A resolution expressing the sense of the Senate that $100 million in aid to Poland be used to capitalize an equity fund that could be leveraged to $500 million through the sale of bonds for investment in private Polish enterprises.

Summary

Expresses the sense of the Senate that: (1) a Polish-American Equity Fund will be created through the appropriation by Congress of funds to establish and collateralize a low-interest, tax-advantaged bond issuance; (2) the President shall establish such fund, dedicated to private, rather than public, sector investments in Poland; (3) such investment requires the establishment of a legal framework to facilitate such concerns; and (4) the Overseas Private Investment Corporation expand its efforts through the Opportunity Bank program to match American business expertise and investment with Polish private sector initiatives.

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Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 14 July 1989

  Open at official source

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