H.R. 2871 - Export-Import Bank Reauthorization Act of 2001

COMMITTEE ACTION: REPORTED BY VOICE VOTE on Tuesday, April 30, 2002.
FLOOR ACTION: ADOPTED BY VOICE VOTE on Wednesday, May 1, 2002.
MANAGERS: MYRICK/HASTINGS (FL)
107th Congress
2nd Session

H. RES. 402
[Report No. 107-423]

H.R. 2871 - Export-Import Bank Reauthorization Act of 2001

1. Structured rule.

2. Provides one hour of general debate equally divided and controlled by the chairman and ranking minority member of the Committee on Financial Services.

3. Waives all points of order against consideration of the bill.

4. Provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill shall be considered as an original bill for the purpose of amendment and shall be considered as read.

5. Waives all points of order against the bill, as amended.

6. Makes in order only those amendments printed in the report of the Committee on Rules accompanying the resolution.

7. Provides that the amendments printed in the report shall be considered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question in the House or in the Committee of the Whole.

8. Waives all points of order against the amendments printed in the report.

9. Provides one motion to recommit with or without instructions.

10. Provides that after passage of H.R. 2871, it shall be in order to take from the Speaker's table S. 1372, consider it in the House, and move to strike all after the enacting clause and insert the text of H.R. 2871 as passed by the House.

11. Waives all points of order against consideration of the Senate bill and the motion to strike and insert.

12. Provides that if the motion is adopted and the Senate bill, as amended, is passed, then it shall be in order to move that the House insist on its amendment and request a conference.

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RESOLUTION

Resolved, That at any time after the adoption of this resolution the Speaker may, pursuant to clause 2(b) of rule XVIII, declare the House resolved into the Committee of the Whole House on the state of the Union for consideration of the bill (H.R. 2871) to reauthorize the Export-Import Bank of the United States, and for other purposes. The first reading of the bill shall be dispensed with. All points of order against consideration of the bill are waived. General debate shall be confined to the bill and shall not exceed one hour equally divided and controlled by the chairman and ranking minority member of the Committee on Financial Services. After general debate the bill shall be considered for amendment under the five-minute rule. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill. The committee amendment in the nature of a substitute shall be considered as read. All points of order against the committee amendment in the nature of a substitute are waived. No amendment to the committee amendment in the nature of a substitute shall be in order except those printed in the report of the Committee on Rules accompanying this resolution. Each such amendment may be offered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question in the House or in the Committee of the Whole. All points of order against such amendments are waived. At the conclusion of consideration of the bill for amendment the Committee shall rise and report the bill to the House with such amendments as may have been adopted. Any Member may demand a separate vote in the House on any amendment adopted in the Committee of the Whole to the bill or to the committee amendment in the nature of a substitute. The previous question shall be considered as ordered on the bill and amendments thereto to final passage without intervening motion except one motion to recommit with or without instructions.

Sec. 2. After passage of H.R. 2871, it shall be in order to take from the Speaker's table S. 1372 and to consider the Senate bill in the House. All points of order against the Senate bill and against its consideration are waived. It shall be in order to move to strike all after the enacting clause of the Senate bill and to insert in lieu thereof the provisions of H.R. 2871 as passed by the House. All points of order against that motion are waived. If the motion is adopted and the Senate bill, as amended, is passed, then it shall be in order to move that the House insist on its amendment to S. 1372 and request a conference with the Senate thereon.


SUMMARY OF AMENDMENTS MADE IN ORDER

Bereuter - Manager?s Amendment. Makes corrections to section 9 in the bill dealing with the Tied Aid War Chest. Under the changes made by the amendment, the Export-Import Bank and the Department of the Treasury will jointly set the principles, process, and standards which govern the Tied Aid War Chest. (10 minutes)

DeFazio - Prohibits Export-Import Bank assistance for any project that involves the privatization of a government-held industry or sector if that privatization: is not implemented in a transparent manner; is not implemented in a manner that adequately protects the interests of workers, small investors, and vulnerable groups in society; or if appropriate regulatory regimes have not been established to ensure properly functioning competitive markets. (30 minutes)

Kucinich - Requires Export-Import Bank to gather information relating to compliance with the Foreign Corrupt Practices Act as amended by applicants. Export-Import would request that applicants report whether or not they had been found by a U.S. court to be in violation of the Foreign Corrupt Practices Act. Export-Import would also independently monitor federal court records to determine if any applicants for Export-Import assistance had violated the Act. (30 minutes)

Sanders - Prohibits companies from receiving future Export-Import Bank assistance if they lay off a greater percentage of workers in the U.S. than they lay off in foreign countries. (30 minutes)

Schakowsky - Sense of the Congress that detailed information on the potential impact of proposed Export-Import Bank projects on human rights should be available to the management of the bank. (30 minutes)

TEXT OF AMENDMENTS MADE IN ORDER (.pdf)