,,ii #aafth ,,congress #ast ,session ,s4 #bbic ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,july #be1 #bjai,mr4 ,cramer 7for himself1 ,ms4 ,sinema1 ,mr4 ,tillis1 ,ms4 ,cantwell1 ,mr4 ,blunt1 ,mr4 ,graham1 ,ms4 ,collins1 ,mr4 ,coons1 ,ms4 ,hassan1 and ,mrs4 ,murray7 introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to extend the authority of the ,export-,import ,bank of the ,united ,states and to modify the quorum requirement of the ,bank1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,export-,import ,bank ,reauthorization ,act of #bjai4 #b4 ,extension of authority of ,export-,import ,bank of the ,united ,states 7a7 ,in general ,section #g of the ,export-,import ,bank ,act of #aide 7#ab ,u4,s4,c4 #fce;f7 is amended by striking #bjai and inserting #bjbi4 7b7 ,authority relating to information technology systems ,section #c7;j7 of the ,export-,import ,bank ,act of #aide 7#ab ,u4,s4,c4 #fce;a7j77 is amended-- 7#a7 in paragraph 7#a71 in the matter preceding subparagraph 7,a71 by striking fiscal years and all that follows through to-- and inserting fiscal years #bjai through #bjbi to--2 and 7#b7 in paragraph 7#c71 by striking fiscal years and all that follows through shall not and inserting fiscal years #bjai through #bjbi shall not4 7c7 ,annual reports on progress of negotiations ,to end export credit financing ,section #aa7;e7 of the ,export-,import ,bank ,reauthorization ,act of #bjab 7#ab ,u4,s4,c4 #fce;a-#e7;e77 is amended by striking #bjai and inserting #bjbi4 7d7 ,pilot program for reinsurance ,section #eajjh of the ,export-,import ,bank ,reform and ,reauthorization ,act of #bjae 7,public ,law #aad-id2 #ab ,u4,s4,c4 #fce note7 is amended by striking #bjai each place it appears and inserting #bjbi4 #c4 ,aggregate loan1 guarantee1 and insurance authority ,section #f7;a77#b7 of the ,export-,import ,bank ,act of #aide 7#ab ,u4,s4,c4 #fce;e7a77#b77 is amended to read as follows3 7#b7 ,applicable amount defined ,in this subsection1 the term applicable amount means-- 7,a7 #ade1jjj1jjj1jjj for fiscal year #bjbj2 7,b7 #aej1jjj1jjj1jjj for fiscal year #bjba2 7,c7 #aee1jjj1jjj1jjj for fiscal year #bjbb2 7,d7 #afj1jjj1jjj1jjj for fiscal year #bjbc2 7,e7 #afe1jjj1jjj1jjj for fiscal year #bjbd2 7,f7 #agj1jjj1jjj1jjj for fiscal year #bjbe2 and 7,g7 #age1jjj1jjj1jjj for each of fiscal years #bjbf through #bjbi4 4 #d4 ,temporary ,board of ,directors for the ,export-,import ,bank of the ,united ,states ,section #c7;c77#f7 of the ,export-,import ,bank ,act of #aide 7#ab ,u4,s4,c4 #fce;a7c77#f77 is amended-- 7#a7 by inserting 7,a7 after 7#f72 and 7#b7 by adding at the end the following3 7,b7 7i7 ,if there is an insufficient number of directors to constitute a quorum under subparagraph 7,a7 for #ij consecutive days during the term of a ,president of the ,united ,states1 a temporary ,board1 consisting of the following members1 shall act in the stead of the ,board of ,directors until a quorum of the ,board of ,directors can be constituted3 7,i7 ,the ,united ,states ,trade ,representative4 7,,ii7 ,the ,secretary of the ,treasury4 7,,iii7 ,the ,secretary of ,commerce4 7,,iv7 ,the members of the ,board of ,directors4 7ii7 ,the chairperson of the temporary ,board shall be-- 7,i7 a member of the ,board of ,directors described in clause 7i77,,iv71 consistent with the bylaws of the ,bank2 or 7,,ii7 if there are no such members of the ,board of ,directors1 the ,united ,states ,trade ,representative4 7iii7 ,if the temporary ,board consists of members of only one political party1 the ,president of the ,united ,states shall1 to the extent practicable1 appoint to the temporary ,board a qualified member of another political party who occupies a position requiring appointment by the ,president by and with the advice and consent of the ,senate4 7iv7 ,a member of the temporary ,board specified in subclause 7,i71 7,,ii71 or 7,,iii7 of clause 7i7 may delegate the authority of the member to vote on whether to approve or amend a transaction in an amount of less than #ajj1jjj1jjj1 to-- 7,i7 if the member is the ,united ,states ,trade ,representative1 the ,deputy ,united ,states ,trade ,representative2 or 7,,ii7 if the member is specified in subclause 7,,ii7 or 7,,iii7 of that clause1 the ,deputy ,secretary of the department specified in that subclause4 7v7 ,the temporary ,board may approve or amend transactions in an amount that exceeds #be1jjj1jjj only by a vote of the temporary ,board4 7vi7 ,the temporary ,board may not change or amend the policies1 procedures1 bylaws1 or guidelines of the ,bank4 7vii7 ,the chairperson of the temporary ,board shall ensure that the ,bank complies with section #b7;b77#c7 with respect to transactions in an amount that equals or exceeds #ajj1jjj1jjj4 7viii7 ,the temporary ,board shall terminate on the date that is the earlier of-- 7,i7 the last day of the term of the ,president of the ,united ,states in office as of the date on which the temporary ,board is constituted2 or 7,,ii7 the date on which there is a sufficient number of directors on the ,board of ,directors to constitute a quorum under subparagraph 7,a74 7ix7 ,this subparagraph shall have no force or effect after ,september #cj1 #bjbi4 4