An amendment to loosen various regulatory restrictions governing bank-affiliated export trading companies. The changes permit revenues from third party and counter-trade to be counted as "export revenues" in order to meet the threshold test for the definition of an export trading company; exempt banks from restrictions on how much reserve capital they could lend to their affiliate export trading companies; and require the Commerce Department to prepare an annual report on the activities of the export trading companies.

openUnited States· United States Congress· EN

Introduced

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Last action

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Status

Amendment Withdrawn in Committee of the Whole.

Records

Official amendment HAMDT 847 (99th) from United States at United States Congress. Status: Amendment Withdrawn in Committee of the Whole..

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