[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1171 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 1171

   To provide for the elimination of 12 Federal subsidy programs and 
                               projects.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 20, 1997

Mr. Kasich (for himself, Mr. Condit, Mr. Royce, Mr. Andrews, Mr. Klug, 
 Mr. Miller of Florida, and Mr. Chabot) introduced the following bill; 
which was referred to the Committee on Agriculture, and in addition to 
     the Committees on Resources, Commerce, Science, International 
   Relations, Transportation and Infrastructure, Ways and Means, and 
    Banking and 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

_______________________________________________________________________

                                 A BILL


 
   To provide for the elimination of 12 Federal subsidy programs and 
                               projects.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Omnibus Corporate Welfare Reduction 
Act of 1997''.

                     TITLE I--AGRICULTURE PROGRAMS

SEC. 101. ELIMINATION OF THE ELECTRIC AND TELEPHONE PROGRAMS OF THE 
              FEDERAL GOVERNMENT.

    (a) Repeals.--The following provisions of law are repealed:
            (1) The Rural Electrification Act of 1936 (7 U.S.C. 901-
        950aa).
            (2) Sections 1 and 10 of Public Law 93-32 (7 U.S.C. 906a 
        and 930).
            (3) Section 236(a) of the Disaster Relief Act of 1970 (7 
        U.S.C. 912a).
            (4) Section 1 of Public Law 92-12 (7 U.S.C. 921a).
            (5) Section 1 of Public Law 92-324 (7 U.S.C. 921b).
            (6) The first undesignated paragraph under the item 
        designated ``rural telephone bank program account'' in title 
        III of the Agriculture, Rural Development, Food and Drug 
        Administration, and Related Agencies Appropriations Act, 1992 
        (7 U.S.C. 931a).
            (7) Section 1414 of the Omnibus Budget Reconciliation Act 
        of 1987 (7 U.S.C. 944a).
            (8) Subtitle D of title XXIII of the Food, Agriculture, 
        Conservation, and Trade Act of 1990 (7 U.S.C. 950aaa-950aaa-5).
    (b) Conforming Amendments.--
            (1) Section 306(a)(1) of the Consolidated Farm and Rural 
        Development Act (7 U.S.C. 1926(a)(1)) is amended by striking 
        the second sentence.
            (2) Section 2322 of the Food, Agriculture, Conservation, 
        and Trade Act of 1990 (7 U.S.C. 1926-1) is repealed.
            (3) Section 234(b) of the Federal Crop Insurance and 
        Department of Agriculture Reorganization Act of 1994 (7 U.S.C. 
        6944(b)) is amended by striking paragraph (1) and redesignating 
        paragraphs (2) through (5) as paragraphs (1) through (4), 
        respectively.
            (4) Section 231 of the Federal Crop Insurance and 
        Department of Agriculture Reorganization Act of 1994 (7 U.S.C. 
        6941) is amended by striking subsection (e).
            (5) Section 9 of the Act of August 11, 1939 (Chapter 717; 
        53 Stat. 1418; 16 U.S.C. 590z-7) is amended by striking all 
        that follows the last semicolon and inserting a period.
            (6) Section 212 of the Federal Power Act (16 U.S.C. 
        824k(h)(2)(A)) is amended by striking the third undesignated 
        clause.
            (7) Title IV of the Public Utility Regulatory Policies Act 
        of 1978 is amended--
                    (A) in section 401 (16 U.S.C. 2701), by striking 
                ``electric cooperatives,'';
                    (B) in sections 402(a) and 403(a) (16 U.S.C. 
                2702(a) and 2703(a)), by striking ``electric 
                cooperative,''; and
                    (C) in section 408(a) (16 U.S.C. 2708(a)), by 
                striking paragraph (2) and redesignating paragraphs (3) 
                through (8) as paragraphs (2) through (7), 
                respectively.
            (8) Section 501(c)(12) of the Internal Revenue Code of 1986 
        (26 U.S.C. 501(c)(12)) is amended--
                    (A) in subparagraph (B)--
                            (i) by adding ``or'' at the end of clause 
                        (ii);
                            (ii) by striking ``, or'' at the end of 
                        clause (iii) and inserting a period; and
                            (iii) by striking clause (iv); and
                    (B) by striking subparagraph (C) and inserting the 
                following:
                    ``(C) In the case of a mutual or cooperative 
                electric company, subparagraph (A) shall be applied 
                without taking into account any income received or 
                accrued from qualified pole rentals.''.
            (9) Section 9101 of title 31, United States Code, is 
        amended--
                    (A) in paragraph (2), by striking subparagraph (I) 
                and redesignating subparagraphs (J) through (M) as 
                subparagraphs (I) through (L), respectively; and
                    (B) in paragraph (3), by striking subparagraph (K) 
                and redesignating subparagraphs (L) through the first 
                (N) as subparagraphs (K) through (M), respectively.
            (10) Section 9(c) of the Reclamation Project Act of 1939 
        (43 U.S.C. 485h(c)) is amended by striking ``; and also to 
        cooperatives and other nonprofit organizations financed in 
        whole or in part by loans made pursuant to the Rural 
        Electrification Act of 1936''.
            (11) Section 504(g) of the Federal Land Policy and 
        Management Act of 1976 (43 U.S.C. 1764(g)) is amended by 
        striking the last sentence.
    (c) Effect on Existing Contracts.--The repeals and amendments made 
by this section shall not be construed to permit the violation of any 
contract entered into before the date of the enactment of this section.
    (d) Rescission of Unobligated Balances.--There are rescinded the 
unobligated balances of the amounts made available out of 
appropriations made pursuant to any provision of law repealed or 
stricken by this section.

