[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5470 Introduced in House (IH)]







106th CONGRESS
  2d Session
                                H. R. 5470

To provide for the opposition of the United States to the provision of 
 any resources or assistance by the International Monetary Fund to the 
   Palestinian Authority until the Secretary of State certifies that 
   Israel and the Palestinian Authority have signed an agreement on 
 borders and security arrangements for Israel and a Palestinian state.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 12, 2000

  Mr. Saxton introduced the following bill; which was referred to the 
              Committee on Banking and Financial Services

_______________________________________________________________________

                                 A BILL


 
To provide for the opposition of the United States to the provision of 
 any resources or assistance by the International Monetary Fund to the 
   Palestinian Authority until the Secretary of State certifies that 
   Israel and the Palestinian Authority have signed an agreement on 
 borders and security arrangements for Israel and a Palestinian state.

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

SECTION 1. OPPOSITION OF THE UNITED STATES TO THE PROVISION OF ANY 
              RESOURCES OR ASSISTANCE BY THE INTERNATIONAL MONETARY 
              FUND TO THE PALESTINIAN AUTHORITY UNTIL ISRAEL AND THE 
              PALESTINIAN AUTHORITY AGREE ON BORDERS AND SECURITY 
              ARRANGEMENTS.

    The Bretton Woods Agreements Act (22 U.S.C. 286-286nn) is amended 
by adding at the end the following:

``SEC. 63. OPPOSITION OF THE UNITED STATES TO THE PROVISION OF ANY 
              RESOURCES OR ASSISTANCE BY THE INTERNATIONAL MONETARY 
              FUND TO THE PALESTINIAN AUTHORITY UNTIL ISRAEL AND THE 
              PALESTINIAN AUTHORITY AGREE ON BORDERS AND SECURITY 
              ARRANGEMENTS.

    ``The Secretary of the Treasury shall instruct the United States 
Executive Director at the Fund to use the voice, vote, and influence of 
the United States to oppose the provision of any resources or 
assistance by the Fund to the Palestinian Authority, until the 
Secretary of State certifies to the Congress that Israel and the 
Palestinian Authority have signed an agreement on borders and security 
arrangements for Israel and a Palestinian state.''.
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