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United States · Bill · HR

H.R. 5068 (109th)

Export-Import Bank Reauthorization Act of 2006

referredUnited States· United States Congress· EN

Introduced

30 March 2006

Last action

Status

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Export-Import Bank Reauthorization Act of 2006 - Amends the Export-Import Bank Act of 1945 to reauthorize the Export-Import Bank of the United States through FY2011. Requires the President of the Bank to establish and maintain a Small Business Division and a Small Business Committee. Establishes within the Division an office for financing of exports by socially and economically disadvantaged small business concerns and small business concerns owned by women. Extends through FY2011 the Advisory Committee established to assist in the development and implementation of policies and programs designed to support the expansion of the Bank's financial commitments in sub-Saharan Africa under its loan, guarantee, and insurance programs. Specifies requirements for the Bank's: (1) improved liaison with African regional financial institutions; (2) closer cooperation with other U.S. agencies working in Africa; (3) adjustments in procedures to promote qualification of African entities for participation in Bank programs; and (4) development of procedures allowing it to finance certain African programs in local currencies. Extends through FY2011 Bank authority to provide financing for the export of nonlethal defense articles or services whose primary end use will be for civilian purposes. Prescribes requirements for Bank transparency initiatives and revises specified reporting requirements, especially for the annual competitiveness report. Requires at least two members of the Advisory Committee to represent the environmental nongovernmental organization (NGO) community (although no two from the same organization). Requires the environmental organizations represented to have demonstrated experience with environmental issues associated with the Bank, the Export Credit Group of the Organization for Economic Cooperation and Development, or both.

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11 official files

Referred in Senate (text)

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