INCREASE IN AGGREGATE LOAN, GUARANTEE, AND INSURANCE AUTHORITY.

SEC. 109. INCREASE IN AGGREGATE LOAN, GUARANTEE, AND INSURANCE AUTHORITY. (a) Fees and Premiums.—Section 2(c)(1) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(c)(1)) is amended to read as follows: “(1) The Bank shall charge fees and premiums commensurate, in the judgment of the Bank, with risks covered in connection with the contractual liability that the Bank incurs for guarantees, insurance, coinsurance, and reinsurance against political and credit risks of loss.” (b) Aggregate Authority.—Section 7 of the Export-Import Bank Act of 1945 (12 U.S.C. 635e) is amended— (1) by striking “Sec. 7. (a)(1)” and inserting the following: “SEC. 7. AGGREGATE LOAN, GUARANTEE, AND INSURANCE AUTHORITY. “(a) Limitation on Outstanding Amounts.—”; (2) in subsection (a)— (A) by striking paragraph (3); and (B) by striking “$40,000,000,000” and inserting “$75,000,000,000”; and (3) in subsection (a)(2)— (A) by striking “(2)(A)(i)” and inserting the following: “(b) Presidential Determination.— “(1) In general.—”; (B) by striking “(I)” and inserting “(A)”; (C) by striking “(II)” and inserting “(B)”; (D) by striking “(III)” and inserting “(C)”; (E) by striking “(ii) Not later than” and inserting the following: “(2) Report.— Not later than”; (F) by striking “(B)(i)” and inserting the following: “(3) Request for legislation.— “(A) In general.—; and (G) by striking “(ii)” and inserting the following: “(B) Continued availability of authority.—”.