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Proposed

Bill · 119th Congress · S 4820

Regional Export Promotion Act of 2026

Refreshed 2 h ago

Introduced 2026-06-17Topic: economy jobs

Summary

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This bill would write the Export-Import Bank's Regional Export Promotion Program into federal law. Under the program, the Bank partners with state, county, and city governments, university-funded nonprofit economic development groups, small business development centers, and world trade centers to expand export opportunities for businesses in their regions. The bill would also require the Bank to run a 5-year pilot program to expand the program in regions with many small businesses, giving priority to partners such as community development financial institutions, minority depository institutions, chambers of commerce, and community banks and credit unions. Under the pilot, the Bank would provide training, marketing materials, short-term export credit insurance designed for small businesses, and simpler applications for first-time users. The Bank's President would report to Congress each year on the pilot's partners, small business use of Bank products, and recommendations.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-06-17SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.refer
2026-06-17Introduced in Senateintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.