S.Amdt. 1912Senate112th Congress (2011-2013)2nd degree
S.Amdt. 1912
Sponsored by
Sen. Saxby Chambliss (R-GA)
Submitted March 20, 2012
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Senate amendment submitted
March 20, 2012
Text
Submitted
SA 1912. Mr. CHAMBLISS submitted an amendment intended to be proposed to amendment SA 1836 proposed by Mr. Reid (for Ms. Cantwell (for herself, Mr. Johnson of South Dakota, Mr. Graham, Mr. Shelby, Mr. Warner, Mr. Schumer, Mr. Brown of Ohio, Mrs. Hagan, Mr. Coons, Mr. Akaka, Mrs. Murray, Ms. Landrieu, Mr. Kerry, and Mr. Kirk)) to the bill H.R. 3606, to increase American job creation and economic growth by improving access to the public capital markets for emerging growth companies; which was ordered to lie on the table; as follows: At the end of the amendment, add the following: SEC. 817. EXPORT-IMPORT BANK EXPOSURE LIMIT BUSINESS PLAN. (a) In General.--Not later than August 31, 2012, the Export-Import Bank of the United States shall submit to Congress and the Comptroller General of the United States a written report that contains the following: (1) A business plan that-- (A) includes a proposal by the Bank that recommends the appropriate exposure limit of the Bank for 2012, 2013, 2014, 2015 and beyond; (B) justifies the recommendations of the Bank for the appropriate exposure limit; and (C) details any anticipated growth of the Bank for 2012, 2013, 2014, 2015, and beyond-- (i) by industry sector; (ii) by whether the products involved are short-term loans, medium-term loans, long-term loans, insurance, medium-term guarantees, or long-term guarantees; and (iii) by key market. (2) An analysis of the potential for increased or decreased risk of loss to the Bank as a result of the proposed exposure limit, including an analysis of increased or decreased risks associated with changes in the composition of Bank exposure, by industry sector, by product offered, and by key market. (3) An analysis of the ability of the Bank to meet its small business and sub-Saharan Africa mandates and comply with its carbon policy mandate under the proposed exposure limit, and an analysis of any increased or decreased risk of loss associated with meeting or complying with the mandates under the proposed exposure limit. (4) An analysis of the ability of the Bank to process, approve, and monitor authorizations, including the conducting of required economic impact analysis, under the proposed exposure limit. (b) GAO Review of Report and Business Plan.--Not later than December 31, 2012, the Comptroller General of the United States shall submit to Congress a written analysis of the report and business plan submitted under subsection (a), which shall include such recommendations with respect to the report and business plan as the Comptroller General deems appropriate. ______