,,ii  #aai? ,,congress  #b;d ,session   
,s4 #dgha  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #ae1 #bjbf,mr4   
,s*um] 7= himself1 ,mr4 ,re$1 ,ms4      
,klobu*>1 ,mr4 ,coons1 ,mr4 ,s*atz1 ,ms4
 ,w>r51 ,mr4 ,book]1 ,mr4 ,van ,holl51  
,ms4 ,duckwor?1 ,mr4 ,kelly1 ,mr4 ,kim1 
,ms4 ,blunt ,ro*e/]1 & ,ms4 ,alsobrooks7
 introduc$ ! foll[+ bill2 :i* 0 read    
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to exp& ! mission ( !          
,export-,import ,bank ( ! ,unit$ ,/ates 
& focus on build+ export-relat$ dome/ic 
critical indu/ries t produce goods &    
s]vices t support employm5t 9 ! ,unit$  
,/ates & /r5g!n global competitiv5ess1 &
 = o!r purposes4  #a4 ,%ort title2 table
 ( cont5ts  7a7 ,%ort title ,?is ,act   
may be cit$ z ! ,make ,m 9 ,am]ica ,act 
( #bjbf4  7b7 ,table ( cont5ts ,! table 
( cont5ts = ?is ,act is z foll[s3 ,sec4 
#a4 ,%ort title2 table ( cont5ts4,sec4  
#b4 ,f9d+s4,sec4 #c4 ,purposes4,sec4 #d4
 ,modification ( p[]s & functions4,sec4 

#e4 ,make ,m 9 ,am]ica ,program4,sec4   
#f4 ,modification ( aggregate loan1     
gu>antee1 & insurance au?ority4,sec4 #g4
 ,modification ( default rate & l5d+    
cap4,sec4 #h4 ,inve/m5t ,committee4,sec4
 #i4 ,int]ag5cy coord9ation4,sec4 #aj4  
,limitation on eligibility =            
support4,sec4 #aa4 ,modification (      
,program on ,*9a & ,trans=mational      
,exports4,sec4 #ab4 ,increase 9 goal =  
export ( goods & s]vices relat$ to      
r5ewable en]gy s\rces1 en]gy effici5cy1 
& en]gy /orage4,sec4 #ac4 ,employm5t    
au?ority4,sec4 #ad4 ,expansion (        
gu>antee cov]age4  #b4 ,f9d+s ,congress 
makes ! foll[+ f9d+s3 7#a7 ,! ,p's      
,republic ( ,*9a poses a significant    
competitive ?reat to ! ,unit$ ,/ates1   
acc\nt+1 z ( ! date ( ! enactm5t ( ?is  
,act1 = #ce p]c5t ( manufactur+ volume  
globally & #bi p]c5t ( value-add 7z     
oppos$ to #ab p]c5t ( volume & #af p]c5t
 ( value-add = ! ,unit$ ,/ates74 ,! ,p's
 ,republic ( ,*9a cont9ues to ga9 gr\nd 
9 high] value-add te*nologies t 7       

traditionally ,unit$ ,/ates /r5g?s4     
7#b7 ,! ,p's ,republic ( ,*9a's increas$
 competitiv5ess c be trac$ to multiple  
s\rces1 includ+ coord9at$ initiatives   
su* z ,made 9 ,*9a #bjbe1 :i* *annel$   
res\rces t[>d manufactur+ 9 high]       
value-add indu/ries4 ,h[ev]1 ! ,p's     
,republic ( ,*9a also1 z ( ! date ( !   
enactm5t ( ?is ,act1 leads 9 rese>* &   
developm5t 9 #ff ( #gd areas4  7#c7     
,tak5 toge!r1 ! two tr5ds describ$ 9    
p>agraphs 7#a7 & 7#b7 sugge/ t ! ,p's   
,republic ( ,*9a's lead 9 exports w gr[1
 n %r9k1 unless s]i\s action is tak5 by 
! ,unit$ ,/ates to /r5g!n its dome/ic   
innovation & indu/rial inve/m5t4  7#d7  
,?is is especially true = critical      
indu/ries ( ! future1 su* z             
next-g5]ation automotives & drones1     
indu/rial automation1 biote*nology1     
biomanufactur+1 quantum te*nology1 &    
fusion en]gy1 unless ! ,unit$ ,/ates    
takes /eps to support te*nology         
developm5t 9 ^? m>kets4 ,_m ( ^? m>kets 
are1 or c\ld be1 vital export           

opportunities ) mean+ful economic1      
national security1 & job creation       
implications = ! ,unit$ ,/ates4  7#e7 ,!
 ,unit$ ,/ates also faces supply *a9    
vuln]abilities 9 critical inputs = ^?   
indu/ries ( ! future1 includ+ en]gy1    
semiconductors & associat$ te*nologies l
 circuit bo>ds1 critical m9]als1        
batt]ies1 & o!r te*nology compon5ts4    
7#f7 ,capital-int5sive indu/ries ) long 
production cycles1 su* z %ipbuild+1     
*emical process+1 & nucle> en]gy sy/ems1
 face p>ticul>ly acute f9anc+ *all5ges  
dur+ ! comm]cialization phase & ! scal+ 
( dome/ic production4 ,simil>ly1 drone  
manufactur+ & advanc$ robotics require  
coord9at$ inve/m5ts 9 bo? production    
capacity & work=ce tra9+ t private      
m>kets /ruggle to provide4 ,! result is 
t c\ntries ) pati5t public capital1     
p>ticul>ly ! ,p's ,republic ( ,*9a1 h   
captur$ dom9ant m>ket positions 9       
sectors :]e ,unit$ ,/ates innovation    
initially l$4  7#g7 ,if ! ,unit$ ,/ates 
does n respond1 manufactur]s 9 ! ,p's   

,republic ( ,*9a w cont9ue ga9+ global  
m>ket %>e 9 critical te*nologies at !   
exp5se ( ,unit$ ,/ates companies & !    
,unit$ ,/ates /&s to lose critical      
indu/ries t provide jobs1 create        
production capacity1 & s]ve ess5tial    
national security goals4  7#h7 ,z su*1  
,f$]al policy %\ld focus on ensur+ t    
te*nologies t are inv5t$ & develop$ 9 ! 
,unit$ ,/ates are comm]cializ$ & produc$
 9 ! ,unit$ ,/ates1 along ) ! products &
 s]vices ^? te*nologies create4 ,t w    
require a :ole-(-gov]nm5t ef=t d$icat$  
to revitaliz+ ! innovation & indu/rial  
infra/ructure ( ! ,unit$ ,/ates4  7#i7  
,:ile ?is is a multi-facet$ issue t !   
,export-,import ,bank ( ! ,unit$ ,/ates 
79 ?is section ref]r$ to z ! ,bank7 _c  
solve alone1 ! ,bank c play a mu* m     
/rategic role ?an ! ,bank is play+ z ( !
 date ( ! enactm5t ( ?is ,act by        
support+ ! developm5t phase ( future    
te*nologies 9 areas t are und]fund$ by  
exi/+ private sector tools4  7#aj7 ,!   
,bank has an opportunity to create !    

export m>kets ( tomorr[ by help+ to fund
 ! developm5t1 comm]cialization1 &      
production ( critical te*nologies 9 !   
,unit$ ,/ates1 :i* w exp& ! long-t]m    
export base ( ! ,unit$ ,/ates by        
increas+ ! ov]all competitive edge ( !  
,unit$ ,/ates1 & 9 do+ s1 support       
employm5t 9 ! ,unit$ ,/ates4  7#aa7 ,!re
 exi/s an opportunity to enhance !      
,bank's /rategic plann+ capabilities &  
deep5 ! ,bank's focus on catalytic &    
scale-up f9anc+4 ,su* a reposition+ w\ld
 support te*nologies ) sub/antial       
dome/ic manufactur+ footpr9ts 9         
indu/ries t repres5t n only /rategic    
national security & competitiv5ess      
priorities b also significant employm5t 
opportunities across manufactur+        
communities 9 ! ,unit$ ,/ates4  7#ab7   
,congress has already direct$ ! ,bank to
 und]take ef=ts 9 t direction1 su* z    
?r\gh ! ,program on ,*9a &              
,trans=mational ,exports e/abli%$ "u    
section #b7l7 ( ! ,export-,import ,bank 
,act ( #aide 7#ab ,u4,s4,c4 #fce7l771   

