US SB753

Amends the Export-Import Bank Act of 1945 to exclude certain defaulted loans from the Bank's default rate calculation, which determines when lending caps apply

Excludes defaults on financing that helped replace or compete with products/services from entities on the Commerce Department's Entity List or Treasury's specially designated nationals and blocked persons list

Also excludes defaults on financing where sanctioned persons hold at least 50% of the outstanding voting interest, directly or indirectly

Excludes defaults on loans made through the Program on China and Transformational Exports established under existing Ex-Im Bank authority

Introduced February 26, 2025 by Senators Cortez Masto and Rounds; referred to Committee on Banking, Housing, and Urban Affairs