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To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States

Act Details

To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States was a proposal (now, a piece of legislation) introduced on 1999-07-20 in the House of Commons and Senate respectively of the 106 United States Congress by James Albert Smith Leach in relation with: Administrative procedure, Commerce, Corporation directors, Export credit, Export finance, Export subsidies, Export-Import Bank of the United States, Federal officials, Finance and financial sector, Foreign trade and international finance, Government corporations, Government operations and politics, Law.

To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States became law (1) in the United States on 1999-08-11. It was referred to the following Committee(s): (2)

House Banking and Financial Services (HSBA)
Senate Banking Housing and Urban Affairs (SSBK)

Sponsor

James Albert Smith Leach, member of the US congress
James Albert Smith Leach, Republican, Representative from Iowa, district 1

The proposal had the following cosponsors:

Herbert Leon (sonny) Callahan, Republican, Representative, from Alabama, district 1
Donald Manzullo, Representative, from Illinois, district 16
Jack Metcalf, Republican, Representative, from Washington, district 2

Act Overview

Number: 2565 (3)
Official Title as Introduced: To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States (4)
Date First Introduced: 1999-07-20
Sponsor Name: Jack Metcalf
Assignment Process: See Committe Assignments (5)
Latest Major Activity/Action: Enacted
Date Enacted (signed, in general (6), by President): 1999-08-11
Type: hr (7)
Main Topic: Finance and financial sector
Related Bills: (8)
Summary of To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States: Govtrack. Authored by the Congressional Research Service (CRS) of the Library of Congress.
Primary Source: Congress Website

Text of the To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States

Amends the Export-Import Bank Act of 1945 to provide that a quorum of the Board of Directors of the Export-Import Bank of the United States shall consist of at least three members (currently a majority). States that if between July 21 and October 1 1999 fewer than three persons hold office on such Board the entire Board membership shall constitute a quorum until the end of such period.

Analysis

No analysis (criticism, advocacy, etc.) about To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States submitted yet.
Administrative procedure
Commerce
Corporation directors
Export credit
Export finance
Export subsidies
Export-Import Bank of the United States
Federal officials
Finance and financial sector
Foreign trade and international finance
Government corporations
Government operations and politics
Law

Bill Notes

[Note 1] An Act (like To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States) or a resolution cannot become a law in the United States until it has been approved (passed) in identical form by both the House of Representatives and the Senate, as well as signed by the President (but see (5)). If the two bodys of the Congress versions of a bill are not identical, one of the bodies might decide to take a further vote to adopt the bill (see more about the Congress process here). An Act may be pass in identical form with or without amendments and with or without conference. (see more about Enrollment).
[Note 2] Proposals are referred to committees for preliminary consideration, then debated, amended, and passed (or rejected) by the full House or Senate. To prevent endless shuttling of bills between the House and Senate, bills like To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States are referred to joint committees made up of members of both houses.
[Note 3] For more information regarding this legislative proposal, go to THOMAS, select “Bill Number,” search on (To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States)
[Note 4] To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States. The current official title of a bill is always present, assigned at introduction (for example, in this case, on 1999-07-20) and can be revised any time. This type of titles are sentences.
[Note 5] The Act is referred to the appropriate committee by the Speaker of any of the two Houses. Bills are placed on the calendar of the committee to which they have been assigned. See Assignment Process.
[Note 6] Regarding exceptions to President´s approval, a bill that is not signed (returned unsigned) by the President can still become law if at lest two thirds of each of the two bodys of the Congress votes to pass it, which is an infrequent case. See also Presidential Veto.
[Note 7] Legislative Proposal types can be: hr, hres, hjres, hconres, s, sres, sjres, sconres. An Act originating in the Senate is designated by the letter “S”, and a bill originating from the House of Representatives begins with “H.R.”, followed, in both cases, by its individual number which it retains throughout all its parliamentary process.
[Note 8] For information regarding related bill/s to To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States, go to THOMAS.

To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States

To clarify the quorum requirement for the Board of Directors of the Export-Import Bank of the United States