|Thursday, November 14, 2019
|House Meets at…
||Votes Predicted at…
|10:00 a.m. Morning Hour
12:00 p.m. Legislative Business
Fifteen “One Minutes” Per Side
|First/Last Votes: 1:30 p.m. – 2:30 p.m.
|ANY ANTICIPATED MEMBER ABSENCES FOR VOTES TODAY SHOULD BE REPORTED IMMEDIATELY TO THE OFFICE OF THE MAJORITY WHIP AT 6-3210.
Floor Schedule and Procedure:
Under a Rule (1 bill):
Begin Consideration of H.R. 4863 – United States Export Finance Agency Act of 2019 (Rep. Waters – Financial Services)
This bill is a long-term reauthorization of the Export-Import Bank, whose authorization expired at the end of the fiscal year and was temporarily extended in the previous CR. The Ex-Im Bank, the official export credit agency of the United States, keeps U.S. companies competitive with foreign exporters who receive government export credit as well. The bill would reauthorize the bank for ten years, increases its lending authority to $175 billion, and creates procedures to avoid a lapse in the Board’s quorum. It includes new provisions to extend more financing to small businesses, provisions to assist minority- and women-owned businesses, pro-environmental provisions to support renewable energy exports and requires consultations with local communities affected by Ex-Im financed projects.
Click here for a fact sheet from the House Committee on Financial Services.
The Rule provides for one hour of general debate and makes in order the following amendments:
Torres Amendment #1
Requires the Agency to emphasize outreach to tribal export businesses and to include in their annual report a summary of those outreach efforts and the provision of Agency support to tribal export businesses.
Torres Amendment #2
Ensures that the Bank will not provide credit to any individual who is subject to sanctions related to serious violations of human rights or free speech, including in China and Burma.
Strikes all of the renewable energy, environment and related accountability provisions (Section 13), and creates the office of energy efficiency and clean energy exports, requires the EXIM bank to consider energy affordability as well as environmental impacts before approving transactions, and requires the EXIM bank to include in its annual report the impacts of any transaction backed by the Bank on the cost of energy in the importing country and the estimated emissions reductions caused by exports financed by the Bank.
Expands the prohibition of the Board of Directors from approving a transaction unless the person receiving the Agency’s support certifies that the person and any affiliate do not engage in any activity in contravention of any U.S. law, regulation, or order concerning “sanctions relating to the illegal trafficking of synthetic opioids, including any sanctions imposed pursuant to the Foreign Narcotics Kingpin Designation Act.”
Prohibits Agency assistance for U.S. exporters selling goods to the governments of certain countries (including China and Mexico) unless the President certifies that the government is cooperating with the U.S. to prevent illegal trafficking of synthetic opioids.
Requires the Agency to submit an annual report to Congress about the Agency’s activities in economically disadvantaged regions and efforts to support businesses in those regions. The amendment also defines economically disadvantaged regions.
Clarifies that, for the purpose of the Agency’s Office of Minority and Women Inclusion, the term “minority” is understood to include Native Hawaiians and Alaska Natives.
Clarifies that the Bank’s activities to support exports in energy efficiency technologies shall include activities to support exports in electric battery vehicles, batteries for electric vehicles, and electric vehicle charging infrastructure.
Allows the US Export Finance Agency to use surplus funds to expand or establish additional regional finance centers.
Meng Amendment #10
Includes Asian American- and Native American Pacific Islander-serving Institutions in recruitment efforts to diversify the United States Export Finance Agency workforce.
Meng Amendment #11
Clarifies that when the agency is recruiting diverse talent, it will partner with businesses that offer paid internships to minorities and women.
Meng Amendment #12
Includes community colleges in recruitment efforts to diversify the United States Export Finance Agency.
Meng Amendment #13
Amends 12 USC 635a(d) to add 2 additional advisory committee members – one who represents 4-year higher education institutions and one who represents community colleges.
Requires Agency employees to make available appropriate inclusion and diversity training and retraining to ensure employees understand the specific challenges facing minority- and women- owned businesses.
Requires the Agency to detail the effects of exports and projects financed by the Agency on American jobs in the energy and related technologies industries.
Rouda Amendment #16
Requires the Director of the Office of Minority and Women Inclusion to develop standards to ensure diversity in race, ethnicity, gender, sexual orientation, and gender identity.
Rouda Amendment #17
Adds businesses owned by LGBTQ individuals to the Agency’s small business outreach plan.
Requires the United States Export Finance Agency to emphasize outreach to small businesses in sectors that have been impacted by retaliatory tariffs.
Requires the GAO to submit to Congress within one year of the bill’s enactment a report on the effect that closure of the U.S. Export Finance Agency would have on businesses that utilize the Agency’s services.
Levin (MI) Amendment
Clarifies that the Agency’s duty to consult with potentially impacted communities regarding Agency financed projects includes “affected workers,” and that any Agency accountability mechanism should include consideration of effects on workers and requires the Agency’s annual report to include the steps taken to consult with impacted communities (including affected workers).
Torres Small Amendment
Prohibits the Bank from providing financing to a person involved in sanctionable activity relating to human rights abuses, specifically human trafficking, including sex trafficking.