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HR 3158 103th Congress House Foreign Trade and International Finance American military assistance Arms sales Australia Export finance Export-Import Bank of the United States Japan Military education Military training NATO countries New Zealand

Defense Competitiveness Act of 1993

Introduced: September 28, 1993 See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 18, 1993
Referred to the Subcommittee on International Development, Finance, Trade and Monetary Policy.
Oct 12, 1993
Referred to the Subcommittee on International Security, International Organizations and Human Rights.
Oct 12, 1993
Referred to the Subcommittee on Economic Policy, Trade and Environment.
Sep 28, 1993
Referred to the House Committee on Foreign Affairs.
Sep 28, 1993
Referred to the House Committee on Banking, Finance + Urban Affrs.
Sep 28, 1993
Introduced in House
 Plain-English summary Congressional Research Service

Defense Competitiveness Act of 1993 - Amends the Export-Import Bank Act of 1945 to permit the Export-Import Bank, for a five-year period, to finance the sale of defense articles or services to a qualified country if a U.S. company and a foreign entity are competing for the sale. (Currently, the Bank is prohibited from financing such sales.)

Defines a "qualified country" as Japan, any member of NATO (other than the United States), and any party to the security treaty (ANZUS Pact) between Australia, New Zealand, and the United States (other than the United States).

Limits the amount of financing provided in any fiscal year.

Repeals provisions of the Foreign Assistance Act of 1961 concerning the international military education and training program.

What's happening now October 18, 1993

Referred to the Subcommittee on International Development, Finance, Trade and Monetary Policy.

 Committees of jurisdiction 5
 Cosponsors 1
All 1 Democratic 1