S.Amdt. 1919Senate112th Congress (2011-2013)2nd degree
S.Amdt. 1919
Sponsored by
Sen. Saxby Chambliss (R-GA)
Submitted March 20, 2012
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Senate amendment submitted
March 20, 2012
Text
Submitted
SA 1919. 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. DISCLOSURE REQUIREMENT FOR BOARD MEETINGS. Section 3(c)(9) of the Export-Import Bank Act of 1945 (12 U.S.C. 635a(c)(9)) is amended by adding at the end the following new sentence: ``Not later than 25 days before any meeting of the Board for final consideration of a transaction the value of which exceeds $75,000,000, and concurrent with any statement required to be submitted under section 2(b)(3) with respect to the transaction, the Bank shall post a notice on the website of the Bank that includes a description of the item proposed to be financed, the identities of the obligor, principal supplier, and guarantor, and a description of any item with respect to which Bank financing is being sought, in a manner that does not disclose any information that is confidential or proprietary business information, that would violate the Trade Secrets Act, or that would jeopardize jobs in the United States by supplying information which competitors could use to compete with companies in the United States.''. ______