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

119-s-4308, A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt., is a 119th Congress bill sponsored by Sen. Kennedy, John [R-LA] (R-LA); status introduced; PRIA reads it as touching household money (as of 2026-05-01).

- Canonical: https://policyrisk.com/legislation/119-s-4308
- As of: 2026-05-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4308
- Congress: 119
- Title: A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt.
- Status: introduced
- Introduced: 2026-04-15
- Sponsor: Sen. Kennedy, John [R-LA] (R-LA)
- Cosponsors: 0
- Policy area: Foreign Trade and International Finance
- Touches household money: yes
- Last recorded action: 2026-05-01

## Summary

**Would bar Export-Import Bank financing to any person or project participant with seriously delinquent federal tax debt.** It also sets how delinquency is checked and creates a narrow presidential waiver that must be reported to Congress. - Businesses seeking Export-Import Bank financing would be ineligible if they have seriously delinquent federal tax debt. This blocks access to EXIM-backed financing for debtors. - Projects and deals could lose financing if any participating person has such tax debt, which can affect multi-party contracts and partnerships. - The Bank would determine delinquency using the System for Award Management and data-analytical approaches in consultation with the Commissioner of Internal Revenue. The President may waive the ban for urgent national interests but must report the rationale to the Senate Banking Committee and the House Financial Services Committee within 30 days. - The bill defines "seriously delinquent tax debt" as an assessed federal tax liability subject to levy or court collection and excludes debts on timely installment agreements (section 6159), offers in compromise (section 7122), pending collection due process or relief requests (section 6330 and section 6015), continuous levies in employment contexts (section 6331), and levies released under section 6343(a)(1)(D).

## Provisions PRIA read

- No Ex-Im financing for tax-delinquent businesses: cost, medium. If enacted, the bill would bar the Export-Import Bank from providing financing to any person who has "seriously delinquent tax debt." It would also bar financing for any project if any project participant has such debt. The Bank would determine delinquency using the System for Award Management (SAM…

## Related bills

- 119-s-688: Fighting Foreign Illegal Seafood Harvests Act of 2025
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-4378: Protecting American Taxpayers Act
- 119-s-1748: Kids Online Safety Act
- 119-s-4065: STAND with Taiwan Act of 2026
- 119-s-3492: Essential Caregivers Act of 2025

## Sources
- [119-s-4308 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4308)

## Related
- [119-s-688: Fighting Foreign Illegal Seafood Harvests Act of 2025](https://policyrisk.com/legislation/119-s-688)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-4378: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4378)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-4065: STAND with Taiwan Act of 2026](https://policyrisk.com/legislation/119-s-4065)
- [119-s-3492: Essential Caregivers Act of 2025](https://policyrisk.com/legislation/119-s-3492)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4308 (as of 2026-05-01).