S 4308

A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt.

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.

Bill status

Status
In committee
Sponsor
Sen. John Kennedy [R-LA]
Cosponsors
0
Policy area
Foreign Trade and International Finance
Introduced
2026-04-15
Latest action
2026-04-15: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committee referrals

Recent actions

  • 2026-04-15: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2026-04-15: Introduced in Senate