H.R. 597: Export-Import Bank Reform and Reauthorization Act of 2015

The federal budget process occurs in two stages: appropriations, which set overall spending limits by agency or program, and authorizations, which direct how federal funds should (or should not) be used. Appropriation and authorization provisions are typically made for single fiscal years. A reauthorization bill like this one renews the authorizations of an expiring law.
Introduced:

Jan 28, 2015

Status:

Passed House on Oct 27, 2015

This bill passed in the House on October 27, 2015 and goes to the Senate next for consideration.

Sponsor:

Stephen Fincher

Representative for Tennessee's 8th congressional district

Republican

Text:

Read Text »
Last Updated: Oct 29, 2015
Length: 24 pages

Prognosis:

15% chance of being enacted (details)

About the bill

Full Title

To reauthorize the Export-Import Bank of the United States, and for other purposes.

The bill’s titles are written by its sponsor.

Summary

House Democrats and a portion of the Republican House majority teamed up last week to win an important battle in the fight to bring back the Export-Import bank, a quasi-governmental agency that provides subsidies to foreign companies buying American goods.

On Monday, October, 26, 2015, the bipartisan coalition successfully used a rare procedural maneuver to call up legislation reauthorizing the ...

Read more >

History

Jan 28, 2015
 
Introduced

This is the first step in the legislative process.

Oct 27, 2015
 
Passed House

The bill was passed in a vote in the House. It goes to the Senate next.

 
Passed Senate

 
Signed by the President

This page is about a bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Links & tools

Primary Source

Congress.gov

Congress.gov is updated generally one day after events occur. Legislative activity since the last update may not be reflected on GovTrack. Data via congress project.

Citation

Click a format for a citation suggestion: