HR 4961 111th Congress House International Affairs Agricultural trade Caribbean area Congressional oversight Executive agency funding and structure Foreign aid and international relief Foreign loans and debt Fraud offenses and financial crimes Haiti Latin America Property rights Small business

Haitian Private Sector Encouragement Act of 2010

Introduced: March 25, 2010 Introduced by: Clarke, Yvette D. Democratic · New York See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 25, 2010

Referred to the House Committee on Foreign Affairs.

Mar 25, 2010

Introduced in House

Plain-English summary Congressional Research Service

Haitian Private Sector Encouragement Act of 2010 - Authorizes the President to designate one private, nonprofit organization established under state law as the Haitian-American Enterprise Fund, which shall be eligible to receive funds and support under this Act.

Authorizes the President, through the United States Agency for International Development (USAID), to provide a grant to the Fund to promote policies and practices conducive to the development of private property rights for Haitian citizens, particularly citizens of limited economic means, through integration of extralegal property arrangements into property recordation systems that fix the economic potential of assets, integrate ownership information into one system, hold citizens accountable, make assets fungible, and protect commercial transaction integrity.

Directs USAID to monitor Fund activities.

Applies the enterprise fund provisions of the Support for East European Democracy (SEED) Act of 1989 to the Fund in the same manner as such provisions apply to other similar U.S.-established enterprise funds.

Authorizes the President to establish the Haitian-American Economic Oversight Panel to monitor Fund activities and all other U.S. economic development initiatives for Haiti.

Authorizes FY2011 appropriations.

What's happening now March 25, 2010

Referred to the House Committee on Foreign Affairs.

Committees of jurisdiction 1