HR 5196
101th Congress
House
International Affairs
American economic assistance
Caribbean area
Debt agreements
Foreign loans
Caribbean Debt for Development Act of 1990
Introduced: June 28, 1990
See on congress.gov
Everywhere this bill has been
5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 31, 1990
Subcommittee Hearings Held.
Jul 12, 1990
Referred to the Subcommittee on International Economic Policy and Trade.
Jul 12, 1990
Referred to the Subcommittee on Western Hemisphere Affairs.
Jun 28, 1990
Referred to the House Committee on Foreign Affairs.
Jun 28, 1990
Introduced in House
Plain-English summary
Caribbean Debt for Development Act of 1990 - Deems to be payments made by Caribbean countries to the United States for economic assistance loans: (1) equivalent amounts of local currency deposited into a local currency account for development purposes; and (2) local currency for which the President waives the equivalent deposit requirement. Permits such waiver only if the availability of the local currencies that would otherwise be deposited would be contrary to the long-term development of the country.
Requires annual congressional presentation materials to describe the debt for development agreements entered into under this Act.
What's happening now
Subcommittee Hearings Held.
Committees of jurisdiction
3
Cosponsors
1