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United States · Bill · S

S. 2349 (110th)

Overseas Private Investment Corporation Reauthorization Act of 2007

referredUnited States· United States Congress· EN

Introduced

14 November 2007

Last action

14 November 2007 · Introduced

Status

Read twice and referred to the Committee on Foreign Relations.

Sponsors

Sen. Biden, Joseph R., Jr. [D-DE], Sen. Lugar, Richard G. [R-IN]

Subjects

Climate

Source updated

14 August 2025

Climate

Official sourceDownload fileView documentsShare

Summary

Overseas Private Investment Corporation Reauthorization Act of 2007 - Amends the Foreign Assistance Act of 1961 to reauthorize the Overseas Private Investment Corporation (OPIC) through September 30, 2011. Revises international worker rights provisions. Requires OPIC to institute a climate change mitigation action plan. Requires, with a specified exception, prior to OPIC approval of a Category A extractive industry project (as defined by this Act) or an extractive industry project in which OPIC assistance would be valued at $10 million or more; (1) prior congressional notification; and (2) investor and host country agreement to implement Extractive Industries Transparency Initiative principles or substantially similar principles, and host country adherence to certain accounting procedures as they relate to such projects. Provides for increased project transparency. Authorizes OPIC programs in Iraq. Requires OPIC to report to Congress on: (1) the feasibility of expanding OPIC assistance to low-income home buyers; and (2) OPIC resources dedicated to assist U.S. small businesses, cooperatives, and small U.S. investors.

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

Timeline

  1. 14 November 2007

    Introduced

    Read twice and referred to the Committee on Foreign Relations.

    Source: IntroReferral

  2. 14 November 2007

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 14 November 2007

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  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 14 November 2007

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 14 November 2007

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Sponsors

Related records

Sources

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