S 618 · 112th Congress · International Affairs

A bill to promote the strengthening of the private sector in Egypt and Tunisia.

Introduced 2011-03-17· Sponsored by Sen. Kerry, John F. [D-MA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 79.(2011-06-22)

Plain Language Summary

[AI summary unavailable — showing source text] Egyptian-American Enterprise Fund Act - Authorizes the President to establish or designate a private, nonprofit organization (the Egyptian-American Enterprise Fund) to promote: (1) the Egyptian private sector and joint U.S.-Egyptain ventures, (2) good corporate governance and transparency in Egypt, and (3) security through job creation and the creation of an Egyptian middle class. Tunisian-American Enterprise Fund Act - Authorizes the President to establish or designate a private, nonprofit organization (the Tunisian-American Enterprise Fund) to promote: (1) the Tunisian private sector and U.S.-Tunisian joint ventures, (2) good corporate governance and transparency in Tunisia, and (3) security through job creation and the creation of a Tunisian middle class. Authorizes the President to make grants to carry out a Fund's purposes provided that the Fund agrees to: (1) liquidate its assets and dissolve not later than December 31, 2021, unless the Secretary of State determines that the Fund should be extended; (2) ensure that grant funds are not provided to or through any individual, private or government entity, or educational institution that advocates, or engages or has engaged in mo…

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

CBO Cost Estimate

Congressional Budget Office

S. 618, A bill to promote the strengthening of the private sector in Egypt and Tunisia

May 24, 2011

Cost estimate for the bill as ordered reported by the Senate Committee on Foreign Relations on May 17, 2011

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (4)

1 Democrat2 Republicans1 Independent