To extend the authority of the Export-Import Bank until June 14, 2002.
Summary
This law temporarily extended the operating authority of the Export-Import Bank of the United States through June 14, 2002. By providing this short-term extension, the legislation ensured that the Bank could continue to offer loans, guarantees, and insurance to support the export of American goods and services without interruption. This measure was designed to maintain stability for U.S. businesses and workers involved in international trade while Congress negotiated a longer-term renewal of the agency’s charter.
AI-generated summary
Lifecycle of the Bill
No events recorded for this stage yet.