Prohibits the Export-Import Bank of the United States from providing financing to a person with seriously delinquent tax debt or for a…
Official title: A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt.
This bill is stalled.
No action in 3 months. It may still move, but has lost momentum.
This bill prohibits the Export-Import Bank of the United States from providing financing to a person with seriously delinquent tax debt or for a project in which any participant has seriously delinquent tax debt. The bill allows the President to waive this prohibition if the President (1) determines that there are urgent and compelling circumstances significantly affecting U.S. interests that require the financing to be provided; and (2) submits to Congress, within 30 days after making the determination, a report that includes the rationale for the determination and relevant supporting information.
Filed in the Senate
This senate bill has been filed and is working its way through Congress. It will need to pass both the Senate and the House, then be signed by the President to become law.
Who introduced this
John Kennedy
RepublicanU.S. Senator · LA
Introduced solo — no cosponsors yet.
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