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S 2210 107th Congress Senate

Debt Relief Enhancement Act of 2002

Official title: A bill to amend the International Financial Institutions Act to provide for modification of the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative.

Introduced: June 10, 2002 See on congress.gov
International Affairs AIDS (Disease)Agriculture and FoodArmed Forces and National SecurityChild labor
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Citizen participationCivil Rights and Liberties, Minority IssuesCollection of accountsCollective bargainingCongressCongress and foreign policyCongressional reporting requirementsCrime and Law EnforcementDebt reliefDefense budgetsDeveloping countriesDisastersDrug abuseDrug law enforcementDrug trafficEconomics and Public FinanceEmergency ManagementEmployee rightsEnvironmental ProtectionEnvironmental degradationEpidemicsFamiliesForced laborForeign Trade and International FinanceForeign loansGovernment Operations and PoliticsHealthHours of laborHuman immunodeficiency virusesHuman rightsInternational agenciesInternational cooperationInternational monetary systemLabor and EmploymentLabor unionsMalariaMaternal and infant welfareMaternal health servicesMinimum wagesMultilateral development banksNutritionOccupational health and safetyPovertyPrenatal carePreventive medicinePublic Lands and Natural ResourcesPublic corruptionSocial WelfareState-sponsored terrorismSustainable developmentTerrorismTuberculosisUser chargesWomenWomen's healthWorld health
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 18, 2002
Read twice and referred to the Committee on Foreign Relations.
Apr 18, 2002
Sponsor introductory remarks on measure. (CR S2966-2967)
Apr 18, 2002
Introduced in Senate
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 Latest action April 18, 2002

Read twice and referred to the Committee on Foreign Relations.

 Plain-English summary Congressional Research Service
Debt Relief Enhancement Act of 2002 - Amends the International Financial Institutions Act to direct the Secretary of the Treasury to commence efforts immediately within the Paris Club of Official Creditors, the International Bank for Reconstruction and Development (IBRD), the International Monetary Fund (IMF), and other appropriate multilateral development institutions to modify the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative so that the amount of debt stock reduction approved for a country eligible for debt relief shall be sufficient to reduce, by a specified deadline, the net present value of the outstanding public and publicly guaranteed debt of the country, and the annual payments due, to levels determined according to certain formulae.

Prohibits conditioning any such debt cancellation on an agreement by an impoverished country to implement or comply with policies that deepen poverty or degrade the environment.

Prescribes other specified conditions and prohibitions with respect to country eligibility.

Requires any country otherwise eligible to receive debt cancellation under the modifications to the Initiative made by this Act to agree to: (1) ensure that the financial benefits of debt cancellation are applied to programs to combat HIV/AIDS and poverty; and (2) implement transparent and participatory policymaking and budget procedures, good governance, and effective anticorruption measures.

Requires the Secretary to report to Congress on the options and costs associated with expanding debt relief under the Initiative to poor countries not eligible for inclusion in it.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Durbin, Richard J.
Illinois · Jul 17, 2002
 D
Murray, Patty
Washington · Jun 10, 2002
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APA
U.S. Congress. (2026). S. 2210: Debt Relief Enhancement Act of 2002. 107th Congress. Open America. https://openamerica.io/bill/107-S-2210/
MLA
"S. 2210: Debt Relief Enhancement Act of 2002." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-2210/.
Bluebook (legal)
S. 2210, 107th Cong. (2026), https://openamerica.io/bill/107-S-2210/.
Markdown link
[S. 2210: Debt Relief Enhancement Act of 2002](https://openamerica.io/bill/107-S-2210/)
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