Sec. 3101. EXPORT CREDIT GUARANTEE PROGRAM
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## SEC. 3101 EXPORT CREDIT GUARANTEE PROGRAM ###
(a)Short-Term Credit Guarantees Section 202 of the Agricultural Trade Act of 1978 (7 U.S.C. 5622) is amended— ####
(1)in subsection (a), by striking “3-year” and inserting “24-month”; ####
(2)in subsection (d), by striking “country” and inserting “obligor”; ####
(3)by striking subsection (i); ####
(4)by redesignating subsections
(j)and
(k)as subsections
(i)and (j), respectfully; and ####
(5)in subsection (j)(2) (as so redesignated)— #####
(A)by striking subparagraphs
(A)and (B); #####
(B)by redesignating subparagraphs
(C)through
(E)as subparagraphs
(A)through (C), respectfully; #####
(C)in subparagraph
(B)(as so redesignated), by striking “and” at the end; #####
(D)in subparagraph
(C)(as so redesignated)— ######
(i)by striking “, but do not exceed,”; and ######
(ii)by striking the period at the end and inserting “; and”; and #####
(E)by adding at the end the following new subparagraph: > > ##### “(D) > > notwithstanding any other provision of this section, administer and carry out (only after consulting with the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition and Forestry of the Senate) the program pursuant to such terms as may be agreed between the parties to address the World Trade Organization dispute WTO/DS267 to the extent not superseded by any applicable international undertakings on officially supported export credits to which the United States is a party.” > . ###
(b)Funding Subsection
(b)of section 211 of the Agricultural Trade Act of 1978 (7 U.S.C. 5641) is amended to read as follows: > > ### “(b) Export Credit Guarantee Program > > The Commodity Credit Corporation shall make available for each fiscal year $5,500,000,000 of credit guarantees under section 202(a).” > .
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