,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #cdjg ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #ba1 #bjai,ms4 ,wat]s 7= h]self & ,mr4 ,mc,henry7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to /r5g!n ! competitiv5ess ( ! ,unit$ ,/ates1 to mod]nize & re=m ! ,unit$ ,/ates ,export ,f9ance ,ag5cy1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,unit$ ,/ates ,export ,f9ance ,ag5cy ,act ( #bjai4 #b4 ,table ( cont5ts ,! table ( cont5ts ( ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title4 ,sec4 #b4 ,table ( cont5ts4 ,sec4 #c4 ,f9d+s4 ,sec4 #d4 ,r5am+ ( ! ,export-,import ,bank ( ! ,unit$ ,/ates4 ,title ,i--,promot+ ,unit$ ,/ates lead]%ip & innovation ,sec4 #aja4 ,au?orization p]iod4 ,sec4 #ajb4 ,aggregate loan1 gu>antee1 & insurance au?ority4 ,sec4 #ajc4 ,program on ,*9a & trans=mational exports4 ,sec4 #ajd4 ,/r5g!n+ support = ,u4,s4 small bus9esses4 ,sec4 #aje4 ,(fice ( ,m9ority & ,wom5 ,inclusion4 ,sec4 #ajf4 ,support = ,unit$ ,/ates t]ritories4 ,sec4 #ajg4 ,promot+ r5ewable en]gy exports4 ,sec4 #ajh4 ,alt]native proc$ures dur+ quorum lapse4 ,sec4 #aji4 ,in=mation te*nology sy/ems4 ,sec4 #aaj4 ,adm9i/ratively det]m9$ pay4 ,sec4 #aaa4 ,survey on block*a9 use 9 ! op]ations ( ,unit$ ,/ates export]s4 ,title ,,ii--,improv+ ,ag5cy op]ations & enhanc+ transp>5cy & acc\ntability ,sec4 #bja4 ,annual te/imony4 ,sec4 #bjb4 ,indep5d5t audit ( regional export f9ance c5t]s4 ,sec4 #bjc4 ,risk ,managem5t ,committee4 ,sec4 #bjd4 ,ensur+ ,ag5cy compliance ) additionality requirem5ts4 ,sec4 #bje4 ,re9surance program4 ,sec4 #bjf4 ,report on new ,ag5cy policies1 proc$ures1 & bylaws4 ,sec4 #bjg4 ,report on travel practices ( ,ag5cy employees4 ,sec4 #bjh4 ,report on /eps tak5 to correct defici5cies relat$ to in=mation security4 ,sec4 #bji4 ,additional requirem5ts involv+ c]ta9 transactions4 ,sec4 #baj4 ,anti-fraud re=ms4 ,title ,,iii--,=eign policy consid]ations ,sec4 #cja4 ,*9ese gov]nm5t-own$ ent]prises4 ,sec4 #cjb4 ,int]national negotiations on export subsidies4 ,sec4 #cjc4 ,prohibition on f9anc+ = exports involv+ /ate sponsors ( t]rorism4 ,title ,,iv--,miscellane\s provisions ,sec4 #dja4 ,miscellane\s updates relat+ to ! ,unit$ ,/ates ,export ,f9ance ,ag5cy4 ,sec4 #djb4 ,prohibition on f9anc+ = c]ta9 aviation-relat$ vehicles4 #c4 ,f9d+s ,! ,congress f9ds z foll[s3 7#a7 ,! ,export-,import ,bank ( ! ,unit$ ,/ates 7,,exim7--! (ficial export cr$it ag5cy ( ! ,unit$ ,/ates--is design$ to help create & support ,u4,s4 jobs by provid+ ,am]ican export]s ) ! f9anc+ tools necess>y to compete 9 ! global m>kets4 7#b7 ,ov] its #he-ye> hi/ory1 "u bo? ,republican & ,democratic adm9i/rations1 ! ,export-,import ,bank ( ! ,unit$ ,/ates has be5 reau?oriz$ #ag times ) l>ge bip>tisan majorities 9 ,congress4 7#c7 ,ov] ! la/ #aj ye>s1 ! ,export-,import ,bank ( ! ,unit$ ,/ates has f9anc$ m ?an #ahf1jjj1jjj1jjj 9 au?orizations support+ m ?an #bee1jjj1jjj1jjj 9 ,unit$ ,/ates exports & support$ #a1fjj1jjj ,unit$ ,/ates jobs 9 all #ej /ates2 9 fiscal ye> #bjah1 ,,exim au?oriz$ #c1cjj1jjj1jjj 9 f9anc+ & support$ an e/imat$ #cc1jjj ,unit$ ,/ates jobs4 7#d7 ,by its *>t]1 x is ! policy ( ! ,unit$ ,/ates t ! ,export-,import ,bank ( ! ,unit$ ,/ates %\ld n compete ) ! private sector1 b r to fill export f9anc+ gaps ?r\gh its insurance1 loan gu>antee1 & direct l5d+ programs :5 ! private sector is unable or unwill+ to d s4 7#e7 ,) m ?an #ajj export cr$it ag5cies globally1 ! ,export-,import ,bank ( ! ,unit$ ,/ates1 if appropriately utiliz$1 c level ! play+ field to ensure t ,unit$ ,/ates companies w n lose out on a sale ( ,unit$ ,/ates exports because ( f9anc+ t]ms (f]$ by =eign gov]nm5ts4 7#f7 ,9 fiscal ye> #bjah1 #ij4e p]c5t ( ! ,export-,import ,bank ( ! ,unit$ ,/ates' au?orizations directly support$ small bus9esses1 includ+ #cae small bus9esses t us$ ! ,export-,import ,bank ( ! ,unit$ ,/ates = ! fir/ "t4 7#g7 ,9 fiscal ye> #bjad1 :5 ! ,export-,import ,bank ( ! ,unit$ ,/ates 0 la/ fully op]ational1 ,,exim au?oriz$ #gea1jjj1jjj to support m9ority- & wom5-own$ bus9ess exports4 7#h7 ,9 fiscal ye> #bjah1 ! ,export-,import ,bank ( ! ,unit$ ,/ates approv$ #dea1djj1jjj 9 support ( m9ority- or woman-own$ bus9esses1 :i* acc\nt$ = #ba p]c5t ( total small bus9ess au?orizations4 7#i7 ,! *>t] ( ! ,export-,import ,bank ( ! ,unit$ ,/ates requires ! ,bank to l5d only if !re exi/s reasonable assurance t x w be repaid1 & ,congress subjects ,,exim to /atutory re/rictions & ov]sight to safegu>d its fiscal s\ndness1 limit mismanagem5t1 & prev5t corruption4 7#aj7 ,,exim 0 la/ reau?oriz$ 9 ,decemb] #bjae1 & its *>t] expires ,septemb] #cj1 #bjai4 7#aa7 ,despite bicam]al support = ! ,bank's reau?orization 9 #bjae1 ! ,s5ate did n confirm ! directors ( ,,exim until ,may #bjai4 ,z a result1 ! ,bank did n h a quorum & c\ld n approve transactions ov] #aj1jjj1jjj4 #d4 ,r5am+ ( ! ,export-,import ,bank ( ! ,unit$ ,/ates 7a7 ,9 g5]al ,! ,export-,import ,bank ( ! ,unit$ ,/ates is h]eby r$esignat$ z ! ,unit$ ,/ates ,export ,f9ance ,ag5cy4 7b7 ,ref]5ces ,any ref]5ce to ! ,export-,import ,bank ( ! ,unit$ ,/ates 9 any law1 rule1 regulation1 c]tificate1 directive1 in/ruction1 or o!r (ficial pap] 9 =ce on ! date ( ! enactm5t ( ?is ,act %all be consid]$ to ref] & apply to ! ,unit$ ,/ates ,export ,f9ance ,ag5cy4 ,i ,promot+ ,unit$ ,/ates lead]%ip & innovation #aja4 ,au?orization p]iod ,section #g ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;f7 is am5d$ by /rik+ #bjai & ins]t+ #bjbf4 #ajb4 ,aggregate loan1 gu>antee1 & insurance au?ority ,section #f7;a77#b7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;e7a77#b77 is am5d$ to read z foll[s3 7#b7 ,applicable am\nt def9$ ,9 ?is subsection1 ! t]m applicable am\nt means-- 7,a7 #ade1jjj1jjj1jjj = fiscal ye> #bjbj2 7,b7 #aej1jjj1jjj1jjj = fiscal ye> #bjba2 7,c7 #aee1jjj1jjj1jjj = fiscal ye> #bjbb2 7,d7 #afj1jjj1jjj1jjj = fiscal ye> #bjbc2 7,e7 #afe1jjj1jjj1jjj = fiscal ye> #bjbd2 7,f7 #agj1jjj1jjj1jjj = fiscal ye> #bjbe2 & 7,g7 #age1jjj1jjj1jjj = fiscal ye> #bjbf4 4 #ajc4 ,program on ,*9a & trans=mational exports 7a7 ,9 g5]al ,section #b ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7 is am5d$ by add+ at ! end ! foll[+3 7l7 ,program on *9a & trans=mational exports 7#a7 ,9 g5]al ,! ,ag5cy %all e/abli% a ,program on ,*9a & ,trans=mational ,exports to support ! ext5sion ( loans1 gu>antees1 & insurance1 at rates & on t]ms & o!r conditions1 to ! ext5t practicable1 t are fully competitive ) rates1 t]ms1 & o!r