To amend the Foreign Assistance Act of 1961 to authorize the President to issue loan guarantees for economic development and job creation activities in the Republic of Ireland and Northern Ireland.

Summary

Amends the Foreign Assistance Act of 1961 to authorize the President, for FY 1997 through 2001, to issue up to $10 billion in guarantees (up to $2 billion per fiscal year) assuring against losses incurred in connection with securities issued by the Government of the Republic of Ireland in support of efforts to promote economic development and job creation activities in such Republic, especially in the six border counties of such Republic and in the six counties of Northern Ireland. Sets forth guarantee amounts for such period. Requires the President to notify the appropriate congressional committees near the end of each fiscal year of his intentions regarding the exercise of such authority during the next fiscal year. Prescribes security guarantee terms and conditions.

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

Timeline

1. 14 December 1995

   Introduced

   Referred to the House Committee on International Relations.

   Source: IntroReferral

2. 14 December 1995

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 December 1995

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 14 December 1995 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 December 1995

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 14 December 1995

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 14 December 1995

  Open at official source

Sponsors

• CAROLYN MALONEY · D · Sponsor
• · hsfa00 · Standing

Related records

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