HR 5153 · 101th Congress · International Affairs

International Development and Eastern European Recovery Act of 1990

Introduced 1990-06-26· Sponsored by Del. Fauntroy, Walter E. [D-DC-At Large]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 366.(1990-07-11)

Plain Language Summary

[AI summary unavailable — showing source text] African Development and Eastern European Recovery Act of 1990 - Title I: Provisions Relating to the International Bank for Reconstruction and Development - Amends the International Development Association Act to authorize the U.S. Governor of the International Bank for Reconstruction and Development (World Bank) to pay a specified amount to the International Development Association for the ninth replenishment of the Association. Authorizes appropriations. Reduces from the amount obligated for the Association the U.S. share of any loans approved (after 1989) for China for non-basic human needs. Authorizes the Secretary of the Treasury to obligate the withheld amount upon notifying specified congressional committees that payment of such amount is necessary to avoid reductions in lending for countries other than China. Terminates withholding after the Secretary certifies to the Congress that China is guaranteeing and protecting human rights. Directs the Secretary, before the Association or the World Bank considers any loan to China, to report to the House Committee on Banking, Finance and Urban Affairs and the Senate Committee on Foreign Relations on whether the Secretary intends to s…

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