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Export-Import Bank Amendments of 1974

Public Law 93-646 · H.R. 15977 · 93rd Congress · began in the House

Signed by Gerald Ford (R) on Jan 4, 1975 · Foreign Trade and International Finance

Sponsor: Rep. Thomas Ashley (D-OH-9)

Cosponsors (10): Rep. Thomas Rees,

Passage votesYeaNay

  • HouseRecorded vote: 280 yea, 96 nay280–96
  • SenateRecorded vote: 71 yea, 24 nay71–24
Data notes

The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.

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Summary

The Congressional Research Service’s plain-language summary of what the law does.

Export-Import Bank Amendments - Adds to the powers of the Export-Import Bank the power to guarantee, insure, coinsure, and reinsure against political and credit risks of loss.

Revises the Export-Import Bank to provide that the Bank may offer guarantees, insurance, and extensions of credit.

Directs the Bank, in cooperation with comparable institutions of foreign governments, to minimize competition in Government-sponsored export financing.

Directs the Bank to advise small businesses of opportunities offered by the Bank.

Requires that if the Bank, under the authority of the President, extends credit or guarantees to a communist country, the President shall separately determine for each transaction over $50,000,000 whether it serves the national interest.

Grants the Congress an opportunity to disapprove Bank transactions exceeding $60,000,000.

Allows 25 percent of the Bank's outstanding amounts to be guarantees and insurance against political and credit risks of loss. Changes the total allowable outstanding amount at any one time from $20,000,000,000 to $25,000,000,000.

Terminates the Bank's functions on June 30, 1978.

Describes the contents of reports the Bank must file with the Congress.

Prohibits the extension of any loan, guarantee, insurance or credit by the Export-Import Bank of the United States to the Union of Soviet Socialist Republics until such time as the Trade Reform Act becomes law.

Removes the exclusion of receipts and expenditures of the Export-Import Bank from the unified budget totals effective September 30, 1976.

Who voted for it

Every House member of the 93rd Congress on the ideology compass. Highlighted: the 288 who voted yea on final passage. Faded: everyone else, including those who voted nay, did not vote, or had not yet taken office.

288 yea104 nay42 present or did not vote

Dimension 2
Economic left–right
More liberalMore conservative

Democrats who voted yea(166)

