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H.R. 5708

Nicaraguan Investment Conditionality Act (NICA) of 2016

Nicaraguan Investment Conditionality Act (NICA) of 2016

(Sec. 3) This bill states that is U.S. policy to support: (1) the rule of law and an independent judiciary and electoral council in Nicaragua; (2) independent pro-democracy organizations in Nicaragua; and (3) free, fair, and transparent elections under international and domestic observers in Nicaragua in 2016 and 2017.

(Sec. 4) The President shall instruct the U.S. executive director at each international financial institution to use U.S. influence to oppose any loan for the government of Nicaragua's benefit, other than for basic human needs or to promote democracy, unless the Department of State certifies that Nicaragua is taking effective steps to: (1) hold elections overseen by credible domestic and international electoral observers, (2) promote democracy and an independent judiciary system and electoral council, (3) strengthen the rule of law, and (4) respect the right to freedom of association and expression.

The Department of the Treasury shall submit a report assessing: (1) the effectiveness of international financial institutions in enforcing applicable program safeguards in Nicaragua, and (2) the effects of specified election and fiscal transparency matters in Nicaragua on long-term prospects for positive development outcomes there.

(Sec. 5) The President shall direct the U.S. Permanent Representative to the Organization of American States to use U.S. influence to advocate for an Electoral Observation Mission to be sent to Nicaragua in 2016 and 2017.

(Sec. 6) The bill provides that Department of State and the U.S. Agency for International Development should prioritize foreign assistance to the people of Nicaragua to assist civil society in democracy and governance programs, including human rights documentation.

(Sec. 7) The State Department shall report on the involvement of senior Nicaraguan government officials, including members of the Supreme Electoral Council, the National Assembly, and the judicial system, in acts of public corruption or human rights violations in Nicaragua.

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Rep. Ros-Lehtinen, Ileana [R-FL-27](R-FL)Sponsor
20 cosponsors5 D15 R
20cosponsors3committees17actions1amendments1related bills13subjects
  1. IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

    Foreign Relations Committee
  2. FloorH38800

    The title of the measure was amended. Agreed to without objection.

  3. FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  4. FloorH37100

    On passage Passed without objection.

  5. Floor8000

    Passed/agreed to in House: On passage Passed without objection.

  6. FloorH30000

    Considered by unanimous consent. (consideration: CR H5779-5782; text of measure as introduced: CR H5779-5780)

  7. DischargeH12300

    Committee on Financial Services discharged.

    Financial Services Committee
  8. Committee5500

    Committee on Financial Services discharged.

    Financial Services Committee
  9. DischargeH12300

    Committee on Foreign Affairs discharged.

    Foreign Affairs Committee
  10. Committee5500

    Committee on Foreign Affairs discharged.

    Foreign Affairs Committee
  11. FloorH30200

    Mr. Royce asked unanimous consent to discharge from committee and consider.

  12. Committee

    Referred to the Subcommittee on the Western Hemisphere.

    Western Hemisphere Subcommittee
  13. IntroReferralH11100

    Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Financial Services Committee
  14. IntroReferralH11100-A

    Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  15. IntroReferralH11100

    Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Foreign Affairs Committee
  16. IntroReferralIntro-H

    Introduced in House

  17. IntroReferral1000

    Introduced in House

Sep 21, 201636

Nicaraguan Investment Conditionality Act (NICA) of 2016

(Sec. 3) This bill states that is U.S. policy to support: (1) the rule of law and an independent judiciary and electoral council in Nicaragua; (2) independent pro-democracy organizations in Nicaragua; and (3) free, fair, and transparent elections under international and domestic observers in Nicaragua in 2016 and 2017.

(Sec. 4) The President shall instruct the U.S. executive director at each international financial institution to use U.S. influence to oppose any loan for the government of Nicaragua's benefit, other than for basic human needs or to promote democracy, unless the Department of State certifies that Nicaragua is taking effective steps to: (1) hold elections overseen by credible domestic and international electoral observers, (2) promote democracy and an independent judiciary system and electoral council, (3) strengthen the rule of law, and (4) respect the right to freedom of association and expression.

The Department of the Treasury shall submit a report assessing: (1) the effectiveness of international financial institutions in enforcing applicable program safeguards in Nicaragua, and (2) the effects of specified election and fiscal transparency matters in Nicaragua on long-term prospects for positive development outcomes there.

(Sec. 5) The President shall direct the U.S. Permanent Representative to the Organization of American States to use U.S. influence to advocate for an Electoral Observation Mission to be sent to Nicaragua in 2016 and 2017.

(Sec. 6) The bill provides that Department of State and the U.S. Agency for International Development should prioritize foreign assistance to the people of Nicaragua to assist civil society in democracy and governance programs, including human rights documentation.

(Sec. 7) The State Department shall report on the involvement of senior Nicaraguan government officials, including members of the Supreme Electoral Council, the National Assembly, and the judicial system, in acts of public corruption or human rights violations in Nicaragua.

Jul 11, 2016

Nicaraguan Investment Conditionality Act (NICA) of 2016

This bill directs the President to instruct the U.S. Executive Director at each international financial institution to use U.S. influence to oppose any loan or other fund use for the government of Nicaragua's benefit, other than for basic human needs or to promote democracy, unless the Department of State certifies that Nicaragua is taking effective steps to: (1) hold elections overseen by credible domestic and international electoral observers, (2) promote democracy and an independent judiciary system and electoral council, (3) strengthen the rule of law, and (4) respect the right to freedom of association and expression.

The President shall direct the U.S. Permanent Representative to the Organization of American States to use U.S. influence to advocate for an Electoral Observation Mission to be sent to Nicaragua in 2016 and 2017.

Nicaraguan Investment Conditionality Act (NICA) of 2016 — Informed