SEC. 102. ELIMINATION OF MARKET ACCESS PROGRAM.

    Section 203 of the Agricultural Trade Act of 1978 (7 U.S.C. 5623) 
is repealed.

                  TITLE II--ENERGY AND WATER PROGRAMS

SEC. 201. LIMITATION ON EXPENDITURES FOR ANIMAS-LA PLATA PROJECT.

    (a) Limitation.--No funds appropriated or otherwise available to 
the Secretary of the Interior may be obligated or expended for the 
Animas-La Plata Project, except for the limited purposes of 
identifying, evaluating, and conducting public education about 
alternatives to the project that, without construction of a reservoir 
in Ridge's Basin, would substantially satisfy the water rights 
interests of the Ute Mountain Ute Indian Tribe and the Southern Ute 
Indian Tribe that were intended to be satisfied with water supplied 
from the project.
    (b) Negotiations.--The Secretary of the Interior shall promptly 
seek to enter into negotiations with the Ute Mountain Ute Indian Tribe 
and the Southern Ute Indian Tribe to satisfy, in a manner consistent 
with all Federal laws, the water rights interests of those tribes that 
were intended to be satisfied with water supplied from the Animas-La 
Plata Project.
    (c) Animas-La Plata Project Defined.--In this section, the term 
``Animas-La Plata Project'' means the Animas-La Plata Project, Colorado 
and New Mexico, a participating project under the Act of April 11, 1956 
(70 Stat. 105; 43 U.S.C. 620; commonly referred to as the ``Colorado 
River Storage Act''), and the Colorado River Basin Project Act (82 
Stat. 885; 43 U.S.C. 1501 et seq.).

SEC. 202. PYROPROCESSING.

    (a) Sense of Congress.--The Congress is concerned about the 
pyroprocessing program and its potential implications regarding 
attempts to revive a liquid metal reactor program. The Congress should 
not proceed with a liquid metal reactor program. The Congress is also 
concerned about what it perceives to be an inadequate review of 
programmatic alternatives to pyroprocessing. Since there is also 
considerable uncertainty concerning the ability of this program to 
dispose of the products from pyroprocessing, the Congress intends to 
monitor this program carefully.
    (b) Deauthorization of Liquid Metal Reactors.--The Energy Policy 
Act of 1992 is amended--
            (1) in section 2121(b)(1)(B) (42 U.S.C. 13491(b)(1)(B)), by 
        striking ``and liquid metal reactors,''; and
            (2) in section 2122(b)(1)(B) (42 U.S.C. 13492(b)(1)(B)), by 
        striking ``and the liquid metal reactor technology''.

                      TITLE III--INTERIOR PROGRAMS

SEC. 301. FOSSIL ENERGY RESEARCH AND DEVELOPMENT.

