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S. 4781IntroducedSenate · nowHousePresidentLawIn committee
Sec. 14 · S. 4781

Expansion of guarantee coverage

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Section 2(c)(3)(B) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(c)(3)(B)) is amended— (1) by striking For the guarantee program provided for in this subsection, and inserting the following: (i) In general For a guarantee program described in clause (ii),; and (2) by adding at the end the following: (ii) Programs described A guarantee program described in this clause is— (I) a guarantee program provided for in this subsection; (II) the Make More in America Program established under subsection (m); and (III) subject to clause (iii), the Working Capital Guarantee Program. (iii) Limitation on Working Capital Guarantee Program Under the Working Capital Guarantee Program, the Bank may not provide 100 percent coverage of an amount of principal that exceeds $50,000,000..

Sec. 14: Expansion of guarantee coverage · Public Law Tracker