HR 3255 · 102th Congress · International Affairs
Gulf War Compensation Act of 1991
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Employment Opportunities.(1991-10-24)
Plain Language Summary
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Gulf War Compensation Act of 1991 - Authorizes the President to direct that any property of the Government of Iraq blocked pursuant to a specified executive order shall vest in the United States and be sold or otherwise liquidated. Provides for the deposit of funds acquired from such sales or liquidations in the general fund of the Treasury. Authorizes appropriations to carry out this Act in amounts up to: (1) amounts deposited in the fund and income from investments of such amounts; and (2) amounts of payments of interest and principal on loans made to small businesses under this Act. Authorizes appropriations for: (1) disaster relief and rehabilitation assistance for Iraqi refugees and other persons in the Persian Gulf region displaced as a result of the Persian Gulf conflict; (2) the U.S. contribution to the United Nations Children's Fund for emergency humanitarian assistance for such individuals; and (3) assistance to countries for the reconstruction of property damaged by the Iraqi armed forces during the Persian Gulf conflict. Makes amounts under this Act available to the Administrator of the Small Business Administration for making loans to small business concerns that are: …
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (16)
12 Democrats4 Republicans