Increasing American Jobs and Exports Act This bill amends the Export-Import Bank Act of 1945 to authorize the Export-Import Bank of the United States, subject to appropriations, to use up to 3% of the bank's surplus, for each of the five fiscal years following enactment of this Act, to cover its administrative expenses. The bank shall use at least one-third of that 3% of surplus to expand or establish bank regional offices.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Foreign Trade and International Finance
Competitiveness, trade promotion, trade deficitsExecutive agency funding and structureExport-Import Bank of the United StatesGovernment corporations and government-sponsored enterprises
To authorize the Export-Import Bank of the United States to use 3 percent of its profits for administrative expenses.
USA115th CongressHR-3619| House
| Updated: 7/28/2017
Increasing American Jobs and Exports Act This bill amends the Export-Import Bank Act of 1945 to authorize the Export-Import Bank of the United States, subject to appropriations, to use up to 3% of the bank's surplus, for each of the five fiscal years following enactment of this Act, to cover its administrative expenses. The bank shall use at least one-third of that 3% of surplus to expand or establish bank regional offices.
Competitiveness, trade promotion, trade deficitsExecutive agency funding and structureExport-Import Bank of the United StatesGovernment corporations and government-sponsored enterprises