Haitian-American Enterprise Fund Act

Summary

Haitian-American Enterprise Fund Act - Authorizes the President, after congressional consultation, to designate a private, nonprofit organization as the Haitian-American Enterprise Fund to receive financial assistance and support under this Act. States that a grant agreement between the United States Agency for International Development (USAID) and the Fund shall: (1) require the Fund to end its reinvestment cycle not later than December 31, 2021, unless extended by USAID; (2) provide for the prevention of money laundering and terrorist financing; and (3) require any remaining Fund assets to be returned to the Treasury for debt reduction purposes. States that the Fund's Board of Directors should adopt the best practices and procedures used by Enterprise Funds, including those for which funding has been made available pursuant to the Support for East European Democracy (SEED) Act of 1989.

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Documents

6 official files

• Reported to Senate (text)

  Reported to Senate · EN · 30 August 2011

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• Reported to Senate (PDF)

  Reported to Senate · EN · 30 August 2011

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• Reported to Senate without amendment

  summary · EN · 30 August 2011

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• Introduced in Senate (text)

  Introduced in Senate · EN · 11 May 2011

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 11 May 2011

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• Introduced in Senate

  summary · EN · 11 May 2011

  Open at official source

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