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HR 5899 110th Congress House

Iraq Shared Investment Act

Official title: To require funding under the Iraq Security Forces Fund to be provided in the form of loans and to require the Government of Iraq to provide matching funds unde… Show full official titleShow less

Official title: To require funding under the Iraq Security Forces Fund to be provided in the form of loans and to require the Government of Iraq to provide matching funds under the Commanders' Emergency Response Program to be used for agreed-upon purposes which enable military commanders in Iraq to respond to urgent humanitarian relief and reconstruction requirements.

Introduced: May 6, 2008 See on congress.gov
Armed Forces and National Security CongressCongress and foreign policyCongress and military policyCongressional oversight
More subjectsShow fewer subjects
Economics and Public FinanceForeign Trade and International FinanceForeign loansInternational AffairsIraqIraq compilationMiddle East and North AfricaMilitary assistanceMilitary occupationMilitary operationsPublic debtWar relief
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 24, 2008
Referred to the Committee on Armed Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 24, 2008
Introduced in House
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 Latest action April 24, 2008

Referred to the Committee on Armed Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Plain-English summary Congressional Research Service

Iraq Shared Investment Act - Requires that amounts made available under the Iraq Security Forces Fund shall be provided as loans subject to full repayment to the U.S. government.

Amends the National Defense Authorization Act for Fiscal Year 2006 to provide that: (1) for each of FY2008-FY2009, the Secretary of Defense shall withhold from obligation and expenditure not less than 20% of the amount made available for the Commanders' Emergency Response Program until the Secretary certifies to the congressional defense committees that the government of Iraq has agreed to provide an amount equal to 20% of the amount made available under the Commanders' Emergency Response Program from its own resources to be used to enable military commanders in Iraq to respond to urgent humanitarian relief and reconstruction requirements; and (2) if the Secretary is unable to make such certification the amount withheld from obligation and expenditure shall be available for national debt reduction.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2
D
Bishop, Sanford D.
Georgia · May 6, 2008
 D
Gillibrand, Kirsten E.
New York · Apr 30, 2008
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5899: Iraq Shared Investment Act. 110th Congress. Open America. https://openamerica.io/bill/110-HR-5899/
MLA
"H.R. 5899: Iraq Shared Investment Act." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-5899/.
Bluebook (legal)
H.R. 5899, 110th Cong. (2026), https://openamerica.io/bill/110-HR-5899/.
Markdown link
[H.R. 5899: Iraq Shared Investment Act](https://openamerica.io/bill/110-HR-5899/)
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