:i* explicitly requires #bj p]c5t ( !   
,bank's funds to be inve/$ 9 c]ta9 areas
 deem$ highly /rategic1 includ+         
artificial intellig5ce1 biote*nology1   
r5ewable en]gy1 semiconductors1 quantum 
te*nology1 & fusion en]gy1 among o!r    
indu/ries4 ,a logical next /ep w\ld be  
to exp& t program to broad5 its ap]ture 
& importance )9 ! ,bank1 :ile reaffirm+ 
! ,bank's mission to support            
export-relat$ transactions t directly   
support ,unit$ ,/ates jobs4  7#ac7 ,9   
#bjbb1 ! ,bank's ,bo>d ( ,directors ) a 
unanim\s vote laun*$ ! ,make ,m 9       
,am]ica ,initiative to support          
export-ori5t$ dome/ic manufactur+       
projects1 ext5d+ "s ( ! ,bank's exi/+   
dem&-driv51 export-cont+5t f9anc+       
programs to a m dome/ic focus to help   
revitalize ,unit$ ,/ates manufactur+1   
directly support ,unit$ ,/ates jobs1    
improve ! resili5cy ( dome/ic supply    
*a9s1 & level ! play+ field = ,unit$    
,/ates companies compet+ 9 ov]seas      
m>kets4  7#ad7 ,!re is an opportunity = 

! ,bank to play a conv5+ role 9 develop+
 a cohesive inve/m5t roadmap = ! ,bank's
 own m&ate1 in=m$ by input f across !   
,f$]al ,gov]nm5t1 includ+ ! indu/rial   
inve/m5t ef=ts ( o!r ,f$]al ag5cies1 su*
 z ! ,dep>tm5t ( ,comm]ce1 ! ,dep>tm5t (
 ,en]gy1 ! ,dep>tm5t ( ,def5se1 !       
,dep>tm5t ( ,agriculture1 ! ,dep>tm5t ( 
,labor1 ! ,dep>tm5t ( ,heal? & ,human   
,s]vices1 ! ,unit$ ,/ates ,int]national 
,developm5t ,f9ance ,corporation1 & !   
,small ,bus9ess ,adm9i/ration4  #c4     
,purposes ,! purposes ( ?is ,act are--  
7#a7 to ensure t advanc$ te*nologies    
critical to economic gr[? & national    
security are develop$1 comm]cializ$1 &  
produc$ 91 & export$ by1 ! ,unit$ ,/ates
 & allies & p>tn]s ( ! ,unit$ ,/ates1 r 
?an adv]s>ies ( ! ,unit$ ,/ates2  7#b7  
to address capital m>ket failures 9     
sectors :]e ,unit$ ,/ates production    
capacity & innovation is 9 ! national   
int]e/2  7#c7 to coord9ate ! res\rces ( 
! ,f$]al ,gov]nm5t-- 7,a7 to promote    
dome/ic te*nology inv5tion1 developm5t1 

comm]cialization1 production1 &         
exportation2  7,b7 to support ! unmet   
capital ne$s ( manufactur+ companies (  
all sizes to gr[ dome/ically2  7,c7 to  
enc\rage work=ce tra9+ to support ! gr[?
 & resili5ce ( dome/ic manufactur+2     
7,d7 to accel]ate p]mitt+ relat$ to     
dome/ic manufactur+ projects2 &  7,e7 to
 improve access to physical             
infra/ructure1 su* z en]gy & logi/ics1 =
 ! gr[? ( dome/ic manufactur+2 &  7#d7  
to promote ! creation ( good jobs 9     
communities across ! ,unit$ ,/ates1     
along ) ! b5efits ( advanc$ indu/ry     
developm5t on local developm5t4  #d4    
,modification ( p[]s & functions        
,section #b7;a7 ( ! ,export-,import     
,bank ,act ( #aide 7#ab ,u4,s4,c4       
#fce7;a77 is am5d$-- 7#a7 9 p>agraph    
7#a7-- 7,a7 9 ! second s5t5ce1 by /rik+ 
to facilitate exports ( & ins]t+ to     
facilitate ! developm5t1                
comm]cialization1 & production 9 !      
,unit$ ,/ates1 & ! export (2 &  7,b7 by 
ins]t+ aft] ! ?ird s5t5ce ! foll[+3 ,!  

,bank %all provide loans1 gu>antees1    
grants1 coop]ative agreem5ts1 (ftake    
agreem5ts1 price insurance & o!r        
insurance facilities1 & o!r in/rum5ts   
?r\gh o!r transaction au?ority "u       
p>agraph 7#d77;,a7 to accel]ate !       
developm5t1 comm]cialization1 &         
production ( te*nologies t are critical 
to ! national security1 innovation1 &   
economic gr[? ( ! ,unit$ ,/ates & direct
 employm5t ( ,unit$ ,/ates work]s1      
includ+ te*nologies t em]ge f f$]ally   
fund$ rese>*42 &  7#b7 by add+ at ! end 
! foll[+3  7#d7 ,additional p[]s ,9     
addition to ! p[]s & au?orities set =? 9
 p>agraph 7#a71 ! ,bank may-- 7,a7 to ! 
ext5t au?oriz$ by law1 ent] into su*    
agreem5ts1 includ+ contracts1 grants1   
coop]ative agreem5ts1 (ftake agreem5ts1 
price insurance & o!r insurance         
facilities1 & o!r in/rum5ts1 & may ent] 
into o!r transactions1 includ+ provid+  
subord9at$ capital1 to facilitate       
inve/m5ts & ! provision ( f9ancial      
assi/ance on su* t]ms z ! ,presid5t ( ! 

,bank & ! ,bo>d ( ,directors consid]    
appropriate2  7,b7 make advance paym5ts 
"u agreem5ts & o!r transactions au?oriz$
 "u subp>agraph 7,a7 )\t reg>d to       
section #ccbd ( title #ca1 ,unit$ ,/ates
 ,code2  7,c7 procure tempor>y &        
int]mitt5t s]vices ( exp]ts &           
consultants 9 accordance ) section #caji
 ( title #e1 ,unit$ ,/ates ,code2  7,d7 
not)/&+ section #cajd ( title #e1 ,unit$
 ,/ates ,code1 or any o!r provision (   
o!r law relat+ to ! appo9tm5t1 numb]1   
classification1 or comp5sation (        
employees1 make appo9tm5ts ( sci5tific1 
eng9e]+1 & pr(essional p]sonnel1 & fix !
 basic pay ( su* p]sonnel at a rate to  
be det]m9$ by ! ,presid5t ( ! ,bank at  
rates n 9 excess ( ! highe/ total annual
 comp5sation payable at ! rate det]m9$  
"u section #ajd ( title #c1 ,unit$      
,/ates ,code2  7,e7 ) ! cons5t ( ano!r  
,f$]al ag5cy1 ent] into an agreem5t ) t 
,f$]al ag5cy to use1 ) or )\t           
reimbursem5t1 any s]vice1 equipm5t1     
p]sonnel1 or facility ( t ,f$]al ag5cy2 

