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Bill116th CongressFiled Oct 28, 2019Foreign Trade and International Finance
H.R. 4863

United States Export Finance Agency Act of 2019

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary passed house (Nov 15, 2019)

United States Export Finance Agency Act of 2019

This bill reauthorizes the U.S. Export-Import Bank through FY2029 and otherwise modifies its operations.

Specifically, the bill redesignates the bank as the United States Export Finance Agency and increases its lending cap over the period of its reauthorization. In the event of a quorum lapse, the bill provides for the establishment of a temporary board to act in the stead of the Board of Directors. The bill also prohibits the agency from providing financing for certain specified entities and persons involved in sanctionable activities.

Additionally, the agency must establish (1) the Office of Minority and Women Inclusion to increase the participation of such groups in the agency's programs and contracts; (2) the Office of Territorial Exporting to promote the export of goods and services from U.S. territories; and (3) the Office of Financing for Renewable Energy, Energy Efficiency and Energy Storage Exports to promote exports used in the production of renewable energy resources and energy efficiency technologies.

Further, the agency is authorized to (1) deem as met certain prerequisite considerations to providing competitive export financing in the case of exports likely to be supported by official financing from China; and (2) establish a program under which it may enter into arrangements (i.e., reinsurance pools) to share risks associated with the extension of credit.

What just happenedNov 18, 2019

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Who’s behind it

Rep. Waters, Maxine [D-CA-43](D-CA)Sponsor
22 cosponsors22 D
Read on Congress.gov
22cosponsors2committees60actions21amendments2related bills42subjects
  1. Nov 18, 2019IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. Nov 15, 2019FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. Nov 15, 2019FloorH37100

    On passage Passed by recorded vote: 235 - 184 (Roll no. 624).

  4. Nov 15, 2019Floor8000

    Passed/agreed to in House: On passage Passed by recorded vote: 235 - 184 (Roll no. 624).

  5. Nov 15, 2019FloorH36110

    On motion to recommit with instructions Failed by recorded vote: 203 - 218 (Roll no. 623).

    Financial Services Committee
  6. Nov 15, 2019FloorH8A000

    The previous question on the motion to recommit with instructions was ordered without objection.

  7. Nov 15, 2019FloorH8D000

    DEBATE - The House proceeded with 10 minutes of debate on the Riggleman motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment inserting a section pertaining to the Limitation on Financial Assistance for the Chinese Government.

  8. Nov 15, 2019FloorH36100

    Mr. Riggleman moved to recommit with instructions to the Committee on Financial Services. (text: CR H8899)

    Financial Services Committee
  9. Nov 15, 2019FloorH34400

    The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.

  10. Nov 15, 2019FloorH35000

    The previous question was ordered pursuant to the rule.

  11. Nov 15, 2019FloorH32600

    The House rose from the Committee of the Whole House on the state of the Union to report H.R. 4863.

  12. Nov 15, 2019FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Torres Small (NM) amendment, the Chair put the question on adoption of the amendment, and by voice vote announced that the ayes had prevailed. Ms. Waters demanded a recorded vote, and the Chair postponed further proceedings on adoption of the amendment until a time to be announced.

  13. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Torres Small (NM) amendment No. 21.

  14. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Levin (MI) amendment No. 20.

  15. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Kendra S. Horn (OK) amendment No. 19.

  16. Nov 15, 2019FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Stevens amendment, the Chair put the question on adoption of the amendment, and by voice vote announced that the ayes had prevailed. Ms. Waters demanded a recorded vote, and the Chair postponed further proceedings on adoption of the amendment until a time to be announced.

  17. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Stevens amendment No. 18.

  18. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Rouda amendment No. 17.

  19. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Rouda amendment No. 16.

  20. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Lamb amendment No. 15.

  21. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Brown (MD) amendment No. 14.

  22. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Meng amendment No. 13.

  23. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Meng amendment No. 12.

  24. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Meng amendment No. 11.

  25. Nov 15, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Meng amendment No. 10.

  26. Nov 15, 2019FloorH32050

    The House resolved into Committee of the Whole House on the state of the Union for further consideration.

  27. Nov 15, 2019FloorH30000

    Considered as unfinished business. (consideration: CR H8885-8902)

  28. Nov 14, 2019FloorH32700

    Committee of the Whole House on the state of the Union rises leaving H.R. 4863 as unfinished business.

  29. Nov 14, 2019FloorH32341

    On motion that the Committee rise Agreed to by voice vote.

  30. Nov 14, 2019FloorH32340

    Ms. Waters moved that the Committee rise.

  31. Nov 14, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H. Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Ruiz amendment No. 9.

  32. Nov 14, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H. Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Speier amendment No. 8.

  33. Nov 14, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H. Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Case amendment No. 7.

  34. Nov 14, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H. Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Tlaib amendment No. 6.

  35. Nov 14, 2019FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Davidson (OH) amendment, the Chair put the question on adoption of the amendment, and by voice vote announced that the noes had prevailed. Mr. Davidson (OH) demanded a recorded vote, and the Chair postponed further proceedings on adoption of the amendment until a time to be announced.

  36. Nov 14, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H. Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Davidson (OH) amendment No. 5.

  37. Nov 14, 2019FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on the McAdams amendment, the Chair put the question on adoption of the amendment, and by voice vote announced that the ayes had prevailed. Mr. McAdams demanded a recorded vote, and the Chair postponed further proceedings on adoption of the amendment until a time to be announced.

  38. Nov 14, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the McAdams amendment No. 4.

  39. Nov 14, 2019FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Flores amendment, the Chair put the question on adoption of the amendment, and by voice vote announced that the noes had prevailed. Mr. Flores demanded a recorded vote, and the Chair postponed further proceedings on adoption of the amendment until a time to be announced.

