HR 3603 · 95th Congress · Investment guaranty insurance
A bill to provide for termination of investment insurance and guaranties issued by the Overseas Private Investment Corporation in any case in which the investor makes a significant payment to an official of a foreign government for the purpose of influencing the actions of such government.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on International Relations.(1977-02-16)
Plain Language Summary
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Amends the Foreign Assistance Act of 1961 to require the Overseas Private Investment Corporation to terminate insurance or reinsurance issued to any investor, upon a Corporation determination that such investor has offered or paid, directly or indirectly, any significant amount of money (or anything of significant value) to a foreign official to influence any decision of a foreign government.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
16 Democrats3 Republicans1 Independent