The Export-Import Bank's authorization expired on 1 July, but proponents of the bank are working to get it re-authorized (http://www.nytimes.com/2015/07/01/business/international/though-charter-is-expiring-export-import-bank-will-keep-its-doors-open.html , http://www.nytimes.com/2015/07/06/us/politics/us-export-import-bank-teetering-on-edge.html , http://thehill.com/policy/finance/247953-house-gop-draws-first-in-ex-im-showdown ). Legislation re-authorizing the bank must be signed into law by the President before taking effect.