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United States · Law · HR

H.R. 4996 (102nd)

Jobs Through Exports Act of 1992

enactedUnited States· United States Congress· EN

Introduced

28 April 1992

Last action

28 October 1992 · President

Status

Became Public Law No: 102-549.

Sponsors

Rep. Gejdenson, Sam [D-CT-2], Rep. Roth, Toby [R-WI-8], Rep. Levin, Sander M. [D-MI-12], Rep. McGrath, Raymond J. [R-NY-5], Rep. Johnston, Harry [D-FL-19], Rep. Feighan, Edward F. [D-OH-19], Rep. Wolpe, Howard E. [D-MI-3], Rep. Levine, Mel [D-CA-27], Rep. Engel, Eliot L. [D-NY-16], Rep. Orton, Bill [D-UT-3], Rep. Murphy, Austin J. [D-PA-20], Rep. Kaptur, Marcy [D-OH-9], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Pelosi, Nancy [D-CA-11], Sen. Wyden, Ron [D-OR], Rep. Downey, Thomas J. [D-NY-2], Rep. Lloyd, Marilyn [D-TN-3], Rep. Klug, Scott L. [R-WI-2], Rep. Hamilton, Lee H. [D-IN-9], Rep. Frost, Martin [D-TX-24], Rep. Fish, Hamilton, Jr. [R-NY-19], Rep. Hayes, Charles A. [D-IL-1]

Subjects

Taxation

Source updated

14 January 2025

Taxation

Summary

Jobs Through Exports Act of 1992 - Title I: Overseas Private Investment Corporation - Overseas Private Investment Corporation Amendments Act of 1992 - Amends the Foreign Assistance Act of 1961 to revise provisions concerning the Overseas Private Investment Corporation (OPIC). Provides that a country or areas within a country may be eligible for OPIC assistance if: (1) the country has established diplomatic relations with the United States; (2) the country or area is a developing country or area, or a country in transition from a nonmarket to market economy; and (3) the country respects human rights. Raises the ceiling on the per capita income levels of countries established for purposes of granting preferential consideration for, or restricting, OPIC investment projects. Authorizes OPIC, in any case in which a country no longer meets eligibility criteria, to continue its programs in the country but prohibits the extension of new assistance with respect to projects involving the country's government. Requires the Secretary of the Treasury to hold OPIC's capital stock. Authorizes OPIC to establish an equity finance program (currently, a four-year pilot program to be conducted only in Subsaharan African countries and Caribbean countries designated as beneficiary countries under the Caribbean Basin Economic Recovery Program). Prescribes monetary and criminal penalties for fraudulent activities involving OPIC. Raises the ceiling on the maximum contingent liability allowed for OPIC insurance and outstanding guarantees. Authorizes OPIC to transfer amounts from a noncredit account revolving fund to pay subsidy costs of program levels for the loan guarantee and direct loan programs. Permits OPIC to draw specified amounts for FY 1993 through 1995 from such fund for administrative costs of such programs. Eliminates OPIC's exemption from Federal taxation. Title II: Trade and Development Agency - Redesignates the Trade and Development Program as the Trade and Development Agency. Requires the Agency to disseminate information about its activities to the private sector. Sets forth Agency auditing requirements. Authorizes appropriations for FY 1992 and 1993. Title III: Aid, Trade, and Competitiveness - Aid, Trade, and Competitiveness Act of 1992 - Requires the Administrator of the Agency for International Development (AID) to establish a capital projects office to: (1) develop a program that would focus solely on developmentally sound capital projects; and (2) consider opportunities for U.S. high-technology firms in supporting capital projects for developing countries and countries making the transition from nonmarket to market economies. Sets forth the activities of the capital projects office. Directs the President to report annually to the Congress on the extent to which: (1) U.S. Government resources have been expended to support capital projects in such countries and the extent of interagency coordination; and (2) U.S. Government capital projects and tied-aid programs have affected U.S. exports. Requires the Secretary of the Treasury, if negotiations for the implementation of the December 16, 1991, agreement within the Organization for Economic Cooperation and Development have not been completed by August 1, 1992, to report to the Congress on: (1) the status of negotiations; (2) the causes for the failure to reach an agreement by that date; and (3) the reasons the U.S. Government believes that continued negotiations will result in achieving such objective. Urges the President to use specified types and amounts of assistance for grants for capital projects. Directs the President to report to the appropriate congressional committees on the feasibility of allowing AID to offer credit guarantees for the financing of capital projects. Authorizes additional appropriations for FY 1993 for the Trade and Development Agency. Title IV: United States Commercial Centers - Directs the Secretary of Commerce to establish, as a five-year pilot program, a United States Commercial Center in one Baltic State (to serve Eastern Europe and the Commonwealth of Independent States) and in one country in Asia and Latin America to provide additional resources for the promotion of exports of U.S. goods and services to such countries. Requires the Centers to make business facilities and services and commercial law information services available on a user fee basis. Directs the Secretary to use the Market Development Cooperator Program to assist in carrying out the purposes of the Centers. Authorizes appropriations.

