United States 112th Congress Status: Died 1 D cosponsors

S 1547 — Export-Import Bank Reauthorization Act of 2011

Last action — Committee on Banking, Housing, and Urban Affairs. Hearings held.

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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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 2011 - (Sec. 2) 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. (Sec. 3) 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. (Sec. 4) Revises the list of Marxist-Leninist countries ineligible for Bank assistance. (Sec. 5) Extends the termination date of the Sub-Saharan Africa advisory committee through September 30, 2015. (Sec. 6) Extends and specifies aggregate outstanding loan, guarantee, and insurance authority through FY2015. (Sec. 7) Extends, through September 30, 2015, Bank authority to provide financing for the export of nonlethal defense articles and defense services whose primary end use is for civilian purposes. (Sec. 8) Provides for textile industry representation on the Bank Advisory Committee. Requires the Bank to include in its annual report to Congress information on Bank support for U.S. textile and apparel exports. (Sec. 9) Requires the Bank to: (1) review its domestic content policy for medium- and long-term transactions and evaluate policy contributions to job creation and a stronger economy; (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. (Sec. 12) Directs the Government Accountability Office (GAO) to report to the Bank and to Congress regarding the Bank's financial position and the risks it poses for American taxpayers. (Sec. 13) Urges the Bank to increase the export of renewable energy technologies and end-use energy efficiency technologies. (Sec. 14) Provides for increased Bank transparency and accountability. (Sec. 15) Requires the inclusion of specified information concerning case processing, operations, and process improvement in the Bank's annual report. (Sec. 16) Prohibits Bank financing for persons that engage in certain sanctionable activities with respect to Iran.

Bill Text

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Read S 1547 on the official United States source →

Action History

  1. Committee on Banking, Housing, and Urban Affairs. Hearings held.

  2. Placed on Senate Legislative Calendar under General Orders. Calendar No. 164.

  3. Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Johnson SD. Without written report.

  4. Sponsor introductory remarks on measure. (CR S5537)

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

public-safety finance technology agriculture energy
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Frequently asked questions

What does S 1547 do?
Export-Import Bank Reauthorization Act of 2011 - (Sec. 2) 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. (Sec. 3) 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. (Sec. 4) Revises the list of Marxist-Leninist countries ineligible for Bank assistance. (Sec. 5) Extends the termination date of the Sub-Saharan Africa advisory committee through September 30, 2015. (Sec. 6) Extends and specifies aggregate outstanding loan, guarantee, and insurance authority through FY2015. (Sec. 7) Extends, through September 30, 2015, Bank authority to provide financing for the export of nonlethal defense articles and defense services whose primary end use is for civilian purposes. (Sec. 8) Provides for textile industry representation on the Bank Advisory Committee. Requires the Bank to include in its annual report to Congress information on Bank support for U.S. textile and apparel exports. (Sec. 9) Requires the Bank to: (1) review its domestic content policy for medium- and long-term transactions and evaluate policy contributions to job creation and a stronger economy; (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. (Sec. 12) Directs the Government Accountability Office (GAO) to report to the Bank and to Congress regarding the Bank's financial position and the risks it poses for American taxpayers. (Sec. 13) Urges the Bank to increase the export of renewable energy technologies and end-use energy efficiency technologies. (Sec. 14) Provides for increased Bank transparency and accountability. (Sec. 15) Requires the inclusion of specified information concerning case processing, operations, and process improvement in the Bank's annual report. (Sec. 16) Prohibits Bank financing for persons that engage in certain sanctionable activities with respect to Iran.
Who sponsors S 1547?
S 1547 is sponsored by Tim Johnson (Democrat).
What is the current status of S 1547?
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 S 1547?
Track S 1547 free on One Click Politics — get push/email alerts when it moves.

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