conditions e/abli%$ by ! ,p's ,republic ( ,*9a or by a cov]$ c\ntry1 t aim to-- 7,a7 directly neutralize export subsidies = compet+ goods & s]vices f9anc$ by (ficial export cr$it1 ti$ aid1 or bl5d$ f9anc+ provid$ by ! ,p's ,republic ( ,*9a or by a cov]$ c\ntry2 or 7,b7 advance ! comp>ative lead]%ip ( ! ,unit$ ,/ates ) respect to ! ,p's ,republic ( ,*9a1 or support ,unit$ ,/ates innovation1 employm5t1 & te*nological /&>ds1 ?r\gh direct exports 9 any ( ! foll[+ areas3 7i7 ,artificial intellig5ce4 7ii7 ,biote*nology4 7iii7 ,biom$ical sci5ces4 7iv7 ,wireless communications equipm5t 7includ+ #e;,g or subsequ5t wireless te*nologies74 7v7 ,quantum comput+4 7vi7 ,r5ewable en]gy1 en]gy effici5cy1 & en]gy /orage4 7vii7 ,semiconductor & semiconductor ma*9]y manufactur+4 7viii7 ,em]g+ f9ancial te*nologies1 includ+ te*nologies t facilitate-- 7,i7 f9ancial inclusion ?r\gh increas$ access to capital & f9ancial s]vices2 7,,ii7 data security & privacy2 7,,iii7 paym5ts1 ! transf] ( funds1 & associat$ messag+ s]vices2 & 7,,iv7 ef=ts to combat money laund]+ & ! f9anc+ ( t]rorism4 7ix7 ,associat$ s]vices necess>y = use ( any ( ! =ego+ exports4 7#b7 ,cov]$ c\ntries ,9 ?is subsection1 ! t]m cov]$ c\ntry means any c\ntry t-- 7,a7 ! ,secret>y ( ! ,treasury designates z a cov]$ c\ntry 9 a report to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,developm5t ( ! ,s5ate2 & 7,b7 is n a p>ticipant 9 ! ,arrangem5t on ,(ficially ,support$ ,export ,cr$its ( ! ,organization = ,economic ,coop]ation & ,developm5t 79 ?is subsection ref]r$ to z ! ,arrangem5t72 & 7,c7 is n 9 sub/antial compliance ) ! f9ancial t]ms & conditions ( ! ,arrangem5t4 7#c7 ,f9anc+ 7,a7 ,9 g5]al ,x %all be a goal ( ! ,ag5cy to res]ve n less ?an #bj p]c5t ( ! applicable am\nt 7z def9$ 9 section #f7;a77#b77 = support made pursuant to ! ,program on ,*9a & ,trans=mational ,exports4 7,b7 ,exception ,! ,secret>y ( ! ,treasury may r$uce or elim9ate ! #bj p]c5t goal 9 subp>agraph 7,a71 on report+ to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate t ! ,p's ,republic ( ,*9a is 9 sub/antial compliance )-- 7i7 ! f9ancial t]ms & conditions ( ! ,arrangem5t2 & 7ii7 ! rules & pr9ciples ( ! ,p>is ,club4 7,c7 ,sunset & report ,! program e/abli%$ "u p>agraph 7#a7 %all expire on ,septemb] #cj1 #bjbf4 ,n lat] ?an #d ye>s aft] enactm5t ( ?is subsection1 ! ,presid5t ( ! ,ag5cy %all submit a report to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate assess+ ! foll[+3 7i7 ,! capacity & dem& ( ,unit$ ,/ates entities to export goods & s]vices 9 ! areas describ$ 9 p>agraph 7#a77;,b7 9 consultation ) ! ,secret>y ( ,comm]ce4 7ii7 ,! availability ( private-sector f9anc+ = exports 9 ! areas4 7iii7 ,! feasibility & advisability ( cont9u+ ! goal ( subp>agraph 7,a7 ( ?is p>agraph ) respect to p>agraph 7#a77;,b7 aft] ,septemb] #cj1 #bjbf4 7,d7 ,national advisory c\ncil on int]national f9ancial & monet>y problems ,! ,national ,advisory ,c\ncil on ,int]national ,f9ancial & ,monet>y ,problems %all ensure t ,ag5cy au?orizations pursuant to ! ,program on ,*9a & ,trans=mational ,exports are consid]$ or review$ exp$iti\sly1 consi/5t ) ! o!r cr$it /&>ds requir$ by law4 4 7b7 ,requir$ report+ ,section #h ( su* ,act 7#ab ,u4,s4,c4 #fce;g7 is am5d$ by add+ at ! end ! foll[+3 7l7 ,report on au?orizations "u ! program on *9a & trans=mational exports ,! ,ag5cy %all include 9 its annual report to ,congress "u subsection 7a7 a n>rative & f9ancial summ>y ( ! au?orizations made "u ! ,program on ,*9a & ,trans=mational ,exports4 4 7c7 ,rule ( con/ruction ,no?+ 9 section #b7l77#a77;,b7 ( ! ,export-,import ,bank ,act ( #aide %all be con/ru$ to weak5 any export controls affect+ critical te*nologies 7z def9$ 9 section #gba7;a77#f77;,a7 ( ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #defe7;a77#f77;,a7774 #ajd4 ,/r5g!n+ support = ,u4,s4 small bus9esses 7a7 ,increas+ small bus9ess ?re%old ,section #b7;b77#a77;,e77v7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;b77#a77;,e77v77 is am5d$-- 7#a7 by /rik+ #be p]c5t ( su* au?ority = ea* fiscal ye> & ins]t+ #be p]c5t ( su* au?ority = ea* ( fiscal ye>s #bjbj1 #bjba1 & #bjbb1 & #cj p]c5t ( su* au?ority = ea* fiscal ye> !reaft]2 & 7#b7 by add+ at ! end ! foll[+3 ,= ! purpose ( calculat+ ! am\nts ( au?ority requir$ "u ?is clause1 ! ,ag5cy %all1 ) respect to insurance1 exclude unutiliz$ au?orizations t t]m9at$ dur+ ! fiscal ye>44 7b7 ,small bus9ess policy ,section #b7;b77#a77;,e77i77,i7 ( su* ,act 7#ab ,u4,s4,c4 #fce7;b77#a77;,e77i77,i77 is am5d$ to read z foll[s3 7,i7 ,x is fur!r ! policy ( ! ,unit$ ,/ates to enc\rage ! p>ticipation ( small bus9ess 7includ+ wom5-own$ bus9esses1 m9ority- own$ bus9esses1 vet]an-own$ bus9esses1 bus9esses own$ by p]sons ) disabilities1 & bus9esses 9 rural areas7 & />t-up bus9esses 9 int]national comm]ce1 & to educate ! public ab\t h[ to export goods us+ ! ,unit$ ,/ates ,export ,f9ance ,ag5cy4 4 #aje4 ,(fice ( ,m9ority & ,wom5 ,inclusion 7a7 ,9 g5]al ,section #c7;i7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;a7i77 is am5d$ to read z foll[s3 7i7 ,(fice ( m9ority & wom5 inclusion 7#a7 ,e/abli%m5t ,! ,ag5cy %all e/abli% an ,(fice ( ,m9ority & ,wom5 ,inclusion :i* %all be responsible = c>ry+ out ?is subsection & all matt]s relat+ to div]sity 9 managem5t1 employm5t1 & bus9ess activities 9 accordance ) su* /&>ds & requirem5ts z ! ,director ( ! ,(fice %all e/abli%4 7#b7 ,transf] ( responsibilities ,! ,ag5cy %all ensure t1 to ! ext5t t ! responsibilities describ$ 9 p>agraph 7#a7 7or comp>able responsibilities7 71 z ( ! date ( ! enactm5t ( ?is subsection1 p]=m$ by ano!r (fice ( ! ,ag5cy1 ! responsibilities %all be transf]r$ to ! ,(fice4 7#c7 ,duties ) respect to civil rights laws ,! responsibilities describ$ 9 p>agraph 7#a7 %all n include en=cem5t ( /atutes1 regulations1 or executive ord]s p]ta9+ to civil rights1 except t ! ,director ( ! ,(fice %all coord9ate ) ! ,presid5t ( ! ,ag5cy1 or ! designee ( ! ,presid5t ( ! ,ag5cy1 reg>d+ ! design & implem5tation ( any rem$ies result+ f violations ( ! /atutes1 regulations1 or executive ord]s4 7#d7 ,director 7,a7 ,9 g5]al ,! ,director ( ! ,(fice %all be appo9t$ by1 & %all report directly to1 ! ,presid5t ( ! ,ag5cy4 ,! position ( ,director ( ! ,(fice %all be a c>e] res]v$ position 9 ! ,s5ior ,executive ,s]vice1 z t position is def9$ 9 section #cacb ( title #e1 ,unit$ ,/ates ,code1 or an equival5t designation4 7,b7 ,duties ,! ,director %all-- 7i7 develop /&>ds = equal employm5t