HR 3439 · 101th Congress · International Affairs
To direct the Secretary of the Treasury to instruct the United States representatives to the multilateral development banks to consider, in voting on any debt reduction loan to a country, the country's progress in reducing drug trafficking.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on International Development, Finance, Trade, and Monetary Policy.(1989-10-16)
Plain Language Summary
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Directs the Secretary of the Treasury to: (1) instruct the U.S. Executive Director of each multilateral development bank to vote to give preference for debt reduction loans to those countries which show marked improvement in reducing the volume of cultivation, processing, trafficking, and export to the United States of illegal drugs; and (2) include in the detailed accounting required by the International Narcotics Control Act of 1986 a discussion of the steps taken to achieve the goals of this Act.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
14 Democrats6 Republicans