HR 772 · 106th Congress · International Affairs
HOPE for Africa Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Domestic and International Monetary Policy.(1999-03-18)
Plain Language Summary
[AI summary unavailable — showing source text]
Human Rights, Opportunity, Partnership, and Empowerment for Africa Act (or the Hope for Africa Act) - Declares the policy of Congress toward sub-Saharan African countries. Title I: Cancellation of Debt Owed By Sub-Saharan African Countries - Amends the Foreign Assistance Act of 1961 to direct the President to cancel all concessional and nonconcessional loans made, guarantees issued, or credits extended by the United States to sub-Saharan African countries. Directs the President to report annually to the appropriate congressional committees concerning the cancellation of debt. (Sec. 102) Authorizes appropriations. (Sec. 103) Directs the Secretary of State to notify foreign governments that have provided loans, guarantees, or credits to the government of a sub-Saharan African country that it is U.S. policy to forgive all such debts and that such foreign governments should do the same. (Sec. 104) Amends the International Financial Institutions Act to direct the Secretary of the Treasury to instruct the United States Executive Directors at the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (World Bank) to use the U.S. vote to advocate th…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
19 Democrats1 Independent