    (a) General Rule.--Except as otherwise provided in this section, 
the Department of Energy shall not conduct any fossil energy research 
and development activities.
    (b) Authority To Carry Out Termination Activities.--Notwithstanding 
subsection (a), the Secretary of Energy may carry out such fossil 
energy research and development activities as are required by contracts 
entered into before the date of the enactment of this Act, and such 
other activities as are necessary to terminate ongoing fossil energy 
research and development activities, consistent with the report 
required under subsection (c).
    (c) Report on Termination Activities.--Not later than 6 months 
after the date of the enactment of this Act, the Secretary of Energy 
shall transmit to the Congress a report that--
            (1) sets forth a plan for terminating all fossil energy 
        research and development activities of the Department of 
        Energy, including contract activities and all necessary cleanup 
        procedures, by September 30, 1999; and
            (2) identifies the assets of the Department that are used 
        for fossil energy research and development activities and 
        provides for the appropriate disposition or reassignment of 
        those assets.
    (d) Authorization of Appropriations.--There are authorized to be 
appropriated to the Secretary of Energy for carrying out subsections 
(b) and (c) of this section--
            (1) $237,000,000 for fiscal year 1998; and
            (2) $128,000,000 for fiscal year 1999.

SEC. 302. ELIMINATION OF PURCHASER ROAD CREDITS AS FINANCING METHOD FOR 
              NATIONAL FOREST ROAD CONSTRUCTION AND RECOVERY OF FEDERAL 
              COSTS OF FOREST ROAD CONSTRUCTION.

    (a) Findings.--Congress finds the following:
            (1) Serious problems exist concerning numerous aspects of 
        the United States Forest Service.
            (2) In July 1996, the Inspector General of the Department 
        of Agriculture reported on the audit of the Forest Service's 
        financial statements for fiscal year 1995. The audit resulted 
        in an adverse opinion, meaning that the Forest Service's 
        financial statements were considered unreliable.
            (3) The Forest Service could not determine for what purpose 
        $215,000,000 of its $3,400,000,000 in operating and program 
        funds were spent. Likewise, the Forest Service lacks a reliable 
        system for tracking its system of forest roads. The Forest 
        Service started performing inventory counts in an effort to 
        determine the amount invested in roads it owns. These counts 
        identified $1,300,000,000 worth of roads in one region alone 
        that had not been previously recorded.
            (4) In November 1996, the General Accounting Office 
        reported that little computerized information was available 
        from the Forest Service to determine whether timber sales were 
        being made on a competitive basis because some of the 
        computerized tapes containing the needed data were accidentally 
        erased.
    (b) Elimination of Purchaser Road Credits.--Section 4 of Public Law 
88-657 (16 U.S.C. 535; commonly known as the National Forest Roads and 
Trails Act) is amended--
            (1) by striking ``Sec. 4.'' and inserting the following:

``SEC. 4. CONSTRUCTION OF FOREST DEVELOPMENT ROADS.

    ``(a) Authorized Methods to Fund Construction.--'';
            (2) by striking ``including provisions for amortization of 
        road costs in contracts'' and inserting ``except that the 
        Secretary may not provide effective purchaser credit for road 
        construction'';
            (3) by striking the last sentence; and
            (4) by adding at the end the following new subsection:
    ``(b) Effect on Existing Purchaser Road Credits.--Effective 
purchaser credit for any contract awarded before the date of the 
enactment of this subsection may continue to be used in accordance with 
subsection (a), and rules issued under this section, as in effect on 
the day before the date of the enactment of this subsection.''.
    (c) Level of Construction of Forest Roads.--Such section is further 
amended--
            (1) by striking ``: Provided,'' and all that follows 
        through ``as may be appropriate''; and
            (2) by inserting after subsection (b) (as added by 
        subsection (b)(4)) the following new subsection:
    ``(c) Level of Construction of Forest Roads.--In the case of a 
forest road constructed or paid for by a purchaser of national forest 
timber, the Secretary may not require the purchaser to design, 
construct, or maintain the road to a higher standard than the standard 
needed in the harvesting and removal of the timber and other products 
covered by the sale, consistent with existing environmental laws and 
regulations.''.
    (d) Sense of Congress Regarding Recovery of Road Costs.--It is the 
sense of the Congress that the Secretary of Agriculture should recover, 
when practicable, the full cost to the Federal Government of forest 
road design, construction, and maintenance through appropriate fees 
levied upon the users of the roads, whether for logging, recreation, or 
other uses.
    (e) Conforming Amendments Regarding Purchaser Road Credits.--
            (1) Transportation system.--Section 10(a) of the Forest and 
        Rangeland Renewable Resources Planning Act of 1974 (16 U.S.C. 
        1608(a)) is amended by striking ``benefits'' and all that 
        follows through the period at the end of the subsection and 
        inserting ``benefits.''.
            (2) Timber sales with purchaser credit provisions.--Section 
        14 of the National Forest Management Act of 1976 (16 U.S.C. 
        472a) is amended by striking subsection (i).
            (3) Effect on existing contracts.--Subsection (i) of 
        section 14 of the National Forest Management Act of 1976 (16 
        U.S.C. 472a), as in effect on the day before the date of the 
        enactment of this Act, shall continue to apply with respect to 
        any timber contract described in such subsection awarded before 
        the date of the enactment of this Act.

