Sec. 51008. PILOT PROGRAM FOR REINSURANCE
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## SEC. 51008 PILOT PROGRAM FOR REINSURANCE **[**[12 U.S.C. 635 note](/us/usc/t12/s635)**]** ###
(a)In general Notwithstanding any provision of the Export-Import Bank Act of 1945 (12 U.S.C. 635 et seq.), the Export-Import Bank of the United States (in this section referred to as the “Bank”) may establish a pilot program under which the Bank may enter into contracts and other arrangements to share risks associated with the provision of guarantees, insurance, or credit, or the participation in the extension of credit, by the Bank under that Act. ###
(b)Limitations on Amount of Risk-Sharing ####
(1)Per contract or other arrangement The aggregate amount of liability the Bank may transfer through risk-sharing pursuant to a contract or other arrangement entered into under subsection
(a)may not exceed $1,000,000,000. ####
(2)Per year The aggregate amount of liability the Bank may transfer through risk-sharing during a fiscal year pursuant to contracts or other arrangements entered into under subsection
(a)during that fiscal year may not exceed $10,000,000,000. ###
(c)Annual reports Not later than 1 year after the date of the enactment of this Act, and annually thereafter through 2019, the Bank shall submit to Congress a written report that contains a detailed analysis of the use of the pilot program carried out under subsection
(a)during the year preceding the submission of the report. ###
(d)Rule of Construction Nothing in this section shall be construed to affect, impede, or revoke any authority of the Bank. ###
(e)Termination The pilot program carried out under subsection
(a)shall terminate on September 30, 2019. # TITLE LII PROMOTION OF SMALL BUSINESS EXPORTS
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Sec. 51008
PILOT PROGRAM FOR REINSURANCE
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