S 1116 · 100th Congress · Foreign Trade and International Finance

Barter and Countertrade Act of 1987

Introduced 1987-04-30· Sponsored by Sen. Exon, J. James [D-NE]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Commerce.(1987-04-30)

Plain Language Summary

[AI summary unavailable — showing source text] Barter and Countertrade Act of 1987 - Establishes the Office of Barter and Countertrade within the Department of Commerce. Requires the Secretary of Commerce to appoint a Director to head such Office. Declares the functions of the Office to be to: (1) monitor international barter trends and countertrade information and to disseminate such information to businesses, educational institutions, and export-related governmental agencies; (2) notify Federal agencies with operations abroad where to barter Government-owned surplus commodities for goods and services; (3) publish lists of commercial opportunities for barter transactions beneficial to U.S. enterprises; and (4) provide assistance to enterprises seeking barter and countertrade opportunities.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (3)

2 Democrats1 Republican