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.

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.

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

Timeline

1. 16 February 1977

   Introduced

   Referred to House Committee on International Relations.

   Source: IntroReferral

2. 16 February 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 16 February 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

• Introduced in House

  summary · EN · 16 February 1977

  Open at official source

Sponsors

• Rep. Solarz, Stephen J. [D-NY-13] · D · Sponsor
• Rep. Mineta, Norman Y. [D-CA-15] · D · Cosponsor
• Rep. Nix, Robert N. C. [D-PA-2] · D · Cosponsor
• Rep. Panetta, Leon [D-CA-16] · D · Cosponsor
• Rep. Roe, Robert A. [D-NJ-8] · D · Cosponsor
• Rep. Roybal, Edward R. [D-CA-25] · D · Cosponsor
• Rep. Scheuer, James H. [D-NY-8] · D · Cosponsor
• Sen. Simon, Paul [D-IL] · D · Cosponsor
• Rep. Spellman, Gladys Noon [D-MD-5] · D · Cosponsor
• Rep. Steers, Newton I., Jr. [R-MD-8] · R · Cosponsor
• Rep. Whalen, Charles W., Jr. [R-OH-3] · R · Cosponsor
• · hsfa00 · Standing

Related records

• related to → 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.