Page:United States Statutes at Large Volume 120.djvu/3303

 120 STAT. 3272

12 USC 635 note.

12 USC 635 note.

VerDate 14-DEC-2004

12:05 Jul 13, 2007

PUBLIC LAW 109–438—DEC. 20, 2006

‘‘(II) the impact of processing and underwriting standards on transactions involving direct exports by small business concerns; and ‘‘(III) the adequacy of the staffing and resources of the Small Business Division. ‘‘(iii) Establishing criteria for evaluating the performance of staff designated by the President of the Bank under subsection (g)(1). ‘‘(iv) Coordinating the provision of services with other United States Government departments and agencies to small business concerns. ‘‘(3) COMPOSITION.— ‘‘(A) CHAIRPERSON.—The Chairperson of the Small Business Committee shall be the officer appointed to manage the Small Business Division pursuant to subsection (f)(2). The Chairperson shall have the authority to call meetings of the Small Business Committee, set the agenda for Committee meetings, and request policy recommendations from the Committee’s members. ‘‘(B) OTHER MEMBERS.—Except as otherwise provided in this subsection, the President of the Bank shall determine the composition of the Small Business Committee, and shall appoint or remove the members of the Small Business Committee. In making such appointments, the President of the Bank shall ensure that the Small Business Committee is comprised of— ‘‘(i) the senior managing officers responsible for underwriting and processing transactions; and ‘‘(ii) other officers and employees of the Bank with responsibility for outreach to small business concerns and underwriting and processing transactions that involve small business concerns. ‘‘(4) REPORTING.—The Chairperson shall provide to the President of the Bank minutes of each meeting of the Small Business Committee, including any recommendations by the Committee or its individual members.’’. (b) ENHANCE DELEGATED LOAN AUTHORITY FOR MEDIUM TERM TRANSACTIONS.— (1) IN GENERAL.—The Export-Import Bank of the United States shall seek to expand the exercise of authority under section 2(b)(1)(E)(vii) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(b)(1)(E)(vii)) with respect to medium term transactions for small business concerns. (2) CONFORMING AMENDMENT.—Section 2(b)(1)(E)(vii)(III) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(b)(1)(E)(vii)(III)) is amended by inserting ‘‘or other financing institutions or entities’’ after ‘‘consortia’’. (3) DEADLINE.—Not later than 180 days after the date of the enactment of this Act, the Export-Import Bank of the United States shall make available lines of credit and guarantees to carry out section 2(b)(1)(E)(vii) of the Export-Import Bank Act of 1945 pursuant to policies and procedures established by the Board of Directors of the Export-Import Bank of the United States.

Jkt 059194

PO 00003

Frm 00075

Fmt 6580

Sfmt 6581

E:\PUBLAW\PUBL003.109

APPS06

PsN: PUBL003

