Sec. 3. LIMITATIONS ON OUTSTANDING LOANS, GUARANTEES, AND INSURANCE
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## SEC. 3 LIMITATIONS ON OUTSTANDING LOANS, GUARANTEES, AND INSURANCE Section 6(a)(2) of the Export-Import Bank Act of 1945 (12 U.S.C. 635e(a)(2)) is amended— ####
(1)in subparagraph (D), by striking “and”; ####
(2)in subparagraph (E), by striking the comma at the end and inserting “; and”; and ####
(3)by adding at the end the following: > > ##### “(F) > > during fiscal year 2012 and each succeeding fiscal year, $120,000,000,000, except that— > > > ###### “(i) > > the applicable amount for each of fiscal years 2013 and 2014 shall be $130,000,000,000 if— > > > ###### “(I) > > the Bank has submitted a report as required by section 4(a) of the Export-Import Bank Reauthorization Act of 2012; and > > > ###### “(II) > > the rate calculated under section 8(g)(1) of this Act is less than 2 percent for the quarter ending with the beginning of the fiscal year, or for any quarter in the fiscal year; and > > > ###### “(ii) > > notwithstanding clause (i), the applicable amount for fiscal year 2014 shall be $140,000,000,000 if— > > > ###### “(I) > > the rate calculated under section 8(g)(1) of this Act is less than 2 percent for the quarter ending with the beginning of the fiscal year, or for any quarter in the fiscal year; > > > ###### “(II) > > the Bank has submitted a report as required by subsection
(b)of section 5 of the Export-Import Bank Reauthorization Act of 2012, except that the preceding provisions of this subclause shall not apply if the Comptroller General has not submitted the report required by subsection
(a)of such section 5 on or before July 1, 2013; and > > > ###### “(III) > > the Secretary of the Treasury has submitted the reports required by section 11(b) of the Export-Import Bank Reauthorization Act of 2012.” > .
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Sec. 3
LIMITATIONS ON OUTSTANDING LOANS, GUARANTEES, AND INSURANCE
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