Ill STAT. 2528 PUBLIC LAW 105-121 —NOV. 26, 1997 Nov. 26, 1997 [S. 1026] Public Law 105-121 105th Congress An Act To reauthorize the Export-Import Bank of the United States. Be it enacted by the Senate and House of Representatives of Export-Import the United States of America in Congress assembled. Bank Reauthorization SECTION 1. SHORT TITLE; TABLE OF CONTENTS. Act of 1997 12 USC 635 note. (a) SHORT TITLE. — This Act may be cited as the "Export-Import Bank Reauthorization Act of 1997". (b) TABLE OF CONTENTS.— Sec. 1. Short title; table of contents. Sec. 2. Extension of authority. Sec. 3. Tied aid credit fund authority. Sec. 4. Extension of authority to provide financing for the export of nonlethal defense articles or services the primary end use of which will be for civilian purposes. Sec. 5. Clarification of procedures for denying credit based on the national interest. Sec. 6. Administrative Counsel. Sec. 7. Advisory Committee for sub-Saharan Africa. Sec. 8. Increase in labor representation on the Advisory Committee of the Export- Import Bank. Sec. 9. Outreach to companies. Sec. 10. Clarification of the objectives of the Export-Import Bank. Sec. 11. Including child labor as a criterion for denying credit based on the national interest. Sec. 12. Prohibition relating to Russian transfers of certain missiles to the People's Republic of China. SEC. 2. EXTENSION OF AUTHORITY. (a) IN GENERAL. —Section 7 of the Expori;-Import; Bank Act of 1945 (12 U.S.C. 635f) is amended by striking "until" and all that follows through "but" and inseri;ing "until the close of business on September 30, 2001, but". 12 USC 635f (b) EFFECTIVE DATE.— The amendment made by this section note. shall take effect on September 30, 1997. SEC. 3. TIED AID CREDIT FUND AUTHORITY. (a) EXPENDITURES FROM FUND. — Section 10(c)(2) of the Expori;- Impori; Bank Act of 1945 (12 U.S.C. 635i-3(c)(2)) is amended by striking "through" and all that follows through "1997". (b) AUTHORIZATION.—Section 10(e) of such Act (12 U.S.C. 635i- 3(e)) is amended by striking the first sentence and inserting the following: "There are authorized to be appropriated to the Fund such sums as may be necessary to carry out the purposes of this section.".
�
