S.Amdt. 1921Senate112th Congress (2011-2013)2nd degree

S.Amdt. 1921

Submitted March 20, 2012

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Senate amendment submitted

March 20, 2012

Text

Submitted

SA 1921. 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. CATEGORIZATION OF PURPOSE OF LOANS AND LONG-TERM
GUARANTEES IN ANNUAL REPORT.

Section 8 of the Export-Import Bank Act of 1945 (12 U.S.C.
635g), as amended by sections 808 and 810, is amended by
adding at the end the following:
``(i) Categorization of Purpose of Loans and Long-term
Guarantees.--In the annual report of the Bank under
subsection (a), the Bank shall categorize each loan and long-
term guarantee made by the Bank in the fiscal year covered by
the report, and according to the following purposes:
``(1) `To assume commercial or political risk that exporter
or private financial institutions are unwilling or unable to
undertake'.
``(2) `To overcome maturity or other limitations in private
sector export financing'.
``(3) `To meet competition from a foreign, officially
sponsored, export credit competition'.
``(4) `Not identified', and the reason why the purpose is
not identified.''.
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