A substitute amendment to the Harkin amendment. The amendment requires OPIC to return to the Treasury funds equal to the total amounts appropriated to the corporation prior to January 1, 1975. To do this, the corporation is to return to the treasury in each fiscal year 25 percent of the funds appropriated for it in the previous year, until the total amount required to be returned in a manner consistent with the objectives of section 231 of the Foreign Assistance Act of 1961.

Ask AI
Amendment Number
251
Description
A substitute amendment to the Harkin amendment. The amendment requires OPIC to return to the Treasury funds equal to the total amounts appropriated to the corporation prior to January 1, 1975. To do this, the corporation is to return to the treasury in each fiscal year 25 percent of the funds appropriated for it in the previous year, until the total amount required to be returned in a manner consistent with the objectives of section 231 of the Foreign Assistance Act of 1961.
Purpose
A substitute amendment to the Harkin amendment. The amendment requires OPIC to return to the Treasury funds equal to the total amounts appropriated to the corporation prior to January 1, 1975. To do this, the corporation is to return to the treasury in each fiscal year 25 percent of the funds appropriated for it in the previous year, until the total amount required to be returned in a manner consistent with the objectives of section 231 of the Foreign Assistance Act of 1961.
Congress
97
Type
HAMDT
Latest Action Date
Sep 22, 1981
Latest Action Text
Amendment Passed in Committee of the Whole by Voice Vote.
Submitted Date
Sep 22, 1981
Chamber
House of Representatives
Update Date
Aug 14, 2021
Amendment 251 — Informed