Search Results for keywords:"lending cap"

Search Results: keywords:"lending cap"

H. R. 10323 — To modify the prohibition on financing in the Export-Import Bank of the United States, and for other purposes.
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December 06, 2024
Status:Introduced in House
Congress:118
Words:1,649
H.R. 10323, also known as the “Civil Nuclear Export Act of 2024,” seeks to change regulations around financing related to civil nuclear reactors by the Export-Import Bank of the United States. It modifies existing laws to allow the bank to support projects involving civil...
Simple Explanation
H.R. 10323 is a new plan that lets a special bank help build nuclear power plants by giving them money, but it has some rules to make sure everything is safe and fair. It also has a way to handle money just in case anything goes wrong with these power plants.
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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