Sec. 10. Enhancing flexibility to respond to predatory export financing by China

135 words·~1 min read·/bill/116/hr/4863/eh/section-10

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Section 10(b)(5)(B)(i)(III) of the Export-Import Bank Act of 1945 ( 12 U.S.C. 635i–3(b)(5)(B)(i)(III) ) is amended by adding at the end the following new sentence: The requirement that there be credible evidence of a history of a foreign export credit agency making offers not subject to the Arrangement is deemed met in the case of exports likely to be supported by official financing from the People’s Republic of China, unless the Secretary of the Treasury has reported to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate that China is in substantial compliance with the Arrangement. .

Section 13(1)(A) of such Act ( 12 U.S.C. 635i–7(1)(A) ) is amended by inserting , the Department of Agriculture, before and other Federal agencies .

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12 USC 635i–3(b)(5)(B)(i)(III)
12 USC 635i–7(1)(A)

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Sec. 10

Enhancing flexibility to respond to predatory export financing by China

Cite12 USC 635i–3(b)(5)(B)(i)(III)

Cite12 USC 635i–7(1)(A)

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