HR 2493 · 104th Congress · Agriculture and Food

Food for Peace Reauthorization Act of 1995

Introduced 1995-10-18· Sponsored by Rep. Emerson, Bill [R-MO-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.(1995-10-19)

Plain Language Summary

[AI summary unavailable — showing source text] Food for Peace Reauthorization Act of 1995 - Amends the Agricultural Trade Development and Assistance Act of 1954 (the Act) to express the sense of the Congress that: (1) the United States should maintain its role of world leadership in promoting food security and economic development in developing countries; and (2) the President should encourage other advanced nations to consider appropriate levels of food assistance to meet the needs of such countries. (Sec. 3) Amends the Act to authorize private entities (currently, only developing countries) to receive agricultural commodities under credit terms through a Federal program established by the President. (Sec. 4) Amends the Act to provide that trade and development assistance agreements entered into with private entities shall require such security to provide reasonable and adequate assurance of repayment of the credit financing so extended. States that a developing country with an agricultural market development plan shall be considered to have the potential to become a commercial market for competitively priced U.S. agricultural commodities. States that not more than 50 percent of the agricultural commodities sold under the Act …

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

Cosponsors (2)

2 Democrats