A bill to amend the Export-Import Bank Act to preclude discrimination by the Bank against the financing of agricultural exports.

Summary

Amends the Export-Import Bank Act of 1945 to stipulate that the ratio of credit and financing extended by the Bank for agricultural exports to the total credit and financing by the Bank shall at least equal the ratio of the dollar value of agricultural exports to the dollar value of all exports in the preceding fiscal year. Makes this limitation inapplicable in any fiscal year in which (1) the Bank determines that the demand for agricultural export credit is insufficient to equal the ratio required, or (2) the Secretary of Agriculture determines the level of agricultural commodities to be adequate without Bank financing.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 March 1978

   Introduced

   Referred to Senate Committee on Banking, Housing and Urban Affairs.

   Source: IntroReferral

2. 20 March 1978

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 20 March 1978

  Open at official source

Sponsors

• Sen. Tower, John G. [R-TX] · R · Sponsor
• Sen. Dole, Robert J. [R-KS] · R · Cosponsor
• Sen. Danforth, John C. [R-MO] · R · Cosponsor
• · ssbk00 · Standing

Related records

No cross-record relationships stored yet.