Sponsor: WOLCOTT, Jesse Paine (R-MI)
Description: TO RECOMMIT H.R. 10361, INCREASING LENDING AUTHORITY OF EXPORT-IMPORT BANK OF WASHINGTON, TO COMMITTEE ON BANKING AND CURRENCY, WITH INSTRUCTIONS TO (1) CUT THE LENDING LIMIT FROM $1.5 BILLION TO $1 BILLION, (2) REMOVE SECTION I, WHICH ALLOWS $0.5 BILLION IN LOANS TO BE MADE TO WESTERN HEMIS. COUNTRIES, (3) REMOVE SECTION III, WHICH PROVIDES FOR THE ALLOCATION OF FUNDS TO STABILIZE THE ECONOMIC CONDITION OF A FOREIGN COUNTRY, IF DEEMED NECESSARY BY THE PRESIDENT.
Original source documents: Congressional Record vol. 86-10, p. 10704A;