Summary: S.1546 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for S.1546. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (06/10/2015)

Ensuring Small Businesses Can Export Act of 2015

This bill declares that it is the policy of this Act:

  • that, should the statutory authority for the export loan programs administered by the Export-Import Bank of the United States lapse, the Small Business Administration (SBA) shall serve the Bank's small business clients under existing statutory authority of the Small Business Act;
  • to create an SBA Export Credit Insurance Program similar to the Bank's; and
  • to ensure that small business exporters are served by SBA programs.

The bill also amends the Small Business Act to require the SBA to establish a program to provide insurance for the exports of small businesses, including insurance against nonpayment by international buyers.