A bill to provide OPIC insurance, reinsurance, and financing to eligible projects in Poland.

Summary

Authorizes the Overseas Private Investment Corporation (OPIC) to issue insurance or reinsurance, guarantee loans, or extend financing for eligible investors with respect to projects in Poland only if such projects are undertaken in conjunction with the nongovernmental sector in Poland. Requires OPIC to annually certify to the Congress that businesses in Poland with respect to which OPIC has undertaken any such activities do not violate any internationally recognized workers' rights. Prohibits OPIC from undertaking any such activities with respect to any project in Poland: (1) which fosters unfair competition with import-sensitive U.S. industries or leads to significantly adverse impacts on U.S. employment; or (2) until the Secretary of State has certified that the Government of Poland has enacted laws which significantly improve the operating conditions for private enterprises in Poland, including the reform of present laws governing joint ventures and the licensing of new businesses.

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

Timeline

1. 9 August 1988

   Introduced

   Read twice and referred to the Committee on Foreign Relations.

   Source: IntroReferral

2. 9 August 1988

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

• Introduced in Senate

  summary · EN · 9 August 1988

  Open at official source

Sponsors

• Sen. Levin, Carl [D-MI] · D · Sponsor
• Sen. Dixon, Alan J. [D-IL] · D · Sponsor
• Sen. Mikulski, Barbara A. [D-MD] · D · Sponsor
• Sen. Murkowski, Frank H. [R-AK] · R · Sponsor
• Sen. Simon, Paul [D-IL] · D · Sponsor
• Sen. Kennedy, Edward M. [D-MA] · D · Cosponsor
• · ssfr00 · Standing

Related records

No cross-record relationships stored yet.