&  7,f7 e/abli% su* rules1 regulations1 
& proc$ures z ! ,presid5t ( ! ,bank & ! 
,bo>d ( ,directors consid] appropriate &
 t are consi/5t ) o!r /atutes4  4  #e4  
,make ,m 9 ,am]ica ,program  7a7 ,9     
g5]al ,section #b ( ! ,export-,import   
,bank ,act ( #aide 7#ab ,u4,s4,c4 #fce7 
is am5d$ by add+ at ! end ! foll[+3  7m7
 ,make ,m 9 ,am]ica ,program  7#a7      
,e/abli%m5t  7,a7 ,9 g5]al ,! ,bank %all
 e/abli% ! ,make ,m 9 ,am]ica ,program  
79 ?is subsection ref]r$ to z !         
,program71 "u :i* ! ,bank %all provide  
support1 by provid+ f9anc+ & ent]+ into 
o!r agreem5ts & transactions au?oriz$ "u
 p>agraphs 7#a7 & 7#d7 ( subsection 7a71
 = export-relat$ manufactur+ projects 9 
! ,unit$ ,/ates1 9 support ( manufactur+
 companies ( all sizes1 includ+ />tups1 
9 priority indu/ries describ$ 9 p>agraph
 7#b71 indu/ries describ$ 9 p>agraph    
7#c71 & suppli]s t enable ^? indu/ries1 
all ( :i* directly support employm5t 9 !
 ,unit$ ,/ates4  7,b7 ,future exports ,!
 ,bank may provide support "u ! ,program

 to support future exports by an        
applicant = su* support1 ev5 if !       
applicant does n produce goods = export 
at ! "t ! support is aw>d$4  7#b7       
,priority focus areas ,"u ! ,program1 ! 
,bank %all advance export-relat$        
manufactur+ 9 ! foll[+ indu/ries3 7,a7  
,/rategic indu/ries = :i* !re is evid5ce
 ( subsidies or production support by   
o!r c\ntries t-- 7i7 has result$ 9      
ov]reliance or creat$ =eign *okepo9ts = 
,unit$ ,/ates supply *a9s2 or  7ii7     
o!rwise pres5ts a p]si/5t risk to ,unit$
 ,/ates supply *a9s4  7,b7 ,/rategic    
indu/ries critical to ! national        
security & economic competitiv5ess ( !  
,unit$ ,/ates1 includ+1 at a m9imum1    
indu/ries describ$ 9 p>agraph 7#c74     
7,c7 ,em]g+ indu/ries t-- 7i7 are       
critical to ! national security &       
economic competitiv5ess ( ! ,unit$      
,/ates2 &  7ii7 h n rea*$ comm]cial     
scale & !re=e are unable to receive     
suffici5t private capital fund+ =       
demon/ration scale op]ations1 equipm5t  

pur*as+1 comm]cialization1 or su/a9$    
manufactur+ = export4  7#c7 ,indu/ries (
 int]e/ ,! indu/ries describ$ 9 ?is     
p>agraph are indu/ries1 & compon5ts     
!re(1 critical to ! national security & 
economic competitiv5ess ( ! ,unit$      
,/ates1 :i* may include ! foll[+3 7,a7  
,! trans=mational export areas "u !     
,program on ,*9a & ,trans=mational      
,exports specifi$ 9 subsection          
7l77#a77;,b74  7,b7 ,critical m9]als 7z 
def9$ 9 section #gjjb7;a7 ( ! ,en]gy    
,act ( #bjbj 7#cj ,u4,s4,c4 #afjf7;a7774
  7,c7 ,%ipbuild+ & %ip repair4  7,d7   
,cyb]-physical sy/ems & me*atronics1    
includ+ robotics4  7,e7 ,a]ospace &     
aviation1 includ+ unmann$ aircraft      
sy/ems 7z def9$ 9 section #ddhja ( title
 #di1 ,unit$ ,/ates ,code7 & ! compon5ts
 & subsy/ems !re(1 includ+ propulsion   
sy/ems4  7,f7 ,transport sy/ems4  7,g7  
,advanc$ en]gy & indu/rial effici5cy    
te*nologies1 su* z batt]ies & advanc$   
nucle> te*nologies1 includ+ = ! purposes
 ( electric g5]ation1 consi/5t ) !      

re/rictions on ! ,national ,sci5ce      
,f\ndation "u section #ae ( ! ,national 
,sci5ce ,f\ndation ,act ( #aiej 7#db    
,u4,s4,c4 #ahgd74  7,h7 ,advanc$        
mat]ials sci5ce1 includ+ composites     
#b;,d mat]ials1 o!r next-g5]ation       
mat]ials1 & relat$ manufactur+          
te*nologies4  7,i7 ,critical s5s+       
te*nologies4  7,j7 ,su* o!r indu/ries z 
! ,bank1 ) ! approval ( ! ,bo>d (       
,directors1 consid]s appropriate4  7#d7 
,requirem5ts = projects ,an applicant   
seek+ support f ! ,bank "u p>agraph 7#a7
 ) respect to a project is requir$--    
7,a7 to demon/rate t ! project-- 7i7    
aligns ) ! goals ( ! inve/m5t roadmap   
develop$ "u section #c7n77#c72  7ii7 has
 a cr$ible pa?way to f9ancial           
su/a9ability &1 z appropriate1 provides 
reasonable assurance ( repaym5t2 &      
7iii7 supports employm5t 9 ! ,unit$     
,/ates directly relat$ to ! project2 &  
7,b7 to submit docum5tation on ! numb] (
 jobs 9 ! ,unit$ ,/ates t ! applicant   
e/imates w be creat$1 & ! quality ( ^?  

jobs1 if ! support = ! project is       
approv$2 &  7,c7 to make commitm5ts to  
inve/+ 9-- 7i7 work]s & communities     
associat$ ) ! project1 includ+ ?r\gh    
tra9+ & education b5efits paid by !     
applicant1 wrap ar\nd s]vices t support 
work=ce reliability1 & commitm5ts secur$
 f regional educational & tra9+         
entities1 includ+ jo9t labor-managem5t  
organizations1 & in/itutions ( high]    
education to provide work=ce tra9+1     
includ+ appr5tice%ip programs regi/]$ "u
 ! ,act ( ,augu/ #af1 #aicg 7#ej ,/at4  
#ffd1 *apt] #ffc2 #bi ,u4,s4,c4 #ej et  
seq47 7commonly kn[n z ! ,national      
,appr5tice%ip ,act72 &  7ii7 ! quality (
 jobs associat$ ) ! project1 z det]m9$  
bas$ on high] wage levels ?an ! local   
m$ian wage1 inc5tive programs 7:i* may  
include employee own]%ip plans & pr(it  
%>+ arrangem5ts71 b5efits1 & work]      
protections4  7#e7 ,pref]5tial t]ms =   
c]ta9 projects  7,a7 ,9 g5]al ,! ,bank  
may provide support "u p>agraph 7#a7 on 
m favorable t]ms or 9 a l>g] am\nt = a  

project-- 7i7 t is locat$ 9 or directly 
b5efits an economically di/ress$ region2
 or  7ii7 if m ?an #gj p]c5t ( ! jobs   
creat$ by ! project are expect$ to pay m
 ?an #aaj p]c5t ( ! mean pay = ! c\nty 9
 :i* ! project is locat$4  7,b7         
,economically di/ress$ region def9$ ,9  
?is p>agraph1 ! t]m economically        
di/ress$ region means a region-- 7i7    
describ$ 9-- 7,i7 section #cja ( !      
,public ,works & ,economic ,developm5t  
,act ( #aife 7#db ,u4,s4,c4 #cafa72     
7,,ii7 section #bi7;j77#a7 ( !          
,/ev5son-,wydl] ,te*nology ,innovation  
,act ( #aihj 7#ae ,u4,s4,c4             
#cgbb;b7j77#a772 or  7,,iii7 section    
#fgjb7;a77#a7 ( title #di1 ,unit$ ,/ates
 ,code2 or  7ii7 t meets ! def9ition (  
p]si/5t pov]ty c\nty 9 section #gcf (   
division ,a ( ! ,consolidat$            
,appropriations ,act1 #bjbc 7,public    
,law #aag-cbh2 #acf ,/at4 #dejc74  7#f7 
,use ( funds  7,a7 ,au?oriz$ uses ,a    
project t receives support "u p>agraph  
7#a7 may use ! support = any purpose t--

 7i7 is reasonably relat$ to developm5t1
 comm]cialization1 or dome/ic production
 9 indu/ries describ$ 9 p>agraph 7#c71  
includ+ support = work=ce developm5t by 
means ( direct tra9+1 support = build+  
or exp&+ a facility1 or = relat$ site   
developm5t2 or  7ii7 ! ,presid5t ( !    
,bank & ! ,bo>d ( ,directors det]m9es to
 be consi/5t ) ! objectives ( !         
,program4  7,b7 ,prohibit$ uses ,support
 provid$ "u p>agraph 7#a7 may n be us$--
 7i7 to repay debts incurr$ by ! p]son  
receiv+ ! support be=e ! disbursem5t ( !
 support2  7ii7 to make di/ributions1   
divid5ds1 or o!r paym5ts to %>ehold]s or
 equity hold]s ( ! p]son2 or  7iii7 to  
fund ! acquisition ( ano!r entity       
unrelat$ to ! project4  7#g7 ,t>get     
dates2 clawback = failure to meet  7,a7 
,t>get dates ,= ea* aw>d ( f9anc+ or    
f9ancial assi/ance provid$ "u p>agraph  
7#a7 ) respect to a project1 ! ,presid5t
 ( ! ,bank %all1 be=e di/ribut+ ! aw>d1 
det]m9e t>get dates by :i* a project    
%all comm5ce & complete4  7,b7          

,progressive recov]y = delays  7i7 ,9   
g5]al ,if a project does n comm5ce &    
complete by ! t>get dates e/abli%$ "u   
subp>agraph 7,a71 ! ,presid5t ( ! ,bank 
%all progressively recov] up to ! full  
am\nt ( ! aw>d provid$ "u p>agraph 7#a7 
) respect to ! project4  7ii7 ,clawback 
provisions ,! ,presid5t ( ! ,bank & !   
,bo>d ( ,directors %all-- 7,i7 include1 
9 ea* agreem5t provid+ = an aw>d made "u
 p>agraph 7#a71 clawback provisions to  
gov]n recov]y "u clause 7i72 &  7,,ii7  
notify ! ,committee on ,bank+1 ,h\s+1 & 
,urban ,affairs ( ! ,s5ate & !          
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives ) respect to ^? 
provisions4  7,c7 ,waiv] ,9 ! case ( a  
project t receives f9anc+ or f9ancial   
assi/ance "u p>agraph 7#a7 & exp]i5ces  
delays1 ! ,presid5t ( ! ,bank may waive 
elem5ts ( ! clawback provisions         
incorporat$ into ! agreem5t provid+ = ! 
aw>d-- 7i7 aft] mak+ a =mal det]m9ation 
t circum/ances beyond ! ability ( !     
p]son t receiv$ ! aw>d to =esee or      

control are responsible = delays2 &     
7ii7 n less ?an #ae days aft] notify+ ! 
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs ( ! ,s5ate & ! ,committee on   
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives ( ! int5tion ( !        
,presid5t ( ! ,bank to issue ! waiv]4   
7#h7 ,work=ce protections ,an applicant 
seek+ support f ! ,bank "u p>agraph 7#a7
 ) respect to a project & t has #ajj or 
m employees %all make a good-fai?       
c]tification t-- 7,a7 ! applicant w n   
abrogate exi/+ collective b>ga9+        
agreem5ts =-- 7i7 ! duration ( !        
project2 or  7ii7 ! t]m ( ! support & #b
 ye>s aft] ! t]m9ation ( ! support2 &   
7,b7 ! applicant w rema9 neutral 9 any  
union organiz+ ef=t = ! t]m ( ! support4
  7#i7 ,monitor+ ( job creation & job   
quality ,! ,bank %all develop a process 
=-- 7,a7 v]ify+ t ! e/imates made "u    
p>agraph 7#d77;,b7 are reasonable :5    
made2  7,b7 monitor+ ! creation &       
su/a9m5t ( jobs ?r\gh ! portfolio (     
projects = :i* f9anc+ or f9ancial       

assi/ance is provid$ "u p>agraph 7#a7   
ov] "t1 includ+ e/imat$ d[n/ream &      
supply *a9 employm5t effects & measures 
( job quality1 su* z m$ian wages1       
inc5tive programs & b5efits = work]s1 & 
labor repres5tation2  7,c7 monitor+     
compliance ) ! prevail+ wage requirem5ts
 "u p>agraph 7#ab71 9 coord9ation ) !   
,dep>tm5t ( ,labor2 &  7,d7 report+1 n  
less frequ5tly ?an annually1 to !       
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs ( ! ,s5ate & ! ,committee on   
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives on ! aggregate employm5t
 impact ( ! portfolio describ$ 9        
subp>agraph 7,b74  7#aj7 ,support goal  
,x %all be a goal ( ! ,bank to ensure t 
n less ?an #cj p]c5t ( ! applicable     
am\nt 7z def9$ 9 section #f7;a77#b77 9  
ea* fiscal ye> is made available =      
f9anc+ or f9ancial assi/ance "u ?is     
subsection4  7#aa7 ,approval ( c]ta9    
transactions by ,bo>d ,! approval ( !   
,bo>d is requir$ = f9anc+ or f9ancial   
assi/ance 9 excess ( #ej1jjj1jjj to be  

provid$ to a project "u ?is subsection4 
7#ab7 ,prevail+ wage protections2       
clawback = failure to comply  7,a7 ,9   
g5]al ,all labor]s & me*anics employ$ by
 contractors or subcontractors 9 !      
p]=mance ( con/ruction1 alt]ation1 or   
repair "w c>ri$ out1 9 :ole or 9 "p1 )  
f9anc+ or f9ancial assi/ance f ! ,bank  
"u ?is subsection %all be paid wages at 
rates n less ?an ^? prevail+ on projects
 ( a "* simil> 9 ! locality z det]m9$ by
 ! ,secret>y ( ,labor 9 accordance )    
sub*apt] ,,iv ( *apt] #ca ( title #dj1  
,unit$ ,/ates ,code4  7,b7 ,au?ority ,) 
respect to ! labor /&>ds specifi$ 9     
subp>agraph 7,a71 ! ,secret>y ( ,labor  
%all h ! au?ority & functions set =? 9  
,reorganization ,plan ,numb]$ #ad (     
#aiej 7#fd ,/at4 #abfg2 #e ,u4,s4,c4    
,app47 & section #cade ( title #dj1     
,unit$ ,/ates ,code4  7,c7 ,progressive 
recov]y = failure to comply  7i7 ,9     
g5]al ,if a project does n comply )     
subp>agraph 7,a71 ! ,presid5t ( ! ,bank 
%all progressively recov] up to ! full  

am\nt ( ! aw>d provid$ "u p>agraph 7#a7 
) respect to ! project4  7ii7 ,clawback 
provisions ,! ,presid5t ( ! ,bank & !   
,bo>d ( ,directors %all-- 7,i7 include1 
9 ea* agreem5t provid+ = an aw>d made "u
 p>agraph 7#a71 clawback provisions to  
gov]n recov]y "u clause 7i72 &  7,,ii7  
notify ! ,committee on ,bank+1 ,h\s+1 & 
,urban ,affairs ( ! ,s5ate & !          
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives ) respect to ^? 
provisions4  7#ac7 ,waiv] ( repaym5t    
assurance ,9 ! case ( loans provid$ "u  
?is subsection1 ! ,bo>d may waive !     
requirem5t = reasonable assurance (     
repaym5t "u subsection 7b77#a77;,b7 if  
am\nts are appropriat$ to provide f9anc+
 = purposes t are inconsi/5t ) su*      
requirem5t4  7#ad7 ,gu>antee cov]age =  
p>ticipat+ l5d]s  7,a7 ,9 g5]al ,9      
provid+ a loan gu>antee "u ?is          
subsection1 ! ,bank %all provide a #ajj 
p]c5t gu>antee to an acceptable         
comm]cial bank or community l5d]-- 7i7 =
 up to #ij p]c5t ( ! value ( ! loan1 9 !