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

Timeline

  1. 28 April 1992

    Referred

    Referred to the Subcommittee on International Economic Policy and Trade.

    Source: Committee

  2. 28 April 1992

    Introduced

    Referred to the House Committee on Foreign Affairs.

    Source: IntroReferral

  3. 28 April 1992

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 28 April 1992

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 6 May 1992

    Committee

    Forwarded by Subcommittee to Full Committee.

    Source: Committee

  6. 6 May 1992

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

  7. 20 May 1992

    Committee

    Executive Comment Received from State.

    Source: Committee

  8. 26 May 1992

    Committee

    Executive Comment Received from Justice.

    Source: Committee

  9. 28 May 1992

    Reported

    Ordered to be Reported (Amended).

    Source: Committee

  10. 28 May 1992

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  11. 5 June 1992

    Calendars

    Placed on the Union Calendar, Calendar No. 319.

    Source: Calendars

  12. 5 June 1992

    Reported

    Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 102-551.

    Source: Committee

  13. 5 June 1992

    Reported

    Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 102-551.

    Source: Committee

  14. 11 June 1992

    Reported

    Rules Committee Resolution H. Res. 483 Reported to House. Rule provides for consideration of H.R. 4996 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. All points of order against consideration of the bill for failure to comply with section 402(a) of the Congressional Budget Act of 1974 are waived. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Foreign Affairs now printed in the bill. Measure will be read by title. Specified amendments are in order. Other than pro forma amendments for the purpose of debate and the amendment printed in the report of the Committee on Rules accompanying this resolution, no amendment shall be in order unless printed in the Congressional Record prior to consideration of the bi...

    Source: Floor

  15. 16 June 1992

    Reported

    Rules Committee Resolution H. Res. 489 Reported to House. Rule provides for consideration of H.R. 4996 with 1 hour of general debate. Previous question shall be considered as ordered except motion to recommit. Measure will be read by title. Specified amendments are in order. It shall be in order to consider the amendment in the nature of a substitute recommended by the Committee on Foreign Affairs now printed in the bill as an original bill for the purpose of amendment and all points of order against the substitute shall be waived. No amendment to the substitute shall be in order, unless printed in the Congressional Record prior to the beginning of consideration of the bill for amendment. It shall be in order to consider the amendment printed in the report accompanying this resolution all points of order against the amendment shall be waived. Upon adoption of this resolution, H. Res. 483 shall be

    Source: Floor

  16. 17 June 1992

    Floor

    Committee of the Whole House on the state of the Union rises leaving H.R. 4996 as unfinished business.

    Source: Floor

  17. 17 June 1992

    Floor

    The Speaker designated the Honorable Paul E. Kanjorski to act as Chairman of the Committee.

