Speech #930217344

For the purpose of this paragraph. continuity of session is broken only by an adJournment of Congress sine die. and the days on which either House is not in session because of an adjournment of more than three days to a day certain are excluded in the computation of the thirtyday period." (b) The second sentence of section 2(b) (3) of the ExportImport Bank Act of 1945 is amended by striking out "if the President determines that any such transaction would be contrary to the national interest." and inserting in lieu thereof the following: "unless Congress determines that such transaction would be in the national interest. Such determination shall be made with respect to each such transaction through the adoption of a concurrent resolution during the first period of thirty calendar days of continuous session of Congress after the date on which the Bank requests. in writing. that Congress consider adoption of such a resolution. For purposes of this paragraph. continuity of session is broken only by an adjournment of Congress sine die. and the days on which either House is not in session because of an adjournment of more than three days to a day certain are excluded in the computation of the thirtyday period." (c) Section 2(b) of the ExportImport Bank Act of 1945 is amended by redesignating paragraph (5) as paragraph (6) and inserting immediately after paragraph (4) the following new paragraph: "(5) The Bank shall not guarantee. insure or extend credit. or participate in any extension of credit with respect to any nonmarket economy country which"(A) denies its citizens the right or opportunity to emigrate. "(B) imposes more than a nominal tax on emigration or on the visas or other documents required for emigration. for any purpose or cause whatsoever. or "(C) imposes more than a nominal tax levy. fine. fee. or other charge on any citizen as a consequence of the desire of such citizen to emigrate to the country of his choice. until such time as the country is no longer in violation of this paragraph." Sec. 2. Section 11 of the ExportImport Bank Act of 1945 is repealed. and section 12 of such Act is redesignated as section 11.