HR 3381 · 106th Congress · International Affairs
Export Enhancement Act of 1999
Bill Progress
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Introduced✓
Committee✓
House Vote✓
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EnactedLatest: Became Public Law No: 106-158.(1999-12-09)
Plain Language Summary
[AI summary unavailable — showing source text]
Export Enhancement Act of 1999 - Amends the Foreign Assistance Act of 1961 to extend through FY 2003 the Overseas Private Investment Corporation's (OPIC) authority to issue investment insurance and guarantees. (Sec. 3) Revises certain OPIC requirements to prohibit the OPIC Board of Directors from voting in favor of any proposed action likely to have significant adverse environmental impacts that are sensitive, diverse, or unprecedented, unless: (1) an environmental impact assessment or initial environmental audit has been completed by the project applicant and made available to the Board of Directors; and (2) such assessment or audit has been made available to the U.S. public, locally affected groups in the host country, and host country nongovernmental organizations. Requires OPIC in conjunction with each Board of Directors' meeting to hold a public hearing in order to afford an opportunity for any person to present views regarding OPIC activities. (Sec. 4) Revises the composition of the OPIC Board of Directors. (Sec. 5) Revises the purposes of the Trade and Development Agency to include, with respect to the promotion of U.S. private sector participation in development projects in…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 3381, Export Enhancement Act of 1999
Nov 24, 1999Pay-as-you-go estimate for the bill as cleared by the Congress on November 17, 1999
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (3)
2 Democrats1 Republican