  • Rep. John ConyersD-MI-1
  • Rep. Ronald DellumsD-CA-7
  • Rep. Pete StarkD-CA-8
  • Rep. Don EdwardsD-CA-9
  • Rep. John MossD-CA-3
  • Rep. Bella AbzugD-NY-20
  • Rep. Edward RoybalD-CA-30
  • Rep. Herman BadilloD-NY-21
  • Rep. Louis StokesD-OH-21
  • Rep. Robert EckhardtD-TX-8
  • Rep. Bill ClayD-MO-1
  • Rep. Robert KastenmeierD-WI-2
  • Rep. Parren MitchellD-MD-7
  • Rep. John BurtonD-CA-6
  • Rep. Charlie RangelD-NY-19
  • Rep. Patricia SchroederD-CO-1
  • Rep. Shirley ChisholmD-NY-12
  • Rep. Jerome WaldieD-CA-14
  • Rep. Ralph MetcalfeD-IL-1
  • Rep. Andrew YoungD-GA-5
  • Rep. Henry GonzálezD-TX-20
  • Rep. William FordD-MI-15
  • Rep. Benjamin RosenthalD-NY-8
  • Rep. Michael HarringtonD-MA-6
  • Rep. Leo RyanD-CA-11
  • Rep. Yvonne BurkeD-CA-37
  • Rep. Glenn AndersonD-CA-35
  • Rep. Patsy MinkD-HI-2
  • Rep. Barbara JordanD-TX-18
  • Rep. George BrownD-CA-38
  • Rep. Cardiss CollinsD-IL-7
  • Rep. Frank ThompsonD-NJ-4
  • Rep. Robert NixD-PA-2
  • Rep. Floyd HicksD-WA-6
  • Rep. Charles DiggsD-MI-13
  • Rep. Charles WilsonD-CA-31
  • Rep. James O’HaraD-MI-12
  • Rep. Lucien NedziD-MI-14
  • Rep. William BarrettD-PA-1
  • Rep. Henry HelstoskiD-NJ-9
  • Rep. Lloyd MeedsD-WA-2
  • Rep. John BrademasD-IN-3
  • Rep. James CormanD-CA-22
  • Rep. Teno RoncalioD-WY
  • Rep. George DanielsonD-CA-29
  • Rep. Donald FraserD-MN-5
  • Rep. Robert LeggettD-CA-4
  • Rep. Richard Vander VeenD-MI-5
  • Rep. Robert DrinanD-MA-4
  • Rep. William LehmanD-FL-13
  • Rep. Dante FascellD-FL-15
  • Rep. Robert TiernanD-RI-2
  • Rep. Tip O’NeillD-MA-8
  • Rep. James BurkeD-MA-11
  • Rep. Joshua EilbergD-PA-4
  • Rep. Henry ReussD-WI-5
  • Rep. Paul SarbanesD-MD-3
  • Rep. Edward KochD-NY-18
  • Rep. Spark MatsunagaD-HI-1
  • Rep. James HowardD-NJ-3
  • Rep. Joseph AddabboD-NY-7
  • Rep. Dave ObeyD-WI-7
  • Rep. Thomas ReesD-CA-26
  • Rep. Chester HolifieldD-CA-19
  • Rep. Gerry StuddsD-MA-12
  • Rep. John BlatnikD-MN-8
  • Rep. William GreenD-PA-3
  • Rep. Thomas LukenD-OH-1
  • Rep. Jack BrooksD-TX-9
  • Rep. Leslie AspinD-WI-1
  • Rep. Mike McCormackD-WA-4
  • Rep. Sidney YatesD-IL-9
  • Rep. Douglas OwensD-UT-2
  • Rep. Harold JohnsonD-CA-2
  • Rep. Ray MaddenD-IN-1
  • Rep. James WrightD-TX-12
  • Rep. John McFallD-CA-15
  • Rep. Peter RodinoD-NJ-10
  • Rep. Claude PepperD-FL-14
  • Rep. Fernand St. GermainD-RI-1
  • Rep. Edward MezvinskyD-IA-1
  • Rep. Peter KyrosD-ME-1
  • Rep. Frank AnnunzioD-IL-11