SEC. 303. TERMINATION OF CLEAN COAL TECHNOLOGY PROGRAM.

    (a) In General.--The United States shall not obligate any funds for 
the Clean Coal Technology program.
    (b) Repeal.--
            (1) In general.--Except as provided in paragraph (2), the 
        matter under the heading ``DEPARTMENT OF ENERGY, clean coal 
        technology'' in the Act entitled ``An Act making appropriations 
        for the Department of the Interior and Related Agencies for the 
        fiscal year ending September 30, 1986, and for other purposes'' 
        enacted by section 101(d) of the Joint Resolution entitled 
        ``Joint Resolution making further continuing appropriations for 
        the fiscal year 1986, and for other purposes'' (Public Law 99-
        190; 99 Stat. 1251) is repealed.
            (2) Exception.--The authority provided in the matter 
        repealed by paragraph (1) of this subsection shall be preserved 
        to the extent necessary to carry out obligations of the United 
        States with respect to clean coal technology projects selected 
        by the Secretary of Energy pursuant to the fifth general 
        request for proposals issued by the Secretary under such 
        section 101(d) (and pursuant to any such general request issued 
        before the fifth general request).
    (c) Rescission.--Any unobligated funds previously appropriated for 
the Clean Coal Technology program are rescinded.

                 TITLE IV--FOREIGN OPERATIONS PROGRAMS

SEC. 401. TERMINATION OF OVERSEAS PRIVATE INVESTMENT CORPORATION.

