,,ii  #aaith ,,congress  #ast ,session  
,s4 #gec  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,february #bf1      
#bjbe,ms4 ,cortez ,masto 7for herself   
and ,mr4 ,rounds7 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 exclude certain  
financing from the calculation of the   
default rate for purposes of determining
 when the lending cap under such ,act   
applies1 and for other purposes4  #a4   
,short title ,this ,act may be cited as 
the ,strengthening ,exports ,against    
,china ,act4  #b4 ,exclusion of certain 
financing ,section #f7;a77#c7 of the    
,export-,import ,bank ,act of #aide 7#ab
 ,u4,s4,c4 #fce;e7a77#c77 is amended--  
7#a7 by striking ,if and inserting the  
following3  7,a7 ,in general ,if  2 and 
7#b7 by adding at the end the following3
  7,b7 ,exclusion of certain financing  
,for purposes of this paragraph1 the    

rate calculated under section #h7;g77#a7
 shall not include an entity in default 
if the ,bank determines that the        
financing provided to the entity-- 7i7  
facilitates the replacement of or       
competition with a product or service   
provided by-- 7,i7 an entity on the     
,entity ,list maintained by the ,bureau 
of ,industry and ,security of the       
,department of ,commerce and set forth  
in ,supplement ,no4 #d to part #gdd of  
title #ae1 ,code of ,federal            
,regulations2 or  7,,ii7 a person-- 7aa7
 on the list of specially designated    
nationals and blocked persons maintained
 by the ,office of ,foreign ,assets     
,control of the ,department of the      
,treasury2 or  7bb7 with respect to     
which one or more persons described in  
item 7aa71 individually or in the       
aggregate1 directly or indirectly1 hold 
at least #ej percent of the outstanding 
voting interest2 or  7ii7 was provided  
pursuant to the ,program on ,china and  
,transformational ,exports established  

under section #b7l74  4