  • Rep. Charles WilsonD-TX-2
  • Rep. John MurphyD-NY-17
  • Rep. Leonor SullivanD-MO-3
  • Rep. Robert BerglandD-MN-7
  • Rep. Thomas FoleyD-WA-5
  • Rep. Charles PriceD-IL-23
  • Rep. Morris UdallD-AZ-2
  • Rep. Bernice SiskD-CA-16
  • Rep. John KluczynskiD-IL-5
  • Rep. Thomas MorganD-PA-22
  • Rep. Gillis LongD-LA-8
  • Rep. William MoorheadD-PA-14
  • Rep. Mario BiaggiD-NY-10
  • Rep. Richard BollingD-MO-5
  • Rep. Morgan MurphyD-IL-2
  • Rep. Harold DonohueD-MA-3
  • Rep. Dominick DanielsD-NJ-14
  • Rep. Lionel Van DeerlinD-CA-41
  • Rep. Abraham KazenD-TX-23
  • Rep. Joseph VigoritoD-PA-24
  • Rep. Lindy BoggsD-LA-2
  • Rep. Robert MollohanD-WV-1
  • Rep. Frederick RooneyD-PA-15
  • Rep. Robert JonesD-AL-5
  • Rep. Daniel FloodD-PA-11
  • Rep. Carl PerkinsD-KY-7
  • Rep. Edward PattenD-NJ-15
  • Rep. Robert RoeD-NJ-8
  • Rep. Neal SmithD-IA-4
  • Rep. John YoungD-TX-14
  • Rep. Clement ZablockiD-WI-4
  • Rep. Daniel RostenkowskiD-IL-8
  • Rep. Frank ClarkD-PA-25
  • Rep. William CotterD-CT-1
  • Rep. Lester WolffD-NY-6
  • Rep. John SlackD-WV-3
  • Rep. Joseph MinishD-NJ-11
  • Rep. Robert GiaimoD-CT-3
  • Rep. William NatcherD-KY-2
  • Rep. Thomas AshleyD-OH-9
  • Rep. Kika de la GarzaD-TX-15
  • Rep. John CulverD-IA-2
  • Rep. John MurthaD-PA-12
  • Rep. James HanleyD-NY-32
  • Rep. James DelaneyD-NY-9
  • Rep. Koln McKayD-UT-1
  • Rep. Ray ThorntonD-AR-4
  • Rep. Edward BolandD-MA-2
  • Rep. John BreauxD-LA-7
  • Rep. John RoushD-IN-4
  • Rep. Sam GibbonsD-FL-7
  • Rep. Albert UllmanD-OR-2
  • Rep. Richard WhiteD-TX-16
  • Rep. John BreckinridgeD-KY-6
  • Rep. William RoyD-KS-2
  • Rep. Otis PikeD-NY-1
  • Rep. Robert StephensD-GA-10
  • Rep. Lunsford PreyerD-NC-6
  • Rep. Ike AndrewsD-NC-4
  • Rep. Olin TeagueD-TX-6
  • Rep. Lee HamiltonD-IN-9
  • Rep. James StantonD-OH-20
  • Rep. Robert CaseyD-TX-22
  • Rep. David HendersonD-NC-3
  • Rep. Romano MazzoliD-KY-3
  • Rep. Walter FlowersD-AL-7
  • Rep. Samuel StrattonD-NY-28
  • Rep. David BowenD-MS-2
  • Rep. Thomas GettysD-SC-5
  • Rep. Don FuquaD-FL-2
  • Rep. George MahonD-TX-19
  • Rep. Otto PassmanD-LA-5
  • Rep. Roy TaylorD-NC-11
  • Rep. William PoageD-TX-11
  • Rep. Jack BrinkleyD-GA-3
  • Rep. Robert SikesD-FL-1
  • Rep. Lawrence FountainD-NC-2
  • Rep. Thomas DowningD-VA-1
  • Rep. James MannD-SC-4
  • Rep. Dale MilfordD-TX-24
  • Rep. Joseph WaggonnerD-LA-4
  • Rep. Ovie FisherD-TX-21
  • Rep. Omar BurlesonD-TX-17

