Sec. 51001. Reduction in authorized amount of outstanding loans, guarantees, and insurance
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Section 6(a) of the Export-Import Bank Act of 1945 ( 12 U.S.C. 635e(a) ) is amended— by redesignating paragraph
(3)as paragraph (4); and by striking paragraph
(2)and inserting the following: In this subsection, the term applicable amount , for each of fiscal years 2015 through 2019, means $135,000,000,000. If the rate calculated under section 8(g)(1) is 2 percent or more for a quarter, the Bank may not exceed the amount of loans, guarantees, and insurance outstanding on the last day of that quarter until the rate calculated under section 8(g)(1) is less than 2 percent. .
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Sec. 51001
Reduction in authorized amount of outstanding loans, guarantees, and insurance
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