,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #hafc  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #d1 #bjbj   
,mr4 ,b>r introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,f9ancial    
,s]vices  ,a ,,bill  ,to limit support =
 deals ) ,*9ese /ate-own$ ent]prises1 to
 increase ! set-aside goal = ! ,program 
on ,*9a & ,trans=mational ,exports1 & = 
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,c\nt]+ ,*9a ,?r\gh    
,am]ican ,export ,competitiv5ess ,act4  
#b4 ,limitation on support = deals )    
,*9ese /ate-own$ ent]prises ,section    
#djh ( division ,i ( ! ,fur!r           
,consolidat$ ,appropriations ,act1 #bjbj
 7#ab ,u4,s4,c4 #fce note2 ,public ,law 
#aaf-id7 is am5d$ to read z foll[s3     
#djh4 ,limitation on support = deals )  
,*9ese /ate-own$ ent]prises  7a7 ,9     
g5]al ,! ,export-,import ,bank ( !      
,unit$ ,/ates 79 ?is section ref]r$ to z
 ! ,bank7 %all n gu>antee1 insure1 or   
ext5d 7or p>ticipate 9 ! ext5sion (7    
cr$it = :i* ! end us]1 l5d]1 or obligor 

is ! gov]nm5t ( ! ,p's ,republic ( ,*9a1
 except t ! ,bank may provide a work+   
capital gu>antee or export cr$it        
insurance to a ,unit$ ,/ates export]4 ,9
 ! case ( su* a transaction t involves  
an am\nt great] ?an or equal to         
#be1jjj1jjj1 ! ,bank may provide a work+
 capital gu>antee or export cr$it       
insurance to a ,unit$ ,/ates export] )  
respect to su* an export if ! ,bank     
obta9s f ! ,presid5t ( ! ,unit$ ,/ates1 
:o may consult ) ! ,secret>y ( ,/ate1 ! 
,secret>y ( ! ,treasury1 ! ,secret>y (  
,comm]ce1 ! ,secret>y ( ,def5se1 !      
,unit$ ,/ates ,trade ,repres5tative1 & !
 heads ( o!r int]e/$ ,executive ag5cies1
 a det]m9ation t ! provision ( !        
gu>antee or insurance w\ld n violate !  
national security int]e/s ( ! ,unit$    
,/ates4  7b7 ,national int]e/ report    
7#a7 ,9 g5]al ,be=e provid+ a work+     
capital gu>antee or export cr$it        
insurance to a ,unit$ ,/ates export] 9 a
 transaction involv+ an am\nt equal to  
or great] ?an #be1jjj1jjj1 pursuant to  

subsection 7a71 ! ,presid5t ( ! ,bank   
%all--  7,a7 report to ! ,committee on  
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate t ! ,bank has obta9$ f !         
,presid5t ( ! ,unit$ ,/ates & any o!r   
relevant dep>tm5t or ag5cy1 z deem$     
appropriate by ! ,presid5t ( ! ,unit$   
,/ates1 a det]m9ation t ! provision ( ! 
gu>antee or insurance w\ld n violate !  
national security int]e/s ( ! ,unit$    
,/ates2  7,b7 include a v]ification f ! 
,bank t ! transaction does n violate any
 export law ( ! ,unit$ ,/ates2 &  7,c7  
include a summ>y ( ! transaction & !    
consultation4  7#b7 ,=m ,! report       
describ$ 9 p>agraph 7#a7 %all be        
submitt$ 9 unclassifi$ =m b may include 
a classifi$ annex4  7c7 ,def9ition (    
gov]nm5t ( ! ,p's ,republic ( ,*9a ,9   
?is section1 ! t]m gov]nm5t ( ! ,p's    
,republic ( ,*9a means any p]son t !    
,bank has reason to believe is-- 7#a7 ! 
/ate & ! gov]nm5t ( ! ,p's ,republic (  

,*9a1 includ+ any political subdivision1
 ag5cy1 or in/rum5tality !re(2  7#b7 any
 entity controll$1 directly or          
indirectly1 by any ( ! =ego+1 includ+   
any p>tn]%ip1 association1 or o!r entity
 9 :i* any ( ! =ego+ owns a #ej p]c5t or
 great] int]e/ or a controll+ int]e/1 & 
any entity :i* is o!rwise controll$ by  
any ( ! =ego+2  7#c7 any p]son t is or  
has be5 act+ or purport+ to act1        
directly or indirectly1 = or on behalf (
 any ( ! =ego+2 &  7#d7 any o!r p]son t 
! ,secret>y ( ! ,treasury has notifi$ ! 
,bank is includ$ 9 any ( ! =ego+4  4    
#c4 ,increase 9 res]ve goal = ! ,program
 on ,*9a & ,trans=mational ,exports     
,section #b7l77#c7 ( ! ,export-,import  
,bank ,act ( #aide 7#ab ,u4,s4,c4       
#fce7l77#c77 is am5d$ 9 ea* (           
subp>agraphs 7,a7 & 7,b7 by /rik+ #bj & 
ins]t+ #cc4  #d4 ,susp5sion ( loan      
au?ority "u ! ,program on ,*9a &        
,trans=mational ,exports :ile default   
rate is excessive  7a7 ,9 g5]al ,section
 #b7l7 ( ! ,export-,import ,bank ,act ( 