Republicans who voted yea(121)

  • Rep. Donald RiegleR-MI-7
  • Rep. Charles WhalenR-OH-3
  • Rep. Margaret HecklerR-MA-10
  • Rep. Gilbert GudeR-MD-8
  • Rep. Robert SteeleR-CT-2
  • Rep. Peter PeyserR-NY-23
  • Rep. Edward BiesterR-PA-8
  • Rep. Paul CroninR-MA-5
  • Rep. Mark AndrewsR-ND
  • Rep. Joseph McDadeR-PA-10
  • Rep. Silvio ConteR-MA-1
  • Rep. Pete McCloskeyR-CA-17
  • Rep. John StantonR-OH-11
  • Rep. Frank HortonR-NY-34
  • Rep. Ronald SarasinR-CT-5
  • Rep. Stewart McKinneyR-CT-4
  • Rep. Benjamin GilmanR-NY-26
  • Rep. Charles MosherR-OH-13
  • Rep. William WidnallR-NJ-7
  • Rep. William CohenR-ME-2
  • Rep. William WalshR-NY-33
  • Rep. Thomas RailsbackR-IL-19
  • Rep. Marvin EschR-MI-2
  • Rep. Hamilton FishR-NY-25
  • Rep. Donald MitchellR-NY-31
  • Rep. Henry HeinzR-PA-18
  • Rep. Joel PritchardR-WA-1
  • Rep. Robert CoughlinR-PA-13
  • Rep. Elwood HillisR-IN-5
  • Rep. Charles ThoneR-NE-1
  • Rep. John HammerschmidtR-AR-3
  • Rep. Pierre du PontR-DE
  • Rep. James AbdnorR-SD-2
  • Rep. Garner ShriverR-KS-4
  • Rep. John AndersonR-IL-16
  • Rep. Tennyson GuyerR-OH-4
  • Rep. Norman LentR-NY-4
  • Rep. Lawrence WilliamsR-PA-7
  • Rep. Edward MadiganR-IL-21
  • Rep. Vernon ThomsonR-WI-3
  • Rep. Guy Vander JagtR-MI-9
  • Rep. Jim JohnsonR-CO-4
  • Rep. Joe SkubitzR-KS-5
  • Rep. Lawrence HoganR-MD-5
  • Rep. Albert QuieR-MN-1
  • Rep. James ClevelandR-NH-2
  • Rep. Dick ShoupR-MT-1
  • Rep. Thad CochranR-MS-4
  • Rep. Larry WinnR-KS-3
  • Rep. George WhitehurstR-VA-2
  • Rep. James BroyhillR-NC-10
  • Rep. Bob WilsonR-CA-40
  • Rep. Albert JohnsonR-PA-23
  • Rep. Manuel LujánR-NM-1
  • Rep. Alan SteelmanR-TX-5
  • Rep. Philip RuppeR-MI-11
  • Rep. Louis FreyR-FL-9
  • Rep. Ralph RegulaR-OH-16
  • Rep. John BuchananR-AL-6
  • Rep. Dan KuykendallR-TN-8
  • Rep. Samuel YoungR-IL-10
  • Rep. Burt TalcottR-CA-12
  • Rep. Edwin ForsytheR-NJ-6
  • Rep. Jack EdwardsR-AL-1
  • Rep. Charles GubserR-CA-10
  • Rep. Vinegar Bend MizellR-NC-5
  • Rep. William BroomfieldR-MI-19
  • Rep. Paul FindleyR-IL-20
  • Rep. Victor VeyseyR-CA-43
  • Rep. Elford CederbergR-MI-10
  • Rep. Robert BaumanR-MD-1
  • Rep. George O’BrienR-IL-17
  • Rep. Charles ChamberlainR-MI-6
  • Rep. John DellenbackR-OR-4
  • Rep. John McCollisterR-NE-2
  • Rep. Stanford ParrisR-VA-8
  • Rep. Clarence BrownR-OH-7
  • Rep. Henry SmithR-NY-36
  • Rep. John RhodesR-AZ-1
  • Rep. Delbert LattaR-OH-5
  • Rep. Marjorie HoltR-MD-4
  • Rep. Richard MallaryR-VT
  • Rep. William FrenzelR-MN-3
  • Rep. Howard RobisonR-NY-27
  • Rep. Robert HanrahanR-IL-3
  • Rep. Edward DerwinskiR-IL-4
  • Rep. Floyd SpenceR-SC-2
  • Rep. Robert McCloryR-IL-13
  • Rep. Manley ButlerR-VA-6
  • Rep. Robert DanielR-VA-4
  • Rep. Keith SebeliusR-KS-1
  • Rep. Harold FroehlichR-WI-8
  • Rep. Clair BurgenerR-CA-42
  • Rep. Earl RuthR-NC-8
  • Rep. Garry BrownR-MI-3
  • Rep. Robert McEwenR-NY-30
  • Rep. Wiley MayneR-IA-6
  • Rep. Edward YoungR-SC-6
  • Rep. Jack KempR-NY-38
  • Rep. John ErlenbornR-IL-14
  • Rep. John WydlerR-NY-5
  • Rep. John WareR-PA-5
  • Rep. James MartinR-NC-9
  • Rep. William SteigerR-WI-6
  • Rep. Leslie ArendsR-IL-15
  • Rep. Peter FrelinghuysenR-NJ-5
  • Rep. Barry GoldwaterR-CA-27
  • Rep. Chalmers WylieR-OH-15
  • Rep. Robert LagomarsinoR-CA-13
  • Rep. David MartinR-NE-3
  • Rep. Clarence MillerR-OH-10
  • Rep. David TreenR-LA-3
  • Rep. William ArmstrongR-CO-5
  • Rep. Barber ConableR-NY-35
  • Rep. Herman SchneebeliR-PA-17
  • Rep. Charles WigginsR-CA-25
  • Rep. Craig HosmerR-CA-32
  • Rep. Robert MichelR-IL-18
  • Rep. David DennisR-IN-10
  • Rep. Bill ArcherR-TX-7
  • Rep. James CollinsR-TX-3
Data notes

The House’s recorded vote on the final version of the law (roll call 1067 in Voteview), matched to the vote the record cites and checked against its totals. Positions are each member’s DW-NOMINATE score for that Congress, as on the Ideology page; left to right is more liberal to more conservative. Paired and announced yea votes count as yea. Lists follow the compass, most liberal first. 1 yea vote was cast by members of neither major party and is highlighted on the compass but not listed. A name links to a profile only for members of the current Congress. A law passed by voice vote or unanimous consent has no member list, and neither does a vote Voteview has not yet recorded.

