House Action Tees Up Oct. 27 Vote on Ex-Im Reauthorization
The House is set to vote on legislation, HR-597 (here), on Oct. 27 to reauthorize the Export-Import Bank through 2019 after a bipartisan group of House lawmakers, including 62 Republicans, backed a rarely-used procedural mechanism the day before to force…
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a vote on the underlying bill. No Democrats opposed the legislation, and House Minority Whip Steny Hoyer, D-Md., praised bipartisan support for the credit agency on the House floor. A “discharge petition” earlier in October paved the way for the series of votes on Ex-Im (see 1510140015). The Exporters for Ex-Im, an association of business that has led the charge for reauthorization, also applauded the legislative movement. “We urge the House to finish its work on this critical issue and ensure that the Ex-Im Bank reauthorization is signed into law as soon as possible to help manufacturers and workers nationwide," the group said. Should the legislation pass the House, the Senate would still have to follow suit in order to reauthorize the credit agency.