S 3323 · 102th Congress · International Affairs

International Commodity Organization Reform Act of 1992

Introduced 1992-10-05· Sponsored by Sen. Brown, Hank [R-CO]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Foreign Relations.(1992-10-05)

Plain Language Summary

[AI summary unavailable — showing source text] International Commodity Organization Reform Act of 1992 - Prohibits funds appropriated under any law from being used for continuing U.S. membership in, or making U.S. payments to, the: (1) International Coffee Organization; (2) International Jute Organization; (3) International Natural Rubber Organization; or (4) International Tropical Timber Organization. Requires the Secretary of State to review all international commodity organizations to which the United States is a party. Directs the President to report to the Congress about international commodity organizations that are anticonsumer and to submit a plan to withdraw from such organizations. Requires the President, for each organization reviewed by the Secretary that is not covered in the congressional report, to certify to the Congress that U.S. membership in the organization would not result in: (1) prices which are artificially higher for American consumers than they would be in a free market; and (2) restraining the supply and availability of products to American consumers.…

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