    Source: Floor

  18. 17 June 1992

    Floor

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 489 and Rule XXIII.

    Source: Floor

  19. 17 June 1992

    Floor

    Rule provides for consideration of H.R. 4996 with 1 hour of general debate. Previous question shall be considered as ordered except motion to recommit. Measure will be read by title. Specified amendments are in order. It shall be in order to consider the amendment in the nature of a substitute recommended by the Committee on Foreign Affairs now printed in the bill as an original bill for the purpose of amendment and all points of order against the substitute shall be waived. No amendment to the substitute shall be in order, unless printed in the Congressional Record prior to the beginning of consideration of the bill for amendment. It shall be in order to consider the amendment printed in the report accompanying this resolution all points of order against the amendment shall be waived. Upon adoption of this resolution, H. Res. 483 shall be

    Source: Floor

  20. 17 June 1992

    Floor

    Considered under the provisions of rule H. Res. 489.

    Source: Floor

  21. 17 June 1992

    Passed

    Rule H. Res. 489 passed House.

    Source: Floor

  22. 5 August 1992

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  23. 5 August 1992

    Passed

    On passage Passed by voice vote.

    Source: Floor

  24. 5 August 1992

    Passed

    Passed/agreed to in House: On passage Passed by voice vote.

    Source: Floor

  25. 5 August 1992

    Passed

    The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.

    Source: Floor

  26. 5 August 1992

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

  27. 5 August 1992

    Floor

    The House rose from the Committee of the Whole House on the state of the Union to report H.R. 4996.

    Source: Floor

  28. 5 August 1992

    Floor

    The Speaker designated the Honorable Paul E. Kanjorski to act as Chairman of the Committee.

    Source: Floor

  29. 5 August 1992

    Floor

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 489 and Rule XXIII.

    Source: Floor

  30. 5 August 1992

    Passed

    Mr. Gejdenson asked unanimous consent that, nothwithstanding the preprinting requirement contained in H. Res. 489, Mr. Dymally be permitted to offer an amendment to the bill and, further, that the time for debate on the bill and all amendments thereto be limited to not to exceed 90 minutes. Agreed to without objection.

    Source: Floor

  31. 5 August 1992

    Floor

    Considered as unfinished business.

    Source: Floor

  32. 10 September 1992

    Introduced

    Received in the Senate and read twice and referred to the Committee on Foreign Relations.

    Source: IntroReferral

  33. 1 October 1992

    ResolvingDifferences

    Senate insists on its amendment, asks for a conference, appoints conferees Pell; Biden; Sarbanes; Helms; McConnell.

    Source: ResolvingDifferences

  34. 1 October 1992

    Floor

    Measure laid before Senate by unanimous consent.

    Source: Floor

  35. 1 October 1992

    Passed

    Passed/agreed to in Senate: Passed Senate in lieu of S. 3294 with an amendment by Voice Vote.

    Source: Floor

  36. 1 October 1992

    Discharge

    Senate Committee on Foreign Relations discharged by Unanimous Consent.

    Source: Discharge

  37. 1 October 1992

    Committee

    Senate Committee on Foreign Relations discharged by Unanimous Consent.

    Source: Committee

  38. 2 October 1992

    Passed

    On motion that the House disagree to the Senate amendment, and agree to a conference Agreed to without objection.

    Source: ResolvingDifferences

  39. 2 October 1992

    Floor

    Message on House action received in Senate.

    Source: Floor

  40. 2 October 1992

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

  41. 2 October 1992

    Floor

    By unanimous consent, the Speaker reserved the right to make additional appointments.

    Source: Floor

  42. 2 October 1992

    ResolvingDifferences

    The Speaker appointed conferees for consideration of the House bill, and the Senate amendment, and modifications committed to conference: Fascell, Gejdenson, Feighan, Johnston, Broomfield, and Roth.

