3.0.0 1376 2023-01-15T22:33:34Z 2023-01-15T22:33:34Z House H HR 2003-03-20 108 hsba00 Financial Services Committee House Standing hsba19 Domestic Monetary Policy and Technology Subcommittee Referred to 2003-03-27T17:27:44Z Referred to 2003-03-20T15:18:15Z hsfa00 Foreign Affairs Committee House Standing Referred to 2003-03-20T15:18:20Z 2003-03-27 hsba19 Domestic Monetary Policy and Technology Subcommittee 1 House committee actions Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. Committee 2003-03-20 Referred to the Committee on Financial Services, and in addition to the Committee on International Relations, 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. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2003-03-20 Referred to the Committee on Financial Services, and in addition to the Committee on International Relations, 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. IntroReferral H11100-A 9 Library of Congress 2003-03-20 Referred to the Committee on Financial Services, and in addition to the Committee on International Relations, 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. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2003-03-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2003-03-20 Introduced in House IntroReferral 1000 9 Library of Congress S000522 Rep. Smith, Christopher H. [R-NJ-4] CHRISTOPHER SMITH R NJ H. 4 N F000339 Rep. Frank, Barney [D-MA-4] BARNEY FRANK D MA 4 2003-03-20 True L000169 Rep. Leach, James A. [R-IA-2] JIM LEACH R IA 2 2003-03-20 True L000090 Rep. Lantos, Tom [D-CA-12] TOM LANTOS D CA 12 2003-03-20 True S001144 Rep. Shays, Christopher [R-CT-4] CHRISTOPHER SHAYS R CT 4 2003-03-20 True B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2003-03-20 True M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 2003-03-20 True M000404 Rep. McDermott, Jim [D-WA-7] JIM MCDERMOTT D WA 7 2003-04-29 False L000397 Rep. Lofgren, Zoe [D-CA-16] ZOE LOFGREN D CA 16 2003-05-01 False E000187 Rep. English, Phil [R-PA-3] PHIL ENGLISH R PA 3 2003-05-07 False J000284 Rep. Jones, Stephanie Tubbs [D-OH-11] STEPHANIE JONES D OH TUBBS 11 2003-05-13 False M000312 Rep. McGovern, James P. [D-MA-3] JAMES MCGOVERN D MA P. 3 2003-06-24 False E000092 Rep. Ehlers, Vernon J. [R-MI-3] VERNON EHLERS R MI J. 3 2003-09-03 False A000210 Rep. Andrews, Robert E. [D-NJ-1] ROBERT ANDREWS D NJ E. 1 2003-09-03 False International Affairs AIDS (Disease) Agricultural assistance Agriculture and Food Armed Forces and National Security Arms control Arms sales Biological warfare Caribbean area Chemical warfare Child health Citizen participation Civil Rights and Liberties, Minority Issues Congress Congressional reporting requirements Crime and Law Enforcement Debt relief Developing countries Development credit institutions Disasters Economic assistance Economics and Public Finance Education Elementary and secondary education Elementary education Emergency Management Employee rights Environmental Protection Environmental degradation Export controls Export finance Exports Families Foreign Trade and International Finance Government Operations and Politics Gross national product Health Human immunodeficiency viruses Human rights Infrastructure International cooperation Labor and Employment Latin America Malaria Maternal health services Negotiations Nutrition Potable water Poverty Preventive medicine Prostitution Public corruption Public health Refuse and refuse disposal Science, Technology, Communications Slavery Social Welfare State-sponsored terrorism Technology transfer Terrorism Torture Treaties Tuberculosis User charges Water Resources Development Water supply Women World health International Affairs 00 2003-03-20 Introduced in House 2003-08-26T15:19:20Z Authorizes appropriations for FY 2004 for the U.S. payment to the Heavily Indebted Poor Countries (HIPC) Trust Fund administered by the International Bank for Reconstruction and Development (World Bank). Authorizes additional appropriations for payment to such Fund to meet the additional financing needs of the Enhanced HIPC Initiative, provided the Secretary of the Treasury determines that an agreement by certain multilateral financial institutions regarding modification of the Initiative has been reached.

Amends the International Financial Institutions Act to direct the Secretary to commence immediately efforts within the Paris Club of Official Creditors, as well as the World Bank, the International Monetary Fund (IMF), and other appropriate multilateral development institutions, to accomplish certain modifications in the Initiative, including requiring that: (1) the amount of debt stock reduction for a country eligible for debt relief under the Initiative be sufficient to reduce, for a specified period, the net value of outstanding public guaranteed debt of the country and its annual payments due on such debt to not more than specified formulated percentages; and (2) the debt cancellation under such Initiative not be conditioned on any agreement by an impoverished country to implement or comply with policies that deepen poverty or degrade the environment, or that implement user fees on primary education or primary health care, increase the cost to consumers with incomes of less than $2.00 per day for access to clean drinking water, or that undermine internationally recognized worker rights.

Makes ineligible for debt relief any country that: (1) supports international terrorism; (2) engages in gross violations of internationally recognized human rights; or (3) has been designated as a "Tier 3" nation pursuant to the Victims of Trafficking and Violence Protection Act of 2000 for its failure to cooperate on international trafficking in persons prevention efforts. Conditions debt cancellation upon the country's agreeing to ensure that the financial benefits of such debt relief are applied to programs to combat poverty and to redress environmental degradation.

Amends certain Federal laws to prohibit the provision of foreign assistance or the transfer of certain weapons and technology to countries (or persons) that fail to cooperate with the United States on efforts to combat international terrorism.

Directs the Secretary to report to Congress on options to expand debt relief to non-HIPC countries.

]]> To improve the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Display Title To improve the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Official Title as Introduced To improve the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Introduced in House IH Introduced in House 2003-03-20T05:00:00Z 2003-03-27 Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.