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United States · Bill · HR

H.R. 3027 (106th)

Russian Economic Restoration and Justice Act of 1999

referredUnited States· United States Congress· EN

Introduced

5 October 1999

Last action

25 October 1999 · Referred

Status

Referred to the Subcommittee on Domestic and International Monetary Policy.

Sponsors

Rep. Weldon, Curt [R-PA-7], Rep. Abercrombie, Neil [D-HI-1], Rep. Kaptur, Marcy [D-OH-9], Rep. Armey, Richard K. [R-TX-26], Rep. Murtha, John P. [D-PA-12], Rep. Cox, Christopher [R-CA-48], Rep. Leach, James A. [R-IA-2], Rep. Tauscher, Ellen O. [D-CA-10], Rep. Saxton, Jim [R-NJ-3], Rep. Taylor, Charles H. [R-NC-11], Rep. Kucinich, Dennis J. [D-OH-10], Rep. Royce, Edward R. [R-CA-39], Rep. Burton, Dan [R-IN-5], Rep. Gilman, Benjamin A. [R-NY-20], Sen. Wicker, Roger F. [R-MS], Rep. Holden, Tim [D-PA-17], ROBERT BRADY, Sen. Graham, Lindsey [R-SC], Rep. Cramer, Robert E. (Bud), Jr. [D-AL-5], Rep. Hayes, Robin [R-NC-8], Rep. Rohrabacher, Dana [R-CA-48], Rep. Sherwood, Don [R-PA-10], Rep. Pitts, Joseph R. [R-PA-16], Rep. Fowler, Tillie [R-FL-4], Rep. DeLay, Tom [R-TX-22], Rep. Goss, Porter J. [R-FL-14], Rep. Watts, J. C., Jr. [R-OK-4], Rep. Gibbons, Jim [R-NV-2], Rep. Bartlett, Roscoe G. [R-MD-6], Rep. Snyder, Vic [D-AR-2], Rep. Ortiz, Solomon P. [D-TX-27], Rep. Andrews, Robert E. [D-NJ-1], Rep. Brown, Corrine [D-FL-5], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Schaffer, Bob [R-CO-4], Rep. Sisisky, Norman [D-VA-4], Rep. Goode, Virgil H., Jr. [R-VA-5], Rep. Hoeffel, Joseph M. [D-PA-13], Rep. Dicks, Norman D. [D-WA-6], Rep. Kanjorski, Paul E. [D-PA-11], Rep. Thornberry, Mac [R-TX-13], Rep. Stenholm, Charles W. [D-TX-17], Rep. Pickett, Owen B. [D-VA-2], Rep. Condit, Gary A. [D-CA-18], Rep. Peterson, Collin C. [D-MN-7], Rep. Ryan, Paul [R-WI-1], Rep. Hall, Ralph M. [R-TX-4], Rep. Lazio, Rick [R-NY-2]

Subjects

Housing, Education

Source updated

20 August 2025

Housing · Education

Summary

Russian Economic Restoration and Justice Act of 1999 - Amends the Bretton Woods Agreements Act to direct the Secretary of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund (IMF) to use the U.S. vote to urge the IMF to: (1) not provide any assistance to the Russian Federation government until there is in effect a Russian federal law that implements specified economic reforms; and (2) provide assistance to the Russian Federation only to aid in implementation of such reforms. Establishes a Russian-American financial oversight commission to monitor the use of Western resources in Russia. Expresses the sense of Congress that: (1) there should be established joint United States-Russian business, economics, and agricultural education programs in which Russian Federation students on completion of their studies in the United States be required to return to the Russian Federation and work for the federal or regional government in Russia; and (2) the United States and the government of the Russian Federation should create a program which would link successful U.S. business leaders with their Russian Federation counterparts so that Russian Federation companies will be better able to access a pool of resources and knowledge to assist them in their transition to successfully competing in a market-based economy. Directs the Secretary of the Treasury to instruct the U.S. Executive Director at the IMF to use the U.S. vote to urge the IMF to create a commission, composed of prominent international financial experts, to draw up recommendations for reforming the IMF, with a view to achieving more transparency in the structures of the IMF and increasing the effectiveness of its programs while decreasing financial risk. Establishes a pilot housing loan program (to be administered through a nonprofit corporation) in which the average Russian citizen may attain affordable home ownership.

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

Timeline

  1. 5 October 1999

    Introduced

    Referred to the Committee on Banking and Financial Services, and in addition to the Committee on International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 5 October 1999

    Introduced

    Referred to the Committee on Banking and Financial Services, and in addition to the Committee on International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  3. 5 October 1999

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 5 October 1999

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 18 October 1999

    Introduced

    Sponsor introductory remarks on measure. (CR H10162-10168)

    Source: IntroReferral

  6. 25 October 1999

    Referred

    Referred to the Subcommittee on Domestic and International Monetary Policy.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 5 October 1999

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 5 October 1999

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 5 October 1999

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Sponsors

Showing 48 of 57 sponsors and actors.

Related records

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Sources

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