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S 864 115th Congress Senate International Affairs Bosnia and Herzegovina Business investment and capital Congressional oversight Corporate finance and management Economic development Europe Foreign aid and international relief Government studies and investigations Public-private cooperation Small business U.S. and foreign investments

Balkan Economic Partnership Act

Introduced: April 6, 2017 Introduced by: Shaheen, Jeanne Democratic · New Hampshire See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 6, 2017
Read twice and referred to the Committee on Foreign Relations.
Apr 6, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

Balkan Economic Partnership Act

This bill authorizes the President to designate a private, nonprofit organization to be known as the Bosnia and Herzegovina-American Enterprise Fund to promote private sector development through:

  • the initiation and expansion of employment and profitability of private enterprises;
  • the modeling, promotion, and dissemination of sound corporate governance and law-abiding Western business practices;
  • the promotion of policy reforms to improve the business enabling environment and facilitate foreign and domestic investment; and
  • the demonstration that private sector investment can be undertaken profitably.

The Board of Directors of the fund should adopt the best practices and procedures used by investment funds authorized for the U.S. Agency for International Development through enactment of the Support for East European Democracy (SEED) Act of 1989 and the FREEDOM Support Act.

What's happening now April 6, 2017

Read twice and referred to the Committee on Foreign Relations.

 Committees of jurisdiction 1