To authorize the Export-Import Bank of the United States to use 3 percent of its profits for administrative expenses.
Increasing American Jobs Through More Exports Act - Amends the Export-Import Bank Act of 1945 to authorize the Export-Import Bank of the United States, subject to appropriations, to use up to 3% of the Bank's surplus, for each of the 5 fiscal years following enactment of this Act, to cover its administrative expenses.
Requires the Bank to use at least one-third of that 3% of surplus to expand or establish Bank regional offices.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line