HR 2137 · 102th Congress · International Affairs

Aid for Trade Act of 1991

Introduced 1991-04-30· Sponsored by Rep. Geren, Pete [D-TX-12]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on International Development, Finance, Trade and Monetary Policy.(1991-05-15)

Plain Language Summary

[AI summary unavailable — showing source text] Aid for Trade Act of 1991 - Title I: Use of Foreign Assistance Funds - Allocates, on a percentage basis, bilateral economic assistance for FY 1993 through 1997 and thereafter for the construction, design, or servicing of developmentally sound capital projects. Limits the use of such assistance to the procurement of U.S. goods and services. Establishes a program for the combined use of credits, loans, and guarantees by the Export-Import Bank and the private sector and grants from the Agency for International Development (AID) under the Foreign Assistance Act of 1961 to support the construction, design, or servicing of such capital projects. Directs the President to establish an interagency capital projects coordinating committee composed of specified Federal officials to ensure a strategic approach to the support of such projects. Requires the committee to submit to the Congress a report with respect to the support and coordination of such projects and the extent to which they and tied aid programs have affected U.S. exports. Sets specified percentage limits on cash transfers with respect to Economic Support Funds for FY 1993 through 1997. Requires the Comptroller General to study a…

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

Cosponsors (12)

11 Democrats1 Republican