ELIMINATION OF OUTDATED PROVISIONS.

SEC. 121. ELIMINATION OF OUTDATED PROVISIONS. (a) Amendments to Section 2.—Section 2 of the Export-Import Bank Act of 1945 (12 U.S.C. 635) is amended— (1) in subsection (a)(3)— (A) by striking “(A) In general.—”; (B) by striking subparagraph (B); and (C) by redesignating clauses (i) through (iv) as subparagraphs (A) through (D), respectively; (2) in subsection (b)(1)(A), by striking “The Bank shall also” and all that follows through the final period and inserting the following: “The Bank shall include in the annual report a description of its role in the implementation of the strategic plan prepared by the Trade Promotion Coordinating Committee in accordance with section 2312 of the Export Enhancement Act of 1988.”; (3) in subsection (b)(1)(E)(v), by striking “not less than—” and all that follows through the end of clause (v) and inserting “not less than 10 percent of such authority for each fiscal year.”; and (4) by striking subsection (f). (b) Amendment to Section 4.—Section 4 of the Export-Import Bank Act of 1945 (12 U.S.C. 635b) is amended by striking all 106 STAT. 2199 after the first sentence and inserting the following: “Certificates evidencing stock ownership of the United States shall be issued by the Bank to the President of the United States, or to such other person or persons as the President may designate from time to time, to the extent of payments made for the capital stock of the Bank.”. (c) Repeal of Certain Outdated Sections.—The Export-Import Bank Act of 1945 (12 U.S.C. 635 et seq.) is amended— (1) by striking sections 5, 10, 12, 13, 14, and 16; (2) by redesignating sections 6 through 9 as sections 5 through 8, respectively; (3) by redesignating section 11 as section 9; (4) by redesignating section 15 as section 10; (5) by redesignating section 17, as added by section 106 of this Act, as section 11; (6) by redesignating section 18, as added by section 108 of this Act, as section 12; and (7) by redesignating section 19, as added by section 115 of this Act, as section 13.