    Source: ResolvingDifferences

  43. 2 October 1992

    ResolvingDifferences

    Mr. Gejdenson asked unanimous consent that the House disagree to the Senate amendment, and agree to a conference.

    Source: ResolvingDifferences

  44. 3 October 1992

    Passed

    Conferees agreed to file conference report.

    Source: ResolvingDifferences

  45. 3 October 1992

    Passed

    Conference committee actions: Conferees agreed to file conference report.

    Source: ResolvingDifferences

  46. 3 October 1992

    ResolvingDifferences

    The Speaker appointed additional conferees - from the Committee on Banking, Finance and Urban Affairs for consideration of sec. 501 of the House bill, and modifications committed to conference: Oakar, Neal (NC), and Leach.

    Source: ResolvingDifferences

  47. 5 October 1992

    Reported

    Rules Committee Resolution H. Res. 608 Reported to House. Rule provides for consideration of the conference report to H.R. 4996. Upon the adoption of this resolution it shall be in order to consider the conference report to accompany H.R. 4996. All points of order against the conference report and against its consideration are waived. The conference report shall be considered as read.

    Source: Floor

  48. 5 October 1992

    ResolvingDifferences

    Conference papers: Senate report and managers' statement held at the desk in Senate.

    Source: ResolvingDifferences

  49. 5 October 1992

    ResolvingDifferences

    Conference report H. Rept. 102-1026 filed.

    Source: ResolvingDifferences

  50. 5 October 1992

    ResolvingDifferences

    Conference report filed: Conference report H. Rept. 102-1026 filed.

    Source: ResolvingDifferences

  51. 5 October 1992

    Floor

    Message on House action received in Senate.

    Source: Floor

  52. 6 October 1992

    ResolvingDifferences

    Conference papers: message on House action held at the desk in Senate.

    Source: ResolvingDifferences

  53. 6 October 1992

    Passed

    On agreeing to the conference report Agreed to without objection.

    Source: ResolvingDifferences

  54. 6 October 1992

    Passed

    Motions to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

  55. 6 October 1992

    Passed

    Conference report agreed to in House: On agreeing to the conference report Agreed to without objection.

    Source: ResolvingDifferences

  56. 6 October 1992

    ResolvingDifferences

    Mr. Gejdenson asked unanimous consent for consideration of the conference report, H. Rept. 102-1026.

    Source: ResolvingDifferences

  57. 8 October 1992

    Passed

    Senate agreed to conference report by Voice Vote.

    Source: ResolvingDifferences

  58. 8 October 1992

    Passed

    Conference report agreed to in Senate: Senate agreed to conference report by Voice Vote.

    Source: ResolvingDifferences

  59. 19 October 1992

    Floor

    Presented to President.

    Source: Floor

  60. 19 October 1992

    President

    Presented to President.

    Source: President

  61. 28 October 1992

    Became law

    Became Public Law No: 102-549.

    Source: President

  62. 28 October 1992

    Became law

    Signed by President.

    Source: BecameLaw

  63. 28 October 1992

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

Documents

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Reported in House (text)

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  • Reported in House (text)

    Reported in House · EN

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  • Referred in Senate (text)

    Referred in Senate · EN

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  • Introduced in House (text)

    Introduced in House · EN

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  • Enrolled Bill (text)

    Enrolled Bill · EN

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  • Engrossed in House (text)

    Engrossed in House · EN

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  • Engrossed Amendment Senate (text)

    Engrossed Amendment Senate · EN

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  • Committee Discharged Senate (text)

    Committee Discharged Senate · EN

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  • Public Law (PDF)

    Public Law · EN · 29 October 1992

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  • Conference report filed in House

    summary · EN · 5 October 1992

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  • Passed House amended

    summary · EN · 5 August 1992

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  • Reported to House with amendment(s)

    summary · EN · 5 June 1992

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  • Introduced in House

    summary · EN · 28 April 1992

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