To amend the Japan-United States Friendship Act to broaden investment authority and to strengthen criteria for membership on the Japan-United States Friendship Commission.

Summary

Amends the Japan-United States Friendship Act to set forth requirements for the members of the United States Panel of the Joint Committee on United States-Japan Cultural and Educational Cooperation. Requires certain investment duties of the Secretary of the Treasury involving the Fund to be taken at the direction of the Chairman of the Japan-United States Friendship Commission. Permits investments only in instruments of public debt with maturities suitable to the Fund's needs (currently, in interest-bearing obligations of or guaranteed by the United States).

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 16 June 1994

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• Introduced in House (PDF)

  Introduced in House · EN · 16 June 1994

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• Introduced in House

  summary · EN · 16 June 1994

  Open at official source

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