At the end of the bill (before the short title), insert the following: \ LIMITATION ON PROVISION BY EXPORT-IMPORT BANK OF CREDIT TO ENTITIES REINCORPORATING OVERSEAS \ SEC.__. None of the funds made available in this Act may be used by the Export-Import Bank of the United States to approve an application for a master guarantee and political risk supplement where the applicant's charter or articles of incorporation show that the entity is incorporated or chartered in Bermuda, Barbados, the Cayman Islands, Antigua, or Panama.

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Amendment Number
704
Description
At the end of the bill (before the short title), insert the following: \ LIMITATION ON PROVISION BY EXPORT-IMPORT BANK OF CREDIT TO ENTITIES REINCORPORATING OVERSEAS \ SEC.__. None of the funds made available in this Act may be used by the Export-Import Bank of the United States to approve an application for a master guarantee and political risk supplement where the applicant's charter or articles of incorporation show that the entity is incorporated or chartered in Bermuda, Barbados, the Cayman Islands, Antigua, or Panama.
Purpose
An amendment to prohibit the Export-Import Bank from approving direct loans or loan guarantees to corporate entities incorporated or chartered in Bermuda, Barbados, the Cayman Islands, Antigua, or Panama.
Congress
108
Type
HAMDT
Latest Action Date
Jul 15, 2004
Latest Action Text
On agreeing to the Sanders amendment (A013) Agreed to by recorded vote: 270 - 132 (Roll no. 386).
Latest Action Time
21:48:37
Submitted Date
Jul 15, 2004
Chamber
House of Representatives
Update Date
Sep 30, 2021
Amendment 704 — Informed