 case ( a loan = a small or m$ium-siz$  
export]2 or  7ii7 = up to #hj p]c5t ( ! 
value ( ! loan 9 any case n describ$ 9  
clause 7i74  7,b7 ,delegat$ au?ority    
program  7i7 ,9 g5]al ,"u ! ,program1 ! 
,bank %all develop a delegat$ au?ority  
program "u :i* ! ,bank provides #ajj    
p]c5t gu>antee cov]age = up to          
#ej1jjj1jjj p] loan made by a comm]cial 
bank or community l5d] to a small or    
m$ium-siz$ export]4  7ii7 ,/&>ds ,!     
,bank1 9 consultation ) private l5d]s1  
%all develop set ( l5d+ /&>ds t (f] a   
suffici5t likelihood ( repaym5t =       
purposes ( ! delegat$ au?ority program  
requir$ by clause 7i74  7,c7 ,small or  
m$ium-siz$ export] def9$ ,9 ?is         
p>agraph1 ! t]m small or m$ium-siz$     
export] means an export] ) annual sales 
( #a1jjj1jjj1jjj or less4  4  7b7       
,inclusion 9 annual report ,section #h (
 ! ,export-,import ,bank ,act ( #aide   
7#ab ,u4,s4,c4 #fce;g7 is am5d$ by add+ 
at ! end ! foll[+3  7m7 ,report on ,make
 ,m 9 ,am]ica ,program ,! ,bank %all    

include 9 its annual report to ,congress
 "u subsection 7a7-- 7#a7 a li/ ( all   
projects support$ "u ! ,make ,m 9       
,am]ica ,program pursuant to section    
#b7m72  7#b7 a description ( !          
geographic di/ribution ( ^? projects2   
7#c7 an analysis ( ! f9ancial p]=mance (
 ^? projects2  7#d7 an e/imate ( ! numb]
 & quality ( jobs 9 ! ,unit$ ,/ates     
creat$ ?r\gh ^? projects2  7#e7 an      
e/imate ( ! private capital mobiliz$ by 
^? projects1 9 aggregate & by project2  
7#f7 a description ( ! /rategic         
production capacity creat$ ?r\gh ^?     
projects1 includ+ production volumes1   
supply *a9 positions secur$1 & import   
dep5d5cies r$uc$2 &  7#g7 ! ratio (     
private capital mobiliz$ to public      
f9anc+ provid$ "u ! ,program4  4  #f4   
,modification ( 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\nt1
 = ea* ( fiscal ye>s #bjbg ?r\gh #bjcc1 
means #bje1jjj1jjj1jjj4  4  #g4         
,modification ( default rate & l5d+ cap 
7a7 ,9 g5]al ,section #f7;a77#c7 ( !    
,export-,import ,bank ,act ( #aide 7#ab 
,u4,s4,c4 #fce;e7a77#c77 is am5d$ to    
read z foll[s3  7#c7 ,freez+ ( l5d+ cap 
if default rate exce$s c]ta9 limitations
  7,a7 ,traditional export cr$it        
portfolio ,! ,bank may n exce$ ! am\nt (
 loans1 gu>antees1 & insurance 9 !      
traditional export cr$it portfolio 7z   
def9$ 9 section #h7;g77#a77;,b77 out/&+ 
on ! la/ day ( a qu>t] if ! rate        
calculat$ "u section #h7;g77#a7 )       
respect to-- 7i7 oil & gas transactions 
is #b p]c5t or m = t qu>t]2 or  7ii7 all
 transactions 9 t portfolio o!r ?an oil 
& gas transactions is #d p]c5t or m = t 
qu>t]4  7,b7 ,make ,m 9 ,am]ica ,program
 portfolio ,! ,bank may n exce$ ! am\nt 
( loans1 gu>antees1 & insurance 9 !     
,make ,m 9 ,am]ica ,program portfolio 7z
 def9$ 9 section #h7;g77#a77;,b77 out/&+

 on ! la/ day ( a qu>t] if ! rate       
calculat$ "u section #h7;g77#a7 )       
respect to t portfolio is #aj p]c5t or m
 = t qu>t]4  7,c7 ,*9a & ,trans=mational
 ,exports ,program portfolio ,! ,bank   
may n exce$ ! am\nt ( loans1 gu>antees1 
& insurance 9 ! ,*9a & ,trans=mational  
,exports ,program portfolio 7z def9$ 9  
section #h7;g77#a77;,b77 out/&+ on ! la/
 day ( a qu>t] if ! rate calculat$ "u   
section #h7;g77#a7 ) respect to t       
portfolio is #aj p]c5t or m = t qu>t]4  
7,d7 ,t]m9ation ( freeze  7i7           
,traditional export cr$it portfolio ,a  
freeze "u clause 7i7 or 7ii7 ( p>agraph 
7#a77;,a7 %all rema9 9 effect until !   
rate calculat$ "u section #h7;g77#a7 )  
respect to-- 7,i7 9 ! case ( a freeze "u
 clause 7i7 ( t p>agraph1 oil & gas     
transactions is less ?an #b p]c5t = t   
qu>t]2 or  7,,ii7 9 ! case ( a freeze "u
 clause 7ii7 ( t p>agraph1 all          
transactions 9 ! traditional export     
cr$it portfolio o!r ?an oil & gas       
transactions is less ?an #d p]c5t = t   

qu>t]4  7ii7 ,make ,m 9 ,am]ica ,program
 portfolio ,a freeze "u p>agraph        
7#a77;,b7 %all rema9 9 effect until !   
rate calculat$ "u section #h7;g77#a7 )  
respect to ! ,make ,m 9 ,am]ica ,program
 portfolio is less ?an #aj p]c5t4  7iii7
 ,*9a & ,trans=mational ,exports        
portfolio ,a freeze "u p>agraph         
7#a77;,c7 %all rema9 9 effect until !   
rate calculat$ "u section #h7;g77#a7 )  
respect to ! ,*9a & ,trans=mational     
,exports ,program portfolio is less ?an 
#aj p]c5t4  7iv7 ,cont+5cies ,not)/&+   
subp>agraph 7,a71 7,b71 or 7,c7 (       
p>agraph 7#a71 a freeze "u any su*      
subp>agraph %all t]m9ate if-- 7,i7 !    
,secret>y ( ,comm]ce det]m9es t !       
cont9u$ op]ation ( ! ,bank is 9 !       
national security or economic int]e/s ( 
! ,unit$ ,/ates & notifies ,congress n  
lat] ?an #cj days aft] mak+ t           
det]m9ation2 or  7,,ii7 ! ,secret>y ( ! 
,treasury det]m9es t a f9ancial crisis  
exi/s t requires ! ,bank to provide     
liquidity or risk enhancem5ts to protect

 ,unit$ ,/ates exports & notifies       
,congress n lat] ?an #cj days aft] mak+ 
t det]m9ation4  4  7b7 ,calculat+ (     
default rates by portfolio ,section     
#h7;g77#a7 ( ! ,export-,import ,bank    
,act ( #aide 7#ab ,u4,s4,c4             
#fce;g7g77#a77 is am5d$ to read z       
foll[s3  7#a7 ,monitor+ ( default rates 
7,a7 ,9 g5]al ,n less frequ5tly ?an     
qu>t]ly1 ! ,bank %all calculate ! rate  
at :i* ! entities to :i* ! ,bank has    
provid$ %ort-1 m$ium-1 or long-t]m      
f9anc+ are 9 default on a paym5t        
obligation "u ! f9anc+1 by divid+-- 7i7 
! total am\nt ( ! requir$ paym5ts t are 
ov]due & are expect$ to become net      
losses aft] us+ ! ,bank's res]ves f     
collect$ int]e/ & fees1 by  7ii7 !      
applicable am\nt 7z def9$ 9 section     
#f7;a77#b774  7,b7 ,acc\nt+ & default   
rates by portfolio ,! ,bank %all ma9ta9 
sep>ate acc\nt+ (1 & calculate a sep>ate
 default rate "u subp>agraph 7,a7 =--   
7i7 all loans1 gu>antees1 & insurance   
provid$ "u ! ,make ,m 9 ,am]ica ,program

 pursuant to section #b7m7 79 ?is ,act  
ref]r$ to z ! ,make ,m 9 ,am]ica        
,program portfolio72  7ii7 all loans1   
gu>antees1 & insurance provid$ "u ! ,*9a
 & ,trans=mational ,exports ,program    
pursuant to section #b7l7 79 ?is ,act   
ref]r$ to z ! ,*9a & ,trans=mational    
,exports ,program portfolio72 &  7iii7  
all loans1 gu>antees1 & insurance       
provid$ "u au?orities o!r ?an ! ,make ,m
 9 ,am]ica ,program pursuant to section 
#b7m7 or ! ,*9a & ,trans=mational       
,exports ,program pursuant to section   
#b7l7 79 ?is ,act ref]r$ to z !         
traditional export cr$it portfolio74    
7,c7 ,sep>ate risk report+ ,n less      
frequ5tly ?an qu>t]ly1 ! ,*ief ,risk    
,(fic] ( ! ,bank %all report sep>ately  
on ! default rate1 risk exposure1 &     
portfolio p]=mance ( ! traditional      
export cr$it portfolio & ! ,make ,m 9   
,am]ica ,program portfolio4  4  7c7     
,exclusion ( transactions relat+ to     
,make ,m ,9 ,am]ica & ,*9a &            
,trans=mational ,exports programs       