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Committees

The committees the bill was sent to, and what each did with it.

Data notes

A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.

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Timeline

From introduction to signing, newest first: the committees, the floor and the president. 40 actions.

  1. Jan 4, 1975Became lawBecame law · Signed by President.
  2. PresidentPresident · Public law 93-646.
  3. Dec 30, 1974PresidentPresident · Measure presented to President.
  4. Dec 19, 1974Resolving differencesResolving differences · Senate agreed to conference report, roll call #575 (71-24).Senate roll call 575
  5. Resolving differencesResolving differences · Conference report agreed to in Senate: Senate agreed to conference report, roll call #575 (71-24).Senate roll call 575
  6. Dec 18, 1974Resolving differencesResolving differences · House agreed to conference report, roll call #711 (280-96).House roll call 711
  7. Resolving differencesResolving differences · Conference report agreed to in House: House agreed to conference report, roll call #711 (280-96).House roll call 711
  8. Resolving differencesResolving differences · Conference report filed in House, H. Rept. 93-1633.
  9. Resolving differencesResolving differences · Conference report filed: Conference report filed in House, H. Rept. 93-1633.
  10. Dec 17, 1974FloorFloor · Provisions as agreed to in Conference inserted in H. R. 17556.
  11. Dec 16, 1974FloorFloor · Motion to recommit conference report to the Committee of Conference passed Senate, roll call #550 (87-2).Senate roll call 550
  12. FloorFloor · Cloture motion failed of passage in Senate (Second Motion), roll call #546 (54-34).Senate roll call 546
  13. Dec 14, 1974FloorFloor · Motion to recommit conference report to the Committee of Conference rejected in Senate, roll call #544 (41-43).Senate roll call 544
  14. FloorFloor · Cloture motion failed of passage in Senate (First Motion), roll call #543 (49-35).Senate roll call 543
  15. FloorFloor · Cloture motion filed in Senate on second conference report (Third Motion).
  16. Dec 13, 1974FloorFloor · Cloture motion filed in Senate on second conference report (Second Motion).
  17. Dec 12, 1974Resolving differencesResolving differences · Conference report filed in Senate, S. Rept. 93-1335.
  18. Resolving differencesResolving differences · Conference report filed: Conference report filed in Senate, S. Rept. 93-1335.
  19. Resolving differencesResolving differences · Conference report filed in House, H. Rept. 93-1582.
  20. Resolving differencesResolving differences · Conference report filed: Conference report filed in House, H. Rept. 93-1582.
  21. FloorFloor · Cloture motion filed in Senate on second conference report.
  22. Dec 9, 1974Resolving differencesResolving differences · Conference scheduled in House.
  23. Dec 4, 1974Resolving differencesResolving differences · Conference further scheduled in Senate.
  24. FloorFloor · Motion to table conference report passed Senate, roll call #516 (84-8).Senate roll call 516
  25. FloorFloor · Cloture motion failed of passage in Senate (Second Motion), roll call #515 (48-44).Senate roll call 515
  26. Dec 3, 1974FloorFloor · Cloture motion filed in Senate on Conference Report (Third Motion).
  27. FloorFloor · Cloture motion failed of passage in Senate (First Motion), roll call #512 (51-39).Senate roll call 512
  28. Dec 2, 1974FloorFloor · Cloture motion filed in Senate on Conference Report (Second Motion).
  29. Nov 26, 1974FloorFloor · Cloture motion filed in Senate on Conference Report.
  30. Nov 20, 1974Resolving differencesResolving differences · House agreed to conference report.
Data notes

Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.

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Official record

The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.