#aide 7#ab ,u4,s4,c4 #fce7l77 is am5d$  
by add+ at ! end ! foll[+3  7#d7 ,freez+
 ( loans "u ! ,program on ,*9a &        
,trans=mational ,exports if default rate
 = loans "u t program is #e p]c5t or m  
,if ! rate calculat$ "u section         
#h7;g77#a7 ) respect to loans "u section
 #b7l7 is #e p]c5t or m = a qu>t]1 !    
,bank may n exce$ ! am\nt ( loans "u su*
 section t are out/&+ on ! la/ day ( t  
qu>t] until ! rate calculat$ "u section 
#h7;g77#a7 ) respect to loans "u su*    
section is less ?an #e p]c5t4  4  7b7   
,con=m+ am5dm5t ,section #f7;a77#c7 (   
su* ,act 7#ab ,u4,s4,c4 #fce;e7a77#c77  
is am5d$ by add+ at ! end ! foll[+3 ,if 
! rate calculat$ "u section #h7;g77#a7 )
 respect to loans "u section #b7l7 is #b
 p]c5t or m = a qu>t]1 !n loans "u      
section #b7l7 %all n be tak5 into acc\nt
 = ! qu>t] = purposes ( ?is p>agraph44  
#e4 ,advisory committee = ,program on   
,*9a & ,trans=mational ,exports  7a7 ,9 
g5]al ,section #b7;b7 ( !               
,export-,import ,bank ,act ( #aide 7#ab 

,u4,s4,c4 #fce7;b77 is am5d$ by ins]t+  
aft] p>agraph 7#ab7 ! foll[+3  7#ad7    
7,a7 ,! ,bo>d ( ,directors ( ! ,bank    
%all take prompt measures1 consi/5t ) ! 
cr$it /&>ds o!rwise requir$ by law1 to  
promote ! expansion ( ! f9ancial        
commitm5ts ( ! ,bank 9 accordance ) !   
,program on ,*9a & ,trans=mational      
,exports "u ! loan1 gu>antee1 &         
insurance programs ( ! ,bank4  7,b7 7i7 
,! ,bo>d ( ,directors %all e/abli% & use
 an advisory committee to advise ! ,bo>d
 ( ,directors on ! developm5t &         
implem5tation ( policies & programs     
design$ to support ! expansion describ$ 
9 subp>agraph 7,a74  7ii7 ,at lea/ #a   
memb] ( ! advisory committee %all be a  
memb] ( ! ,u4,s4-,*9a ,economic &       
,security ,review ,commission4  7iii7 ,!
 advisory committee %all make           
recomm5dations to ! ,bo>d ( ,directors  
on h[ ! ,bank c facilitate great]       
support by ,unit$ ,/ates comm]cial banks
 = trade 9 accordance ) ! ,program on   
,*9a & ,trans=mational ,exports4  7iv7  

,! advisory committee %all t]m9ate on ! 
date on :i* ! au?ority ( ! ,bank expires
 "u section #g4  4  7b7 ,reports to !   
,congress ,)9 #f mon?s aft] ! date ( !  
enactm5t ( ?is ,act1 & annually !reaft]1
 ! ,bo>d ( ,directors ( !               
,export-,import ,bank ( ! ,unit$ ,/ates 
%all submit to ! ,congress a report on !
 /eps t ! ,bo>d has tak5 to implem5t    
section #b7;b77#ad77;,b7 ( !            
,export-,import ,bank ,act ( #aide 7z   
add$ by subsection 7a7 ( ?is section7 & 
any recomm5dations ( ! advisory         
committee e/abli%$ pursuant to su*      
section #b7;b77#ad77;,b74  #f4 ,waiv] ( 
dome/ic cont5t requirem5ts = c]ta9      
transactions subject to ! ,program on   
,*9a & ,trans=mational ,exports ,section
 #b7l7 ( ! ,export-,import ,bank ,act ( 
#aide 7#ab ,u4,s4,c4 #fce7l771 z am5d$  
by section #d7;a7 ( ?is ,act1 is am5d$  
by add+ at ! end ! foll[+3  7#e7 ,waiv] 
( dome/ic cont5t requirem5ts  7,a7 ,9   
g5]al ,! ,bank may waive "s or all ( !  
dome/ic cont5t requirem5ts t w\ld       

o!rwise apply to a transaction describ$ 
9 p>agraph 7#a77;,b71 if ! ,bank        
det]m9es t do+ s w\ld be 9 ! national   
security int]e/ ( ! ,unit$ ,/ates1 &    
%all e/abli% a process = reque/+ su* a  
waiv]4  7,b7 ,reports to ! ,congress ,n 
less frequ5tly ?an twice ea* ye>1 !     
,bank %all submit to ! ,committee on    
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate a report specify+ ! transactions 
= :i* a waiv] is provid$ "u subp>agraph 
7,a7 dur+ ! p]iod cov]$ by ! report4  4