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
Congressional Research Service
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.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 14, 2025. Consult Congress.gov for the current record.
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