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H.R. 1431 100th Congress House

Export Trading Company Amendments Act of 1987

Official title: A bill to amend the Export Trading Company Act of 1982, the Bank Holding Company Act of 1956, and the Federal Reserve Act with respect to export trading companies.

Introduced: March 5, 1987 See on congress.gov
Foreign Trade and International Finance Bank holding companiesExport trading companiesExportsFederal Reserve System
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Finance and Financial SectorForeign Trade and InvestmentsForeign trade promotionGovernment Operations and PoliticsGovernment paperworkGovernment records, documents, and information
This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 31, 1987
Referred to Subcommittee on Monopolies and Commercial Law.
Mar 23, 1987
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Mar 10, 1987
Referred to Subcommittee on International Economic Policy and Trade.
Mar 5, 1987
Referred to House Committee on The Judiciary.
Mar 5, 1987
Referred to House Committee on Foreign Affairs.
Mar 5, 1987
Referred to House Committee on Banking, Finance and Urban Affairs.
Mar 5, 1987
Introduced in House
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 Latest action March 31, 1987

Referred to Subcommittee on Monopolies and Commercial Law.

 Plain-English summary Congressional Research Service

Export Trading Company Amendments Act of 1987 - Amends the Export Trading Company Act of 1982 to require the Secretary of Commerce, not later than one year after enactment of this Act and annually thereafter, to submit a report to the Congress on Department of Commerce activities to promote the formation of export trade associations and export trading companies. Requires the report to include a survey of the activities of export management companies and export trade associations, as well as an analysis of the operating experiences of those export trading companies established under this Act.

Amends the Bank Holding Company Act of 1956 to revise the definition of "export trading company."

Amends the Federal Reserve Act to exempt transactions of export trading companies with their affiliates from provisions of the Act relating to bank restrictions on loans and other transactions with affiliates.

Amends the Bank Holding Company Act of 1956 to prohibit the Board of Governors of the Federal Reserve System from disapproving a proposed investment solely on the basis of the proposed assets to equity ratio of an export trading company unless the proposed annual average ratio is greater than 25 to one. Prohibits the Board from imposing, by regulation, a dollar limit on the amount of goods which export trading companies may maintain in inventory. Permits the Board to impose, by order, a dollar limit on the amount of goods an export trading company may maintain in inventory after such company has been operating for a reasonable period of time if it finds that such limit is necessary to prevent risks that would affect the financial or managerial resources of an investor bank holding company to an extent which is likely to have a materially adverse effect on the soundness of any subsidiary bank of such bank holding company.

 Committees of jurisdiction 4
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APA
U.S. Congress. (2026). H.R. 1431: Export Trading Company Amendments Act of 1987. 100th Congress. Open America. https://openamerica.io/bill/100-HR-1431/
MLA
"H.R. 1431: Export Trading Company Amendments Act of 1987." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-1431/.
Bluebook (legal)
H.R. 1431, 100th Cong. (2026), https://openamerica.io/bill/100-HR-1431/.
Markdown link
[H.R. 1431: Export Trading Company Amendments Act of 1987](https://openamerica.io/bill/100-HR-1431/)
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