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Code · BILL · 113th Congress · H.R. 3574 (Introduced in House) — To eliminate certain subsidies for fossil-fuel production. · Sec. 13

Sec. 13. Funds to the Overseas Private Investment Corporation or the Export-Import Bank of the United States for financing projects, transactions, or other activities that support fossil fuel

88 words·~1 min read·/bill/113/hr/3574/ih/section-13

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Effective on the date of enactment of this Act, there are rescinded all unobligated balances of the amounts made available to the Overseas Private Investment Corporation or the Export-Import Bank of the United States to carry out any project, transaction, or other activity that supports fossil-fuel production. Notwithstanding any other provision of law, any amounts made available to the Overseas Private Investment Corporation or the Export-Import Bank of the United States shall not be used to carry out any project, transaction, or other activity that supports fossil-fuel production.
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