S. 852 — A bill to prohibit the Export-Import Bank of the United States from financing the establishment or enhancement of the capacity of a foreign country to produce certain commodities in competition with, or similar to United States-produced commodities.

Summary

Amends the Export-Import Bank Act of 1945 to prohibit the Bank from extending credit to establish or enhance the capacity of any country other than the United States to produce a commodity for export if: (1) such commodity is or is likely to be surplus on the world market; and (2) the resulting productive capacity will substantially injure U.S. producers of the same, similar, or competing commodity.

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Related Legislation

H.R. 2945A bill to prohibit the Export-Import Bank of the United States from financing the establishment or enhancement of the capacity of a foreign country to produce certain commodities in competition with, or similar to, United States-produced commodities.
1983-05-16Referred to Subcommittee on International Trade, Investment and Monetary Policy.
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Legislative Actions

1983-03-18
Introduced in Senate
1983-03-18
Read twice and referred to the Committee on Banking.
1983-03-23
Committee on Banking requested executive comment from Export-Import Bank of the United States.
1983-04-07
Committee on Banking received executive comment from Export-Import Bank of the United States.
1983-04-12
Committee on Banking requested executive comment from Export-Import Bank of the United States.

A bill to prohibit the Export-Import Bank of the United States from financing the establishment or enhancement of the capacity of a foreign country to produce certain commodities in competition with, or similar to United States-produced commodities.

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