H.R. 4950House113th Congress (2013-2015)In Committee

Protecting American Jobs and Exports Act

Sponsored by Denny HeckRep. Denny Heck (D-WA)
Introduced June 24, 2014

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Financial Services.

June 24, 2014

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HouseIntro Referral

Introduced in House

June 24, 2014

HouseIntro Referral

Referred to the House Committee on Financial Services.

June 24, 2014

Floor Debate

11 members

What members said about H.R. 4950 on the floor

2 Republicans9 Democrats
Tom Cole
Rep. Tom ColeR-OK-4 · Sep 16, 2014

Mr. Speaker, by direction of the Committee on Rules, I call up House Resolution 722 and ask for its immediate consideration. Mr. Speaker, for the purpose of debate only, I yield the customary 30…

Louise McIntosh Slaughter
Rep. Louise McIntosh SlaughterD-NY-25 · Sep 16, 2014

Mr. Speaker, I thank my good friend, the excellent Representative of Oklahoma (Mr. Cole), for yielding me the customary 30 minutes, and I yield myself such time as I may consume. Mr. Speaker, when…

Maxine Waters
Rep. Maxine WatersD-CA-43 · Jul 30, 2014

Mr. Speaker, today we have Democrats on the Financial Services Committee here where we have gathered on the House floor to talk about the Export-Import Bank, which supports hundreds of thousands of…

Denny Heck
Rep. Denny HeckD-WA-10 · Jul 30, 2014

I thank the ranking member of the committee very much. Mr. Speaker, I am going to offer four elegant, simple, straightforward reasons why it is so critically important that the U.S. Congress…

Al Green
Rep. Al GreenD-TX-9 · Jul 30, 2014

I thank you, Madam Ranking Member of the full committee. I am exceedingly proud to be a part of this effort. And I want to you know that when we succeed, it will be due in no small part to the energy…

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James P. McGovern
Rep. James P. McGovernD-MA-2 · Sep 16, 2014

Mr. Speaker, I rise in opposition to this rule and in opposition to the amendment on Syria that will be offered later today and voted on tomorrow. If it was a bad idea before to get involved in…

Jack Kingston
Rep. Jack KingstonR-GA-1 · Sep 16, 2014

Thank you, Mr. Cole. Mr. Speaker, I want to make three points about the continuing resolution. Number one, as an appropriator, I would be remiss in my duty if I did not say we do not like continuing…

Denny Heck
Rep. Denny HeckD-WA-10 · Sep 16, 2014

I thank the gentlewoman from New York. Mr. Speaker, ladies and gentlemen of the House, I rise to oppose the previous question so that I might, indeed, offer H.R. 4950 to reauthorize the Export-Import…

Lloyd Doggett
Rep. Lloyd DoggettD-TX-35 · Sep 16, 2014

Thank you. Mr. Speaker, the Middle Eastern tragedy in which this resolution will further entangle America is directly related to the wholly unnecessary Bush-Cheney invasion of Iraq. Having learned so…

Peter Welch
Rep. Peter WelchD-VT · Sep 16, 2014

I thank the gentlewoman. I want to thank the Speaker, and I want to thank Leader Pelosi for working together to give us an opportunity to vote on this question of developing a Free Syrian Army. Make…

Joyce Beatty
Rep. Joyce BeattyD-OH-3 · Jul 30, 2014

Mr. Speaker, thank you to Ranking Member Congresswoman Maxine Waters. Mr. Speaker, I rise today in strong support of the Export-Import Bank and current legislation, H.R. 4950, to reauthorize the bank…

Tammy Duckworth
Rep. Tammy DuckworthD-IL-8 · Jun 26, 2014

Madam Speaker, last summer more than 100 businesses attended a forum I held in Schaumburg, Illinois, to learn more about the benefits of the Export-Import Bank of the United States. Since then,…

Bill Text

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Introduced in HouseIssued June 24, 2014

