,,ii  #aaith ,,congress  #b;d ,session  
,s4 #dhbj  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #ag1     
#bjbf,ms4 ,alsobrooks 7for herself and  
,mr4 ,mc,cormick7 introduced the        
following bill2 which was read twice and
 referred to the ,committee on ,banking1
 ,housing1 and ,urban ,affairs  ,a      
,,bill  ,to amend the ,export-,import   
,bank ,act of #aide to codify and expand
 the ,regional ,export ,promotion       
,program of the ,export-,import ,bank of
 the ,united ,states4  #a4 ,short title 
,this ,act may be cited as the ,regional
 ,export ,promotion ,act of #bjbf4  #b4 
,codification of ,regional ,export      
,promotion ,program ,section #b of the  
,export-,import ,bank ,act of #aide 7#ab
 ,u4,s4,c4 #fce7 is amended by adding at
 the end the following3  7m7 ,regional  
,export ,promotion ,program  7#a7 ,in   
general ,the ,bank shall carry out a    
,regional ,export ,promotion ,program   
7in this subsection referred to as the  
,program7 under which the ,bank works in

 partnership with eligible members from 
regions of the ,united ,states to expand
 export opportunities for businesses in 
those regions4  7#b7 ,eligible members  
,for purposes of the ,program1 eligible 
members are ,state1 county1 and local   
nonprofit economic development entities1
 including-- 7,a7 ,state1 county1 and   
city governments2  7,b7 local nonprofit 
economic development entities funded    
through institutions of higher          
education2  7,c7 small business         
development centers established pursuant
 to section #ba of the ,small ,business 
,act 7#ae ,u4,s4,c4 #fdh72 and  7,d7    
world trade centers4  4  #c4 ,pilot     
program to expand focus of ,regional    
,export ,promotion ,program on small    
businesses  7a7 ,in general ,subsection 
7m7 of section #b of the ,export-,import
 ,bank ,act of #aide1 as added by       
section #b1 is further amended by adding
 at the end the following3  7#c7 ,pilot 
program to expand focus of ,program on  
small businesses  7,a7 ,in general ,the 

,bank shall implement a pilot program to
 expand the ,program to increase the    
footprint of the ,bank in regions with  
high concentrations of small business   
concerns4  7,b7 ,priority for certain   
entities ,in selecting new partners for 
the ,program under the pilot program    
required by subparagraph 7,a71 the ,bank
 shall prioritize entering into         
agreements with-- 7i7 ,state and local  
economic development agencies serving   
,h,u,b,zones 7as defined in section     
#ca7;b7 of the ,small ,business ,act    
7#ae ,u4,s4,c4 #feg;a7b7772  7ii7       
community development financial         
institutions 7as defined in section #ajc
 of the ,community ,development ,banking
 and ,financial ,institutions ,act of   
#aiid 7#ab ,u4,s4,c4 #dgjb772  7iii7    
minority depository institutions 7as    
defined in section #cjh of the          
,financial ,institutions ,reform1       
,recovery1 and ,enforcement ,act of     
#aihi 7,public ,law #aja-gc2 #ab        
,u4,s4,c4 #adfc note772  7iv7 local     

chambers of commerce2 and  7v7 local    
community banks and credit unions4  7,c7
 ,assistance ,under the pilot program   
required by subparagraph 7,a71 the ,bank
 shall provide-- 7i7 specialized        
training and marketing collateral2  7ii7
 short-term export credit insurance     
products specifically designed for small
 business accounts2 and  7iii7 in the   
case of entities that have not used     
products of the ,bank before1           
streamlined application processes4  7,d7
 ,duration ,the pilot program required  
by subparagraph 7,a7 shall terminate on 
the date that is #e years after the     
pilot program commences4  7,e7 ,small   
business concern defined ,in this       
subsection1 the term small business     
concern has the meaning given that term 
in section #c of the ,small ,business   
,act 7#ae ,u4,s4,c4 #fcb74  4  7b7      
,report to ,congress ,not later than one
 year after the commencement of the     
pilot program required by paragraph 7#c7
 of section #b7m7 of the ,export-,import

 ,bank ,act of #aide1 as added by       
subsection 7a71 and annually thereafter 
for #e years1 the ,president of the     
,export-,import ,bank of the ,united    
,states shall submit to the ,committee  
on ,banking1 ,housing1 and ,urban       
,affairs of the ,senate and the         
,committee on ,financial ,services of   
the ,house of ,representatives a        
report-- 7#a7 detailing the number of   
new regular partners of the ,bank       
developed under the pilot program1      
disaggregated by entity type2  7#b7     
detailing the total volume and dollar   
amount of ,bank products utilized by    
small business concerns 7as defined in  
section #c of the ,small ,business ,act 
7#ae ,u4,s4,c4 #fcb77 as a direct result
 of referrals from those partners2  7#c7
 assessing the elements of the pilot    
program that were most successful and   
the elements that could use improvement2
 and  7#d7 making recommendations with  
respect to whether new appropriations or
 other funding for the pilot program    

would be helpful or would have made the 
pilot program more successful4