H.Amdt.704 to H.R.4818108th Congress (2003-2004)
Description: H.Amdt. 704 — 108th Congress (2003-2004)
At the end of the bill (before the short title), insert the following: \ LIMITATION ON PROVISION BY EXPORT-IMPORT BANK OF CREDIT TO ENTITIES REINCORPORATING OVERSEAS \ SEC.__. None of the funds made available in this Act may be used by the Export-Import Bank of the United States to approve an application for a master guarantee and political risk supplement where the applicant's charter or articles of incorporation show that the entity is incorporated or chartered in Bermuda, Barbados, the Cayman Islands, Antigua, or Panama.
An amendment to prohibit the Export-Import Bank from approving direct loans or loan guarantees to corporate entities incorporated or chartered in Bermuda, Barbados, the Cayman Islands, Antigua, or Panama.
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