To amend the Export-Import Bank Act of 1945 to exclude certain financing from the calculation of the default rate for purposes of determining when the lending cap under such Act applies, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill changes how the Export-Import Bank calculates its default rate, which is used to determine whether the Bank has hit its lending cap. Specifically, it allows the Bank to exclude defaults on loans that were made to help American companies compete with Chinese entities on U.S. sanctions lists, or loans made under the Banks China and Transformational Exports program.
Who Benefits and How
U.S. exporters competing against Chinese companies benefit because the Export-Import Bank can continue lending to them even if some of those loans default, without those defaults counting toward the cap that would otherwise restrict the Banks lending. The broader U.S. economy may benefit from increased competitiveness against sanctioned Chinese entities.
Who Bears the Burden and How
U.S. taxpayers bear the risk because the government is essentially allowing the Export-Import Bank to take on higher default rates without triggering the usual lending restrictions. If these riskier loans fail at high rates, taxpayers could be on the hook for greater losses.
Key Provisions
- Excludes from the default rate calculation any loans where the financed entity competes with or replaces products from entities on the Bureau of Industry and Security Entity List
- Also excludes defaults on loans involving persons on the Treasury Departments specially designated nationals and blocked persons list, or entities 50% or more owned by such persons
- Excludes defaults on financing provided under the Program on China and Transformational Exports
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
Amends the Export-Import Bank Act to exclude certain China-related export financing from the default rate calculation that triggers lending caps.
Key Policy Areas
Trade, National Security, Finance
Primary Purpose
Amends the Export-Import Bank Act to exclude certain China-related export financing from the default rate calculation that triggers lending caps.
Policy Domains
Whole Bill
Identified Gains
- U.S. exporters competing with Chinese entities
- Export-Import Bank
Identified Costs
- U.S. taxpayers
Sponsors
Young Kim
R-CA | Primary Sponsor
Legislative Progress
IntroducedMrs. Kim of California (for herself and Mrs. Beatty) introduced …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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