opportunity & ! racial1 e?nic1 & g5d] div]sity ( ! work=ce & s5ior managem5t ( ! ,ag5cy2 7ii7 develop /&>ds = increas$ p>ticipation ( m9ority-own$ & wom5-own$ bus9esses 9 ! programs & contracts ( ! ,ag5cy1 includ+ /&>ds = coord9at+ te*nical assi/ance to ! bus9esses2 & 7iii7 enhance ! outrea* activities ( ! ,ag5cy ) respect to1 & increase ! total am\nt ( loans1 gu>antees1 & insurance provid$ by ! ,ag5cy to support exports by socially & economically disadvantag$ small bus9ess conc]ns 7z def9$ 9 section #h7;a77#d7 ( ! ,small ,bus9ess ,act7 & small bus9ess conc]ns own$ by wom54 7,c7 ,o!r duties ,! ,director %all advise ! ,presid5t ( ! ,ag5cy on ! impact ( ! policies ( ! ,ag5cy on m9ority-own$ & wom5-own$ bus9esses4 7#e7 ,inclusion 9 all levels ( bus9ess activities 7,a7 ,contracts ,! ,director ( ! ,(fice %all develop & implem5t /&>ds & proc$ures to ensure1 to ! maximum ext5t possible1 ! inclusion & utilization ( m9orities 7z def9$ 9 section #abjd7;c7 ( ! ,f9ancial ,in/itutions ,re=m1 ,recov]y1 & ,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4 #ahaa note77 & wom51 & m9ority- & wom5-own$ bus9esses 7z su* t]ms are def9$ 9 section #ba;,a7r77#d7 ( ! ,f$]al ,home ,loan ,bank ,act 7#ab ,u4,s4,c4 #adda;a7r77#d77 9 all bus9ess & activities ( ! ,ag5cy at all levels1 includ+ 9 procurem5t1 insurance1 & all types ( contracts4 ,! processes e/abli%$ by ! ,ag5cy = review & evaluation = contract proposals & to hire s]vice provid]s %all include a compon5t t gives consid]ation to ! div]sity ( ! applicant4 7,b7 ,applicability ,?is subsection %all apply to all contracts = s]vices ( any k9d1 includ+ all contracts = all bus9ess & activities ( ! ,ag5cy1 at all levels4 7,c7 ,outrea* ,! ,ag5cy %all e/abli% a m9ority outrea* program to ensure ! inclusion 7to ! maximum ext5t possible7 9 contracts ent]$ into by ! ent]prises ( m9orities & wom5 & bus9esses own$ by m9orities & wom51 includ+ f9ancial in/itutions1 inve/m5t bank+ firms1 und]writ]s1 acc\ntants1 brok]s1 & provid]s ( legal s]vices4 7#f7 ,div]sity 9 ag5cy work=ce ,! ,ag5cy %all take affirmative /eps to seek div]sity 9 its work=ce at all levels ( ! ,ag5cy consi/5t ) ! demographic div]sity ( ! ,unit$ ,/ates1 9 a mann] consi/5t ) applicable law1 includ+-- 7,a7 to ! ext5t ! ,ag5cy engages 9 recruitm5t ef=ts to fill vacancies-- 7i7 recruit+ at hi/orically ,black colleges & univ]sities1 ,hispanic-s]v+ in/itutions1 wom5's colleges1 & colleges t typically s]ve majority m9ority populations2 & 7ii7 recruit+ at job fairs 9 urban communities1 & plac+ employm5t adv]tisem5ts 9 newspap]s & magaz9es ori5t$ t[>d wom5 & p ( color2 7,b7 p>tn]+ ) organizations t are focus$ on develop+ opportunities = m9orities & wom5 to place tal5t$ "y m9orities & wom5 9 indu/ry int]n%ips1 summ] employm5t1 & full-"t positions2 & 7,c7 by use ( any o!r mass m$ia communications t ! ,director ( ! ,(fice det]m9es necess>y4 4 7b7 ,inclusion 9 annual report ,section #h ( su* ,act 7#ab ,u4,s4,c4 #fce;g71 z am5d$ by section #ajc7;b7 ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+3 7m7 ,(fice ( ,m9ority & ,wom5 ,inclusion ,! ,ag5cy %all include 9 its annual report to ! ,congress "u subsection 7a7 a report f ! ,(fice ( ,m9ority & ,wom5 ,inclusion reg>d+ ! actions tak5 by ! ,ag5cy & ! ,(fice pursuant to section #c7;i71 :i* %all include-- 7#a7 a /atem5t ( ! total am\nts paid by ! ,ag5cy to contractors s9ce ! mo/ rec5t report "u ?is subsection2 7#b7 ! p]c5tage ( ! am\nts describ$ 9 p>agraph 7#a7 t 7 paid to contractors z describ$ 9 section #c7;i77#e77;,a72 7#c7 ! successes a*iev$ & *all5ges fac$ by ! ,ag5cy 9 op]at+ m9ority & wom5 outrea* programs2 7#d7 ! *all5ges ! ,ag5cy may face 9 hir+ qualifi$ m9ority & wom5 employees & contract+ ) qualifi$ m9ority-own$ & wom5-own$ bus9esses2 & 7#e7 any o!r in=mation1 f9d+s1 conclusions1 & recomm5dations = legislative or ,ag5cy action1 z ! ,director ( ! ,(fice deems appropriate4 4 #ajf4 ,support = ,unit$ ,/ates t]ritories 7a7 ,creation ( ! ,(fice ( ,t]ritorial ,export+ ,section #c ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;a7 is am5d$ by add+ at ! end ! foll[+3 7n7 ,(fice ( t]ritorial export+ ,! ,presid5t ( ! ,ag5cy %all e/abli% an ,(fice ( ,t]ritorial ,export+1 & %all hire su* /aff z may be necess>y1 includ+ at lea/ #a /aff] responsible = liais+ ) ,pu]to ,rico1 to p]=m ! functions ( ! ,(fice1 :i* %all be to promote ! export ( goods & s]vices f ! t]ritories1 conduct outrea*1 education1 & dissem9ate in=mation conc]n+ export opportunities & ! availability ( ,ag5cy support = su* activities1 & to increase ! total am\nt ( loans1 gu>antees1 & insurance provid$ by ! ,ag5cy b5efitt+ ! t]ritories4 ,9 ?is ,act1 ! t]m t]ritory means ! ,commonweal? ( ,pu]to ,rico1 ! ,unit$ ,/ates ,virg9 ,isl&s1 ,guam1 ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s1 & ,am]ican ,samoa4 4 7b7 ,annual report ,section #h ( su* ,act 7#ab ,u4,s4,c4 #fce;g71 z am5d$ by sections #ajc7;b7 & #aje7;b7 ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+3 7n7 ,report on activities 9 ! t]ritories ,! ,ag5cy %all include 9 its annual report to ,congress "u subsection 7a7 a report on ! /eps tak5 by ! ,ag5cy 9 ! p]iod cov]$ by ! report to increase-- 7#a7 aw>5ess ( ! ,ag5cy & its s]vices 9 ! t]ritories2 & 7#b7 ! provision ( ,ag5cy support to export bus9esses 9 ! t]ritories4 4 #ajg4 ,promot+ r5ewable en]gy exports 7a7 ,(fice ( f9anc+ = r5ewable en]gy1 en]gy effici5cy & en]gy /orage exports ,section #b7;b77#a77;,c7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;b77#a77;,c77 is am5d$ to read z foll[s3 7,c7 ,(fice ( f9anc+ = r5ewable en]gy1 en]gy effici5cy & en]gy /orage ,! ,presid5t ( ! ,ag5cy %all e/abli% an (fice ^: functions %all be to promote ! export ( goods & s]vices to be us$ 9 ! developm5t1 production1 & di/ribution ( r5ewable en]gy res\rces1 & en]gy effici5cy & en]gy /orage te*nologies1 & dissem9ate in=mation conc]n+ export opportunities & ! availability ( ,ag5cy support = su* activities1 to increase ! total am\nt ( loans1 gu>antees1 & insurance provid$ by ! ,ag5cy to support exports relat$ to r5ewable en]gy1 en]gy effici5cy1 & en]gy /orage4 4 7b7 ,f9anc+ = r5ewable en]gy1 en]gy effici5cy1 & en]gy /orage te*nologies ,section #b7;b77#a77,k7 ( su* ,act 7#ab ,u4,s4,c4 #fce7;b77#a77,k77 is am5d$ by ins]t+ 1 en]gy effici5cy & en]gy /orage4 ,x %all be a goal ( ! ,ag5cy to ensure t n less ?an #e p]c5t ( ! applicable am\nt 7z def9$ 9 section #f7;a77#b77 is made available ea* fiscal ye> = ! f9anc+ ( r5ewable en]gy1 en]gy effici5cy & en]gy /orage te*nology exports be=e ! p]iod4 7c7 ,annual report ,section #h ( su* ,act 7#ab ,u4,s4,c4 #fce;g71 z am5d$ by sections #ajc7;b71 #aje7;b71 & #ajf7;b7 ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+3 7o7 ,ef=ts ( ag5cy ,to promote export ( goods & s]vices relat$ to r5ewable en]gy s\rces1 en]gy effici5cy1 & en]gy /orage ,a description ( ! activities ( ! ,ag5cy ) respect to enhanc+ outrea* & f9anc+ r5ewable en]gy1 en]gy effici5cy1 & en]gy /orage projects und]tak5 "u section #b7;b77#a77,k72 an assessm5t ( its success & failure 9 meet+ ! goal set out 9 section #b7;b77#a77,k72 :]e applicable1 ! specific measures ! ,ag5cy w take 9 ! upcom+ ye> to make progress t[>ds meet+ ! goal outl9$ 9 section #b7;b77#a77,k71 includ+ exp&$ outrea*1 product improvem5ts1 & relat$ actions2 & an analysis comp>+ ! level ( support ext5d$ by ! ,ag5cy = r5ewable en]gy1 en]gy effici5cy & en]gy /orage projects ) ! level ( support s ext5d$ = ! prec$+ fiscal ye>4 4 7d7 ,s5se ( ! ,congress reg>d+ ,ag5cy acc\ntability ,x is ! s5se ( ! ,congress t-- 7#a7 ! ,bo>d ( ,directors ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy 79 ?is section ref]r$ to z ! ,ag5cy7 %\ld1 aft] a public consultation process1 e/abli% a =mal1 transp>5t1 & indep5d5t acc\ntability me*anism to review1 inve/igate1 (f] indep5d5t dispute resolution to resolve1 & publicly report on allegations by affect$ p>ties ( any failure ( ! ,ag5cy to foll[ its own policies & proc$ures ) reg>d to ! environm5tal & social effects ( projects1 & on situations :]e ! ,ag5cy is alleg$ to h fail$ 9 ensur+ ! borr[] is fulfill+ its obligations 9 f9anc+ agreem5ts ) respect to ! policies & proc$ures2 7#b7 ! acc\ntability me*anism %\ld be able to provide advice to managem5t on policies1 proc$ures1 guidel9es1 res\rces1 & sy/ems e/abli%$ to ensure adequate review & monitor+ ( ! environm5tal & social effects ( projects2 7#c7 9 c>ry+ out its m&ate1 ! confid5tiality ( s5sitive bus9ess in=mation %\ld be respect$1 z appropriate1 &1 9 consultation ) affect$ p>ties1 project sponsors1 ,ag5cy managem5t1 & o!r relevant p>ties1 a flexible process %\ld be foll[$ aim$ prim>ily at correct+ project failures & a*iev+ bett] results on ! gr\nd2 7#d7 ! acc\ntability me*anism %\ld be indep5d5t ( ! l9e op]ations ( managem5t1 & report its f9d+s & recomm5dations directly to ! ,bo>d ( ,directors ( ! ,ag5cy & annually to ! ,congress2 7#e7 ! annual report ( ! ,ag5cy %\ld include a detail$ acc\nt+ ( ! activities ( ! acc\ntability me*anism = ! ye> cov]$ by ! report & ! rem$ial actions tak5 by ! ,ag5cy 9 response to ! f9d+s ( ! acc\ntability me*anism2 7#f7 9 coord9ation ) ! acc\ntability me*anism1 ! ,ag5cy & relevant p>ties %\ld engage 9 proactive outrea* to communities affect$ or pot5tially affect$ by ,ag5cy f9anc+ & activities to provide in=mation on ! exi/5ce & availability ( ! acc\ntability me*anism2 7#g7 ! ,presid5t ( ! ,ag5cy %\ld1 subject to ! approval ( ! ,bo>d ( ,directors ( ! ,ag5cy1 ?r\gh an op5 & competitive process1 includ+ solicitation ( input f relevant /akehold]s1 appo9t a director ( ! acc\ntability me*anism1 :o w\ld be responsible = ! day-to-day op]ations ( ! me*anism1 & a panel ( n less ?an #c exp]ts1 includ+ ! director1 :o w\ld also s]ve z *air ( ! panel2 & 7#h7 ,ag5cy employees %\ld be ineligible to s]ve z ! acc\ntability me*anism *air or on ! panel ( exp]ts until at lea/ #e ye>s h elaps$ f _! "t ( employm5t at ! ,ag5cy1 & %\ld be b>r$ f future employm5t at ! ,ag5cy aft] _! t5ure ) ! acc\ntability me*anism4 #ajh4 ,alt]native proc$ures dur+ quorum lapse 7a7 ,9 g5]al ,section #c7;c77#f7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;a7c77#f77 is am5d$-- 7#a7 by ins]t+ 7,a7 aft] 7#f72 & 7#b7 by add+ at ! end ! foll[+3 7,b7 7i7 ,if a quorum ( ! ,bo>d ( ,directors has n be5 9 place = #ij consecutive days dur+ ! t]m ( a ,presid5t1 a tempor>y ,bo>d1 consi/+ ( ! foll[+ memb]s1 %all act 9 ! /ead ( ! ,bo>d ( ,directors3 7,i7 ,! ,unit$ ,/ates ,trade ,repres5tative1 :o %all s]ve z ,*airp]son ( ! ,tempor>y ,bo>d4 7,,ii7 ,! ,secret>y ( ! ,treasury4 7,,iii7 ,! ,secret>y ( ,comm]ce4 7,,iv7 ,! memb]s ( ! ,bo>d ( ,directors4 7ii7 ,a memb] describ$ 9 subclause 7,i71 7,,ii71 or 7,,iii7 ( clause 7i7 may delegate ! au?ority ( ! memb] to vote on :e!r to au?orize a transaction1 ^: value does n exce$ #ajj1jjj1jjj1 to-- 7,i7 if ! memb] is 9 ,unit$ ,/ates ,trade ,repres5tative1 ! ,deputy ,unit$ ,/ates ,trade ,repres5tative2 or 7,,ii7 if ! memb] is ref]r$ to 9 su* subclause 7,,ii7 or 7,,iii71 ! ,deputy ,secret>y ( ! dep>tm5t ref]r$ to 9 ! subclause4 7iii7 ,if ! tempor>y ,bo>d consi/s only ( memb]s ( #a political p>ty1 ! ,presid5t ( ! ,unit$ ,/ates %all1 to ! ext5t practicable1 appo9t to ! tempor>y ,bo>d a qualifi$ memb] ( a diff]5t political p>ty :o occupies a position requir+ nom9ation by ! ,presid5t1 by & ) ! advice & cons5t ( ! ,s5ate4 7iv7 ,! tempor>y ,bo>d may approve transactions ov] #be1jjj1jjj only by a unanim\s vote ( ! tempor>y ,bo>d1 & may n *ange or am5d ,ag5cy policies1 proc$ures1 bylaws1 or guidel9es4 7v7 ,! tempor>y ,bo>d %all expire at ! end ( ! t]m ( ! ,presid5t 9 (fice at ! "t ! tempor>y ,bo>d 0 con/itut$4 7vi7 ,) respect to a transaction t equals or exce$s #ajj1jjj1jjj1 ! ,*airp]son ( ! ,tempor>y ,bo>d %all ensure t ! ,ag5cy complies ) section #b7;b77#c74 4 7b7 ,sunset ,! am5dm5ts made by subsection 7a7 %all h no =ce or effect aft] ! #g-ye> p]iod t beg9s ) ! date ( ! enactm5t ( ?is ,act4 #aji4 ,in=mation te*nology sy/ems ,section #c7;j7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;a7j77 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ all t prec$es subp>agraph 7,a7 & ins]t+ ! foll[+3 7#a7 ,9 g5]al ,subject to p>agraphs 7#c7 & 7#d71 ! ,ag5cy may use an am\nt equal to #a4be p]c5t ( ! surplus ( ! ,ag5cy dur+ fiscal ye>s #bjbj ?r\gh #bjbf to-- 2 & 7#b7 by /rik+ p>agraph 7#c7 & ins]t+ ! foll[+3 7#c7 ,limitation ,! aggregate ( ! am\nts us$ 9 accordance ) p>agraph 7#a7 = fiscal ye>s #bjbj ?r\gh #bjbf %all n exce$ #bh1jjj1jjj4 4 #aaj4 ,adm9i/ratively det]m9$ pay ,section #c ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;a71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+3 7o7 ,comp5sation ( employees 7#a7 ,rates ( pay ,subject to p>agraph 7#b71 ! ,bo>d ( ,directors ( ! ,ag5cy1 consi/5t ) /&>ds e/abli%$ by ! ,director ( ! ,(fice ( ,m9ority & ,wom5 ,inclusion1 may set & adju/ rates ( basic pay = employees & new hires ( ! ,ag5cy )\t reg>d to ! provisions ( *apt] #ea & sub*apt] ,,iii ( *apt] #ec ( title #e1 ,unit$ ,/ates ,code1 except t no employee ( ! ,ag5cy may receive a rate ( basic pay t exce$s ! rate = level ,,iii ( ! ,executive ,s*$ule "u section #ecac ( su* title4 7#b7 ,limitations ,! ,bo>d ( ,directors ( ! ,ag5cy may n apply p>agraph 7#a7 to m ?an #ce employees at any po9t 9 "t4 ,no?