    (a) Termination.--
            (1) Termination of authority to make new obligations.--(A) 
        Effective 60 days after the date of the enactment of this Act, 
        the Overseas Private Investment Corporation shall not issue any 
        insurance, guaranties, or reinsurance, make any loan, or 
        acquire any securities, under section 234 of the Foreign 
        Assistance Act of 1961, enter into any agreements for any other 
        activity authorized by such section 234, or enter into risk 
        sharing arrangements authorized by section 234A of that Act.
            (B) Subparagraph (A) does not require the termination of 
        any contract or other agreement entered into before such 
        paragraph takes effect.
            (2) Termination of opic.--Effective 180 days after the date 
        of the enactment of this Act, the Overseas Private Investment 
        Corporation is abolished.
            (3) Transfer of operations to omb.--The Director of the 
        Office of Management and Budget shall, effective 180 days after 
        the date of the enactment of this Act, perform the functions of 
        the Overseas Private Investment Corporation with respect to 
        contracts and agreements described in paragraph (1)(B) until 
        the expiration of such contracts and agreements, but shall not 
        renew any such contract or agreement. The Director shall take 
        the necessary steps to wind up the affairs of the Corporation.
            (4) Repeal of authorities.--Effective 180 days after the 
        date of the enactment of this Act, title IV of chapter 2 of 
part I of the Foreign Assistance Act of 1961 (22 U.S.C. 2191 and 
following) is repealed, but shall continue to apply with respect to 
functions performed by the Director of the Office of Management and 
Budget under paragraph (3).
            (5) Appropriations.--Funds available to the Corporation 
        shall, upon the effective date of the repeal made by paragraph 
        (4), be transferred to the Director of the Office of Management 
        and Budget for use in performing the functions of the 
        Corporation under paragraph (3). Upon the expiration of the 
        contracts and agreements with respect to which the Director is 
        exercising such functions, any unexpended balances of the funds 
        transferred under this subsection shall be deposited in the 
        Treasury as miscellaneous receipts.
    (b) Savings Provisions.--
            (1) Prior determinations not affected.--The repeal made by 
        subsection (a)(4) of the provisions of law set forth in such 
        subsection shall not affect any order, determination, 
        regulation, or contract that has been issued, made, or allowed 
        to become effective under such provisions before the effective 
        date of the repeal. All such orders, determinations, 
        regulations, and contracts shall continue in effect until 
        modified, superseded, terminated, set aside, or revoked in 
        accordance with law by the President, the Director of the 
        Office of Management and Budget, or other authorized official, 
        a court of competent jurisdiction, or by operation of law.
            (2) Pending proceedings.--(A) The repeal made by subsection 
        (a)(4) shall not affect any proceedings, including notices of 
        proposed rulemaking, pending on the effective date of the 
        repeal, before the Overseas Private Investment Corporation, 
        except that no insurance, reinsurance, guarantee, or loan may 
        be issued pursuant to any application pending on such effective 
        date. Such proceedings, to the extent that they relate to 
        functions performed by the Director of the Office of Management 
        and Budget after such repeal, shall be continued. Orders shall 
        be issued in such proceedings, appeals shall be taken 
        therefrom, and payments shall be made pursuant to such orders, 
        as if this Act had not been enacted; and orders issued in any 
        such proceedings shall continue in effect until modified, 
        terminated, superseded, or revoked by the Director, by a court 
        of competent jurisdiction, or by operation of law. Nothing in 
        this paragraph shall be deemed to prohibit the discontinuance 
        or modification of any such proceeding under the same terms and 
        conditions and to the same extent that such proceeding could 
        have been discontinued or modified if this section had not been 
        enacted.
            (B) The Director of the Office of Management and Budget is 
        authorized to issue regulations providing for the orderly 
        transfer of proceedings continued under subparagraph (A).
            (3) Actions.--Except as provided in paragraph (5)--
                    (A) the provisions of this Act shall not affect 
                suits commenced before the effective date of the repeal 
                made by subsection (a)(4); and
                    (B) in all such suits, proceedings shall be had, 
                appeals taken, and judgments rendered in the same 
                manner and effect as if this section had not been 
                enacted.
            (4) Liabilities incurred.--No suit, action, or other 
        proceeding commenced by or against any officer in the official 
        capacity of such individual as an officer of the Overseas 
        Private Investment Corporation, shall abate by reason of the 
        enactment of this section. No cause of action by or against the 
        Overseas Private Investment Corporation, or by or against any 
        officer thereof in the official capacity of such officer shall 
        abate by reason of the enactment of this section.
            (5) Parties.--If, before the effective date of the repeal 
        made by subsection (a)(4), the Overseas Private Investment 
        Corporation or an officer thereof in the official capacity of 
        such officer, is a party to a suit, then such suit shall be 
        continued with the Director of the Office of Management and 
        Budget substituted or added as a party.
