To amend the Export-Import Bank Act of 1945 to promote the export of goods and services that benefit the environment.

Amends the Export-Import Bank Act of 1945 to require the Export-Import Bank of the United States to take into account the potential beneficial and adverse environmental effects of projects for the export of goods and services in cases where medium- or long-term support of $7 million (currently, $10 million for long-term) or more is requested from the Bank for such projects. Directs the Bank to encourage the use of its programs to support the export of goods and services that have beneficial effects environmentally such as by encouraging environmentally sustainable development, promoting efficient use of resources, and promoting energy efficiency. Authorizes appropriations.

[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2096 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 2096

 To amend the Export-Import Bank Act of 1945 to promote the export of 
            goods and services that benefit the environment.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 12, 1993

Mr. Kennedy (for himself and Mr. Studds) introduced the following bill; 
   which was referred to the Committee on Banking, Finance and Urban 
                                Affairs

_______________________________________________________________________

                                 A BILL


 
 To amend the Export-Import Bank Act of 1945 to promote the export of 
            goods and services that benefit the environment.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PROMOTION OF EXPORTS OF ENVIRONMENTALLY BENEFICIAL GOODS AND 
              SERVICES.

    Section 11 of the Export-Import Bank Act of 1945 (12 U.S.C. 635i-5) 
is amended--
            (1) in subsection (a)(1)(A), by striking ``long-term 
        support of $10,000,000'' and inserting ``medium- or long-term 
        support of $7,000,000''; and
            (2) in subsection (b)--
                    (A) by inserting ``(1)'' after ``(b)'';
                    (B) by inserting ``(such as by encouraging 
                environmentally sustainable development, promoting 
                efficient use of resources, and promoting energy 
                efficiency)'' before the period at the end of the 1st 
                sentence; and
                    (C) by adding after and below the end the 
                following:
    ``(2) In addition to other funds available to support the export of 
goods and services described in paragraph (1), there are authorized to 
be appropriated to the Bank not exceeding $500,000,000 to support such 
exports.''.

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