Profiles of Existing Government Corporations - US Government ...

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CORPORATION PROFILE
~ILI.xrBDAGlENcIEs: EXIU maintains vorking relations vith
sevoral agencies:
--the Small Businees Adminietration in dewloping
information regarding financing to small bueineee
concerns :
--the Commerce Department in coneulting on the l vport of
U.S. goods and eervi~ee:
--the Stat8 Department concerning countriee in violation of
nuclear l afeguard agreemente, human rights, and foreign
policies;
--the Treasury Department regarding the deposit of dividends
a8 miscellaneous receipts:
--the Agriculture Department on agricultural commodity
export and polichs: and
--the U.S. International Trade Commieeion regarding EXIM's
impact on induetriee and employment in the U.S.
EXIX aleo vorke vith the U.S. Metric Board, the National Advisory
Council on International Monetary and Financial Policies, and the
Agency for International Development.
BUDGET STATWS: On-budget and subject to the Government
Corporation Control Act (GCCA). EXIX ie to prepare annually a
busineee-type budqot and eubmit it to the President. The budget
ie to contain etaterent of financial condition, income and
expenses, l ources and use8 of money, analyeis of eurplus or
deficit, and other statement8 as needed. It l hall also contain
estimated financial condition for the current end folloving
fiscal year and reeults of oparatione in the prior year. The
budget ehall also provide for emergencies and contingencies.
TREASURY STATUS: Subject to the GCCA. Accounts are to be
maintained in the Treaeury or it8 deeignee, unleee the
requirement is valved by the Sacrmtary of the Treaeury. The
requirement is not applicable to accounts of not more than
$50,000 in any one bank. The Treaeury ehall prescribe the terma
of obligations offerad to tha public. Treasury approval is
required, unless vaivd, for transaction8 over $100,000 for U.S.
government obligations or guaranteed obligatione. If the agency
agrsee, the Treasury 8ay dologate the reeponsibility regarding
obligation8 to an agency officer or l nployeo. EXIX ie authorized
to borrow fro8 the Treasury, the Poderal Financing Sank, and
other lender..
RWORTING STA'X7S : EXIN providoe an annual report to the Congress
on its activitioe in goneral and l pacifically on all actione
which have been takm to maintain the competitive position of key
linkage Lnduetrias in the United State..