Page:United States Statutes at Large Volume 106 Part 3.djvu/401

 PUBLIC LAW 102-429—OCT. 21, 1992 106 STAT. 2195 (c) REPORT. —Section 2(b)(6) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(b)(6) is amended by adding at the end the following new subparagraph: "(H) Once in each calendar quarter, the Bank shall submit a report to the Committee on Banking, Housing, and Urban Affairs of the Senate, and the Committee on Banking, Finance and Urban Affairs of the House of Representatives on all instances in which the Bank, during the reporting quarter, guaranteed, insured, or extended credit or participated in an extension of credit in connection with any credit sale of an article, service, or related technical data described in subparagraph (G) that the Bank determined would not be put to a military use. Such report shall include a description of each of the transactions and the justification for the Bank's actions.". (d) CONFORMING AMENDMENTS.— Section 2(b)(6) of the Export- Import Bank Act of 1945 (12 U.S.C. 635(b)(6)) is amended— (1) in subparagraph (A), by striking "designated under" and all that follows through the end of the subparagraph and inserting a period; (2) in subparagraph (B)— (A) by striking ", and section 32 of the Arms Export Control Act,"; and (B) in clause (v), by striking "and services" and inserting "or services"; (3) in subparagraph (D)(i)(HI), as redesignated by subsection (b) of this section, by striking "determination has" and inserting "determinations have"; (4) in subparagraph (D)(ii), by striking "sentence" and inserting "clause"; and (5) in subparagraph (G), by striking "and services" and inserting "or services". (e) REPEAL. —Section 32 of the Arms Export Control Act (22 U.S.C. 2772) is repealed. SEC. 113. INCREASE IN ADVISORY COMMITTEE MEMBERSHIP. Section 3(d)(1)(A) of the Export-Import Bank Act of 1945 (12 U.S.C. 635a(d)(l)(A)) is amended by striking "twelve" and inserting "15". SEC. 114. FINANCING OF HIGH TECHNOLOGY EXPORTS TO EMERGING DEMOCRACIES. Section 2(b)(1) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(b)(1)) is amended by adding at the end the following: "(H)(i) It is further the policy of the United States to foster the development of democratic institutions and market economies in countries seeking such development, and to assist the export of high technology items to such countries. "(ii) In exercising its authority, the Bank shall develop a program for providing guarantees and insurance with respect to the export of high technology items to countries making the transition to market based economies, including eligible East European countries (within the meaning of section 4 of the Support For East European Democracy (SEED) Act of 1989). (iii) As part of the ongoing marketing and outreach efforts of the Bank, the Bank shall, to the maximum extent practicable, inform high technology companies, particularly small business concerns (as such term is defined in section 3 of the Small Business Act), about the programs of the Bank for United States companies

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