H.R.5424 - Made-in-America Bank Act113th Congress (2013-2014)
|Sponsor:||Rep. Grayson, Alan [D-FL-9] (Introduced 09/09/2014)|
|Committees:||House - Financial Services|
|Latest Action:||House - 09/09/2014 Referred to the House Committee on Financial Services. (All Actions)|
This bill has the status Introduced
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Summary: H.R.5424 — 113th Congress (2013-2014)All Information (Except Text)
Introduced in House (09/09/2014)
Made-in-America Bank Act - Amends the Export-Import Bank Act of 1945 to redesignate the Export-Import Bank as the Made-in-America Bank.
Declares that all guarantees, loans, insurance, and any other benefits historically provided by the Export-Import Bank may only be made to a domestic entity that is not majority-owned by any foreign person or entity, and only for the purpose of acquiring goods or services made in America.
Extends the termination date of the Export-Import Bank from 2014 to 2016.