{"database": "openregs", "table": "legislation", "rows": [["93-s-3917", 93, "s", 3917, "Export - Import Bank Amendments", "Foreign Trade and International Finance", "1974-08-15", "1974-09-19", "Measure indefinitely postponed in Senate, H.R. 15977 passed in lieu.", "Senate", "Sen. Stevenson, Adlai E., III [D-IL]", "IL", "D", "S000890", 0, "(LATEST SUMMARY)  Export-Import Bank Amendments - Adds to the powers  of the Export-Import Bank the power to guarantee, insure, coinsure, and reinsure against political and  credit risks of loss.   Revises the Export-Import Bank Act to provide  that the Bank may offer guarantees, insurance, and extensions of credit.   Directs the Bank, in cooperation with comparable  institutions of foreign governments, to minimize competition in Government-sponsored export financing.   Directs the Bank to advise small businesses of  opportunities offered by the Bank.   Requires that if the Bank, under the authority  of the President, extends credit or guarantees to a Communist country, the President shall separately  determine for each transaction over $40,000,000 whether it serves the national interest.   Grants the Congress an opportunity to disapprove  Bank transactions exceeding $50,000,000.   Sets forth the procedure to be followed in Congress  for any such disapproval.   Disallows guarantees, insurance, or extention  of credit by the Bank in connection with the purchase or lease of products by a Communist country with respect  to which a disapproving resolution has been passed by the Congress.   Prohibits guarantees, insurance, or extension  of credit by the Bank in connection with any credit sale of defense articles or services.   Allows 25 percent of the Bank's outstanding amounts  to be guarantees and insurance against political and credit risks of loss.  Changes the total allowable  outstanding amount at anyone time from $20,000,000,000, to $25,000,000,000.   Terminates the Bank's functions on June 30, 1978.   Describes the contents of reports the Bank must  file with the Congress.   Declares it to be the sense of the Senate that  the President should declare Turkey ineligible for any foreign aid in view of its recent military activities in Cyprus.   Provides that the President may not determine  a transaction to be in the national interest if it results in the United States becoming dependent upon any Communist  country for essential materials in short supply.   Prohibits the Bank from participating in transactions  with any country unless the President certifies to the Congress that neither slavery nor involuntary  servitude is practiced in that country.   Prohibits the extention of credit to the Soviet  Union until that country allows free emigration of Jews.   Revises the Federal Reserve Act, the Federal Deposit  Insurance Act, and the Federal Home Loan Bank Act by providing that no member bank or affiliate thereof  may plead, raise, or claim, with respect to any deposit or obligation of such member bank or affiliate, any defense,  right, or benefit under any provision of a statute or constitution of a State or of a territory of the  United States, or of any law of the District of Columbia, regulating or limiting the rate of interest which  may be charged, taken, received, or reserved and that no civil or criminal penalty which would otherwise be  applicable under such provision shall apply to such member bank or affiliate or to any other person.", "2025-09-03T12:53:09Z", "https://www.congress.gov/bill/93rd-congress/senate-bill/3917"]], "columns": ["bill_id", "congress", "bill_type", "bill_number", "title", "policy_area", "introduced_date", "latest_action_date", "latest_action_text", "origin_chamber", "sponsor_name", "sponsor_state", "sponsor_party", "sponsor_bioguide_id", "cosponsor_count", "summary_text", "update_date", "url"], "primary_keys": ["bill_id"], "primary_key_values": ["93-s-3917"], "units": {}, "query_ms": 0.23257778957486153, "source": "Federal Register API & Regulations.gov API", "source_url": "https://www.federalregister.gov/developers/api/v1", "license": "Public Domain (U.S. Government data)", "license_url": "https://www.regulations.gov/faq"}