S.Amdt. 3167

SA 3167. Ms. CORTEZ MASTO (for herself and Mr. Rounds) submitted an
amendment intended to be proposed by her to the bill S. 2296, to
authorize appropriations for fiscal year 2026 for military activities
of the Department of Defense, for military construction, and for
defense activities of the Department of Energy, to prescribe military
personnel strengths for such fiscal year, and for other purposes; which
was ordered to lie on the table; as follows:

At the end of subtitle D of title XII, add the following:

SEC. 1248. EXCLUSION OF CERTAIN FINANCING FROM CALCULATION OF
DEFAULT RATE OF EXPORT-IMPORT BANK OF THE
UNITED STATES.

Section 6(a)(3) of the Export-Import Bank Act of 1945 (12
U.S.C. 635e(a)(3)) is amended--
(1) by striking ``If'' and inserting the following:
``(A) In general.--If''; and
(2) by adding at the end the following:
``(B) Exclusion of certain financing.--For purposes of this
paragraph, the rate calculated under section 8(g)(1) shall
not include an entity in default if the Bank determines that
the financing provided to the entity was provided pursuant to
the Program on China and Transformational Exports established
under section 2(l).''.
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