119th Congress Foreign Trade and International Finance
S. 4308: To prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt
A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt.
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill prohibits the Export-Import Bank of the United States from providing financing to a person with seriously delinquent tax debt or for a project in which any participant has seriously delinquent tax debt.
The bill allows the President to waive this prohibition if the President (1) determines that there are urgent and compelling circumstances significantly affecting U.S. interests that require the financing to be provided; and (2) submits to Congress, within 30 days after making the determination, a report that includes the rationale for the determination and relevant supporting information.
Written by the Congressional Research Service, Library of Congress.
Roll calls
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Amendments
No amendments were offered to this bill.
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History
- Introduced in the Senate by John Kennedy.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.