  40. Nov 14, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Flores amendment No. 3.

  41. Nov 14, 2019FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Torres (CA) amendment No. 2, the Chair put the question on adoption of the amendment, and by voice vote announced that the ayes had prevailed. Mrs. Waters demanded a recorded vote, and the Chair postponed further proceedings on adoption of the amendment until a time to be announced.

  42. Nov 14, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Torres (CA) amendment No. 2.

  43. Nov 14, 2019FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 695, the Committee of the Whole proceeded with 10 minutes of debate on the Torres (CA) amendment No. 1.

  44. Nov 14, 2019FloorH8D000

    GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 4863.

  45. Nov 14, 2019FloorH32400

    The Speaker designated the Honorable Earl Blumenauer to act as Chairman of the Committee.

  46. Nov 14, 2019FloorH32020

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 695 and Rule XVIII.

  47. Nov 14, 2019FloorH8D000

    Rule provides for consideration of H.R. 4863 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Specified amendments are in order.

  48. Nov 14, 2019FloorH30000

    Considered under the provisions of rule H. Res. 695. (consideration: CR H8845-8870; text: CR H8856-8859)

  49. Nov 14, 2019FloorH1L220

    Rule H. Res. 695 passed House.

  50. Nov 13, 2019FloorH1L210

    Rules Committee Resolution H. Res. 695 Reported to House. Rule provides for consideration of H.R. 4863 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Specified amendments are in order.

  51. Nov 8, 2019CalendarsH12410

    Placed on the Union Calendar, Calendar No. 216.

  52. Nov 8, 2019CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-271.

    Financial Services Committee
  53. Nov 8, 2019Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-271.

    Financial Services Committee
  54. Oct 31, 2019Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 27.

    Financial Services Committee
  55. Oct 31, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  56. Oct 30, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  57. Oct 29, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  58. Oct 28, 2019IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  59. Oct 28, 2019IntroReferralIntro-H

    Introduced in House

  60. Oct 28, 2019IntroReferral1000

    Introduced in House

Passed HouseNov 15, 201953

United States Export Finance Agency Act of 2019

This bill reauthorizes the U.S. Export-Import Bank through FY2029 and otherwise modifies its operations.

Specifically, the bill redesignates the bank as the United States Export Finance Agency and increases its lending cap over the period of its reauthorization. In the event of a quorum lapse, the bill provides for the establishment of a temporary board to act in the stead of the Board of Directors. The bill also prohibits the agency from providing financing for certain specified entities and persons involved in sanctionable activities.

Additionally, the agency must establish (1) the Office of Minority and Women Inclusion to increase the participation of such groups in the agency's programs and contracts; (2) the Office of Territorial Exporting to promote the export of goods and services from U.S. territories; and (3) the Office of Financing for Renewable Energy, Energy Efficiency and Energy Storage Exports to promote exports used in the production of renewable energy resources and energy efficiency technologies.

Further, the agency is authorized to (1) deem as met certain prerequisite considerations to providing competitive export financing in the case of exports likely to be supported by official financing from China; and (2) establish a program under which it may enter into arrangements (i.e., reinsurance pools) to share risks associated with the extension of credit.

Reported to HouseNov 8, 20197

United States Export Finance Agency Act of 2019

This bill reauthorizes the U.S. Export-Import Bank through FY2029 and otherwise modifies its operations.

Specifically, the bill redesignates the bank as the United States Export Finance Agency and increases its lending cap over the period of its reauthorization. In the event of a quorum lapse, the bill provides for the establishment of a temporary board to act in the stead of the Board of Directors. The bill also prohibits the agency from providing financing for certain specified entities and persons involved in sanctionable activities.

Additionally, the agency must establish (1) the Office of Minority and Women Inclusion to increase the participation of such groups in the agency's programs and contracts; (2) the Office of Territorial Exporting to promote the export of goods and services from U.S. territories; and (3) the Office of Financing for Renewable Energy, Energy Efficiency and Energy Storage Exports to promote exports used in the production of renewable energy resources and energy efficiency technologies.

Further, the agency is authorized to (1) deem as met certain prerequisite considerations to providing competitive export financing in the case of exports likely to be supported by official financing from China; and (2) establish a program under which it may enter into arrangements (i.e., reinsurance pools) to share risks associated with the extension of credit.

Introduced in HouseOct 28, 2019

United States Export Finance Agency Act of 2019

This bill reauthorizes the U.S. Export-Import Bank through FY2029 and otherwise modifies its operations.

Specifically, the bill redesignates the bank as the United States Export Finance Agency and increases its lending cap over the period of its reauthorization. In the event of a quorum lapse, the bill provides for the establishment of a temporary board to act in the stead of the Board of Directors. The bill also prohibits the agency from providing financing for certain specified entities and persons involved in sanctionable activities.

Additionally, the agency must establish (1) the Office of Minority and Women Inclusion to increase the participation of such groups in the agency's programs and contracts; (2) the Office of Territorial Exporting to promote the export of goods and services from U.S. territories; and (3) the Office of Financing for Renewable Energy, Energy Efficiency and Energy Storage Exports to promote exports used in the production of renewable energy resources and energy efficiency technologies.

Further, the agency is authorized to (1) deem as met certain prerequisite considerations to providing competitive export financing in the case of exports likely to be supported by official financing from China; and (2) establish a program under which it may enter into arrangements (i.e., reinsurance pools) to share risks associated with the extension of credit.

United States Export Finance Agency Act of 2019 — Informed