Bill To Bolster US Exports Sails Through House

Law360, New York (May 31, 2012, 7:13 PM EDT) -- Federal legislation meant to give U.S. businesses an edge in exporting goods and services unanimously passed the U.S. House of Representatives on Wednesday.

The Export Promotion Reform Act, H.R. 4041, would amend the Export Enhancement Act of 1988 to adopt recent recommendations from the U.S. Government Accountability Office that called for more effective use of the government's export promotion programs. The bill had bipartisan sponsorship and passed the House on a unanimous voice vote.

The bill's lead sponsor, Rep. Howard Berman, D-Calif., said that the proposed...
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