gov]nm5tal or bus9ess entities2 & 7ii7 :o are n s]v+ 9 a position requir+ appo9tm5t by ! ,presid5t ( ! ,unit$ ,/ates be=e be+ appo9t$ to be ,*ief ,risk ,(fic]2 & 7,b7 approv$ by ! ,bo>d4 7#c7 ,duties ,! duties ( ! ,*ief ,risk ,(fic] are-- 7,a7 to be responsible = all matt]s relat$ to manag+ & mitigat+ all risk to :i* ! ,bank is expos$1 includ+ ! programs & op]ations ( ! ,bank2 7,b7 to e/abli% policies & processes = risk ov]sight1 ! monitor+ ( managem5t compliance ) risk limits1 & ! managem5t ( risk exposures & risk controls across ! ,bank2 7,c7 to be responsible = ! plann+ & execution ( all ,bank risk managem5t activities1 includ+ policies1 report+1 & sy/ems to a*ieve /rategic risk objectives2 7,d7 to develop an integrat$ risk managem5t program t includes id5tify+1 prioritiz+1 measur+1 monitor+1 & manag+ int]nal control & op]at+ risks & o!r id5tifi$ risks2 7,e7 to ensure t ! process = risk assessm5t & und]writ+ = individual transactions consid]s h[ ea* su* transaction consid]s ! effect ( ! transaction on ! conc5tration ( exposure 9 ! ov]all portfolio ( ! ,bank1 tak+ into acc\nt fees1 collat]alization1 & hi/oric default rates2 & 7,f7 to review ! adequacy ( ! use by ! ,bank ( qualitative metrics to assess ! risk ( default "u v>i\s sc5>ios4 4 #ajf4 ,risk ,managem5t ,committee 7a7 ,9 g5]al ,section #c ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;a71 z am5d$ by sections #ajd & #aje1 is fur!r am5d$ by add+ at ! end ! foll[+3 7m7 ,risk managem5t committee 7#a7 ,e/abli%m5t ,!re is e/abli%$ a managem5t committee to be kn[n z ! ,risk ,managem5t ,committee4 7#b7 ,memb]%ip ,! memb]%ip ( ! ,risk ,managem5t ,committee %all be ! memb]s ( ! ,bo>d ( ,directors1 ) ! ,presid5t & ,fir/ ,vice ,presid5t ( ! ,bank s]v+ z ex (ficio memb]s4 7#c7 ,duties ,! duties ( ! ,risk ,managem5t ,committee %all be-- 7,a7 to ov]see1 9 conjunction ) ! ,(fice ( ! ,*ief ,f9ancial ,(fic] ( ! ,bank-- 7i7 p]iodic /ress te/+ on ! entire ,bank portfolio1 reflect+ diff]5t m>ket1 indu/ry1 & macroeconomic sc5>ios1 & consi/5t ) common practices ( comm]cial & multilat]al developm5t banks2 & 7ii7 ! monitor+ ( indu/ry1 geographic1 & obligor exposure levels2 & 7,b7 to review all requir$ reports on ! default rate ( ! ,bank be=e submission to ,congress "u section #h7;g74 4 7b7 ,t]m9ation ( ,audit ,committee ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,bo>d ( ,directors ( ! ,export-,import ,bank ( ! ,unit$ ,/ates %all revise ! bylaws ( ! ,bank to t]m9ate ! ,audit ,committee e/abli%$ by section #g ( ! bylaws4 #ajg4 ,indep5d5t audit ( bank portfolio 7a7 ,audit ,! ,inspector ,g5]al ( ! ,export-,import ,bank ( ! ,unit$ ,/ates %all conduct an audit or evaluation ( ! portfolio risk managem5t proc$ures ( ! ,bank1 includ+ a review ( ! implem5tation by ! ,bank ( ! duties assign$ to ! ,*ief ,risk ,(fic] "u section #c7l7 ( ! ,export-,import ,bank ,act ( #aide1 z am5d$ by section #aje4 7b7 ,report ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 & n less frequ5tly ?an e #c ye>s !reaft]1 ! ,inspector ,g5]al %all submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives a writt5 report conta9+ all f9d+s & det]m9ations made 9 c>ry+ out subsection 7a74 #ajh4 ,pilot program = re9surance 7a7 ,9 g5]al ,not)/&+ any provision ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce et seq471 ! ,export-,import ,bank ( ! ,unit$ ,/ates 79 ?is section ref]r$ to z ! ,bank7 may e/abli% a pilot program "u :i* ! ,bank may ent] into contracts & o!r arrangem5ts to %>e risks associat$ ) ! provision ( gu>antees1 insurance1 or cr$it1 or ! p>ticipation 9 ! ext5sion ( cr$it1 by ! ,bank "u t ,act4 7b7 ,limitations on ,am\nt ( ,risk-,%>+ 7#a7 ,p] contract or o!r arrangem5t ,! aggregate am\nt ( liability ! ,bank may transf] ?r\gh risk-%>+ pursuant to a contract or o!r arrangem5t ent]$ into "u subsection 7a7 may n exce$ #a1jjj1jjj1jjj4 7#b7 ,p] ye> ,! aggregate am\nt ( liability ! ,bank may transf] ?r\gh risk-%>+ dur+ a fiscal ye> pursuant to contracts or o!r arrangem5ts ent]$ into "u subsection 7a7 dur+ t fiscal ye> may n exce$ #aj1jjj1jjj1jjj4 7c7 ,annual reports ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft] ?r\gh #bjai1 ! ,bank %all submit to ,congress a writt5 report t conta9s a detail$ analysis ( ! use ( ! pilot program c>ri$ out "u subsection 7a7 dur+ ! ye> prec$+ ! submission ( ! report4 7d7 ,rule ( con/ruction ,no?+ 9 ?is section %all be con/ru$ to affect1 imp$e1 or revoke any au?ority ( ! ,bank4 7e7 ,t]m9ation ,! pilot program c>ri$ out "u subsection 7a7 %all t]m9ate on ,septemb] #cj1 #bjai4 ,,ii ,promotion ( small bus9ess exports #bja4 ,increase 9 small bus9ess l5d+ requirem5ts 7a7 ,9 g5]al ,section #b7;b77#a77;,e77v7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;b77#a77;,e77v77 is am5d$ by /rik+ #bj p]c5t & ins]t+ #be p]c5t4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all apply ) respect to fiscal ye> #bjaf & ea* fiscal ye> !reaft]4 #bjb4 ,report on programs = small & m$ium-siz$ bus9esses 7a7 ,9 g5]al ,section #h ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;g7 is am5d$ by add+ at ! end ! foll[+3 7k7 ,report on ,programs = ,small & ,m$ium-,siz$ ,bus9esses ,! ,bank %all include 9 its annual report to ,congress "u subsection 7a7 a report on ! programs ( ! ,bank = ,unit$ ,/ates bus9esses ) less ?an #bej1jjj1jjj 9 annual sales4 4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all apply ) respect to ! report ( ! ,export-,import ,bank ( ! ,unit$ ,/ates submitt$ to ,congress "u section #h ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;g7 = ! fir/ ye> t beg9s aft] ! date ( ! enactm5t ( ?is ,act4 ,,iii ,mod]nization ( op]ations #cja4 ,electronic paym5ts & docum5ts ,section #b7;b77#a7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;b77#a77 is am5d$ by add+ at ! end ! foll[+3 7,m7 ,n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ! ,export-,import ,bank ,re=m & ,reau?orization ,act ( #bjae1 ! ,bank %all implem5t policies-- 7i7 to accept electronic docum5ts ) respect to transactions :5ev] possible1 includ+ copies ( bills ( lad+1 c]tifications1 & compliance docum5ts1 9 su* mann] s z n to und]m9e any pot5tial civil or crim9al en=cem5t relat$ to ! transactions2 & 7ii7 to accept electronic paym5ts 9 all ( its programs4 4 #cjb4 ,reau?orization ( in=mation te*nology updat+ ,section #c7;j7 ( ! ,export-,import ,act ( #aide 7#ab ,u4,s4,c4 #fce;a7j77 is am5d$-- 7#a7 9 p>agraph 7#a71 9 ! matt] prec$+ subp>agraph 7,a71 by /rik+ #bjab1 #bjac1 & #bjad & ins]t+ #bjae ?r\gh #bjai2 7#b7 9 p>agraph 7#b77;,b71 by /rik+ 7,i7 ! funds & ins]t+ 7i7 ! funds2 & 7#c7 9 p>agraph 7#c71 by /rik+ #bjab1 #bjac1 & #bjad & ins]t+ #bjae ?r\gh #bjai4 ,,iv ,g5]al provisions #dja4 ,ext5sion ( au?ority 7a7 ,9 g5]al ,section #g ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;f7 is am5d$ by /rik+ #bjad & ins]t+ #bjai4 7b7 ,dual-,use ,exports ,section #a7;c7 ( ,public ,law #ajc-dbh 7#ab ,u4,s4,c4 #fce note7 is am5d$ by /rik+ ,septemb] #cj1 #bjad & ins]t+ ! date on :i* ! au?ority ( ! ,export-,import ,bank ( ! ,unit$ ,/ates expires "u section #g ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;f74 7c7 ,sub-,sah>an ,africa ,advisory ,committee ,section #b7;b77#i77;,b77iii7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;b77#i77;,b77iii77 is am5d$ by /rik+ ,septemb] #cj1 #bjad & ins]t+ ! date on :i* ! au?ority ( ! ,bank expires "u section #g4 7d7 ,effective date ,! am5dm5ts made by ?is section %all take effect on ! e>li] ( ! date ( ! enactm5t ( ?is ,act or ,june #cj1 #bjae4 #djb4 ,c]ta9 updat$ loan t]ms & am\nts 7a7 ,loan ,t]ms = ,m$ium-,t]m ,f9anc+ ,section #b7;a77#b77;,a7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;a77#b77;,a77 is am5d$-- 7#a7 9 clause 7i71 by /rik+ 2 & & ins]t+ a semicolon2 & 7#b7 by add+ at ! end ! foll[+3 7iii7 ) pr9cipal am\nts ( n m ?an #be1jjj1jjj2 & 4 7b7 ,competitive opportunities relat+ to insurance ,section #b7;d77#b7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;d77#b77 is am5d$ by /rik+ #aj1jjj1jjj & ins]t+ #be1jjj1jjj4 7c7 ,export am\nts = small bus9ess loans ,section #c7;g77#c7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;a7g77#c77 is am5d$ by /rik+ #aj1jjj1jjj & ins]t+ #be1jjj1jjj4 7d7 ,consid]ation ( environm5tal effects ,section #aa7;a77#a77;,a7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;i-#e7;a77#a77;,a77 is am5d$ by /rik+ #aj1jjj1jjj or m & ins]t+ ! foll[+3 #be1jjj1jjj 7or1 if less ?an #be1jjj1jjj1 ! ?re%old e/abli%$ pursuant to int]national agreem5ts1 includ+ ! ,common ,approa*es = ,(ficially ,support$ ,export ,cr$its & ,environm5tal & ,social ,due ,dilig5ce1 z adopt$ by ! ,organisation = ,economic ,co-op]ation & ,developm5t ,c\ncil on ,june #bh1 #bjab1 & ! risk-managem5t framework adopt$ by f9ancial in/itutions = det]m9+1 assess+1 & manag+ environm5tal & social risk 9 projects 7commonly ref]r$ to z ! ,equator ,pr9ciples77 or m4 7e7 ,effective date ,! am5dm5ts made by ?is section %all apply ) respect to fiscal ye> #bjaf & ea* fiscal ye> !reaft]4 ,v ,o!r matt]s #eja4 ,prohibition on discrim9ation bas$ on indu/ry ,section #b ( ! ,export-,import ,bank ,act ( #aide 7#f ,u4,s4,c4 #fce et seq47 is am5d$ by add+ at ! end ! foll[+3 7k7 ,prohibition on discrim9ation bas$ on indu/ry 7#a7 ,9 g5]al ,except z provid$ 9 ?is ,act1 ! ,bank may n-- 7,a7 d5y an application = f9anc+ bas$ solely on ! indu/ry1 sector1 or bus9ess t ! application conc]ns2 or 7,b7 promulgate or implem5t policies t discrim9ate aga9/ an application bas$ solely on ! indu/ry1 sector1 or bus9ess t ! application conc]ns4 7#b7 ,applicability ,! prohibitions "u p>agraph 7#a7 apply only to applications = f9anc+ by ! ,bank = projects conc]n+ ! exploration1 developm5t1 production1 or export ( en]gy s\rces & ! g5]ation or transmission ( electrical p[]1 or comb9$ heat & p[]1 reg>dless ( ! en]gy s\rce involv$4 4 #ejb4 ,negotiations to end export cr$it f9anc+ 7a7 ,9 g5]al ,section #aa ( ! ,export-,import ,bank ,reau?orization ,act ( #bjab 7#ab ,u4,s4,c4 #fce;a-#e7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ ,secret>y ( ! ,treasury 79 ?is section ref]r$ to z ! ,secret>y7 & ins]t+ ,presid5t2 & 7,b7 9 p>agraph 7#a7-- 7i7 by /rik+ 7,,oecd7 & ins]t+ 79 ?is section ref]r$ to z ! ,,oecd72 & 7ii7 by /rik+ ultimate goal ( elim9at+ & ins]t+ possible goal ( elim9at+1 be=e ! date t is #aj ye>s aft] ! date ( ! enactm5t ( ! ,export-,import ,bank ,re=m & ,reau?orization ,act ( #bjae12 7#b7 9 subsection 7b71 by /rik+ ,secret>y ea* place x appe>s & ins]t+ ,presid5t2 & 7#c7 by add+ at ! end ! foll[+3 7c7 ,report on /rategy ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ! ,export-,import ,bank ,re=m & ,reau?orization ,act ( #bjae1 ! ,presid5t %all submit to ,congress a proposal1 & a /rategy = a*iev+ ! proposal1 t ! ,unit$ ,/ates ,gov]nm5t w pursue ) o!r major export+ c\ntries1 includ+ ,,oecd memb]s & non-,,oecd memb]s1 to elim9ate ov] a p]iod ( n m ?an #aj ye>s subsidiz$ export-f9anc+ programs1 ti$ aid1 export cr$its1 & all o!r =ms ( gov]nm5t-support$ export subsidies4 7d7 ,negotiations ) non-,,oecd memb]s ,! ,presid5t %all initiate & pursue negotiations ) c\ntries t are n ,,oecd memb]s to br+ ^? c\ntries into a multilat]al agreem5t e/abli%+ rules & limitations on (ficially support$ export cr$its4 7e7 ,annual reports on progress ( negotiations ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ! ,export-,import ,bank ,re=m & ,reau?orization ,act ( #bjae1 & annually !reaft] ?r\gh cal5d> ye> #bjai1 ! ,presid5t %all submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives a report on ! progress ( any negotiations describ$ 9 subsection 7d74 4 7b7 ,effective date ,! am5dm5ts made by p>agraphs 7#a7 & 7#b7 ( subsection 7a7 %all apply ) respect to reports requir$ to be submitt$ "u section #aa7;b7 ( ! ,export-,import ,bank ,reau?orization ,act ( #bjab 7#ab ,u4,s4,c4 #fce;a-#e7;b77 aft] ! date ( ! enactm5t ( ?is ,act4 #ejc4 ,/udy ( f9anc+ = in=mation & communications te*nology sy/ems 7a7 ,analysis ( in=mation & communications te*nology indu/ry use ( bank products ,! ,export-,import ,bank ( ! ,unit$ ,/ates 79 ?is section ref]r$ to z ! ,bank7 %all conduct a /udy ( ! ext5t to :i* ! products (f]$ by ! ,bank are available & us$ by companies t export in=mation & communications te*nology s]vices & relat$ goods4 7b7 ,elem5ts ,9 conduct+ ! /udy requir$ by subsection 7a71 ! ,bank %all exam9e ! foll[+3 7#a7 ,! numb] ( jobs 9 ! ,unit$ ,/ates t are support$ by ! export ( in=mation & communications te*nology s]vices & relat$ goods1 & ! degree to :i* access to f9anc+ w increase exports ( su* s]vices & relat$ goods4 7#b7 ,! r$uction 9 ! f9anc+ by ! ,bank ( exports ( in=mation & communications te*nology s]vices f #bjjc ?r\gh #bjad4 7#c7 ,! activities ( =eign export cr$it ag5cies to facilitate ! export ( in=mation & communications te*nology s]vices & relat$ goods4 7#d7 ,specific proposals = h[ ! ,bank c\ld provide additional f9anc+ = ! exportation ( in=mation & communications te*nology s]vices & relat$ goods ?r\gh risk-%>+ ) o!r export cr$it ag5cies & o!r ?ird p>ties4 7#e7 ,proposals = new products ! ,bank c\ld (f] to provide f9anc+ = exports ( in=mation & communications te*nology s]vices & relat$ goods1 includ+-- 7,a7 ! ext5t to :i* ! ,bank is au?oriz$ to (f] new products2 7,b7 ! ext5t to :i* ! ,bank w\ld ne$ additional au?ority to (f] new products to meet ! ne$s ( ! in=mation & communications te*nology indu/ry2 7,c7 specific proposals = *anges 9 law t w\ld enable ! ,bank to provide increas$ f9anc+ = exports ( in=mation & communications te*nology s]vices & relat$ goods 9 compliance ) ! cr$it & risk /&>ds ( ! ,bank2 7,d7 specific proposals t w\ld enable ! ,bank to provide increas$ outrea* to ! in=mation & communications te*nology indu/ry ab\t ! products ! ,bank (f]s2 & 7,e7 specific proposals = *anges 9 law t w\ld enable ! ,bank to provide ! f9anc+ to build in=mation & communications te*nology infra/ructure1 9 compliance ) ! cr$it & risk /&>ds ( ! ,bank1 to all[ = m>ket access opportunities = ,unit$ ,/ates in=mation & communications te*nology companies to provide s]vices on ! infra/ructure be+ f9anc$ by ! ,bank4 7c7 ,report ,n lat] ?an #aha days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,bank %all submit to ,congress a report t conta9s ! results ( ! /udy requir$ by subsection 7a74 ,octob] #bj1 #bjae,read ! second "t & plac$ on ! cal5d>