New bill would codify Ex-Im Bank regional effort, create small-business pilot

New bill would codify Ex-Im Bank regional effort, create small-business pilot

Senate Banking Committee members Angela Alsobrooks (D-MD) and Dave McCormick (R-PA) last week introduced a bill that would codify an Export-Import Bank program that connects the bank with state and local partners and establish a pilot program focused on small businesses. Ex-Im uses its Regional Export Promotion Program to partner with “state, county, and local nonprofit economic development entities” to expand regional export opportunities, acco…