S 2155 · 97th Congress · Foreign Trade and International Finance

A bill to require a foreign country be declared to be in default before payments are made by the United States Government for loans owed by such country or credits which have been extended to such country which have been guaranteed or assured by agencies of the United States Government.

Introduced 1982-03-02· Sponsored by Sen. Kasten, Robert W., Jr. [R-WI]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Banking requested executive comment from Treasury Department.(1982-03-09)

Plain Language Summary

[AI summary unavailable — showing source text] Requires a foreign country to have been declared in default to a private individual or corporation before the Treasury may make payments to such individual or corporation on federally guaranteed loans to the country.…

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

Cosponsors (12)

2 Democrats10 Republicans