text: SECTION 1. EXPORT-IMPORT BANK ASSISTANCE FOR EXPORTS TO CHINA 
                CONDITIONED ON ADHERENCE TO CODE OF CONDUCT.
  
      (a) In General.--Section 2(b) of the Export-Import Bank Act of 1945 
  (12 U.S.C. 635(b)) is amended by adding at the end the following:
      ``(f) Assistance for Exports to China Conditioned Upon Adherence to 
  Code of Conduct.--
              ``(1) Prohibitions.--
                      ``(A) Pre-assistance condition.--The Bank shall not 
                  guarantee, insure, extend credit, or participate in the 
                  extension of credit to an entity with respect to the 
                  export of any good or service destined for the People's 
                  Republic of China unless the Board of Directors 
                  determines that the entity has established and is 
                  adhering to the code of conduct set forth in paragraph 
                  (2).
                      ``(B) Penalty for violation.--The Bank shall 
                  withdraw any guarantee, insurance, or credit that the 
                  Bank has provided, and shall withdraw from any 
                  participation in an extension of credit, to an entity 
                  with respect to the export of any good or service 
                  destined for the People's Republic of China if the 
                  Board of Directors determines that the entity is not 
                  adhering to the code of conduct set forth in paragraph 
                  (2).
              ``(2) Code of conduct.--An entity shall do all of the 
          following in all of its operations:
                      ``(A) Provide a safe and healthy workplace.
                      ``(B) Ensure fair employment, including by--
                              ``(i) avoiding child and forced labor, and 
                          discrimination based upon race, gender, 
                          national origin, or religious beliefs;
                              ``(ii) respecting freedom of association 
                          and the right to organize and bargain 
                          collectively;
                              ``(iii) paying not less than the minimum 
                          wage required by law or the prevailing industry 
                          wage, whichever is higher; and
                              ``(iv) providing all legally mandated 
                          benefits.
                      ``(C) Obey all applicable environmental laws.
                      ``(D) Comply with United States and local laws 
                  promoting good business practices, including laws 
                  prohibiting illicit payments and ensuring fair 
                  competition.
                      ``(E) Maintain, through leadership at all levels, a 
                  corporate culture--
                              ``(i) which respects free expression 
                          consistent with legitimate business concerns, 
                          and does not condone political coercion in the 
                          workplace;
                              ``(ii) which encourages good corporate 
                          citizenship and makes a positive contribution 
                          to the communities in which the entity 
                          operates; and
                              ``(iii) in which ethical conduct is 
                          recognized, valued, and exemplified by all 
                          employees.
                      ``(F) Require similar behavior by partners, 
                  suppliers, and subcontractors under terms of contracts.
                      ``(G) Implement and monitor compliance with the 
                  subparagraphs (A) through (F) through a program that is 
                  designed to prevent and detect noncompliance by any 
                  employee or supplier of the entity and that includes--
                              ``(i) standards for ethical conduct of 
                          employees of the entity and of suppliers which 
                          refer to the subparagraphs;
                              ``(ii) procedures for assignment of 
                          appropriately qualified personnel at the 
                          management level to monitor and enforce 
                          compliance;
                              ``(iii) procedures for reporting 
                          noncompliance by employees and suppliers;
                              ``(iv) procedures for selecting qualified 
                          individuals who are not employees of the entity 
                          or of suppliers to monitor compliance, and for 
                          assessing the effectiveness of such compliance 
                          monitoring;
                              ``(v) procedures for disciplinary action in 
                          response to noncompliance;
                              ``(vi) procedures designed to ensure that, 
                          in cases in which noncompliance is detected, 
                          reasonable steps are taken to correct the 
                          noncompliance and prevent similar noncompliance 
                          from occurring; and
                              ``(vii) communication of all standards and 
                          procedures with respect to the code of conduct 
                          to every employee and supplier--
                                      ``(I) by requiring all management 
                                  level employees and suppliers to 
                                  participate in a training program; or
                                      ``(II) by disseminating information 
                                  orally and in writing, through posting 
                                  of an explanation of the standards and 
                                  procedures in prominent places 
                                  sufficient to inform all employees and 
                                  suppliers, in the local languages 
                                  spoken by employees and managers.
              ``(3) Small business exception.--This subsection shall not 
          apply to an entity that is a small business (within the meaning 
          of the Small Business Act).''.
      (b) Annual Report.--Section 2(b)(1)(A) of such Act (12 U.S.C. 
  635(b)(1)(A)) is amended by adding at the end the following: ``The Bank 
  shall include in the annual report a description of the actions the 
  Bank has taken to comply with subsection (f) during the period covered 
  by the report.''.
      (c) Sense of the Congress.--It is the sense of the Congress that 
  the Export-Import Bank of the United States and the Clearinghouse on 
  Corporate Responsibility that is being developed by the Department of 
  Commerce should work together to ensure that businesses are made aware 
  of, and have access to, resources and organizations that can assist 
  businesses in developing, implementing, and monitoring global codes of 
  corporate conduct.
target: Amends the Export-Import Bank Act of 1945 to prohibit the Export-Import Bank of the United States from guaranteeing, insuring, or extending credit to an entity (except a small business) with respect to the export of any good or service to China unless the Board of Directors of the Bank determines that such entity is adhering to certain environmental and fair employment principles under a corporate code of conduct. 
  Expresses the sense of the Congress that the Bank and the Clearinghouse on Corporate Responsibility that is being developed by the Department of Commerce should work together to ensure that businesses are made aware of, and have access to, resources and organizations that can assist them in developing and monitoring global codes of corporate conduct.
feat_title: To amend the Export-Import Bank Act of 1945 to ensure that the provision of assistance for exports to China is conditioned upon adherence to responsible conduct.