H.R. 4271 · 113th Congress

Increasing American Jobs Through More Exports Act

Stage
In committee
Sponsor
Raul Ruiz
Introduced
2014-03-14
Latest action
2014-03-14 · Introduced in House

Summary

Increasing American Jobs Through More Exports Act - Amends the Export-Import Bank Act of 1945 to authorize the Export-Import Bank of the United States, subject to appropriations, to use up to 3% of the Bank's surplus, for each of the 5 fiscal years following enactment of this Act, to cover its administrative expenses.

Requires the Bank to use at least one-third of that 3% of surplus to expand or establish Bank regional offices.