S. 2340 (96th): Export Expansion Facility Amendments of 1980

Feb 26, 1980 (96th Congress, 1979–1980)
Died (Referred to Committee)
Adlai Stevenson III
Senator from Illinois
Related Bills
H.R. 6595 (identical)

Referred to Committee
Last Action: Feb 25, 1980


This bill was introduced on February 26, 1980, in a previous session of Congress, but was not enacted.

Introduced Feb 26, 1980
Referred to Committee Feb 26, 1980
Full Title

A bill to amend the Act of July 1, 1968, with respect to export financing.


No summaries available.

7 cosponsors (4D, 3R) (show)

Senate Banking, Housing, and Urban Affairs

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Primary Source

THOMAS.gov (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

Export Expansion Facility Amendments of 1980 - Declares it to be the policy of the Congress that the Export-Import Bank of the United States should facilitate, particularly in the presence of foreign officially-supported export credit competition, exports to countries:
(1) having insufficient access to international credit facilities;
(2) demonstrating reasonable economic progress; and
(3) offering adequate formal assurances (currently, must offer only sufficient likelihood) of repayment.
Increases the aggregate amount of loans and contractual liability of guarantees and insurance which may be outstanding at any one time.
Requires such activities to be carried out through the Export Expansion Facility. Provides for the capitalization of such Facility.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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