+ 9 p>agraph 7#a7 may be con/ru$ to apply to any position ( a confid5tial or policy-det]m9+ "* t is except$ f ! competitive s]vice "u section #ccjb ( title #e1 ,unit$ ,/ates ,code1 7pursuant to section ,c ( subp>t ,c ( "p #bac ( title #e ( ! ,code ( ,f$]al ,regulations7 or to any position t w\ld o!rwise be subject to section #ecaa or #ecgf ( title #e1 ,unit$ ,/ates ,code4 4 #aaa4 ,survey on block*a9 use 9 ! op]ations ( ,unit$ ,/ates export]s ,)9 #cfj days aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft] = ! succe$+ #e ye>s1 ! ,presid5t ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy %all submit to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate a writt5 report t includes ! foll[+3 7#a7 ,a survey ( ,unit$ ,/ates export]s b5efitt+ f ,ag5cy support reg>d+ ! use ( block*a9 9 _! op]ations1 includ+ _! managem5t ( supply *a9s1 contracts1 & paym5ts4 7#b7 ,an assessm5t ( ! effects ( block*a9 on reliability1 transp>5cy1 & security 9 ! op]ations4 7#c7 ,any policy recomm5dations to improve ! developm5t1 use1 & security ( block*a9 9 ! op]ations ( ,unit$ ,/ates export]s4 ,,ii ,improv+ ,ag5cy op]ations & enhanc+ transp>5cy & acc\ntability #bja4 ,annual te/imony ,! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce-fce;i-#i7 is am5d$ by ins]t+ aft] section #h;,a ! foll[+3 #h;,b4 ,annual te/imony ,= ea* fiscal ye> ?r\gh fiscal ye> #bjbf1 aft] submitt+ ! annual report to ,congress "u section #h7;a7 = ! fiscal ye>1 ! ,presid5t ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy %all1 on reque/1 appe> be=e ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate to pres5t te/imony on-- 7#a7 ! activities ( ! ,ag5cy 9 ! fiscal ye> cov]$ by ! report1 p>ticul>ly activities pursuant to ! ,project on ,*9a & ,trans=mational ,exports2 7#b7 ! actions tak5 by ,ag5cy managem5t to /r5g!n ! ability ( ! ,ag5cy to comply ) all /atutory requirem5ts1 & ) ,ag5cy policies & proc$ures1 includ+ policies & proc$ures relat+ to anti-fraud controls1 und]writ+ /&>ds1 & additionality2 7#c7 ! results ( ! mo/ rec5t ,f$]al ,employee ,viewpo9t ,survey or o!r comp>able rese>* on /aff p]spectives at ! ,ag5cy2 7#d7 ! /atus ( ,ag5cy ef=ts 9 ! prec$+ fiscal ye> to mean+fully address recomm5dations propos$ by ! ,inspector ,g5]al1 ,unit$ ,/ates ,export ,f9ance ,ag5cy2 & 7#e7 outrea* ef=ts to increase small bus9ess aw>5ess & use ( ! ,ag5cy1 includ+ ef=ts und]tak5 pursuant to section #c7;i74 4 #bjb4 ,indep5d5t audit ( regional export f9ance c5t]s 7a7 ,audit ,! ,inspector ,g5]al ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy %all conduct an audit ( ! op]ation ( ! ,regional ,export ,f9ance ,c5t]s ( ! ,ag5cy1 includ+ a review (-- 7#a7 :e!r ! metrics us$ by ! ,(fice ( ,small ,bus9ess to evaluate regional (fice employees adh]e to guidance issu$ by ! ,unit$ ,/ates ,(fice ( ,p]sonnel ,managem5t & ! ,civil ,s]vice ,re=m ,act2 7#b7 :e!r metrics us$ by ! ,(fice ( ,small ,bus9ess to evaluate regional (fice employees are suffici5tly tailor$ to p]=mance requirem5ts2 7#c7 :e!r metrics h un9t5d$ consequ5ces 9 ! use ( ,ag5cy programs2 & 7#d7 metrics are align$ ) ! requirem5ts ( section #b7;b77#a77;,e77v7 ( ! ,export-,import ,bank ,act ( #aide4 7b7 ,report ,n lat] ?an #ahj days aft] ! audit requir$ by subsection 7a7 is complet$1 ! ,ag5cy %all submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives a writt5 report detail+ ! ,ag5cy's plan to address defici5cies outl9$ 9 ! audit4 #bjc4 ,risk ,managem5t ,committee 7a7 ,9 g5]al ,section #c7m7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce;a7m77 is am5d$ to read z foll[s3 7m7 ,risk managem5t committee 7#a7 ,memb]%ip2 *air ,!re %all be a ,risk ,managem5t ,committee consi/+ ( ! ,directors ( ! ,ag5cy o!r ?an ! ,*airman or ! ,vice ,*airman4 ,! ,*airman ( ! ,bo>d ( ,directors ( ! ,ag5cy %all designate a memb] ( ! ,risk ,managem5t ,committee to s]ve z *air ( ! ,risk ,managem5t ,committee4 ,if1 because ( #a or m vacancies 9 ! (fices ( ! ,directors o!r ?an ! ,*airman or ! ,vice ,*airman1 ! ,risk ,managem5t ,committee w\ld h only #a or #b memb]s1 ! ,g5]al ,c\nsel %all also s]ve z a memb] ( ! ,risk ,managem5t ,committee1 b %all n s]ve z *air4 ,if ! ,*airman & ! ,vice ,*airman are ! only ,directors 9 (fice1 ! ,risk ,managem5t ,committee %all consi/ ( ! ,*airman & ! ,g5]al ,c\nsel1 & ! ,g5]al ,c\nsel %all s]ve z *air4 7#b7 ,duties ,! ,risk ,managem5t ,committee %all report to ! ,bo>d ( ,directors1 & %all be responsible = provid+ assi/ance to ! ,bo>d 9-- 7,a7 fulfill+ ! acc\nt+ & report+ responsibilities ( ! ,bo>d2 7,b7 det]m9+ t ! ,ag5cy has adequate adm9i/rative & f9ancial controls2 7,c7 review+ ! f9ancial /atem5ts prep>$ by managem5t = di/ribution to ! ,congress & ! public2 7,d7 provid+ direction ov] ! int]nal audit function & ! indep5d5t acc\ntants2 7,e7 ov]see+1 9 conjunction ) ! ,(fice ( ! ,*ief ,f9ancial ,(fic] ( ! ,ag5cy-- 7i7 p]iodic /ress te/+ on ! entire ,ag5cy portfolio1 reflect+ diff]5t m>ket1 indu/ry1 & macroeconomic sc5>ios1 & consi/5t ) be/ practices ( comm]cial & multilat]al developm5t banks2 & 7ii7 ! monitor+ ( indu/ry1 geographic1 & obligor exposure levels2 & 7,f7 review+ all requir$ reports on ! default rate ( ! ,ag5cy be=e submission to ,congress "u section #h7;g74 7#c7 ,quorum #b memb]s ( ! ,risk ,managem5t ,committee %all con/itute a quorum4 4 7b7 ,con=m+ repeal ,section #eajjf ( ! ,fix+ ,am]ica's ,surface ,transportation ,act 7#abi ,/at4 #agff2 ,public ,law #ajd-id7 is h]eby repeal$4 #bjd4 ,ensur+ ,ag5cy compliance ) additionality requirem5ts 7a7 ,writt5 docum5tation requirem5ts ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,bo>d ( ,directors ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy %all1 ) respect to an au?orization 9 connection ) a transaction equal to or 9 excess ( #be1jjj1jjj-- 7#a7 adopt & implem5t policies & proc$ures to ensure t ! ,ag5cy includes writt5 docum5tation ( ! det]m9ation & v]ification ( additionality 9 its records1 includ+-- 7,a7 a description ( attempts by relevant p>ties to a transaction to obta9 private-sector f9anc+2 7,b7 an explanation ( h[ ! level ( ,ag5cy f9anc+ responds to limitations 9 ! availability or t]ms ( private capital2 & 7,c7 an assessm5t1 to ! ext5t practicable1 ( ! availability & t]ms ( compet+ f9anc+ by a =eign export cr$it ag5cy2 7#b7 consult ) ! ,*ief ,in=mation ,(fic] & ! ,inspector ,g5]al ( ! ,ag5cy to implem5t appropriate recordkeep+ practices = ! writt5 docum5tation1 z well z = any o!r docum5tation requir$ by ,ag5cy policies & proc$ures2 & 7#c7 submit to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate a writt5 report t includes a copy ( ! policies & proc$ures ( ! ,ag5cy reg>d+ additionality1 & an explanation ( h[ ! ,ag5cy uses ! det]m9ation & v]ification ( additionality to evaluate applications = support4 assi/ance4 7b7 ,,gao reviews ( ag5cy policies & proc$ures = additionality det]m9ation & v]ification ,9 ea* ( cal5d> ye>s #bjbj1 #bjbb1 & #bjbd1 & #bjbf1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all review ! policies & proc$ures ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy relat+ to h[ ! ,ag5cy makes a judgm5t t a transaction is unlikely to proce$ )\t support f ! ,ag5cy1 & ! docum5tation support+ su* a judgm5t1 & submit ! result ( ! review to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate1 along ) any recomm5dations to /r5g!n ,ag5cy policies & processes to det]m9e additionality & prev5t ! ,ag5cy f compet+ ) private capital1 z describ$ 9 section #b7;b77#a77;,b7 ( ! ,export-,import ,bank ,act ( #aide4 7c7 ,additional in=mation requir$ ,to be provid$ to ,congress be=e approv+ c]ta9 support ,section #b7;b77#c77;,b7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;b77#c77;,b77 is am5d$ by ins]t+ 1 a det]m9ation by ! ,ag5cy z to :e!r f9anc+ by ! ,ag5cy fully meets ! additionality policies ( ! ,ag5cy1 & a non-confid5tial summ>y ( ! facts & conclusions rea*$ 9 a detail$ economic impact analysis or simil> /udy conduct$ pursuant to subsection 7e77#g7 be=e ! p]iod4 #bje4 ,re9surance program ,section #eajjh ( ! ,fix+ ,am]ica's ,surface ,transportation ,act 7#ab ,u4,s4,c4 #fce note7 is am5d$-- 7#a7 9 ! section head+1 by /rik+ ,pilot2 7#b7 9 subsection 7a71 by /rik+ pilot2 & 7#c7 by /rik+ subsections 7c7 ?r\gh 7e7 & ins]t+ ! foll[+3 7c7 ,factors = consid]ation 9 re9surance pools ,9 implem5t+ ?is section1 ! ,ag5cy %all1 ) respect to a re9surance pool1 pursue appropriate objectives to r$uce risk & co/s to ! ,ag5cy1 includ+ by ! foll[+1 to ! ext5t practicable3 7#a7 ,ensur+ a reasonable div]sification ( risks4 7#b7 ,includ+ l>g] exposures :]e ! possibility ( default raises ov]all portfolio risk = ! ,ag5cy4 7#c7 ,exclud+ transactions f ! pool t are cov]$ by fir/-loss protection4 7#d7 ,exclud+ transactions f ! pool t are collat]aliz$ at a rate great] ?an /&>d m>ket practice4 7#e7 ,div]sify+ re9surance pools by indu/ry & o!r appropriate factors4 7#f7 ,explor+ diff]5t "t p]iods ( cov]age4 7#g7 ,explor+ bo? excess ( loss /ructures on a p]-borr[] z well z an aggregate basis4 7d7 ,bi5nial reports ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is subsection1 & e #b ye>s !reaft] ?r\gh #bjbf1 ! ,ag5cy %all submit to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate a writt5 report t conta9s an assessm5t ( ! use ( ! program c>ri$ out "u subsection 7a7 s9ce ! mo/ rec5t report "u ?is subsection4 7e7 ,rule ( con/ruction ,no?+ 9 ?is section %all be con/ru$ to limit any au?ority ( ! ,ag5cy describ$ 9 section #b7;a77#a7 ( ! ,export-,import ,bank ,act ( #aide4 4 #bjf4 ,report on new ,ag5cy policies1 proc$ures1 & bylaws ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,presid5t ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy %all transmit to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate a copy ( all policies1 proc$ures1 & bylaws ( ! ,ag5cy approv$ by ! ,bo>d ( ,directors ( ! ,ag5cy t are 9 effect on su* date ( enactm5t4 ,)9 #cj days aft] ! ,bo>d ( ,directors ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy adopts or am5ds su* a policy1 proc$ure1 or bylaw1 ! ,presid5t ( ! ,ag5cy %all transmit a copy ( ! adopt$ or am5d$ policy1 proc$ure1 or bylaw to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate4 #bjg4 ,report on travel practices ( ,ag5cy employees ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft] = ! succe$+ #g ye>s1 ! ,presid5t ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy %all submit to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate a writt5 report t provides details on au?oriz$ travel by ,ag5cy (fic]s & employees 9 ! prec$+ ye>1 includ+ ! foll[+3 7#a7 ,travel />t date & end date4 7#b7 ,de/9ation or de/9ations4 7#c7 ,! dep>tm5t & division employ+ ! travel]4 7#d7 ,obligat$ travel co/s4 7#e7 ,class ( travel4 7#f7 ,! am\nt ( any reimburs$ travel co/s or o!r =ms ( sponsor%ip4 #bjh4 ,report on /eps tak5 to correct defici5cies relat$ to in=mation security ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,presid5t ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy %all submit to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate a writt5 report on ! /eps ! ,ag5cy is tak+ to correct ! defici5cies 9 policies1 proc$ures1 & programs id5tifi$ 9 ! ,indep5d5t ,audit ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy's ,in=mation ,security ,program ,effectiv5ess = ,fiscal ,ye> #bjah 7,,oig-,,ar-#ai-jc74 #bji4 ,additional requirem5ts involv+ c]ta9 transactions 7a7 ,9 g5]al ,section #b7;b7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;b77 is am5d$ by add+ at ! end ! foll[+3 7#ad7 7,a7 ,if ! out/&+ loans1 gu>antees1 & insurance au?oriz$ by ! ,ag5cy 9 association ) a ,unit$ ,/ates export] or a ,unit$ ,/ates l5d] equals or exce$s ! prescrib$ am\nt at any po9t 9 a fiscal ye>1 ! ,presid5t ( ! ,ag5cy %all transmit to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate a detail$ description ( policies & practices by ! ,unit$ ,/ates export] or ,unit$ ,/ates l5d]1 z ! case may be1 reg>d+-- 7i7 div]sity 9 managem5t1 employm5t1 & bus9ess activities1 includ+ data p]ta9+ to-- 7,i7 equal employm5t opportunity & ! racial1 e?nic1 & g5d] div]sity ( ! work=ce & s5ior managem5t2 7,,ii7 outrea* programs to hire qualifi$ wom5 & m9ority employees & contract ) qualifi$ m9ority-own$ & wom5-own$ bus9esses2 7,,iii7 ! p>ticipation ( wom5-own$ & m9ority-own$ bus9esses 9 procurem5t & contract+1 includ+ z suppli]s & subcontractors2 & 7,,iv7 developm5ts ) respect to ?is clause1 includ+ job creation = wom5 & m9ority employees1 suppli]s1 & contractors1 result+ f ! policies & practices describ$ 9 ?is subp>agraph dur+ ! prec$+ ye>2 & 7ii7 outrea* ef=ts to small bus9esses dur+ ! prec$+ ye>1 includ+ ef=ts t-- 7,i7 raise aw>5ess ( small bus9ess procurem5t & contract+ opportunities2 7,,ii7 educate small bus9esses involv$ 9 procurem5t & contract+ on ! objectives & activities ( ! ,ag5cy1 ) ! purpose ( exp&+ direct small bus9ess exports f9anc$ by ! ,ag5cy2 & 7,,iii7 developm5ts result+ f ! outrea* ef=ts describ$ 9 ?is clause dur+ ! prec$+ ye>1 includ+ ! numb] ( small bus9esses contract$ ) & ! numb] ( jobs creat$1 z well z any o!r b5efits to ! communities ( ! export]1 l5d]1 or relat$ small bus9esses1 z ! case may be4 7,b7 ,on au?orization ( f9anc+ t equals or exce$s #ajj1jjj1jjj dur+ ! fiscal ye> involv+ ! export] or l5d] describ$ 9 subp>agraph 7,a71 ! ,presid5t ( ! ,ag5cy %all transmit to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate a report t includes-- 7i7 an economic impact analysis or simil> /udy ( ! transaction p]=m$ by ! ,ag5cy1 9 a mann] consi/5t ) ! proc$ures describ$ 9 subsection 7e77#g71 :i* %all include consid]ation ( ! views ( ! public & int]e/$ p>ties & an assessm5t ( adv]se effects on ,unit$ ,/ates employm5t1 if any1 t may result f ,ag5cy f9anc+ involv+ a =eign competitor ( a ,unit$ ,/ates entity2 & 7ii7 an assessm5t ( h[ ! ,ag5cy det]m9$ ! ne$ = f9anc+ ( ! transaction1 includ+-- 7,i7 a description ( attempts by relevant p>ties to ! transaction to obta9 private-sector f9anc+1 includ+ a description ( ! writt5 docum5tation ( ! attempts1 or an explanation = ! lack ( any su* attempt2 & 7,,ii7 7aa7 an explanation ( :y private-sector f9anc+ is n available or n economically viable = ! transaction2 or 7bb7 a c]tification t ! ,ag5cy receiv$ suffici5t in=mation to conclude t f9anc+ is necess>y to c\nt] (ficial export cr$it provid$ by a =eign gov]nm5t = a simil> transaction involv+ ! same =eign obligor4 7,c7 ,9 ?is p>agraph1 ! t]m prescrib$ am\nt means an am\nt equal to #bj p]c5t ( ! out/&+ loans1 gu>antees1 & insurance ( ! ,ag5cy1 z calculat$ on ! #a/ day ( ! fiscal ye>4 4 7b7 ,section #h ( su* ,act 7#ab ,u4,s4,c4 #fce;g71 z am5d$ by title ,i ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+3 7p7 ,addition to annual report ,! ,ag5cy %all include 9 its annual report to ! ,congress "u subsection 7a7 in=mation on ! #aj ,unit$ ,/ates export]s b5efitt+ f ! highe/ level ( ,ag5cy support & #aj =eign obligors utiliz+ ! highe/ level ( ,ag5cy support dur+ ! report+ p]iod1 includ+ ! %>e ( total au?orizations by value1 & ! indu/ry or indu/rial sector1 connect$ ) ea* su* export] & obligor4 4 #baj4 ,anti-fraud re=ms ,section #b ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7 is am5d$-- 7#a7 9 subsection 7f71 by /rik+ ! p]iod & ins]t+3 1 & %all d5y an application = assi/ance if-- 7#a7 ! ,ag5cy has sub/antial cr$ible evid5ce t ! end us]1 borr[]1 l5d]1 or export] has committ$ an act ( fraud or corruption 9 connection ) ! application2 or 7#b7 ! end us]1 borr[]1 l5d]1 or export] has be5 convict$ ( an act ( fraud or corruption 9 connection ) an application = support f ! ,ag5cy made 9 ! prec$+ #e ye>s4 ,! ,ag5cy may proce$ ) an application describ$ "u p>agraph 7#a7 or 7#b7 ( ?is subsection only if an end us]1 borr[]1 l5d]1 or export] c be fully exclud$ f ! transaction4 2 & 7#b7 9 subsection 7i71 by /rik+ %\ld require & ins]t+ %all require4 ,,iii ,=eign policy consid]ations #cja4 ,*9ese gov]nm5t-own$ ent]prises 7a7 ,9 g5]al ,section #b ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce71 z am5d$ by section #ajc7;a7 ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+3 7m7 ,re/riction on f9anc+ = entities own$ or controll$ by ! *9ese gov]nm5t 7#a7 ,9 g5]al ,an au?orization approv$ by ! ,bo>d ( ,directors aft] ! effective date ( ?is subsection may n take effect if a loan1 gu>antee1 or insurance is approv$ = ! b5efit ( any =eign entity t is at lea/ #be p]c5t own$1 directly or indirectly1 by ! gov]nm5t ( ! ,p's ,republic ( ,*9a1 unless ! ,unit$ ,/ates ,trade ,repres5tative1 9 consultation ) appropriate ,f$]al ag5cies1 completes a due dilig5ce review & c]tifies ! f9anc+1 9 accordance ) p>agraph 7#c71 9 a report to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate4 ,= ! purposes ( id5tify+ :e!r a =eign entity is at lea/ #be p]c5t own$1 directly or indirectly1 by ! gov]nm5t ( ! ,p's ,republic ( ,*9a1 ! ,bo>d ( ,directors may rely on any ( ! foll[+3 7,a7 ,in=mation requir$ ( or provid$ by a p>ty to ! transaction4 7,b7 ,any in=mation provid$ to ! ,ag5cy by a ,f$]al dep>tm5t or ag5cy4 7#b7 ,limitation on f9anc+ ( local co/s ,! ,ag5cy may n approve f9anc+ = a transaction if m ?an #ae p]c5t ( local co/s ) respect to ! transaction t are incurr$ 9 ! ,p's ,republic ( ,*9a w\ld be cov]$ by ! f9anc+4 7#c7 ,due dilig5ce review & report ,= ! purposes ( ! report describ$ 9 p>agraph 7#a71 ! ,unit$ ,/ates ,trade ,repres5tative %all pres5t ! f9d+s ( ! due dilig5ce review1 b may n provide ! c]tification ref]r$ to 9 p>agraph 7#a71 if-- 7,a7 ! =eign entity provides goods1 s]vices1 or o!r mat]ial or f9ancial support 9 connection ) any ( ! foll[+ policies & op]ations ( ! gov]nm5t ( ! ,p's ,republic ( ,*9a3 7i7 ,any milit>y or intellig5ce op]ations2 7ii7 ,activities pursuant to ! ,belt & ,road ,initiative 7or any successor or comp>able activity ( t gov]nm5t72 7iii7 ,! abuse ( human rights1 includ+ ! re/riction ( fre$om ( expression & ! mi/reatm5t ( e?nic or religi\s m9orities 9 ,*9a2 7iv7 ,any o!r policy or op]ation t1 9 ! det]m9ation ( ! ,presid5t1 may ?reat5 ! national int]e/ ( ! ,unit$ ,/ates2 7,b7 ! ,unit$ ,/ates ,trade ,repres5tative f9ds t ! transaction w\ld n provide a mean+ful net economic b5efit = ! ,unit$ ,/ates2 7,c7 ! =eign entity kn[+ly engages 9 ! !ft ( ,unit$ ,/ates intellectual prop]ty or ! illicit transf] ( te*nology f a ,unit$ ,/ates p]son2 7,d7 ! transaction describ$ 9 p>agraph 7#a7 involves ! export ( critical te*nologies 7z def9$ "u section #gba7;a77#f7 ( ! ,def5se ,production ,act ( #aiej7 to ! =eign entity2 or 7,e7 ! lead]%ip ( ! =eign entity engages 9 a significant act or acts ( corruption or money laund]+1 or has committ$ a violation ( ! ,=eign ,corrupt ,practices ,act ( #aigg1 ! ,arms ,export ,control ,act1 ! ,int]national ,em]g5cy ,economic ,p[]s ,act1 or ! ,export ,adm9i/ration ,act ( #aigi4 7#d7 ,tim+ & =m ( report ,! report describ$ 9 p>agraph 7#c7 %all be submitt$ n lat] ?an #de days aft] approval by ! ,bo>d ( ,directors1 except t ! ,unit$ ,/ates ,trade ,repres5tative may ext5d ! requir$ "t 9 :i* to submit ! report by "o #ae-;day p]iod on notify+ ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate t ! ext5sion is necess>y4 ,! report describ$ 9 p>agraph 7#c7 %all be submitt$ 9 unclassifi$ =m b may conta9 a classifi$ annex4 7#e7 ,proc$ures = *9ese gov]nm5t-controll$ entities ,! requirem5ts ( p>agraph 7#a7 %all apply to any =eign entity1 not)/&+ ! level ( own]%ip by ! gov]nm5t ( ! ,p's ,republic ( ,*9a1 if ! ,ag5cy has reason to believe t ! =eign entity is controll$ by ! gov]nm5t ( ! ,p's ,republic ( ,*9a4 7#f7 ,exemption ,p>agraphs 7#a7 & 7#b7 %all n apply to ! foll[+ if-- 7,a7 f9anc+ w\ld enable exports directly by ,unit$ ,/ates small bus9ess conc]ns2 or 7,b7 f9anc+ is requir$ = ! export ( humanit>ian goods or s]vices1 includ+ lifesav+1 rescue1 & m$ical equipm5t 7su* z ambulances1 firefight+ vehicles1 hospital supplies1 & m$ical devices74 7#g7 ,presid5tial waiv] ,! ,presid5t may waive any requirem5t ( p>agraph 7#a7 or 7#b7 = up to #a ye> at a "t1 on report+ 9 writ+ to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tative & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate t ! waiv] is ess5tial to ! national int]e/ ( ! ,unit$ ,/ates1 ) a detail$ explanation ( ! reasons !re=4 4 7b7 ,sunset ,! am5dm5t made by subsection 7a7 %all h no =ce or effect on & aft] ! e>li] (-- 7#a7 ! date t is #cj days aft] ! ,secret>y ( ! ,treasury submits a report to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate c]tify+ t ! ,p's ,republic ( ,*9a is 9 sub/antial compliance )-- 7,a7 ! f9ancial t]ms & conditions ( ! ,arrangem5t on ,(ficially ,support$ ,export ,cr$its ( ! ,organization = ,economic ,coop]ation & ,developm5t2 & 7,b7 ! rules & pr9ciples ( ! ,p>is ,club2 or 7#b7 ! date t is #cj days aft] ! ,presid5t ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy reports to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate t ! ,bo>d ( ,directors ( ! ,ag5cy has vot$ 9 favor ( t]m9at+ ! requirem5t = a c]tification 9 section #b7m77#a7 ( ! ,export-,import ,bank ,act ( #aide1 except t ! ,bo>d ( ,directors may n hold su* a vote be=e ! date t is #e ye>s aft] ! date ( ! enactm5t ( ?is ,act4 #cjb4 ,int]national negotiations on export subsidies 7a7 ,9 g5]al ,section #aa7;a77#a7 ( ! ,export-,import ,bank ,reau?orization ,act ( #bjab 7#ab ,u4,s4,c4 #fce;a-#e7;a77#a77 is am5d$ by /rik+ ) possible goal ( elim9at+1 be=e ! date t is #aj ye>s aft] ,decemb] #d1 #bjae1 & ins]t+ ) ! goal ( elim9at+1 be=e ! date t is #aj ye>s aft] ! date ( ! enactm5t ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy ,act ( #bjai4 7b7 ,progress report ,section #aa7;e7 ( su* ,act 7#ab ,u4,s4,c4 #fce;a-#e7;e77 is am5d$ by /rik+ #bjai & ins]t+ #bjbf4 7c7 ,conduct ( negotiations ,section #aa ( su* ,act 7#ab ,u4,s4,c4 #fce;a-#e7 is am5d$-- 7#a7 9 ea* ( subsections 7a7 & 7d71 by /rik+ ,! ,presid5t & ins]t+ ,n less frequ5tly ?an twice p] cal5d> ye>1 ! ,secret>y ( ! ,treasury1 9 consultation ) ! ,presid5t ( ! ,unit$ ,/ates ,export ,f9ance ,ag5cy & ! ,unit$ ,/ates ,trade ,repres5tative12 & 7#b7 9 ea* ( subsections 7b71 7c71 & 7e71 by /rik+ ,presid5t ea* place x appe>s & ins]t+ ,secret>y ( ! ,treasury4 #cjc4 ,prohibition on f9anc+ = exports involv+ /ate sponsors ( t]rorism ,section #b7;b77#b7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;b77#b77 is am5d$-- 7#a7 9 ! p>agraph head+1 by ins]t+ aft] ,m>xi/-,l59i/ ,c\ntries ! foll[+3 & ,/ate ,sponsors ( ,t]rorism2 & 7#b7 9 subp>agraph 7,a71 by ins]t+ aft] ,m>xi/-,l59i/ c\ntry ea* place x appe>s or a /ate sponsor ( t]rorism4 ,,iv ,miscellane\s provisions #dja4 ,miscellane\s updates relat+ to ! ,unit$ ,/ates ,export ,f9ance ,ag5cy 7a7 ,section #b7;a77#c7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;a77#c77 is am5d$-- 7#a7 by add+ & at ! end ( subp>agraph 7,b72 7#b7 by /rik+ 2 & at ! end ( subp>agraph 7,c7 & ins]t+ a p]iod2 & 7#c7 by /rik+ subp>agraph 7,d74 7b7 ,section #b7;b77#a77;,h7 ( su* ,act 7#ab ,u4,s4,c4 #fce7;b77#a77;,h77 is am5d$ 9 ea* ( clauses 7ii7 & 7iii7 by /rik+ includ+ & all t foll[s & ins]t+ includ+ ,unit$ ,/ates allies & p>tn]s eligible = assi/ance f ! ,int]national ,bank = ,recon/ruction & ,developm5t & ! ,int]national ,developm5t ,association44 7c7 ,section #b7;b77#a77;,i7 ( su* ,act 7#ab ,u4,s4,c4 #fce7;b77#a77;,i77 is am5d$ by /rik+ ! #bnd s5t5ce4 7d7 ,section #b7;b77#c77;,a77iii7 ( su* ,act 7#ab ,u4,s4,c4 #fce7;b77#c77;,a77iii77 is am5d$ by ins]t+ 1 ! ,unit$ ,/ates export]1 be=e &4 7e7 ,section #b7;b77#c77;,b7 ( su* ,act 7#ab ,u4,s4,c4 #fce7;b77#c77;,b77 is am5d$ by ins]t+ a description1 to ! ext5t practicable1 ( any private f9anc+1 us$ or unus$1 available = ! transaction1 to ! ext5t kn[n1 be=e ! am\nt4 7f7 ,section #c7;d77#a77;,b7 ( su* ,act 7#ab ,u4,s4,c4 #fce;a7d77#a77;,b77 is am5d$ by ins]t+ high te*nology1 be=e &4 7g7 ,section #c7;j77#b77;,b77ii7 ( su* ,act 7#ab ,u4,s4,c4 #fce;a7j77#b77;,b77ii77 is am5d$-- 7#a7 by ins]t+ 1 int]e/1 & claim be=e exp5ses2 & 7#b7 by ins]t+ includ+ brok] commissions be=e ! p]iod4 7h7 ,section #h7;b77#c7 ( su* ,act 7#ab ,u4,s4,c4 #fce;g7b77#c77 is am5d$-- 7#a7 by /rik+ ,committee on ,small ,bus9ess ! #a/ place x appe>s & ins]t+ ,committees on ,bank+1 ,h\s+1 & ,urban ,affairs & on ,small ,bus9ess2 & 7#b7 by /rik+ ,committee on ,small ,bus9ess ! #bnd place x appe>s & ins]t+ ,committees on ,f9ancial ,s]vices & on ,small ,bus9ess4 7i7 7#a7 ,section #h ( su* ,act 7#ab ,u4,s4,c4 #fce;g71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 by /rik+ subsection 7c7 & r$esignat+ subsections 7d7 ?r\gh 7o7 z subsections 7c7 ?r\gh 7p71 respectively2 & 7,b7 9 p>agraph 7#b7 ( subsection 7e7 7z s r$esignat$ by subp>agraph 7,a7 ( ?is p>agraph71 by /rik+ 7e7 & ins]t+ 7d74 7#b7 ,section #f7;a77#c7 ( su* ,act 7#ab ,u4,s4,c4 #fce;e7a77#c77 is am5d$ by /rik+ #h7;g77#a7 ea* place x appe>s & ins]t+ #h7;f77#a74 7j7 ,section #aj7;b77#d7 ( su* ,act 7#ab ,u4,s4,c4 #fce;i-#c7;b77#d77 is am5d$ by /rik+ may & ins]t+ %all1 on reque/4 #djb4 ,prohibition on f9anc+ = c]ta9 aviation-relat$ vehicles ,section #b7;b7 ( ! ,export-,import ,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7;b771 z am5d$ by section #bji7;a7 ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+3 7#ae7 ,prohibition on f9anc+ = c]ta9 aviation-,relat$ vehicles ,! ,bo>d ( ,directors ( ! ,ag5cy may n give approval to a transaction involv+ an aviation-relat$ vehicle dur+ any p]iod 9 :i* ! ,f$]al ,gov]nm5t has prohibit$ its op]ation4 4