H.R.4271 - Increasing American Jobs Through More Exports Act113th Congress (2013-2014)
|Sponsor:||Rep. Ruiz, Raul [D-CA-36] (Introduced 03/14/2014)|
|Committees:||House - Financial Services|
|Latest Action:||03/14/2014 Referred to the House Committee on Financial Services.|
This bill has the status Introduced
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Summary: H.R.4271 — 113th Congress (2013-2014)All Bill Information (Except Text)
Introduced in House (03/14/2014)
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.