,section #h7;g7 ( ! ,export-,import     
,bank ,act ( #aide 7#ab ,u4,s4,c4       
#fce;g7g771 z am5d$ by subsection 7b71  
is fur!r am5d$ by add+ at ! end !       
foll[+3  7#g7 ,exclusion ( transactions 
relat+ to ,make ,m ,9 ,am]ica & ,*9a &  
,trans=mational ,exports programs ,= !  
purposes ( ?is subsection1 if f9anc+    
provid$ "u ! ,make ,m 9 ,am]ica ,program
 pursuant to section #b7m7 or ! ,*9a &  
,trans=mational ,exports ,program       
pursuant to section #b7l7 results 9 a   
default rate calculat$ "u p>agraph 7#a7 
exce$+ an applicable limitation "u      
subp>agraph 7,b7 or 7,c7 ( section      
#f7;a77#c71 ! ,bank may1 subject to !   
approval ( ! ,bo>d ( ,directors1 exclude
 su* f9anc+ f ! calculation ( ! default 
rate4  4  7d7 ,con=m+ am5dm5ts ,section 
#h7;g7 ( ! ,export-,import ,bank ,act ( 
#aide 7#ab ,u4,s4,c4 #fce;g7g771 z am5d$
 by subsections 7b7 & 7c71 is fur!r     
am5d$-- 7#a7 9 p>agraph 7#c7-- 7,a7 by  
/rik+ exce$s #b p]c5t & ins]t+ exce$s a 
limitation "u subp>agraph 7,a71 7,b71 or

 7,c7 ( section #f7;a77#c72  7,b7 by    
/rik+ be at lea/ #b p]c5t & ins]t+ equal
 or exce$ t limitation2 &  7,c7 by /rik+
 less ?an #b p]c5t & ins]t+ less ?an t  
limitation2  7#b7 9 p>agraph 7#d77;,b71 
by /rik+ less ?an #b p]c5t & ins]t+ less
 ?an ! applicable limitation "u         
subp>agraph 7,a71 7,b71 or 7,c7 (       
section #f7;a77#c72  7#c7 9 p>agraph    
7#e7-- 7,a7 9 ! p>agraph head+1 by /rik+
 is at lea/ #b p]c5t & ins]t+ equals or 
exce$s applicable limitation2  7,b7 by  
/rik+ ! default rate & ins]t+ a default 
rate2 &  7,c7 by /rik+ is at lea/ #b    
p]c5t & ins]t+ equals or exce$s !       
applicable limitation "u subp>agraph    
7,a71 7,b71 or 7,c7 ( section           
#f7;a77#c72 &  7#d7 9 p>agraph 7#f71 9 !
 matt] prec$+ subp>agraph 7,a7-- 7,a7 by
 /rik+ ! default rate & ins]t+ a default
 rate2 &  7,b7 by /rik+ rema9s above #b 
p]c5t & ins]t+ cont9ues to equal or     
exce$ ! applicable limitation "u        
subp>agraph 7,a71 7,b71 or 7,c7 (       
section #f7;a77#c74  #h4 ,inve/m5t      

,committee ,section #c ( !              
,export-,import ,bank ,act ( #aide 7#ab 
,u4,s4,c4 #fce;a7 is am5d$ by add+ at ! 
end ! foll[+3  7n7 ,inve/m5t committee  
7#a7 ,e/abli%m5t ,!re is e/abli%$ a     
managem5t committee to be kn[n z !      
,inve/m5t ,committee4  7#b7 ,memb]%ip ,!
 ,inve/m5t ,committee %all be compos$   
(-- 7,a7 ! ,presid5t ( ! ,bank1 :o %all 
s]ve z *airp]son2  7,b7 ! ,bo>d (       
,directors2  7,c7 a repres5tative ( !   
,dep>tm5t ( ! ,treasury1 designat$ by ! 
,secret>y ( ! ,treasury2  7,d7 a        
repres5tative ( ! ,dep>tm5t ( ,comm]ce1 
designat$ by ! ,secret>y ( ,comm]ce2    
7,e7 a repres5tative ( ! ,dep>tm5t (    
,en]gy1 designat$ by ! ,secret>y (      
,en]gy2  7,f7 a repres5tative ( !       
,dep>tm5t ( ,def5se1 designat$ by !     
,secret>y ( ,def5se2  7,g7 a            
repres5tative ( ! ,(fice ( ! ,unit$     
,/ates ,trade ,repres5tative1 designat$ 
by ! ,unit$ ,/ates ,trade               
,repres5tative2  7,h7 a repres5tative ( 
! ,small ,bus9ess ,adm9i/ration1        

designat$ by ! ,adm9i/rator ( ! ,small  
,bus9ess ,adm9i/ration2  7,i7 a         
repres5tative ( ! ,dep>tm5t (           
,agriculture1 designat$ by ! ,secret>y (
 ,agriculture2  7,j7 a repres5tative ( !
 ,dep>tm5t ( ,heal? & ,human ,s]vices1  
designat$ by ! ,secret>y ( ,heal? &     
,human ,s]vices2  7,k7 a repres5tative (
 ! ,dep>tm5t ( ,labor2  7,l7 a          
repres5tative ( ! ,dep>tm5t (           
,transportation2  7,m7 ?ree ,memb]s ( ! 
,s5ate appo9t$ by ! ,presid5t ( !       
,s5ate1 ea* = a #b-ye> t]m2 &  7,n7 ?ree
 ,memb]s ( ! ,h\se ( ,repres5tatives    
appo9t$ by ! ,speak] ( ! ,h\se (        
,repres5tatives1 ea* = a #b-ye> t]m4    
7#c7 ,inve/m5t roadmap  7,a7 ,9 g5]al ,!
 ,inve/m5t ,committee %all be           
responsible =-- 7i7 develop+ a #aj-ye>  
inve/m5t roadmap =-- 7,i7 id5tifi$      
te*nology areas & indu/ry priorities =  
public sector inve/m5t2 &  7,,ii7       
id5tifi$ missions ( national int]e/ to  
focus public sector inve/m5t &          
coord9ation across sectors to improve ! 

lives ( ! p ( ! ,unit$ ,/ates ?r\gh     
great] capacity 9 innovation1           
production1 deploym5t1 l[] co/s1 &      
problem-solv+2 &  7ii7 obta9+ ! approval
 ( ! ,national ,economic ,c\ncil1 !     
,national ,security ,c\ncil1 & ! ,(fice 
( ,sci5ce & ,te*nology ,policy ) respect
 to ! inve/m5t roadmap4  7,b7 ,use (    
roadmap ,! inve/m5t roadmap requir$ by  
subp>agraph 7,a7 may in=m ! ,bank & o!r 
ag5cies repres5t$ on ! inve/m5t         
committee ) respect to inve/m5t         
/rategies t are consi/5t ) _! missions &
 policies4  7,c7 ,consid]ation ( models 
,9 develop+ ! inve/m5t roadmap requir$  
by subp>agraph 7,a71 ! ,inve/m5t        
,committee %all be in=m$ by o!r         
te*nology roadmaps 7su* z ! ,national   
,security ,/rategy & ! ,critical        
,te*nology ,areas ( ! ,dep>tm5t (       
,def5se7 & supply *a9 risk analyses4    
7,d7 ,updates ,! inve/m5t roadmap       
requir$ by subp>agraph 7,a7 %all be     
updat$ n less frequ5tly ?an once e #d   
ye>s4  7,e7 ,public availability ,!     

