A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt.
119-S-4308119th CongressIntroduced Apr 15, 2026Foreign Trade and International Finance
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsor
Sen. Kennedy, John [R-LA](R-LA)Summary
This bill prohibits the Export-Import Bank of the United States from providing financing to a person with seriously delinquent tax debt or for a project in which any participant has seriously delinquent tax debt.
The bill allows the President to waive this prohibition if the President (1) determines that there are urgent and compelling circumstances significantly affecting U.S. interests that require the financing to be provided; and (2) submits to Congress, within 30 days after making the determination, a report that includes the rationale for the determination and relevant supporting information.
Actions (2)
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 15, 2026Senate
Introduced in Senate
Apr 15, 2026Library of Congress