Search Results for keywords:"default rate calculation"

Search Results: keywords:"default rate calculation"

S. 753 — To amend the Export-Import Bank Act of 1945 to exclude certain financing from the calculation of the default rate for purposes of determining when the lending cap under such Act applies, and for other purposes.
February 26, 2025
Status:Introduced in Senate
Congress:119
Words:242
S. 753 amends the Export-Import Bank Act of 1945 to change how certain financing defaults are calculated. Specifically, it allows the Export-Import Bank to exclude certain defaults from its calculations if the financing helps American companies compete against products or...
Simple Explanation
The bill wants to change how a special bank counts its mistakes when helping U.S. companies sell things to other countries. If these U.S. companies are trying to compete with other companies that cause national security worries, the bank doesn't have to count some of their mistakes.
H. R. 1615 — To amend the Export-Import Bank Act of 1945 to exclude certain financing from the calculation of the default rate for purposes of determining when the lending cap under such Act applies, and for other purposes.
February 26, 2025
Status:Introduced in House
Congress:119
Words:232
H. R. 1615 aims to change the Export-Import Bank Act of 1945 by not taking into account certain types of financing when calculating the default rate, which determines when the Bank's lending cap is triggered. Specifically, it excludes defaults for financing that supports...
Simple Explanation
The new bill wants to change the rules for a big bank that helps people buy and sell things between countries. It says some "bad" loans won't count in the total, especially when they're used to compete with companies linked to countries like China.

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