Amendment106th Congress
Amendment originally sought to require OPIC to settle claims within 90 days, allow a 60 day extension for receipt of supplemental information, and pay interest at the prime rate for each day after the specified time limit. \ As amended by the Menendez amendment (A008), the above was replaced with language that requires GAO to submit to Congress a report which reviews the claims activities of OPIC.
- Amendment Number
- 523
- Description
- Amendment originally sought to require OPIC to settle claims within 90 days, allow a 60 day extension for receipt of supplemental information, and pay interest at the prime rate for each day after the specified time limit. \ As amended by the Menendez amendment (A008), the above was replaced with language that requires GAO to submit to Congress a report which reviews the claims activities of OPIC.
- Purpose
- Amendment no. 10 printed in the Congressional Record to require OPIC to settle claims within 90 days, allow a 60 day extension for receipt of supplemental information, and pay interest at the prime rate for each day after the specified time limit.
- Congress
- 106
- Type
- HAMDT
- Latest Action Date
- Oct 13, 1999
- Latest Action Text
- On agreeing to the Terry amendment (A007) as modified and amended Agreed to by voice vote.
- Latest Action Time
- 17:02:05
- Submitted Date
- Oct 13, 1999
- Chamber
- House of Representatives
- Update Date
- Aug 15, 2021