3.0.0 3194 2022-11-01T07:02:35Z 2022-11-01T07:02:35Z House HR 2019-06-11 116 [Congressional Record Volume 165, Number 97 (Tuesday, June 11, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. ENGEL:H.R. 3194.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the Constitution.[Page H4432]]]> hsfa00 Foreign Affairs Committee House Standing Referred to 2019-06-11T14:01:40Z Eastern European Security Act 116 2444 HR 2021-01-13 Became Public Law No: 116-332. Related bill CRS 2019-06-11 Referred to the House Committee on Foreign Affairs. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2019-06-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-06-11 Introduced in House IntroReferral 1000 9 Library of Congress E000179 Rep. Engel, Eliot L. [D-NY-16] ELIOT ENGEL D NY L. 16 N M001157 Rep. McCaul, Michael T. [R-TX-10] Michael McCaul R TX T. 10 2019-06-11 True P000615 Rep. Pence, Greg [R-IN-6] Greg Pence R IN 6 2019-06-24 False W000795 Rep. Wilson, Joe [R-SC-2] Joe Wilson R SC 2 2019-06-24 False International Affairs Alliances Collective security Congressional oversight Defense spending Economic performance and conditions Europe Foreign aid and international relief Government lending and loan guarantees Human rights Military assistance, sales, and agreements News media and reporting Racial and ethnic relations Religion Rule of law and government transparency Russia Sovereignty, recognition, national governance and status User charges and fees International Affairs 00 2019-06-11 Introduced in House 2020-03-02T21:28:33Z NATO Defense Financing Act

This bill authorizes the President to make direct loans to countries that joined the North Atlantic Treaty Organization (NATO) after March 1, 1999, for the purchase of U.S. defense articles. The President may (1) make such loans with lower interest rates than required by statute, and (2) charge fees associated with such loans. Before making such a loan, the Department of State shall certify to Congress that the receiving country (1) is making demonstrable progress toward meeting its NATO defense-spending obligations, (2) is respecting the country's constitution and upholding democratic values, and (3) has demonstrated a commitment to a free market economy and the capacity to meet the loan's terms.

]]> NATO Defense Financing Act Display Title NATO Defense Financing Act Official Title as Introduced To provide financial lending mechanisms to assist North Atlantic Treaty Organization allies in modernizing their military forces, and for other purposes. Introduced in House IH Short Title(s) as Introduced NATO Defense Financing Act Introduced in House IH Introduced in House 2019-06-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr3194ih/xml/BILLS-116hr3194ih.xml 2019-06-11 Referred to the House Committee on Foreign Affairs. 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.