HR 5088 · 101th Congress · International Affairs

Western Hemisphere Debt for Nature Conversion Act

Introduced 1990-06-19· Sponsored by Rep. Kostmayer, Peter H. [D-PA-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on International Economic Policy and Trade.(1990-07-11)

Plain Language Summary

[AI summary unavailable — showing source text] Western Hemisphere Debt for Nature Conversion Act - Authorizes the President, under debt-for-nature swap agreements, to release eligible Latin American and Caribbean countries from obligations to repay economic assistance loans. Directs the President, in determining the eligibility of a country for such agreements, to take into account: (1) the needs for financial resources for protecting or restoring environmentally critical areas and resources in such country; and (2) the commitment of the country's government to such protection and restoration.…

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

Cosponsors (20)

14 Democrats6 Republicans