H.R. 10165

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 10165 Introduced in House (IH)]
<DOC>
119th CONGRESS
  2d Session
                               H. R. 10165
To permanently reform quorum requirements for the Board of Directors of
  the Export-Import Bank of the United States to ensure continuity of
                              operations.
_______________________________________________________________________
                    IN THE HOUSE OF REPRESENTATIVES
                            August 27, 2026
 Mr. Lawler (for himself and Mr. Gottheimer) introduced the following
    bill; which was referred to the Committee on Financial Services
_______________________________________________________________________
                                 A BILL
To permanently reform quorum requirements for the Board of Directors of
  the Export-Import Bank of the United States to ensure continuity of
                              operations.
    Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
    This Act may be cited as the ``EXIM Bank Continuity in
Competitiveness Act''.
SEC. 2. REFORMATION OF QUORUM REQUIREMENTS FOR THE BOARD OF DIRECTORS
              OF THE EXPORT-IMPORT BANK OF THE UNITED STATES.
    Section 3(c)(6)(B) of the Export-Import Bank Act of 1945 (12 U.S.C.
635a(c)(6)) is amended--
            (1) in clause (i), by striking ``120'' and inserting
        ``60''; and
            (2) by striking clause (vi) and inserting the following:
                            ``(vi) The temporary Board shall expire
                        when the individual serving as President of the
                        United States at the time the temporary Board
                        was constituted is succeeded in office by
                        another individual or upon restoration of a
                        quorum of the Board of Directors as defined in
                        subparagraph (A).''.
SEC. 3. CONFORMING AMENDMENT.
    Section 409 of division I of the Further Consolidated
Appropriations Act, 2020 (12 U.S.C. 635a note; Public Law 116-94) is
amended by striking subsection (b).
SEC. 4. EFFECTIVE DATE.
    The amendments made by this Act shall take effect on December 31,
2026.
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