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Export-Import Bank Reauthorization Act of 1997

Became Public Law No: 105-121.

Official summary

Version 48 · Conference report filed in House · Nov 7, 1997

Export-Import Bank Reauthorization Act of 1997 - Amends the Export-Import Bank Act of 1945 to extend the authority of the Export-Import Bank of the United States through FY 2001. Reauthorizes the Bank's tied aid credit program. (Sec. 4) Extends from FY 1997 through 2001 Bank authority to provide financing for the export of nonlethal defense articles or services whose primary end use will be for civilian purposes. (Sec. 5) Revises Bank procedures governing the denial of the extension of credit to foreign countries based on the national interest to: (1) require the President to consult with specified congressional committees before determining that such a denial is in the U.S. national interest; and (2) require written notification to the President of the Bank of such determination, including the applications or categories of applications for credit which should be denied. (Sec. 6) Directs the General Counsel of the Bank to designate an attorney to serve as Assistant General Counsel for Administration, whose duties shall include oversight of and advice to Bank directors, officers, and employees on personnel and other administrative law matters. (Sec. 7) Requires the Board of Directors of the Bank to: (1) take prompt measures to promote the expansion of its loan, guarantee, and insurance programs in sub-Saharan Africa; (2) establish an advisory committee to advise it on the implementation of policies and programs to support such expansion; and (3) report annually to the Congress on steps it has taken to implement such policies and programs and any advisory committee recommendations. (Sec. 8) Revises the composition of the Advisory Committee of the Bank to include the appointment of not fewer than two members from the labor community. (Sec. 9) Directs the President of the Bank to: (1) enhance the Bank's capacity to provide information about its programs to small and rural companies which have not previously participated in them; and (2) report to the Congress on such activities within one year of enactment of this Act. (Sec. 11) Includes child labor as a human rights criterion that could serve as the basis for a presidential determination that an application for Bank credit should be denied for nonfinancial or noncommercial considerations. (Sec. 12) Requires the President, if the Russian military or Government has transferred an SS-N-22 missile system to China and such transfer represents a threat to U.S. security, to notify the Bank as soon as practicable. Directs the Bank Board of Directors to deny any guarantee, insurance, or extension of credit in connection with purchases of Russian goods or services if so directed by the President.

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Who introduced it

Sen. Grams, Rod [R-MN] · R–MN

Committees

  • Banking, Housing, and Urban Affairs Committee
5 cosponsorship records, including any withdrawals

Actions

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  1. Became Public Law No: 105-121.

  2. Became Public Law No: 105-121.

  3. Signed by President.

  4. Signed by President.

  5. Presented to President.

  6. Presented to President.

  7. On motion to suspend the rules and agree to the conference report Agreed to by voice vote. (consideration: CR H10567)

  8. Motion to reconsider laid on the table Agreed to without objection.

  9. Conference report agreed to in House: On motion to suspend the rules and agree to the conference report Agreed to by voice vote.(consideration: CR H10567)

  10. DEBATE - The House proceeded with forty minutes of debate.

  11. Mr. Castle moved to suspend the rules and agree to the conference report, H. Rept. 105-392.

  12. Message on Senate action sent to the House.

  13. Senate agreed to conference report by Unanimous Consent. (consideration: CR S12206)

  14. Conference report agreed to in Senate: Senate agreed to conference report by Unanimous Consent.(consideration: CR S12206)

  15. Conference report H. Rept. 105-392 filed. (text of conference report: CR H10314-10316)

  16. Conference report filed: Conference report H. Rept. 105-392 filed.(text of conference report: CR H10314-10316)

  17. Conferees agreed to file conference report.

  18. Conference committee actions: Conferees agreed to file conference report.

  19. Conference papers: Senate report and managers' statement and official papers held at the desk in Senate.

  20. Message on Senate action sent to the House.

  21. Senate agreed to request for conference. Appointed conferees. D'Amato; Grams; Hagel; Sarbanes; Moseley-Braun. (consideration: CR S11573-11574)

  22. Senate disagreed to the House amendment to the Senate bill by Unanimous Consent.

  23. Resolving differences -- Senate actions: Senate disagreed to the House amendment to the Senate bill by Unanimous Consent.

  24. Message on House action received in Senate and at desk: House amendment to Senate bill and House requests a conference.

  25. Motion to reconsider laid on the table Agreed to without objection.

  26. The Speaker appointed conferees: Leach, Castle, Bereuter, LaFalce, and Flake.

  27. On motion that the House insist upon its amendment, and request a conference Agreed to without objection. (consideration: CR H8397)

  28. Mr. Castle asked unanimous consent that the House insist upon its amendment, and request a conference.

  29. Motion to reconsider laid on the table Agreed to without objection.

  30. A similar measure H.R. 1370 was laid on the table without objection.

  31. On passage Passed without objection.

  32. Passed/agreed to in House: On passage Passed without objection.

  33. The House struck all after the enacting clause and inserted in lieu thereof the provisions of a similar measure H.R. 1370. Agreed to without objection.

  34. Mr. Castle asked unanimous consent to take from the Speaker's table and consider.

  35. Considered by unanimous consent. (consideration: CR H8397)

  36. Held at the desk.

  37. Message on Senate action sent to the House.

  38. Received in the House.

  39. Passed Senate with an amendment by Unanimous Consent. (consideration: CR S9435)

  40. Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(consideration: CR S9435)

  41. Placed on Senate Legislative Calendar under General Orders. Calendar No. 156.

  42. Committee on Banking. Reported to Senate by Senator D'Amato with an amendment in the nature of a substitute. With written report No. 105-76.

  43. Committee on Banking. Reported to Senate by Senator D'Amato with an amendment in the nature of a substitute. With written report No. 105-76.

  44. Committee on Banking. Ordered to be reported with an amendment in the nature of a substitute favorably.

  45. Subcommittee on International Finance (Banking). Hearings held.

  46. Read twice and referred to the Committee on Banking.

  47. Introduced in Senate

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