S 2899 · 97th Congress · International Affairs

Caribbean-Central America Economic Revitalization Act of 1982

Introduced 1982-09-10· Sponsored by Sen. Percy, Charles H. [R-IL]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Placed on Senate Legislative Calendar under Regular Orders. Calendar No. 781.(1982-09-10)

Plain Language Summary

[AI summary unavailable — showing source text] Caribbean-Central America Economic Revitalization Act of 1982 - Authorizes appropriations for FY 1982 for economic support funds to countries in the Caribbean and Central America. Requires at least 80 percent of such funds (other than funds earmarked for specified development projects) to be used to generate local currencies. Requires such currencies to be used to support activities consistent with the objectives of specified sections of the Foreign Assistance Act of 1961. Earmarks a specified amount of the funds appropriated under this Act for development projects carried out in accordance with the authorities of the sections of the Foreign Assistance Act dealing with agricultural research, population planning and health programs, education and human resources, and indigenous energy resources. Requires specified amounts of such funds to be used: (1) to finance scholarships for Caribbean and Central American students for educational and technical training programs in the United States; (2) by U.S. or indigenous private nonprofit organizations; and (3) by the Inter-American Foundation for its activities in those countries. Limits the amount of funds that may be used for any one coun…

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