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A bill to amend the Export-Import Bank Act of 1945 to assure that the United States is consistent with other G-7 countries in evaluating environmental concerns relating to projects to be financed, and for other purposes.

Sponsor introductory remarks on measure. (CR S12639

Official summary

Version 00 · Introduced in Senate · Oct 1, 1998

Expresses the sense of the Congress that the Board of Directors of the Export-Import Bank shall seek to reach an international agreement with the export financing agencies of all the G-7 countries (France, Germany, Japan, the United Kingdom, the United States, Canada, and Italy) regarding the environmental policies and procedures to be used in financing export promotion projects. Requires the Board to report annually to the appropriate congressional committees on its actions in obtaining such agreement, including a summary of projects financed by other G-7 projects that do not meet the Bank's environmental policies and procedures. Amends the Export-Import Bank Act of 1945 to prohibit the Board from withholding financing from a project if the government of any G-7 country is providing (or has indicated approval to provide) financing of the project and such financing is not conditioned on meeting the environmental policies and procedures of the Bank.

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Who introduced it

Sen. Murkowski, Frank H. [R-AK] · R–AK

Committees

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

    Actions

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    1. Sponsor introductory remarks on measure. (CR S12639

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

    3. Sponsor introductory remarks on measure. (CR S11282-11283)

    4. Introduced in Senate

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