Sec. 3. Increases in limitations on outstanding loans, guarantees, and insurance
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Section 6(a)(2) of the Export-Import Bank Act of 1945 ( 12 U.S.C. 635e(a)(2) ) is amended to read as follows: In this subsection, the term applicable amount means— during fiscal year 2014, $140,000,000,000; during fiscal year 2015, $145,000,000,000; during fiscal year 2016, $150,000,000,000; during fiscal year 2017, $155,000,000,000; during fiscal year 2018, $160,000,000,000; during fiscal year 2019, $165,000,000,000; during fiscal year 2020, $170,000,000,000; and during fiscal year 2021, $175,000,000,000, except that, with respect to each such fiscal year, if the rate calculated under section 8(g)(1) is more than 2 percent for the quarter ending with the beginning of the fiscal year, or for any quarter in the fiscal year, then the dollar amount in effect under this paragraph for the fiscal year shall be the amount so in effect for the then most recent fiscal year in which the rate never exceeded 2 percent. .
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Sec. 3
Increases in limitations on outstanding loans, guarantees, and insurance
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