inve/m5t roadmap requir$ by subp>agraph 
7,a7 & ea* update "u subp>agraph 7,c7   
%all be made available to ! public4     
7#d7 ,advisory committees  7,a7 ,9 g5]al
 ,! ,inve/m5t ,committee %all e/abli%   
advisory committees = ea* te*nology area
 ( int]e/ or mission ( national int]e/  
id5tifi$ 9 ! inve/m5t roadmap requir$ by
 p>agraph 7#c74  7,b7 ,role ,an advisory
 committee e/abli%$ "u subp>agraph 7,a7 
) respect to a te*nology area ( int]e/  
or mission ( national int]e/ %all be    
responsible = provid+ to ! ,inve/m5t    
,committee critical inputs into ov]>*+  
goals1 mile/ones1 & focus areas 9 !     
te*nology area ( int]e/4  7,c7 ,memb]%ip
 ,an advisory committee e/abli%$ "u     
subp>agraph 7,a7 %all include           
repres5tatives f o!r ,f$]al ag5cies1    
,/ate gov]nm5ts1 indu/ry1 labor         
organizations1 rese>* in/itutions1 & o!r
 entities4  4  #i4 ,int]ag5cy           
coord9ation ,section #ac ( !            
,export-,import ,bank ,act ( #aide 7#ab 
,u4,s4,c4 #fce;i-#g7 is am5d$-- 7#a7 9 !

 section head+1 by /rik+ ,coop]ation on 
export f9anc+ programs & ins]t+         
,int]ag5cy coop]ation2  7#b7 by /rik+ ,!
 ,bank & ins]t+ ! foll[+3  7a7          
,coop]ation on export f9anc+ & f9ancial 
assi/ance programs ,! ,bank  2 &  7#c7  
by add+ at ! end ! foll[+3  7b7         
,int]ag5cy work+ gr\p  7#a7 ,e/abli%m5t 
,!re is e/abli%$ an int]ag5cy work+     
gr\p4  7#b7 ,duties ,! work+ gr\p       
e/abli%$ by p>agraph 7#a7 %all be       
responsible =-- 7,a7 provid+ guidance to
 ! ,bank on priority advanc$ manufactur+
 & critical te*nology indu/ries2  7,b7  
ensur+ coord9ation across ,f$]al        
programs = f9anc+ & support+ advanc$    
manufactur+ & critical te*nology        
developm5t 9 s]vice ( /rategic economic 
competitiv5ess imp]atives1 includ+ ef=ts
 to align p]=mance metrics & to ensure  
timely review ( applications & deploym5t
 ( capital2  7,c7 align+ ! "w ( ! work+ 
gr\p ) ! activities ( ! ,trade          
,promotion ,coord9at+ ,committee        
e/abli%$ "u section #bcab ( ! ,export   

,enhancem5t ,act ( #aihh 7#ae ,u4,s4,c4 
#dgbg72 &  7,d7 conduct+ brief+s requir$
 by p>agraph 7#f74  7#c7 ,co-*airp]sons 
,! ,presid5t ( ! ,bank & ! ,director ( !
 ,national ,economic ,c\ncil %all s]ve z
 co-*airp]sons ( ! work+ gr\p e/abli%$  
by p>agraph 7#a74  7#d7 ,doma9-specific 
work+ gr\ps  7,a7 ,9 g5]al ,! ,inve/m5t 
,committee e/abli%$ "u section #c7n7    
%all e/abli% doma9-specific work+ gr\ps 
correspond+ to ! te*nology areas        
id5tifi$ 9 ! inve/m5t roadmap requir$ by
 section #c7n77#c74 ,su* doma9s may     
include biote*nology 7includ+           
biomanufactur+71 next-g5]ation en]gy    
7includ+ fusion en]gy71 advanc$ comput+1
 robotics1 & critical m9]als4  7,b7     
,missions ( national int]e/ ,"o ( !     
doma9-specific work+ gr\ps e/abli%$ "u  
subp>agraph 7,a7 %all be e/abli%$ to    
id5tify missions ( national int]e/ to   
focus public sector inve/m5t &          
coord9ation across sectors to improve ! 
lives ( ! p ( ! ,unit$ ,/ates ?r\gh     
great] capacity 9 innovation1           

production1 deploym5t1 l[] co/s1 &      
problem-solv+4  7,c7 ,composition       
,subject to subp>agraph 7,d71 !         
,inve/m5t ,committee %all det]m9e !     
memb]%ip ( ea* doma9-specific work+ gr\p
 e/abli%$ "u subp>agraph 7,a71 draw+ f  
relevant ,f$]al ag5cies1 includ+ !      
ag5cies describ$ 9 p>agraph 7#e71 & f   
su* o!r entities z ! ,committee consid]s
 appropriate4  7,d7 ,/&+ memb]%ip ,ea*  
doma9-specific work+ gr\p e/abli%$ "u   
subp>agraph 7,a7 %all include           
repres5tatives ( ! ,dep>tm5t ( ,en]gy1 !
 ,dep>tm5t ( ,def5se1 ! ,dep>tm5t (     
,comm]ce1 & ! ,dep>tm5t ( ,/ate4  7#e7  
,te*nical input ,9 c>ry+ out ! duties   
describ$ 9 p>agraph 7#b71 ! work+ gr\p  
e/abli%$ by p>agraph 7#a7 &             
doma9-specific work+ gr\ps e/abli%$ "u  
p>agraph 7#d7 %all seek te*nical input f
 relevant ,f$]al ag5cies & entities1 &  
o!r p>tn]s1 includ+-- 7,a7 ,f$]al       
inve/m5t entities1 includ+ ! ,(fice (   
,/rategic ,capital ( ! ,dep>tm5t (      
,def5se1 ! ,unit$ ,/ates ,int]national  

,developm5t ,f9ance ,corporation1 !     
,loan ,programs ,(fice ( ! ,dep>tm5t (  
,en]gy1 & ,f$]al ag5cies to :i*         
au?orities "u ! ,def5se ,production ,act
 ( #aiej 7#ej ,u4,s4,c4 #deja et seq47 h
 be5 delegat$2  7,b7 ,f$]al rese>* &    
innovation ag5cies1 includ+ ! ,national 
,sci5ce ,f\ndation1 ! ,advanc$ ,rese>*  
,projects ,ag5cy-,en]gy1 ! ,advanc$     
,rese>* ,projects ,ag5cy = ,heal?1 & !  
,small ,bus9ess ,innovation ,rese>*     
program1 ) a focus on ag5cies conduct+  
align$ f$]ally fund$ rese>* ) support f 
! ,f$]al ,gov]nm5t1 includ+ f ! ,bank1  
to translate rese>* into new />tups & to
 scale companies 9 ! ,unit$ ,/ates2     
7,c7 mission ag5cies1 includ+ !         
,national ,a]onautics & ,space          
,adm9i/ration1 ! ,national ,in/itutes ( 
,heal?1 ! ,small ,bus9ess ,adm9i/ration1
 & ! ,national ,in/itute ( ,/&>ds &     
,te*nology2  7,d7 ,/ate gov]nm5ts1 to   
coord9ate ) respect to1 & align1 :]e    
possible1 )1 ,/ate inve/m5t to /r5g!n   
dome/ic indu/rial capacity 9 critical   

indu/ries1 includ+ f$]ally fund$        
initiatives l ! ,/ate ,small ,bus9ess   
,cr$it ,initiative2 &  7,e7 su* o!r     
ag5cies & entities z ! ,bank or !       
,inve/m5t ,committee consid]s           
appropriate4  7#f7 ,annual brief+s ,n   
less frequ5tly ?an annually1 ! work+    
gr\p e/abli%$ by p>agraph 7#a7 %all     
brief ! ,committee on ,bank+1 ,h\s+1 &  
,urban ,affairs ( ! ,s5ate1 ! ,committee
 on ,f9ancial ,s]vices ( ! ,h\se (      
,repres5tatives1 & ! ,executive ,(fice (
 ! ,presid5t ) respect to1 = ! ye>      
prec$+ ! brief+-- 7,a7 reque/s =        
f9ancial assi/ance consid]$ by ! ,bank2 
7,b7 agreem5ts made "u ?is ,act2  7,c7  
opportunities = & consid]ation ( policy 
*anges to improve coord9ation across    
,f$]al programs ) ! goal ( ensur+ !     
success ( inve/m5ts facilitat$ by f9anc+
 or f9ancial assi/ance "u ?is ,act2 &   
7,d7 *all5ges id5tifi$ by applicants =  
f9ancial assi/ance across ,f$]al        
programs4  7c7 ,coord9ation ) respect to
 te*nology developm5t ,! ,bank %all     

