HR 5201 · 101th Congress · International Affairs
Aid for Trade Act of 1990
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on International Development, Finance, Trade, and Monetary Policy.(1990-07-15)
Plain Language Summary
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Aid for Trade Act of 1990 - Title I: Use of Foreign Assistance Funds - Allocates, on a percentage basis, bilateral economic assistance for FY 1992 through 1996 for the construction, design, or servicing of capital projects. Limits the use of such assistance to the procurement of U.S. goods and services. Sets specified percentage limits on cash transfers with respect to such economic assistance and Economic Support Funds for FY 1992 through 1996. Requires the Comptroller General to submit to the Congress a study of cash transfer assistance. Declares that nothing in this Act is intended to reduce the amount of bilateral economic assistance (including grants) for any fiscal year for least-developed beneficiary developing countries. Amends the Foreign Assistance Act of 1961 to require the Administrator of each agency, in determining the geographic code for the purchase of goods and services, not to grant any waivers from Geographic Codes 000 (United States only) or 941 (United States and least-developed countries) except for specified reasons. Requires the Administrator of the Agency for International Development to report annually to the Congress on such waivers. Title II: Increase in…
Summarized by Claude AI · Non-partisan · For informational purposes only