John Sarbanes: “I commend very strongly Senator Enzi, who was chairman of the relevant subcommittee in the last Congress and chairman of…”

“I commend very strongly Senator Enzi, who was chairman of the relevant subcommittee in the last Congress and chairman of the International Trade and Finance Committee, and Senator Johnson, who is the ranking member of that subcommittee, for their extraordinary work in developing this legislation. They worked tirelessly both in the last Congress and again in this Congress to help bring us to this point. I commend Senator Gramm and the staff of all Senators and the committee staff for their strong efforts to develop a bipartisan consensus on this legislation. Senator Hagel and Senator Bayh, who have taken over these positions now in the new Congress on the subcommittee, also made constructive contributions in moving this legislation forward this year. Let me say this about the legislation. It generally tracks the authority provided the President under the Export Administration Act, which expired in 1990, as I indicated earlier. But a significant effort was made with the excellent assistance of the legislative counsel's office to delineate these authorities in a more clear and straightforward manner. We made a very strong effort to inject an element of clarity and directness into the statute which would make it easier for the executive branch agencies to administer the statute and for the exporters to comply with it. The bill makes a number of significant improvements to the EAA.…”