At the end of the bill, insert after the last section (preceding the short title) the following new section: \ SEC. 648. None of the funds made available in this Act may be used to make any loan or credit in excess of $250,000,000 to a foreign entity or government of a foreign country through the exchange stabilization fund under section 5302 of title 31, United States Code.

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Amendment Number
730
Description
At the end of the bill, insert after the last section (preceding the short title) the following new section: \ SEC. 648. None of the funds made available in this Act may be used to make any loan or credit in excess of $250,000,000 to a foreign entity or government of a foreign country through the exchange stabilization fund under section 5302 of title 31, United States Code.
Purpose
An amendment numbered 16 and printed in the Congressional record that prohibits any loan in excess of $250 million to a foreign entity through the exchange stabilization fund.
Congress
105
Type
HAMDT
Latest Action Date
Jul 16, 1998
Latest Action Text
On agreeing to the Sanders amendment (A009) Failed by recorded vote: 195 - 226 (Roll No. 291).
Latest Action Time
21:01:10
Submitted Date
Jul 16, 1998
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 730 — Informed