A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt.

This legislation proposes to restrict the Export-Import Bank of the United States from offering financing, loans, or credit guarantees to any person or entity identified as having seriously delinquent tax debt. The Export-Import Bank is a federal agency that assists in financing the export of U.S. goods and services to international markets. Under this proposal, the bank would be required to verify that potential recipients are in good standing with their federal tax obligations before approving financial support.

If enacted, the bill aims to ensure that federal financial resources are not used to subsidize individuals or companies that have failed to pay their required federal taxes. This would create a stricter eligibility standard for government-backed international trade assistance. The practical impact would be a potential reduction in the number of entities eligible for export assistance, specifically targeting those who owe significant back taxes to the Internal Revenue Service.