12 U.S.C. § 635g : US Code - Section 635G: Report to Congress; time for submission; contents

Search 12 U.S.C. § 635g : US Code - Section 635G: Report to Congress; time for submission; contents

(a) Annual submission of report
The Export-Import Bank of the United States shall transmit to the
Congress annually a complete and detailed report of its operations.
Such report shall be as of the close of business on the last day of
each fiscal year.
(b) Report on allocation of sums set aside for small business
exports
(1) The Bank shall include in its annual report to the Congress a
report on the allocation of the sums set aside for small business
exports pursuant to section 635(b)(1)(E) of this title.
(2) Such report shall specify -
(A) the total number and dollar volume of loans made from the
sums set aside;
(B) the number and dollar volume of loans made through the
consortia program under section 635(b)(1)(E)(vii) of this title;
(C) the amount of guarantees and insurance provided for small
business exports;
(D) the number of recipients of financing from the sums set
aside who have not previously participated in the Bank's
programs;
(E) the number of commitments entered into in amounts less than
$500,000; and
(F) any recommendations for increasing the participation of
banks and other institutions in the programs authorized under
section 635(b)(1)(E) of this title.
(3) For the purpose of this subsection, the Bank's report shall
be transmitted to the Committee on Small Business of the Senate and
the Committee on Small Business of the House of Representatives.
(c) Technology to assist small businesses
The Bank shall include in its annual report to the Congress under
subsection (a) of this section for each of fiscal years 2002
through 2006 a report on the efforts made by the Bank to carry out
subparagraphs (E)(x) and (J) of section 635(b)(1) of this title,
and on how the efforts are assisting small business concerns (as
defined in section 632(a) of title 15).
(d) Number of small business suppliers of Bank users
The Bank shall estimate on the basis of an annual survey or
tabulation the number of entities that are suppliers of users of
the Bank and that are small business concerns (as defined in
section 632(a) of title 15) located in the United States, and shall
include the estimate in its annual report to the Congress under
subsection (a) of this section.
(e) Outreach to certain small businesses
The Bank shall include in its annual report to the Congress under
subsection (a) of this section a description of outreach efforts
made by the Bank to any socially and economically disadvantaged
small business concerns (as defined in section 637(a)(4) of title
15), small business concerns (as defined in section 632(a) of title
15) owned by women, and small business concerns (as defined in
section 632(a) of title 15) employing fewer than 100 employees.
(f) Additional reports
Not later than March 31 of each year, the Bank shall submit to
the Committee on Financial Services of the House of Representatives
and the Committee on Banking, Housing, and Urban Affairs of the
Senate reports on -
(1) the extent to which the Bank has been able to use the
authority provided, and has complied with the mandates contained,
in section 635(b)(1)(E) of this title, and to the extent the Bank
has been unable to fully use such authority and comply with such
mandates, a report on the reasons for the Bank's inability to do
so and the steps the Bank is taking to remedy such inability;
(2) the extent to which financing has been made available to
small business concerns (described in subsection (e)) to enable
them to participate in exports by major contractors, including
through access to the supply chains of the contractors through
direct or indirect funding;
(3) the specific measures the Bank will take in the upcoming
year to achieve the small business objectives of the Bank,
including expanded outreach, product improvements, and related
actions;
(4) the progress made by the Bank in supporting exports by
socially and economically disadvantaged small business concerns
(defined in section 637(a)(4) of title 15) and small business
concerns (as defined in section 632(a) of title 15) owned by
women, including estimates of the amounts made available to
finance exports directly by such small business concerns, a
comparison of these amounts with the amounts made available to
all small business concerns, and a comparison of such amounts
with the amounts so made available during the 2 preceding years;
(5) with respect to each type of transaction, the interest and
fees charged by the Bank to exporters (including a description of
fees and interest, if any, charged to small business concerns),
buyers, and other applicants in connection with each financing
program of the Bank, and the highest, lowest, and average fees
charged by the Bank for short term insurance transactions;
(6) the effects of the fees on the ability of the Bank to
achieve the objectives of the Bank relating to small business;
(7) the fee structure of the Bank as compared with those of
foreign export credit agencies; and
(8)(A) the efforts made by the Bank to carry out subparagraphs
(E)(x) and (J) of section 635(b)(1) of this title, including the
total amount expended by the Bank to do so; and
(B) if the Bank has been unable to comply with such
subparagraphs -
(i) an analysis of the reasons therefor; and
(ii) what the Bank is doing to achieve, and the date by which
the Bank expects to have achieved, such compliance.