A bill to provide for termination of investment insurance and guaranties issued by the Overseas Private Investment Corporation in any case in which the investor makes a significant payment to an official of a foreign government for the purpose of influencing the actions of such government.

referredUnited States· United States Congress· EN

Introduced

16 February 1977

Last action

—

Status

Referred to House Committee on International Relations.

Summary

Amends the Foreign Assistance Act of 1961 to require the Overseas Private Investment Corporation to terminate insurance or reinsurance issued to any investor, upon a Corporation determination that such investor has offered or paid, directly or indirectly, any significant amount of money (or anything of significant value) to a foreign official to influence any decision of a foreign government.

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Documents

1 official file

Introduced in House
summary · EN · 16 February 1977
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/3604
Open data entity: https://api.congress.gov/v3/bill/95/hr/3604