On the recordNovember 4, 2015
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 1032, after line 4, insert the following: SEC. ____. STRENGTHENING PORTFOLIO DIVERSIFICATION AND RISK MANAGEMENT. (a) Limitations on Sectoral Credit Exposure of the Bank.-- Section 2 of the Export-Import Bank Act of 1945 (12 U.S.C. 635), as amended by section 95001 of this Act, is amended by adding at the end the following: ``(l) Limitations on Sectoral Credit Exposure of the Bank.-- ``(1) In general.--The Bank shall not guarantee, insure, or extend (participate in the extension of) credit in connection with a transaction in a single industrial sector if the provision of the guarantee, insurance, or credit would result in the total credit exposure of the Bank in the sector being more than 20 percent of the total credit exposure of the Bank.…
Source
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