A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt.

Q: What does Preamble of A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt. do?

This bill aims to restrict the Export-Import Bank of the United States from providing financing. The restriction applies to individuals or entities with seriously delinquent tax debt.

Q: What does PROHIBITION ON FINANCING BY EXPORT-IMPORT BANK OF THE UNITED of A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt. do?

This section amends the Export-Import Bank Act of 1945 to prohibit the Bank from providing financing to individuals or entities with seriously delinquent tax debt. The Bank will determine if a person has seriously delinquent tax debt using information from the System for Award Management and in consultation with the Commissioner of Internal Revenue. The President can waive this prohibition under urgent and compelling circumstances affecting U.S. interests, but must report the rationale to specified congressional committees within 30 days. “Seriously delinquent tax debt” is defined as a Federal tax liability that can be collected by the Secretary of the Treasury, excluding debts being paid under agreements or with pending collection hearings or levies. The prohibition does not apply to debts being paid in a timely manner, debts with pending collection hearings, or debts subject to continuous levies.

Last updated: 4/15/2026 · Introduced: 4/15/2026

Author: John Kennedy (R-LA)

TL;DR (AI)

This bill amends the Export-Import Bank Act to prevent the Bank from providing financing to individuals or entities with seriously delinquent tax debt.
The bill defines 'seriously delinquent tax debt' as a Federal tax liability that can be collected by the Secretary of the Treasury, excluding debts under payment agreements or with pending collection actions.
The President can waive the financing prohibition under urgent and compelling circumstances, but must report the rationale to Congress.

119th Congressin committeeOfficial page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, prohibition on financing by export-import bank of the united.

2 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account