PlainBillCongress, translated.Legislation. Context. Public interest.Congressional Research Service
Version 35 · Passed Senate amended · Mar 14, 2002
Export-Import Bank Reauthorization Act of 2001 (sic) - Amends the Export-Import Bank Act of 1945 to extend the authority of the Export-Import Bank of the United States through FY 2006.(Sec. 3) Extends the sub-Saharan Africa advisory committee through September 30, 2006.(Sec. 4) Requires the Bank in a certain report to Congress to survey all other governments and government-related agencies through which foreign exporters compete with U.S. exporters, including through the use of market windows, and indicate in specific terms the ways in which the Bank's rates, terms, and other conditions compare with those offered from such other governments directly or indirectly. Requires the Bank to use all available information gathered from such report to estimate the annual amount of export financing available from other governments and government-related agencies.(Sec. 5) Directs the Bank, in order to encourage the participation of small business in international commerce, to make available not less than 18 percent (currently, ten percent) of its aggregate for loans, guarantees, and insurance to finance exports directly by small business concerns.(Sec. 6) Urges the United States, in order that Bank financing remains competitive, to seek: (1) to enhance transparency over the activities of market windows in the Organization for Economic Cooperation and Development (OECD) Export Credit Arrangement; and (2) negotiations for multilateral disciplines and transparency within the Arrangement if such transparency indicates that market windows are disadvantaging U.S. exporters. Authorizes the Bank to provide financing on terms and conditions inconsistent with those permitted under the Arrangement if certain circumstances exist.(Sec. 7) Amends the Inspector General Act of 1978 to establish the position of Inspector General within the Bank. Prohibits the Inspector General from preventing or prohibiting the Audit Committee of the Board of Directors of the Bank from initiating or completing any audit or investigation or undertaking any other activities in the performance of its duties and responsibilities, including auditing of the financial statements of the Bank, determining when it is appropriate to use independent external auditors, and selecting such auditors. Sets the rate of pay for the Inspector General of the Bank at Level IV of the Executive Schedule.
People & committees
Sen. Sarbanes, Paul S. [D-MD] · D–MD
Legislative record
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Became Public Law No: 107-189.
Became Public Law No: 107-189.
Signed by President.
Signed by President.
Presented to President.
Presented to President.
Message on Senate action sent to the House.
Senate agreed to conference report by Unanimous Consent.
Conference report agreed to in Senate: Senate agreed to conference report by Unanimous Consent.
Conference papers: message on House action held at the desk in Senate.
On agreeing to the conference report Agreed to by the Yeas and Nays: 344 - 78 (Roll no. 210).
House roll call 210 · Individual votesMotions to reconsider laid on the table Agreed to without objection.
Conference report agreed to in House: On agreeing to the conference report Agreed to by the Yeas and Nays: 344 - 78 (Roll no. 210).
House roll call 210 · Individual votesThe previous question was ordered without objection.
DEBATE - The House proceeded with one hour of debate on the conference report on S. 1372.
Mr. Oxley brought up conference report H. Rept. 107-487 for consideration under the provisions of H. Res. 433. (consideration: CR H3171-3182)
Rule H. Res. 433 passed House.
Rules Committee Resolution H. Res. 433 Reported to House. Rule provides for consideration of the conference report to S. 1372. The resolution waives all points of order against the conference report.
Conference papers: Senate report and manager's statement held at the desk in Senate.
Conference report H. Rept. 107-487 filed. (text of conference report: CR H3064-3069)
Conference report filed: Conference report H. Rept. 107-487 filed.(text of conference report: CR H3064-3069)
Conferees agreed to file conference report.
Conference committee actions: Conferees agreed to file conference report.
Senate disagreed to House amendment, agreed to request for conference, and appointed conferees. Sarbanes; Dodd; Johnson; Bayh; Gramm; Shelby; Hagel. by Unanimous Consent. (consideration: CR S4181-4184)
Message on House action received in Senate and at desk: House amendment to Senate bill and House requests a conference.
Motion to reconsider laid on the table Agreed to without objection.
The Speaker appointed conferees - from the Committee on Government Reform for consideration of sec.7 of the Senate bill, and modifications committed to conference: Burton, Horn, and Waxman.
The Speaker appointed conferees - from the Committee on Financial Services for consideration of the Senate bill and the House amendment, and modifications committed to conference: Oxley, Bereuter, Toomey, Miller, Gary, LaFalce, and Sanders.
On motion that the House insist upon its amendment, and request a conference Agreed to without objection. (consideration: CR H1985)
Mr. Oxley moved that the House insist upon its amendment, and request a conference.
A similar measure H.R. 2871 was laid on the table without objection.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed without objection.
Passed/agreed to in House: On passage Passed without objection.
The House struck all after the enacting clause and inserted in lieu thereof the provisions of a similar measure H.R. 2871. Agreed to without objection.
Mr. Oxley asked unanimous consent to take from the Speaker's table and consider.
Considered by unanimous consent. (consideration: CR H1984-1985)
Held at the desk.
Received in the House.
Message on Senate action sent to the House.
Passed Senate with an amendment by Unanimous Consent. (text: CR S1956-1957)
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(text: CR S1956-1957)
Measure laid before Senate by unanimous consent. (consideration: CR S1954-1957)
Placed on Senate Legislative Calendar under General Orders. Calendar No. 141.
Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Sarbanes. With written report No. 107-52.
Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Sarbanes. With written report No. 107-52.
Introduced in Senate
Committee on Banking, Housing, and Urban Affairs ordered to be reported an original measure.
Primary sources
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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