H.R. 5424 · 113th Congress
Made-in-America Bank Act
- Stage
- In committee
- Sponsor
- Alan Grayson
- Introduced
- 2014-09-09
- Latest action
- 2014-09-09 · Introduced in House
Summary
Made-in-America Bank Act - Amends the Export-Import Bank Act of 1945 to redesignate the Export-Import Bank as the Made-in-America Bank.
Declares that all guarantees, loans, insurance, and any other benefits historically provided by the Export-Import Bank may only be made to a domestic entity that is not majority-owned by any foreign person or entity, and only for the purpose of acquiring goods or services made in America.
Extends the termination date of the Export-Import Bank from 2014 to 2016.