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12 U.S.C. § 635q

Establishment of tied aid credit program in United States Export-Import Bank

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 635q, Establishment of tied aid credit program in United States Export-Import Bank, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437499
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Full text

The program may include— The purpose of the tied aid credit program under this section is to offer or arrange for financing for the export of United States goods and services which is substantially as concessional as foreign financing for which there is reasonable proof that such foreign financing is being offered to, or arranged for, a bona fide foreign competitor for a United States export sale. The Chairman of the Bank is authorized to establish a fund, as necessary, for carrying out the tied aid credit program described in this section. Concessional financing or grants made available under section 635r(d) of this title for the purposes of the mixed financing program established under this section shall be made available in accordance with the provisions of section 635r(c) of this title.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 98-181(H.R. 3959)1983-11-30
    Supplemental Appropriations Act, 1984
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 100-418(H.R. 4848)1988-08-23
    Omnibus Trade and Competitiveness Act of 1988
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 102-549(H.R. 4996)1992-10-28
    Jobs Through Exports Act of 1992
    House: no recorded tallySenate: no recorded tally