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S 4308·Federal·senate

A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt.

In CommitteeFiled Apr 15, 2026
Sponsor: Sen. Kennedy, John [R-LA] (R)
Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Apr 15, 2026

Summary

The bill bars the Export‑Import Bank from giving loans or guarantees to individuals or projects that involve a person who owes seriously delinquent taxes. It is intended to keep the bank from supporting taxpayers who are significantly behind on their federal obligations, while still allowing a presidential waiver in urgent cases.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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