Pub. L. 102-429, tit. I, sec. 119

REPORT ON FINANCING OF SERVICES.

EnactedYear: 1992Length: 239 wordsOfficial source
SEC. 119. REPORT ON FINANCING OF SERVICES. (a) Report.— Not later than 1 year after the date of enactment of this Act, the Export-Import Bank of the United States (in this section referred to as the “Bank” shall submit a report to the Committee on Banking, Finance and Urban Affairs and the Committee on Foreign Affairs of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate on ways of facilitating the export financing of high technology services. (b) Contents.— The report required by subsection (a) shall include— (1) an analysis of the current export financing needs of firms dealing in high technology services; (2) an identification of the export financing support provided by commercial lenders to finance the sale of high technology services; (3) an identification of the official export credit programs in support of such exports of countries that are major partici-pants in the Organization for Economic Cooperation and Devel-opment; and (4) a review of the programs of the Bank to determine how it can meet identified market needs of firms dealing in high technology services. (c) Definition.— For purposes of this section, the term “high technology services” means industries in which above average percentages of scientists and engineers are employed, and which have the highest direct research and development expenditures per dollar of sales, including— (1) computer programming and software services; (2) data processing services; and (3) computer related services.
Pub. L. 102-429, tit. I, sec. 119: REPORT ON FINANCING OF SERVICES. | Justis AI