Page:United States Statutes at Large Volume 108 Part 5.djvu/886

 108 STAT. 4376 PUBLIC LAW 103-428—OCT. 31, 1994 inserting "or described in subparagraph (I)(i)" before the period at the end of the first sentence. 12 USC 635 (c) PERIOD OF EFFECTIVENESS.— The amendments made by this "°*®- section shall remain in effect during the period beginning on the date of enactment of this Act and ending on September 30, 1997. SEC. 2. PROMOTION OF EXPORTS OF ENVIRONMENTALY BENE- FICIAL GOODS AND SERVICES. (a) IN GENERAL. —The first section 11(b) of the Export-Import Bank Act of 1945 (12 U.S.C. 635i-5(b)) is amended— (1) by inserting before "The Bank shall" the following: " (1) IN GENERAL. —"; (2) in the first sentence, by iasertLng before the period "(such as exports of products and services used to aid in the monitoring, abatement, control, or prevention of air, water, and ground contaminants or pollution, or which provide protection in the handling of toxic substances, subject to a final determination by the Bank, and products and services for foreign environmental projects dedicated entirely to the prevention, control, or cleanup of air, water, or groimd poUutLon, including facilities to provide for control or cleanup, and used in the retrofitting of facility equipment for the sole purpose of mitigating, controlling, or preventing adverse environmental effects, subject to a final determination by the Bank)"; and (3) by adding at the end the following: "(2) LIMITATIONS ON AUTHORIZATION OF APPROPRIATIONS. — In addition to other funds available to support the export of goods and services described in paragraph (1), there are authorized to be appropriated to the Bank not more than $35,000,000 for the cost (as defined in section 502(5) of the Federal Credit Reform Act of 1990) of supporting such exports. If, in any fiscal year, the funds appropriated in accordance with this paragraph are not fully utilized due to insufficient qualified transactions for the export of such goods and services, such funds may be expended tor other purposes eligible for support by the Bsmk.". (b) TECHNICAL CORRECTION. — The Export-Import Bank Act of 1945 (12 U.S.C. 635 et seq.) is amended by redesignating the second section 11 (12 U.S.C. 635i-8) as section 14. Approved October 31, 1994. LEGISLATIVE HISTORY—H.R. 4455: HOUSE REPORTS: No. 103-681 (Comm. on Banking, Finance and Urban Affairs). CONGRESSIONAL RECORD, Vol. 140 (1994): Aug. 8, considered and passed House. Oct. 5, considered and passed Senate, amended. Oct. 6, House concurred in Senate amendment.

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