HR 4450
Increasing American Jobs and Exports Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Increasing American Jobs and Exports Act, allows the Export-Import Bank of the United States to use up to 3% of its profits to cover administrative costs. Specifically, it directs the bank to use at least one-third of this 3% for expanding or establishing regional offices across the country. The bill is intended to support American jobs and exports by strengthening the Export-Import Bank's operational capabilities. The use of these funds is subject to congressional appropriations.
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