United States 112th Congress Status: Died 1 D cosponsors

HR 5444 — Export-Import Bank Reauthorization Act of 2012

Last action — Referred to the Subcommittee on International Monetary Policy and Trade.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Export-Import Bank Reauthorization Act of 2012 - 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, 2021. Eliminates the provision directing the Bank to urge the Foreign Credit Insurance Association to provide 100% coverage against any export loss valued at less than $100,000. Revises the list of Marxist-Leninist countries ineligible for Bank assistance. Extends through September 30, 2021: (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. Extends and specifies aggregate outstanding loan, guarantee, and insurance authority through FY2021. Provides for textile industry representation on the Bank Advisory Committee. Requires the Bank to: (1) review its domestic content policy for medium- and long-term transactions; (2) include in its annual report to Congress, at least every every four years beginning in 2012, a five-year strategic plan; and (3) review and report to Congress regarding the Bank's information technology infrastructure. Directs the Comptroller General (GAO) to: (1) report to the Bank and to Congress on the Bank's financial position and the risk it poses to U.S. taxpayers, and (2) issue an annual report on the Bank's international competitiveness and its impact on U.S. employment. Urges the Bank to increase the export of renewable energy technologies and end-use energy efficiency technologies. Provides for increased Bank transparency and accountability. Prohibits Bank financing for persons that engage in certain sanctionable activities with respect to Iran.

Bill Text

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Read HR 5444 on the official United States source →

Action History

  1. Referred to the Subcommittee on International Monetary Policy and Trade.

  2. Referred to the House Committee on Financial Services.

  3. Sponsor introductory remarks on measure. (CR E713)

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

finance technology energy
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Frequently asked questions

What does HR 5444 do?
Export-Import Bank Reauthorization Act of 2012 - 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, 2021. Eliminates the provision directing the Bank to urge the Foreign Credit Insurance Association to provide 100% coverage against any export loss valued at less than $100,000. Revises the list of Marxist-Leninist countries ineligible for Bank assistance. Extends through September 30, 2021: (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. Extends and specifies aggregate outstanding loan, guarantee, and insurance authority through FY2021. Provides for textile industry representation on the Bank Advisory Committee. Requires the Bank to: (1) review its domestic content policy for medium- and long-term transactions; (2) include in its annual report to Congress, at least every every four years beginning in 2012, a five-year strategic plan; and (3) review and report to Congress regarding the Bank's information technology infrastructure. Directs the Comptroller General (GAO) to: (1) report to the Bank and to Congress on the Bank's financial position and the risk it poses to U.S. taxpayers, and (2) issue an annual report on the Bank's international competitiveness and its impact on U.S. employment. Urges the Bank to increase the export of renewable energy technologies and end-use energy efficiency technologies. Provides for increased Bank transparency and accountability. Prohibits Bank financing for persons that engage in certain sanctionable activities with respect to Iran.
Who sponsors HR 5444?
HR 5444 is sponsored by Jim McDermott (D).
What is the current status of HR 5444?
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 5444?
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