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Code · BILL · 113th Congress · S. 329 (Introduced in Senate) — To eliminate certain fuel subsidies and to amend the Internal Revenue Code of 1986 to extend certain energy tax incen... · Sec. 111

Sec. 111. 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 coal, oil, or natural gas

96 words·~1 min read·/bill/113/s/329/is/section-111

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Effective on the date of enactment of this Act, there are rescinded all unobligated balances of the amounts made available to the Overseas Private Investment Corporation or the Export-Import Bank of the United States to carry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 coal, oil, or natural gas 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 coal, oil, or natural gas production.
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