I

113th CONGRESS

2d Session

H. R. 4950

IN THE HOUSE OF REPRESENTATIVES

June 24, 2014

Mr. Heck of Washington (for himself, Mr. Barber, Mr. Barrow of Georgia, Ms. Bass, Mrs. Beatty, Mr. Bera of California, Mr. Bishop of Georgia, Mr. Bishop of New York, Mr. Blumenauer, Ms. Bonamici, Ms. Bordallo, Mr. Brady of Pennsylvania, Mr. Braley of Iowa, Ms. Brown of Florida, Ms. Brownley of California, Mrs. Bustos, Mr. Butterfield, Mrs. Capps, Mr. Capuano, Mr. Cárdenas, Mr. Carney, Mr. Carson of Indiana, Mr. Cartwright, Ms. Castor of Florida, Mr. Castro of Texas, Ms. Chu, Mr. Cicilline, Ms. Clark of Massachusetts, Ms. Clarke of New York, Mr. Clay, Mr. Cleaver, Mr. Clyburn, Mr. Cohen, Mr. Connolly, Mr. Conyers, Mr. Cooper, Mr. Costa, Mr. Courtney, Mr. Crowley, Mr. Cuellar, Mr. Cummings, Mr. Danny K. Davis of Illinois, Mrs. Davis of California, Mr. DeFazio, Ms. DeGette, Mr. Delaney, Ms. DeLauro, Ms. DelBene, Mr. Deutch, Mr. Dingell, Mr. Doyle, Ms. Duckworth, Ms. Edwards, Mr. Ellison, Mr. Engel, Mr. Enyart, Ms. Eshoo, Ms. Esty, Mr. Farr, Mr. Fattah, Mr. Faleomavaega, Mr. Foster, Ms. Frankel of Florida, Ms. Fudge, Ms. Gabbard, Mr. Gallego, Mr. Garamendi, Mr. Garcia, Mr. Al Green of Texas, Mr. Gene Green of Texas, Mr. Grijalva, Mr. Gutiérrez, Ms. Hahn, Ms. Hanabusa, Mr. Hastings of Florida, Mr. Higgins, Mr. Himes, Mr. Hinojosa, Mr. Holt, Mr. Honda, Mr. Horsford, Mr. Hoyer, Mr. Huffman, Mr. Israel, Ms. Jackson Lee, Mr. Jeffries, Ms. Eddie Bernice Johnson of Texas, Mr. Johnson of Georgia, Ms. Kaptur, Mr. Keating, Ms. Kelly of Illinois, Mr. Kennedy, Mr. Kildee, Mr. Kilmer, Mr. Kind, Mrs. Kirkpatrick, Ms. Kuster, Mr. Langevin, Mr. Larsen of Washington, Mr. Larson of Connecticut, Ms. Lee of California, Mr. Levin, Mr. Lewis, Mr. Lipinski, Mr. Loebsack, Ms. Lofgren, Mr. Lowenthal, Mrs. Lowey, Mr. Ben Ray Luján of New Mexico, Ms. Michelle Lujan Grisham of New Mexico, Mr. Lynch, Mr. Maffei, Mrs. Carolyn B. Maloney of New York, Mr. Sean Patrick Maloney of New York, Mr. Matheson, Ms. Matsui, Mrs. McCarthy of New York, Ms. McCollum, Mr. McDermott, Mr. McGovern, Mr. McNerney, Mr. Meeks, Ms. Meng, Mr. Michaud, Mr. George Miller of California, Ms. Moore, Mr. Moran, Mr. Murphy of Florida, Mr. Nadler, Mrs. Napolitano, Mr. Neal, Mrs. Negrete McLeod, Mr. Nolan, Ms. Norton, Mr. O’Rourke, Mr. Owens, Mr. Pallone, Mr. Pascrell, Mr. Pastor of Arizona, Mr. Payne, Ms. Pelosi, Mr. Perlmutter, Mr. Peters of Michigan, Mr. Peters of California, Mr. Peterson, Mr. Pierluisi, Ms. Pingree of Maine, Mr. Pocan, Mr. Polis, Mr. Price of North Carolina, Mr. Quigley, Mr. Rangel, Mr. Richmond, Ms. Roybal-Allard, Mr. Ruiz, Mr. Ruppersberger, Mr. Rush, Mr. Ryan of Ohio, Ms. Linda T. Sánchez of California, Ms. Loretta Sanchez of California, Mr. Sarbanes, Ms. Schakowsky, Mr. Schiff, Mr. Schneider, Mr. Schrader, Ms. Schwartz, Mr. Scott of Virginia, Mr. David Scott of Georgia, Mr. Serrano, Ms. Sewell of Alabama, Ms. Shea-Porter, Mr. Sherman, Ms. Sinema, Mr. Sires, Ms. Slaughter, Mr. Smith of Washington, Ms. Speier, Mr. Swalwell of California, Mr. Takano, Mr. Thompson of Mississippi, Mr. Thompson of California, Mr. Tierney, Ms. Titus, Mr. Tonko, Ms. Tsongas, Mr. Van Hollen, Mr. Vargas, Mr. Veasey, Mr. Vela, Mr. Visclosky, Mr. Walz, Ms. Wasserman Schultz, Ms. Waters, Mr. Waxman, Mr. Welch, Ms. Wilson of Florida, Mr. Yarmuth, Mr. McIntyre, Mr. Sablan, Mrs. Christensen, and Mr. Rahall) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To reauthorize the Export-Import Bank of the United States for 7 years, and for other purposes.

1.

Short title

This Act may be cited as the Protecting American Jobs and Exports Act.

2.

General extension of authority

Section 7 of the Export-Import Bank Act of 1945 (12 U.S.C. 635f) is amended by striking 2014 and inserting 2021.

3.

Increases in limitations on outstanding loans, guarantees, and insurance

Section 6(a)(2) of the Export-Import Bank Act of 1945 (12 U.S.C. 635e(a)(2)) is amended to read as follows:

(2)

Applicable amount

In this subsection, the term applicable amount means—

(A)

during fiscal year 2014, $140,000,000,000;

(B)

during fiscal year 2015, $145,000,000,000;

(C)

during fiscal year 2016, $150,000,000,000;

(D)

during fiscal year 2017, $155,000,000,000;

(E)

during fiscal year 2018, $160,000,000,000;

(F)

during fiscal year 2019, $165,000,000,000;

(G)

during fiscal year 2020, $170,000,000,000; and

(H)

during fiscal year 2021, $175,000,000,000,

except that, with respect to each such fiscal year, if the rate calculated under section 8(g)(1) is more than 2 percent for the quarter ending with the beginning of the fiscal year, or for any quarter in the fiscal year, then the dollar amount in effect under this paragraph for the fiscal year shall be the amount so in effect for the then most recent fiscal year in which the rate never exceeded 2 percent.

.

4.

Dual use exports

Section 1(c) of Public Law 103–428 (12 U.S.C. 635 note) is amended by striking 2014 and inserting 2021.

5.

Effective date

The amendments made by this Act shall take effect on October 1, 2014.