Responsible Debt Relief and Democracy Reform Act

Summary

Responsible Debt Relief and Democracy Reform Act - Amends the Foreign Assistance Act of 1961 to authorize the President to cancel or reduce amounts owed to the United States by foreign countries as a result of concessional or nonconcessional loans made, guarantees issued, or credits extended under any other provision of law, but only if, in addition to satisfying specified requirements for debt cancellation or reduction, such country: (1) ensures certain democratic freedoms; (2) provides for the reduction or elimination of corruption among its public officials; (3) does not engage in a consistent pattern of gross violations of internationally recognized human rights; and (4) does not repeatedly provide support for acts of international terrorism. Sets forth specified circumstances under which the President may waive one or more of such requirements. Expresses the sense of Congress that the President should instruct the U.S. Executive Director at each international financial institution to use the U.S. voice, vote, and influence to urge that the cancellation or reduction of debt owed to the institution by a country be provided only if it meets the additional requirements of this Act.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

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

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 31 January 2001

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 31 January 2001

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 31 January 2001

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.