Summary: H.R.5424 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.5424. Bill summaries are authored by CRS.

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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.