Sec. 54002. CERTAIN UPDATED LOAN TERMS AND AMOUNTS
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## SEC. 54002 CERTAIN UPDATED LOAN TERMS AND AMOUNTS ###
(a)Loan Terms for Medium-Term Financing Section 2(a)(2)(A) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(a)(2)(A)) is amended— ####
(1)in clause (i), by striking “; and” and inserting a semicolon; and ####
(2)by adding at the end the following: > > ###### “(iii) > > with principal amounts of not more than $25,000,000; and” > . ###
(b)Competitive Opportunities Relating to Insurance Section 2(d)(2) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(d)(2)) is amended by striking “$10,000,000” and inserting “$25,000,000”. ###
(c)Export Amounts for Small Business Loans Section 3(g)(3) of the Export-Import Bank Act of 1945 (12 U.S.C. 635a(g)(3)) is amended by striking “$10,000,000” and inserting “$25,000,000”. ###
(d)Consideration of Environmental Effects Section 11(a)(1)(A) of the Export-Import Bank Act of 1945 (12 U.S.C. 635i-5(a)(1)(A)) is amended by striking “$10,000,000 or more” and inserting the following: “$25,000,000 (or, if less than $25,000,000, the threshold established pursuant to international agreements, including the Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence, as adopted by the Organisation for Economic Co-operation and Development Council on June 28, 2012, and the risk-management framework adopted by financial institutions for determining, assessing, and managing environmental and social risk in projects (commonly referred to as the ‘Equator Principles’)) or more”. ###
(e)Effective Date **[**[12 U.S.C. 635 note](/us/usc/t12/s635)**]** The amendments made by this section shall apply with respect to fiscal year 2016 and each fiscal year thereafter. # TITLE LV OTHER MATTERS
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