Neutralizing Unfair Chinese Export Subsidies Act of 2025

Today's wording of each part of the law, with what would be struck out and added. Each change also gives the bill's own instruction, word for word.

1. 12 U.S.C. 635a-5(a)(1)changedby H.R. 4522 Sec. 2(b)

   The bill says: Section 11(a)(1) of the Export-Import Bank Reauthorization Act of 2012 (12 U.S.C. 635a–5(a)(1)) is amended by striking "with the possible goal of eliminating, before the date that is 10 years after the date of the enactment of the Export-Import Bank Reform and Reauthorization Act of 2015," and inserting "with the goal of eliminating, before the date that is 10 years after the date of the enactment of the Neutralizing Unfair Chinese Export Subsidies Act of 2025".

   Bill text · Current law (12 U.S.C. 635a-5)

2. 12 U.S.C. 635a-5(e)changedby H.R. 4522 Sec. 2(b)

   (e) Annual reports on progress of negotiations. Not later than 180 days after December 4, 2015, and annually thereafter through calendar year 20192029, the President shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report on the progress of any negotiations described in subsection (d).

   The bill says: Section 11(e) of such Act (12 U.S.C. 635a–5(e)) is amended by striking "2019" and inserting "2029".

   Bill text · Current law (12 U.S.C. 635a-5)

3. 12 U.S.C. 635a-5changedby H.R. 4522 Sec. 2(b)

   (a) In general. The PresidentThe Secretary of the Treasury, in consultation with the United States Trade Representative, shall initiate and pursue negotiations— (1) with other major exporting countries, including members of the Organisation for Economic Co-operation and Development (in this section referred to as the "OECD") and non-OECD members, to…

   The bill says: in each of subsections (a) and (d), by striking "The President" and inserting "The Secretary of the Treasury, in consultation with the United States Trade Representative,";

   Bill text · Current law (12 U.S.C. 635a-5)

4. 12 U.S.C. 635a-5(a)changedby H.R. 4522 Sec. 2(b)

   (a) In general. The President shall initiate and pursue , and endeavor to hold not less frequently than twice per year, negotiations— (1) with other major exporting countries, including members of the Organisation for Economic Co-operation and Development (in this section referred to as the "OECD") and non-OECD members, to substantially reduce, with the…

   The bill says: in subsection (a), by inserting ", and endeavor to hold not less frequently than twice per year," before "negotiations";

   Bill text · Current law (12 U.S.C. 635a-5)

5. 12 U.S.C. 635a-5changedby H.R. 4522 Sec. 2(b)

   (a) In general. The PresidentSecretary of the Treasury shall initiate and pursue negotiations— (1) with other major exporting countries, including members of the Organisation for Economic Co-operation and Development (in this section referred to as the "OECD") and non-OECD members, to substantially reduce, with the possible goal of eliminating, before the date that is 10 years after December 4, 2015,,1 subsidized export financing programs and other forms of export subsidies; and (2) with all countries that finance air carrier aircraft with funds from a state-sponsored entity, to substantially reduce, with the ultimate goal of eliminating, aircraft export credit financing for all aircraft covered by the 2007 Sector Understanding on Export Credits for Civil Aircraft (in this section referred to as the "ASU"), including any modification thereof, and all of the following types of aircraft: (A) Heavy aircraft that are capable of a takeoff weight of 300,000 pounds or more, whether or not operating at such a weight during a particular phase of flight. (B) Large aircraft that are capable of a takeoff weight of more than 41,000 pounds, and have a maximum certificated takeoff weight of not more than 300,000 pounds. (C) Small aircraft that have a maximum certificated takeoff weight of 41,000 pounds or less. (b) Annual reports on progress of negotiations. Not later than 180 days after May 30, 2012, and annually thereafter, the PresidentSecretary of the Treasury shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives— (1) a report on the progress of any negotiations described in subsection (a)(1), until the PresidentSecretary of the Treasury certifies in writing to the committees that all countries that support subsidized export financing programs have agreed to end the support; and (2) a report on the progress of any negotiations described in subsection (a)(2), including the progress of any negotiations with respect to each classification of aircraft set forth in subsection (a)(2), until the PresidentSecretary of the Treasury certifies in writing to the committees that all countries that support subsidized export financing programs have agreed to end the support of aircraft covered by the ASU. (c) Report on strategy. Not later than 180 days after December 4, 2015, the PresidentSecretary of the Treasury shall submit to Congress a proposal, and a strategy for achieving the proposal, that the United States Government will pursue with other major exporting countries, including OECD members and non-OECD members, to eliminate over a period of not more than 10 years subsidized export-financing programs, tied aid, export credits, and all other forms of government-supported export subsidies. (d) Negotiations with non-OECD members. The PresidentSecretary of the Treasury shall initiate and pursue negotiations with countries that are not OECD members to bring those countries into a multilateral agreement establishing rules and limitations on officially supported export credits. (e) Annual reports on progress of negotiations. Not later than 180 days after December 4, 2015, and annually thereafter through calendar year 2019, the PresidentSecretary of the Treasury shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report on the progress of any negotiations described in subsection (d).

   The bill says: in each of subsections (b), (c), and (e), by striking "President" each place it appears and inserting "Secretary of the Treasury"; and

   Bill text · Current law (12 U.S.C. 635a-5)

6. 12 U.S.C. 635a-5(d)changedby H.R. 4522 Sec. 2(b)

   The bill says: in subsection (d), by inserting ", and endeavor to hold such negotiations not less frequently than twice per year" before the period.

   Bill text · Current law (12 U.S.C. 635a-5)

From the bill's official text on GovInfo and the U.S. Code, 2024 edition, which may not yet show changes made since.