To amend the FREEDOM Support Act to establish a program to provide loans for joint ventures between United States small businesses and small businesses or entrepreneurs in the independent states of the former Soviet Union.

Summary

Amends the Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act of 1992 to direct the Secretary of State to support the establishment by U.S. small businesses and independent state small businesses or entrepreneurs of joint ventures to engage in business activity in the independent states of the former Soviet Union. Authorizes the Secretary to make loans for joint ventures. Establishes loan preference criteria, limitations, and repayment terms. Prohibits: (1) loans to a joint venture if, as a result of the joint venture, a U.S. small business would transfer any business activity that it has been carrying out to a location outside the United States; and (2) goods produced pursuant to a joint venture that receives a loan from being imported into the United States. Provides for a contract with a private entity for the establishment of a data base to facilitate joint ventures between U.S. and independent state small businesses. Authorizes appropriations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 19 May 1993

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 19 May 1993

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 19 May 1993

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.