Foreign Assistance Reform Act of 1998

Summary

Foreign Assistance Reform Act of 1998 - Amends the Foreign Assistance Act of 1961 to require non-cash transfer assistance provided to a foreign country be in the form of credits redeemable only for the purchase of U.S. goods and services (currently, purchase may be for goods and services outside the United States). Directs the President to ensure that: (1) such purchases, and the ports of departure for those goods, are distributed equitably throughout the United States; and (2) U.S. goods are available at fair prices. Requires that the Comptroller General have access to records and personnel necessary to carry out monitoring and auditing. Authorizes the President to waive the requirements of this Act on a case-by-case basis to the extent that it is important to U.S. national interests.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 May 1998

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• Introduced in House (PDF)

  Introduced in House · EN · 6 May 1998

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• Introduced in House

  summary · EN · 6 May 1998

  Open at official source

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