H R 2072 in Congressional Session 112

Official Summary

 

Bill Number : H R 2072

 

Title : Securing American Jobs Through Exports Act of 2011

 

SUMMARY AS OF:
6/1/2011--Introduced. Securing American Jobs Through Exports Act of 2011 - Amends the Export-Import Bank Act of 1945 to extend the termination of functions date for the Export-Import Bank of the United States to September 30, 2015. Sets forth FY2012-FY2014 limitations on outstanding loans, guarantees, and insurance. Requires: (1) the Bank to establish financing guideleines, (2) the Comptroller General to perform biennial audits of bank transactions, and (3) the Bank to monitor default rates at least quarterly. Authorizes the Bank to use a specifed amount of its surplus each fiscal year for information technology system updates. Expresses the sense of Congress that the Bank should establish an independent mechanism to investigate and report on allegations by affected parties of the Bank's failure to follow its own policies and procedures. Extends through September 30, 2015: (1) the termination date of the Sub-Saharan Africa advisory committee, and (2) Bank authority to provide financing for the export of nonlethal defense articles and defense services whose primary end use is for civilian purposes.

Votes

Title : Securing American Jobs Through Exports Act of 2011
Votes in the US Senate
Roll NumberVote DateQuestionDescriptionVote Result
962012-05-15On Passage of the BillH.R. 2072; A bill to reauthorize the Export-Import Bank of the United States, and for other purposes.P
952012-05-15On the Amendment S.Amdt. 2104Toomey Amdt. No. 2104; To prohibit an increase in the lending authority of the Export-Import Bank of the United States to more than $100,000,000,000 until the Secretary of the Treasury certifies that the Secretary has initiated international negotiations to eliminate export financing programs and to prohibit an increase in that lending authority to more than $120,000,000,000 until a multilateral agreement to eliminate export financing programs has been completed.R
942012-05-15On the Amendment S.Amdt. 2103Vitter Amdt. No. 2103; To clarify the requirement that the Export-Import Bank of the United States not make or guarantee loans that are subordinate to other loans, to restrict financing of certain fossil fuel projects in foreign countries, and to prohibit financing of renewable energy products manufactured in foreign countries.R
932012-05-15On the Amendment S.Amdt. 2102Corker Amdt. No. 2102; To require the Export-Import Bank of the United States to provide financing only for transactions subsidized by export credit agencies of other countries or for which private sector financing is unavailable or prohibitively expensive and to require the Bank to maintain a ratio of capital to the outstanding principal balance of loans and loan guarantees of not less than 10 percent.R
922012-05-15On the Amendment S.Amdt. 2101Paul Amdt. No. 2101; To prohibit the Export-Import Bank of the United States from providing financing to a person or for a project in a country the government or central bank of which holds debt instruments of the United States.R
912012-05-15On the Amendment S.Amdt. 2100Lee Amdt. No. 2100; To phase out the authority of the Export-Import Bank of the United States and to require the President to initiate negotiations with other major exporting countries to end subsidized export financing programs.R
Votes in the US House
Roll NumberVote DateQuestionDescriptionVote Result
2242012-05-09On Motion to Suspend the Rules and Pass, as Amended To reauthorize the Export-Import Bank of the United States, and for other purposesP

Sponsors

 
Congressional Sponsors of H R 2072
 
Bill Number : H R 2072
Title : Securing American Jobs Through Exports Act of 2011
Sponsor: Rep Miller, Gary G. [CA-42] (introduced 6/1/2011)      
ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)Rep Bachus, Spencer [AL-6] - 6/1/2011
Rep Biggert, Judy [IL-13] - 6/2/2011
Rep Dold, Robert J. [IL-10] - 6/2/2011
Rep Frank, Barney [MA-4] - 6/1/2011
Rep Hinojosa, Ruben [TX-15] - 6/21/2011
Rep Manzullo, Donald A. [IL-16] - 6/2/2011
Rep McCarthy, Carolyn [NY-4] - 6/1/2011
Rep Moore, Gwen [WI-4] - 6/2/2011
Rep Scott, David [GA-13] - 6/2/2011

Other Info

Bill Number : H R 2072
Title : Securing American Jobs Through Exports Act of 2011
 
MAJOR ACTIONS:
***NONE***
 
ALL ACTIONS:
 
6/1/2011:Referred to the House Committee on Financial Services.
 
3/10/2011:Hearings Held Prior to Introduction and Referral.
 
6/2/2011:Referred to the Subcommittee on International Monetary Policy and Trade.
 
6/2/2011:Subcommittee Consideration and Mark-up Session Held.
 
6/2/2011:Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
 
6/22/2011:Committee Consideration and Mark-up Session Held.
 
6/22/2011:Ordered to be Reported (Amended) by Voice Vote.