Road to The Floor
How it worksIntroduced
In Committee
On The Floor
Passed a Chamber
Passed Congress
To President
Became Law
What this bill does
AI plain-language summaryThis bill changes the rules for the Export-Import Bank, which is a government agency that helps finance the sale of American goods and services to foreign buyers. Right now, if too many of the bank's loans go unpaid and its failure rate hits 2%, the bank has to stop making new loans. This bill says certain loans don't have to count toward that 2% limit — specifically, loans made through a program designed to help U.S. companies compete with China in areas like artificial intelligence and biotechnology, as well as loans to U.S. companies competing against foreign businesses that are on government watchlists for national security or foreign policy concerns. By not counting these loans toward the limit, the bank can keep supporting these U.S. exporters without the risk of being forced to freeze its lending.
Introduced
February 26, 2025
Policy Area
Foreign Trade and International Finance
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