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I
116TH CONGRESS
1ST SESSION H. R. 5188
To export clean energy technology around the world.
IN THE HOUSE OF REPRESENTATIVES
NOVEMBER 20, 2019
Mr. CURTIS introduced the following bill; which was referred to the Committee
on Financial Services
A BILL
To export clean energy technology around the world.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘Exporting Clean En-
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ergy Act’’.
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SEC. 2. EXPORT-IMPORT BANK FINANCING FOR CERTAIN
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ENERGY-RELATED EXPORTS.
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Section 2(b)(1) of the Export-Import Bank Act of
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1945 (12 U.S.C. 635(b)(1)) is amended by adding at the
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end the following:
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‘‘(N) The Bank shall make available, from the aggre-
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gate loan, guarantee, and insurance authority available to
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•HR 5188 IH
the Bank, an amount to finance exports directly regarding
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clean energy technology, energy infrastructure, and pro-
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duction of natural resources, which shall have the goal of
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being not less than 25 percent of the authorizations for
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each fiscal year. It shall be a goal of the Bank to maximize
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the amount financed in cases in which an international
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strategic competitor is likely competing against a United
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States exporter for a contract dealing with energy tech-
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nology or natural resources, or in cases in which a United
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States exporter is capable of fulfilling such a contract in
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a way that would produce lesser environmentally harmful
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emissions. The Bank shall report to Congress annually as
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to its progress in meeting these goals.’’.
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SEC. 3. ESTABLISHMENT OF TEMPORARY BOARD TO ACT IN
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THE ABSENCE OF A QUORUM OF THE BOARD
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OF
DIRECTORS
OF
THE
EXPORT-IMPORT
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BANK OF THE UNITED STATES.
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Section 3(c)(6) of the Export-Import Bank Act of
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1945 (12 U.S.C. 635a(c)(6)) is amended—
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(1) by inserting ‘‘(A)’’ after ‘‘(6)’’; and
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(2) by adding after and below the end the fol-
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lowing:
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‘‘(B) During any period in which a quorum of the
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Board of Directors is not in place and the Secretary of
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Commerce determines that an international strategic com-
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•HR 5188 IH
petitor is likely competing with a United States firm for
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a contract dealing with equipment, systems, components,
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or materials intended primarily for the purpose of energy
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extraction, conversion, generation, transportation, storage,
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or use, a temporary board, consisting of the following,
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shall act in the stead of the Board of Directors for the
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purpose of reviewing and voting on pending transactions:
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‘‘(i) The United States Trade Representative,
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who shall serve as chairperson of the temporary
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board.
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‘‘(ii) The Secretary of the Treasury.
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‘‘(iii) The Secretary of Commerce.
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‘‘(iv) The members of the Board of Directors.’’.
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