Sec. 3. Export credit insurance program
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Section 22 of the Small Business Act ( 15 U.S.C. 649 ) is amended— by redesignating subsection
(l)as subsection (m); and by inserting after subsection
(k)the following: The Administrator shall establish a program under which the Administration shall provide insurance for the exports of small business concerns, including insurance against nonpayment by international buyers. Not later than 90 days after the date of enactment of this subsection, the Administrator shall promulgate regulations to carry out the program established under paragraph (1), which shall be, to the maximum extent practicable, substantially similar to the Export Credit Insurance Program of the Export-Import Bank of the United States, as in effect on the day before the date of enactment of this subsection. .
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Sec. 3
Export credit insurance program
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