S. 4308 explained · 119th Congress · Pending in Congress
A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt.
Cosponsors: none · per Congress.gov, 2026-10-09
Introduced: 2026-04-15
Latest action (2026-04-15): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
What S. 4308 does, in plain terms
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.
Official summary by the Congressional Research Service, via Congress.gov.
Constitution Index
“VFA Constitution grade”
Not graded yet
S. 4308 has not been graded yet. New measures with an official summary are graded daily under the published rubric.
What should pass
“VFA SI Solution”
No solution yet
A sourced SI draft appears here once it passes automated checks (Constitution citation, source verification, independent SI critic). How publication works.
For journalists and bloggers
“Embed this grade”
Free to use with the link back. The badge and card update when the grade changes. Embed terms →
