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United States · Bill · HR

H.R. 5405 (102nd)

Foreign Aid Reform Act of 1992

referredUnited States· United States Congress· EN

Introduced

16 June 1992

Last action

16 June 1992 · Introduced

Status

Referred to the House Committee on Foreign Affairs.

Sponsors

Sen. Torricelli, Robert G. [D-NJ], Rep. Fields, Jack [R-TX-8], Rep. Solarz, Stephen J. [D-NY-13], Rep. Lantos, Tom [D-CA-12], Rep. Lent, Norman F. [R-NY-4], Rep. Jones, Walter B. [D-NC-1], Rep. Abercrombie, Neil [D-HI-1], Rep. Ackerman, Gary L. [D-NY-5], Rep. AuCoin, Les [D-OR-1], Rep. Bateman, Herbert H. [R-VA-1], Rep. Bentley, Helen Delich [R-MD-2], Rep. Borski, Robert A. [D-PA-3], Rep. Darden, George (Buddy) [D-GA-7], Rep. Davis, Robert W. [R-MI-11], Rep. Dellums, Ronald V. [D-CA-9], Rep. Engel, Eliot L. [D-NY-16], Rep. Hochbrueckner, George J. [D-NY-1], Rep. Hubbard, Carroll, Jr. [D-KY-1], Rep. Jefferson, William J. [D-LA-2], Rep. Johnston, Harry [D-FL-19], Rep. Kostmayer, Peter H. [D-PA-8], Rep. Laughlin, Greg [D-TX-14], Rep. Machtley, Ronald K. [R-RI-1], Rep. Manton, Thomas J. [D-NY-7], Rep. Miller, John R. [R-WA-1], Rep. Nagle, Dave R, [D-IA-3], Rep. Payne, Donald M. [D-NJ-10], Rep. Pelosi, Nancy [D-CA-11], Rep. Price, David E. [D-NC-4], Rep. Rahall, Nick J., II [D-WV-3], Rep. Ritter, Don [R-PA-15], Rep. Saxton, Jim [R-NJ-3], Rep. Smith, Christopher H. [R-NJ-4], Rep. Swett, Dick [D-NH-2], Rep. Tauzin, W. J. (Billy) [R-LA-3], Rep. Unsoeld, Jolene [D-WA-3], Rep. Young, Don [R-AK-At Large], Sen. Boxer, Barbara [D-CA], Rep. Parker, Mike [R-MS-4], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Horn, Joan Kelly [D-MO-2], Rep. Owens, Major R. [D-NY-11], Rep. Chapman, Jim [D-TX-1], Rep. Towns, Edolphus [D-NY-10], Rep. Swift, Al [D-WA-2], Rep. Blackwell, Lucien E. [D-PA-2], Rep. Peterson, Collin C. [D-MN-7], Rep. Smith, Lawrence [D-FL-16]

Subjects

Taxation

Source updated

26 August 2025

Taxation

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Summary

Foreign Aid Reform Act of 1992 - Amends the Foreign Assistance Act of 1961 to declare that economic support assistance should be provided principally through commodity import programs, project assistance, sector programs, or the provision of U.S. goods and services. Permits such assistance to be provided to a foreign government as a cash transfer only pursuant to an agreement requiring the recipient government to spend the cash transfer to purchase U.S. goods and services to the extent that the recipient government purchases goods and services not produced in that country. Exempts from this Act any recipient government that: (1) receives less than $25,000,000 cash transfer assistance for a fiscal year; or (2) as of April 1, 1989, was receiving such assistance and has an agreement with the United States under which it agrees to spend an amount equal to the amount of the cash transfer on U.S. goods and services, to carry 50 percent of all bulk shipments of U.S. grain on privately-owned U.S.-flag commercial vessels, to purchase U.S. grain at levels comparable to those purchased in prior years, and to comply with such requirements in any fiscal year in which it receives such assistance. Authorizes the President to waive the requirements of this Act if it is in the national interest to do so.

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

Timeline

  1. 16 June 1992

    Introduced

    Referred to the House Committee on Foreign Affairs.

    Source: IntroReferral

  2. 16 June 1992

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 16 June 1992

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

2 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN

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  • Introduced in House

    summary · EN · 16 June 1992

    Open at official source

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Sponsors

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Related records

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Sources

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