            (6) Review.--Orders and actions of the Director of the 
        Office of Management and Budget in the exercise of functions of 
        the Overseas Private Investment Corporation shall be subject to 
        judicial review to the same extent and in the same manner as if 
        such orders and actions had been issued or taken by the 
        Overseas Private Investment Corporation. Any statutory 
        requirements relating to notice, hearings, action upon the 
        record, or administrative review that apply to any function of 
        the Overseas Private Investment Corporation shall apply to the 
        exercise of such function by the Director of the Office of 
        Management and Budget.
    (c) Technical and Conforming Amendments.--
            (1) Title 5, united states code.--(A) Section 5314 of title 
        5, United States Code, is amended by striking
            ``President, Overseas Private Investment Corporation.''.
            (B) Section 5315 of title 5, United States Code, is amended 
        by striking
            ``Executive Vice President, Overseas Private Investment 
        Corporation.''.
            (C) Section 5316 of title 5, United States Code, is amended 
        by striking
            ``Vice Presidents, Overseas Private Investment Corporation 
        (3).''.
            (2) Other amendments and repeals.--(A) Section 222(a) of 
        the Foreign Assistance Act of 1961 is amended by inserting 
        after ``section 238(c)'' the following: ``as in effect on the 
        day before the effective date of the repeal of that section 
        made by section 401(a)(4) of the Omnibus Corporate Welfare 
        Reduction Act of 1997''.
            (B) Section 2301(b)(9) of the Export Enhancement Act of 
        1988 (15 U.S.C. 4721(b)(9)) is amended by striking ``the 
        Overseas Private Investment Corporation,''.
            (C) Section 2312(d)(1) of the Export Enhancement Act of 
        1988 (15 U.S.C. 4727(d)(1)) is amended--
                    (i) by striking subparagraph (K); and
                    (ii) by redesignating subparagraphs (L) and (M) as 
                subparagraphs (K) and (L), respectively.
            (D) Section 5402(b) of the Omnibus Trade and 
        Competitiveness Act of 1988 (15 U.S.C. 4902(b)) is amended--
                    (i) in paragraph (12) by adding ``and'' after the 
                semicolon;
                    (ii) by striking paragraph (13); and
                    (iii) by redesignating paragraph (14) as paragraph 
                (13).
            (E) Section 624 of the Higher Education Act of 1965 (20 
        U.S.C. 1131c) is amended by striking ``the Overseas Private 
        Investment Corporation,''.
            (F) Section 481(e)(4)(A) of the Foreign Assistance Act of 
        1961 (22 U.S.C. 2291(e)(4)(A)) is amended by striking 
        ``(including programs under title IV of chapter 2, relating to 
        the Overseas Private Investment Corporation)''.
            (G)(i) Section 574 of the Foreign Operations, Export 
        Financing, and Related Programs Appropriations Act, 1996 (22 
        U.S.C. 2394 note) is amended--
                    (I) by amending subsection (b) to read as follows:
    ``(b) Countries.--The countries referred to in subsection (a) are 
countries for which in excess of $5,000,000 has been obligated during 
the previous fiscal year for assistance under sections 103 through 106, 
chapters 10 and 11 of part I, and chapter 4 of part II of the Foreign 
Assistance Act of 1961, and under the Support for East European 
Democracy Act of 1989.''; and
                    (II) in the first sentence of subsection (c) by 
                striking ``the Administrator'' and all that follows 
                through ``Corporation'' and inserting ``and the 
                Administrator of the Agency for International 
                Development''.
            (ii) The amendment made by clause (i) shall first apply to 
        the annual report required to be submitted under section 574(a) 
        of the Foreign Operations, Export Financing, and Related 
        Programs Appropriations Act, 1996 in the fiscal year following 
        the fiscal year in which no funds have been obligated by the 
        Overseas Private Investment Corporation by virtue of this 
        section.
            (H) Section 2(c)(12) of the Support for East European 
        Democracy (SEED) Act of 1989 (22 U.S.C. 5401(c)(12)) is 
        repealed.
            (I) Section 202(b)(2)(B) of the Cuban Liberty and 
        Democratic Solidarity (LIBERTAD) Act of 1996 (22 U.S.C. 
        6062(b)(2)(B)) is amended--
                    (i) by striking clause (iv); and
                    (ii) by redesignating clauses (v), (vi), and (vii) 
                as clauses (iv), (v), and (vi), respectively.
            (J) Section 9101(3) of title 31, United States Code, is 
        amended--
                    (i) by striking subparagraph (H); and
                    (ii) by redesignating subparagraphs (I) through (P) 
                as subparagraphs (G) through (O), respectively.
            (K) The following provisions of law are repealed:
                    (i) Section 5(b)(2) of the Overseas Private 
                Investment Corporation Amendments Act of 1981 (22 
                U.S.C. 2194a).
                    (ii) Section 5 of the Taiwan Relations Act (22 
                U.S.C. 3304).
                    (iii) Subsections (b), (c), and (d) of section 576 
                of the Foreign Operations, Export Financing, and 
                Related Programs Appropriations Act, 1991.
                    (iv) Subsections (b), (c), and (d) of section 597 
                of the Foreign Operations, Export Financing, and 
                Related Programs Appropriations Act, 1990.
                    (v) Sections 109 and 111 of the Overseas Private 
                Investment Corporation Amendments Act of 1988, as 
                enacted by reference in section 555 of Public Law 100-
                461.
            (3) Effective date.--The amendments and repeals made by 
        this subsection shall take effect 180 days after the date of 
        the enactment of this Act.

