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HR 4302 114th Congress House

END OF AN ERA Act

Official title: To require the Secretary of the Treasury to pursue with other countries the goal of the mutual elimination of government-backed export credit agencies, and to … Show full official titleShow less

Official title: To require the Secretary of the Treasury to pursue with other countries the goal of the mutual elimination of government-backed export credit agencies, and to provide for the abolishment of the Export-Import Bank of the United States if doing so would not put the United States at a competitive disadvantage.

Introduced: December 18, 2015 See on congress.gov
Foreign Trade and International Finance Competitiveness, trade promotion, trade deficitsCongressional oversightDepartment of the TreasuryEconomic performance and conditions
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Executive agency funding and structureExport-Import Bank of the United StatesGovernment lending and loan guaranteesTrade agreements and negotiationsUnemployment
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 18, 2015
Referred to the House Committee on Financial Services.
Dec 18, 2015
Introduced in House
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 Latest action December 18, 2015

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Entering Negotiations to Dissolve Outdated Financial Agencies Nationalizing Export Related Activities or the END OF AN ERA Act

This bill directs the Department of the Treasury to seek to enter into negotiations with other countries for the mutual elimination of government-backed export credit agencies.

Treasury shall submit: (1) annual reports on progress made in arranging such negotiations, on progress made in any such negotiations, and on whether eliminating the Export-Import Bank of the United States at the time of the report would put the United States at a competitive disadvantage; and (2) a certification of any determination that the Bank can be eliminated in a way that would not put the United States at a competitive disadvantage, considering job losses and a decrease in economic activity.

After such a determination is submitted, the Bank may not accept an application for, or enter into a contract that would obligate the Bank to provide, a loan, insurance, or a guarantee or to participate in an extension of credit by another entity.

The Bank shall be abolished 180 days after Treasury submits such a certification and its functions transferred to Treasury. All such transferred functions shall terminate on the date all obligations of the Bank, and all obligations of others to the Bank, in effect immediately before the abolishment date have been satisfied.

The bill repeals the Export-Import Bank Act of 1945 and eliminates related authorizing provisions of various statutes.

 Related & companion bills 1
  • HR 1605 Related bill Export-Import Bank Termination Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 4302: END OF AN ERA Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-4302/
MLA
"H.R. 4302: END OF AN ERA Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-4302/.
Bluebook (legal)
H.R. 4302, 114th Cong. (2026), https://openamerica.io/bill/114-HR-4302/.
Markdown link
[H.R. 4302: END OF AN ERA Act](https://openamerica.io/bill/114-HR-4302/)
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