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H.R. 4863: United States Export Finance Agency Act of 2019

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H.R. 4863: United States Export Finance Agency Act of 2019

116th Congress · introduced 2019-10-28 · Foreign Trade and International Finance · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2019-10-28 · official record
  2. Who proposed it: Rep. Waters, Maxine [D-CA-43] · what a sponsor is
  3. What happened next: 8 recorded votes in our records. Latest: House roll call 617 (2019): On Agreeing to the Amendment, HR4863 (2019-11-15), Agreed to. See all
  4. Where it stands now: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

United States Export Finance Agency Act of 2019

Plain summary

United States Export Finance Agency Act of 2019 This bill reauthorizes the U.S. Export-Import Bank through FY2029 and otherwise modifies its operations. Specifically, the bill redesignates the bank as the United States Export Finance Agency and increases its lending cap over the period of its reauthorization. In the event of a quorum lapse, the bill provides for the establishment of a temporary board to act in the stead of the Board of Directors. The bill also prohibits the agency from providing financing for certain specified entities and persons involved in sanctionable activities. Additionally, the agency must establish (1) the Office of Minority and Women Inclusion to increase the participation of such groups in the agency's programs and contracts; (2) the Office of Territorial Exporting to promote the export of goods and services from U.S. territories; and (3) the Office of Financing for Renewable Energy, Energy Efficiency and Energy Storage Exports to promote exports used in the production of renewable energy resources and energy efficiency technologies. Further, the agency is authorized to (1) deem as met certain prerequisite considerations to providing competitive export financing in the case of exports likely to be supported by official financing from China; and (2) establish a program under which it may enter into arrangements (i.e., reinsurance pools) to share risks associated with the extension of credit.

Congressional Research Service summary (Passed House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

United States Export Finance Agency Act of 2019

Source: Congressional Research Service summary (Passed House)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Waters, Maxine [D-CA-43] · 22 cosponsors

Cost estimate: CBO cost estimate: H.R. 4863, United States Export Finance Agency Act of 2019 (2019-11-05)

Cosponsors on this site

Nydia M. Velázquez (D-NY), Brad Sherman (D-CA), Gregory W. Meeks (D-NY), Al Green (D-TX), Emanuel Cleaver (D-MO), Bill Foster (D-IL), Joyce Beatty (D-OH), Juan Vargas (D-CA), Stephen F. Lynch (D-MA), Alma S. Adams (D-NC), Madeleine Dean (D-PA), Sylvia R. Garcia (D-TX), Greg Stanton (D-AZ)

Sponsor's campaign money: Rep. Waters, Maxine [D-CA-43] reported raising $1.1 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Recorded votes

Words on this page, explained (3)
Authorization
A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Quorum
The minimum number of members who must be present for a body to do official business.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong116-hr4863 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116