SEC. 402. SENSE OF THE CONGRESS THAT THE UNITED STATES SHOULD NOT 
              PARTICIPATE IN THE LATEST ROUND OF THE IMF GENERAL 
              AGREEMENTS TO BORROW.

    (a) Findings.--The Congress finds that--
            (1) the International Monetary Fund (IMF) operates outside 
        of public scrutiny, releasing almost no information to the 
        public, thereby avoiding adequate accountability for its 
        programs;
            (2) to ensure that it gets repaid, the IMF frequently 
        imposes ``conditionality'' on its loans--policy changes that 
        borrowing countries must undertake to receive a loan;
            (3) frequently, the IMF has forced developing nations to 
        enact unsound economic policies, which have led to tax 
        increases on the poor, draconian currency devaluations, and 
        resource exploitation;
            (4) the IMF will do considerable harm to developing 
        countries by continuing to make loans to their governments;
            (5) bailing out these governments only encourages them to 
        continue policies detrimental to their citizens, such as 
        destroying scarce natural resources, maintaining bloated 
        bureaucracies, operating money-losing state-sponsored 
        industries, and spending too much on their militaries; and
            (6) new IMF funding to developing countries frequently ends 
        up substituting IMF debt for reschedulable commercial bank 
        debt.
    (b) Sense of the Congress.--It is the sense of the Congress that 
the United States should not participate in the latest round of the 
General Agreements to Borrow, commonly referred to as the ``New 
Arrangements to Borrow''.

SEC. 403. SENSE OF THE CONGRESS THAT THE UNITED STATES SHOULD NOT 
              PROVIDE ADDITIONAL RESOURCES TO THE IMF ENHANCED 
              STRUCTURAL ADJUSTMENT FACILITY.

    (a) Findings.--The Congress finds that--
            (1) the Enhanced Structural Adjustment Facility (ESAF) of 
        the International Monetary Fund makes low interest loans to the 
        poorest developing countries that cannot pay their bills;
            (2) countries that borrow from the ESAF must be prepared to 
        adopt multi-year economic and structural ``reform'' programs, 
        which have frequently done the countries more harm than good; 
        and
            (3) despite 10 years of ESAF lending, poverty continues to 
        increase in many countries that are eligible for loans from the 
        ESAF.
    (b) Sense of the Congress.--It is the sense of the Congress that 
the United States should not provide additional resources to the 
Enhanced Structural Adjustment Facility.

                    TITLE V--TRANSPORTATION PROGRAMS

SEC. 501. SENSE OF CONGRESS CONCERNING HIGHWAY DEMONSTRATION PROJECTS.

    (a) Finding.--Congress finds that--
            (1) the Intermodal Surface Transportation Efficiency Act of 
        1991 (ISTEA) included a five-fold increase in demonstration 
        projects compared to the Surface Transportation and Uniform 
        Relocation Assistance Act of 1987;
            (2) highway demonstration projects provide limited economic 
        benefits; and
            (3) highway demonstration projects frequently are not 
        consistent with key transportation priorities, do not appear on 
        State or regional transportation plans, and draw funds away 
        from other major Federal-aid highway programs.
    (b) Sense of Congress.--It is therefore the sense of Congress that 
highway demonstration projects should not be required by Federal law.

SEC. 502. ELIMINATION OF APPALACHIAN DEVELOPMENT HIGHWAY SYSTEM 
              PROGRAM.

    (a) Repeal.--Section 201 of the Appalachian Regional Development 
Act of 1965 (40 U.S.C. App. 201) is repealed.
    (b) Conforming Amendments.--Section 401 of such Act (40 U.S.C. App. 
401) is amended--
            (1) by striking ``in section 201 for the Appalachian 
        Development Highway System and Local Access Roads, and''; and
            (2) by striking ``and in section 201(g) for the Appalachian 
        development highway system and local access roads,''.
                                 <all>