Accountability for International Bailouts Act of 1997

Summary

Accountability for International Bailouts Act of 1997 - Amends Federal monetary law governing exchange rate stabilization to require the Secretary of the Treasury to obtain congressional approval before incurring any obligation or making any expenditure or guarantee through the stabilization fund in excess of $250 million for the purpose of engaging in a coordinated international rescue plan for any foreign entity or any government of a foreign country.

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Timeline

1. 8 November 1997

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 8 November 1997

   Introduced

   Sponsor introductory remarks on measure. (CR S12121)

   Source: IntroReferral

3. 8 November 1997

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 8 November 1997 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 8 November 1997

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 8 November 1997

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 8 November 1997

  Open at official source

Sponsors

• Sen. Faircloth, Lauch [R-NC] · R · Sponsor
• · ssbk00 · Standing

Related records

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