conv5e meet+s ) o!r ag5cies to coord9ate
 ) respect to enhanc+ capacity =        
critical te*nology developm5t 9 ! ,unit$
 ,/ates4  4  #aj4 ,limitation on        
eligibility = support ,section #c ( !   
,export-,import ,bank ,act ( #aide 7#ab 
,u4,s4,c4 #fce;a71 z am5d$ by section   
#i1 is fur!r am5d$ by add+ at ! end !   
foll[+3  7p7 ,limitations on eligibility
 = support  7#a7 ,9 g5]al ,not)/&+ any  
o!r provision ( ?is ,act or any o!r     
,act1 a cov]$ entity is n eligible =    
f9anc+ or o!r support "u ?is ,act4  7#b7
 ,def9itions ,9 ?is section3 7,a7 ,cov]$
 entity  7i7 ,9 g5]al ,! t]m cov]$      
entity means an entity 9 :i* a cov]$    
individual directly or indirectly holds 
a significant int]e/4  7ii7 ,aggregation
 ( securities ,= purposes ( det]m9+ :e!r
 an entity is a cov]$ entity = purposes 
( clause 7i71 if securities ( ! entity  
are own$1 controll$1 or held by #b or m 
cov]$ individuals :o are relat$ z       
describ$ 9 subp>agraph 7,b71 su*        
securities %all be aggregat$4  7,b7     

,cov]$ individual ,! t]m cov]$          
individual means-- 7i7 ! ,presid5t2     
7ii7 ! ,vice ,presid5t2  7iii7 a ,memb] 
( ,congress2  7iv7 an individual appo9t$
 to a position 9 an ag5cy 7z def9$ 9    
section #eea ( title #e1 ,unit$ ,/ates  
,code7 = :i* appo9tm5t is requir$ to be 
made by ! ,presid5t2  7v7 a special     
,gov]nm5t employee1 z def9$ 9 section   
#bjb ( title #ah1 ,unit$ ,/ates ,code1  
associat$ ) ! ,executive ,(fice ( !     
,presid5t2  7vi7 a memb] ( ! ,inve/m5t  
,committee e/abli%$ "u subsection 7n72 &
  7vii7 ! sp\se1 *ild1 son-9-law1 or    
daught]-9-law ( an individual describ$ 9
 any ( clauses 7i7 ?r\gh 7vi74  7,c7 ,de
 m9imis int]e/ ,! t]m de m9imis int]e/  
means an equity int]e/ 9 an entity t--  
7i7 does n exce$ ! ?re%old specifi$ 9   
section #bfdj4bjb7;a77#b7 ( title #e1   
,code ( ,f$]al ,regulations 7or a       
successor regulation72  7ii7 is pur*as$ 
& own$ z "p ( an ,except$ ,inve/m5t     
,fund or a mutual fund2 or  7iii7 is    
pur*as$ & own$ z "p ( a widely div]sifi$

 employee b5efit plan or a p5sion       
e/abli%$ & ma9ta9$ by a ,f$]al1 ,/ate1  
or local gov]nm5t4  7,d7 ,equity int]e/ 
,! t]m equity int]e/ means-- 7i7 a %>e 9
 an entity1 )\t reg>d to :e!r ! %>e is--
 7,i7 transf]able2 or  7,,ii7 classifi$ 
z /ock or any?+ simil>2  7ii7 a capital 
or pr(it int]e/ 9 a limit$ liability    
company or p>tn]%ip2 &  7iii7 a w>rant  
or "r 7o!r ?an a "r to conv]t7 to       
pur*ase1 sell1 or subscribe to a %>e or 
int]e/ describ$ 9 clause 7i7 or 7ii71   
respectively4  7,e7 ,except$ ,inve/m5t  
,fund ,! t]m ,except$ ,inve/m5t ,fund   
means a widely held inve/m5t fund       
describ$ 9 section #acajd7;f77#h7 (     
title #e1 ,unit$ ,/ates ,code4  7,f7    
,significant int]e/ ,! t]m significant  
int]e/1 ) respect to an entity1 means   
own+1 controll+1 or hold+ any equity    
int]e/1 o!r ?an a de m9imis int]e/1 9 ! 
entity4  4  #aa4 ,modification (        
,program on ,*9a & ,trans=mational      
,exports ,section #b7l77#a7 ( !         
,export-,import ,bank ,act ( #aide 7#ab 

,u4,s4,c4 #fce7l77#a77 is am5d$-- 7#a7 9
 ! matt] prec$+ subp>agraph 7,a71 by    
/rik+ or by a cov]$ c\ntry & ins]t+ 1 ! 
,russian ,f$]ation1 or a cov]$ c\ntry2  
7#b7 9 subp>agraph 7,a71 by /rik+ or by 
a cov]$ c\ntry & ins]t+ 1 ! ,russian    
,f$]ation1 or a cov]$ c\ntry2 &  7#c7 9 
subp>agraph 7,b7-- 7,a7 9 clause 7v71 by
 /rik+ comput+ & ins]t+ te*nologies2 &  
7,b7 9 clause 7vi71 by ins]t+ nucle>    
en]gy1 aft] ,r5ewable en]gy14  #ab4     
,increase 9 goal = export ( goods &     
s]vices relat$ to r5ewable en]gy s\rces1
 en]gy effici5cy1 & en]gy /orage        
,section #b7;b77#a77,k7 ( !             
,export-,import ,bank ,act ( #aide 7#ab 
,u4,s4,c4 #fce7;b77#a77,k77 is am5d$ by 
/rik+ #e p]c5t & ins]t+ #aj p]c5t4  #ac4
 ,employm5t au?ority  7a7 ,9 g5]al      
,section #c ( ! ,export-,import ,bank   
,act ( #aide 7#ab ,u4,s4,c4 #fce;a71 z  
am5d$ by section #aj1 is fur!r am5d$ by 
add+ at ! end ! foll[+3  7q7 ,employm5t 
au?ority ,! ,bo>d may comp5sate n m ?an 
#aej employees ( ! ,bank )\t reg>d to ! 

provisions ( *apt] #ea or sub*apt] ,,iii
 or ,,viii ( *apt] #ec ( title #e1      
,unit$ ,/ates ,code4  4  7b7 ,con=m+    
repeal ,section #aag ( ! ,export        
,enhancem5t ,act ( #aiib 7,public ,law  
#ajb-dbi2 #ab ,u4,s4,c4 #fce;a note7 is 
repeal$4  #ad4 ,expansion ( gu>antee    
cov]age ,section #b7;c77#c77;,b7 ( !    
,export-,import ,bank ,act ( #aide 7#ab 
,u4,s4,c4 #fce7;c77#c77;,b77 is am5d$-- 
7#a7 by /rik+ ,= ! gu>antee program     
provid$ = 9 ?is subsection1 & ins]t+ !  
foll[+3  7i7 ,9 g5]al ,= a gu>antee     
program describ$ 9 clause 7ii71  2 &    
7#b7 by add+ at ! end ! foll[+3  7ii7   
,programs describ$ ,a gu>antee program  
describ$ 9 ?is clause is-- 7,i7 a       
gu>antee program provid$ = 9 ?is        
subsection2  7,,ii7 ! ,make ,m 9 ,am]ica
 ,program e/abli%$ "u subsection 7m72 & 
7,,iii7 subject to clause 7iii71 !      
,work+ ,capital ,gu>antee ,program4     
7iii7 ,limitation on ,work+ ,capital    
,gu>antee ,program ,"u ! ,work+ ,capital
 ,gu>antee ,program1 ! ,bank may n      

provide #ajj p]c5t cov]age ( an am\nt ( 
pr9cipal t exce$s #ej1jjj1jjj4  4