Politisphere

S. 4308: A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt.

A Senate bill (S.) in the 119th U.S. Congress.

Overview

Congress119th U.S. Congress (2025–2026)
TypeSenate bill (S.)
Originating chamberSenate
Introduced2026-04-15
SponsorSen. Kennedy, John [R-LA]
Policy areaForeign Trade and International Finance
Cosponsors0
Latest action2026-04-15 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last updated2026-04-30

Summary

Official summary (Introduced in Senate, 2026-04-15):

This bill prohibits the Export-Import Bank of the United States from providing financing to a person with seriously delinquent tax debt or for a project in which any participant has seriously delinquent tax debt.

The bill allows the President to waive this prohibition if the President (1) determines that there are urgent and compelling circumstances significantly affecting U.S. interests that require the financing to be provided; and (2) submits to Congress, within 30 days after making the determination, a report that includes the rationale for the determination and relevant supporting information.

Full text & official record

The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 4308 are published by Congress on congress.gov.

View S. 4308 on congress.gov →

Frequently asked questions

What is S. 4308?

S. 4308 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt..

Where can I read the full bill text?

The full text, cosponsors, amendments, and legislative status for S. 4308 are available on congress.gov.

Bill data: congress.gov API (official congressional records).