A Bill to direct the Secretary of the Treasury to prepare reports on certain loans advanced by domestic banks in countries the governments of which engage in gross violations of internationally recognized human rights, and for other purposes.

Summary

Directs the Secretary of the Treasury to report to the Congress every six months the total value, distribution, source, and obligor of loans extended by domestic banks to governments, government agencies, and government-controlled corporations in countries designated by the Secretary of State. Directs the Secretary of State to designate those countries which meet the criteria for denial of assistance for violations of human rights under the Foreign Assistance Act of 1961. Specifies those banks to be included in such reports as those which have: (1) at least one foreign branch; (2) at least $20,000,000 in claims of foreign residents; and (3) deposits insured by the Federal Deposit Insurance Corporation.

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

Timeline

No timeline events have been ingested for this record yet.

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 · 15 October 1978

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.