Foreign Disaster Assistance Act of 1974

Summary

Foreign Disaster Assistance Act - Authorizes to be appropriated, in addition to other sums available for such purposes, $65,000,000 for use by the President for disaster relief and emergency recovery needs in Pakistan and Nicaragua, under such terms and conditions as he may determine, such sums to remain available until expended. Increases from $25,000,000 to $75,000,000 the amount which, notwithstanding any prohibitions or restrictions contained in this or any other Act, is authorized to be appropriated to the President, in addition to funds otherwise available for such purposes, for use by the President, under such terms and conditions as he may determine, for emergency and recovery needs, including drought, famine, and disaster relief, and rehabilitation and related assistance, for the Sahelian nations of Africa. Requires the Secretary of State to keep the appropriate committees of Congress fully and currently informed of the ongoing status of any negotiations with any foreign government regarding the cancellation, renegotiation, rescheduling, or settlement of any debt owed to the United States by any such foreign government under the Foreign Assistance Act of 1961. Provides that the Secretary of State shall transmit to the Speaker of the House of Representatives, and to the chairman of the appropriate Senate committee, the text of any international agreement proposing a modification in the terms of such debt no less than thirty days prior to its entry into force, together with a detailed explanation of the interest of the United States in such modification. Provides that no debt authorized under the Foreign Assistance Act of 1961 owed to the United States by any foreign government may be canceled, renegotiated, rescheduled, or settled in any manner inconsistent with the legislative authorization applicable to the original debt as modified by any subsequent amendment, except as provided in this Act.

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Documents

3 official files

• Public Law (PDF)

  Public Law · EN · 9 July 1974

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• Public Law

  summary · EN · 8 July 1974

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• Introduced in House

  summary · EN · 30 January 1974

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