[Congressional Record Volume 144, Number 34 (Tuesday, March 24, 1998)]
[Senate]
[Pages S2492-S2496]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          AMENDMENTS SUBMITTED

                                 ______
                                 

   1998 EMERGENCY SUPPLEMENTAL APPROPRIATIONS ACT FOR RECOVERY FROM 
        NATURAL DISASTERS, AND FOR OVERSEAS PEACEKEEPING EFFORTS

                                 ______
                                 

                       McCAIN AMENDMENT NO. 2084

  (Ordered to lie on the table.)
  Mr. McCAIN submitted an amendment intended to be proposed by him to 
the bill (S. 1768) making emergency supplemental appropriations for 
recovery from natural disasters, and for overseas peacekeeping efforts, 
for the fiscal year ending September 30, 1998, and for other purposes; 
as follows:

       At the appropriate place, insert the following:

     SEC.   . ELIGIBILITY FOR REFUGEE STATUS.

       Section 584 of the Foreign Operations, Export Financing, 
     and Related Programs Appropriations Act, 1997 (Public Law 
     104-208; 110 Stat. 3009-171) is amended--
       (1) in subsection (a)--
       (A) by striking ``For purposes'' and inserting 
     ``Notwithstanding any other provision of law, for purposes''; 
     and
       (B) by striking ``fiscal year 1997'' and inserting ``fiscal 
     year 1998 and 1999''; and
       (2) by amending subsection (b) to read as follows:
       ``(b) Aliens Covered.--
       ``(1) In general.--An alien described in this subsection is 
     an alien who--
       ``(A) is the son or daughter of a qualified national;
       ``(B) is 21 years of age or older; and
       ``(C) was unmarried as of the date of acceptance of the 
     alien's parent for resettlement under the Orderly Departure 
     Program.
       ``(2) Qualified national.--For purposes of paragraph (1), 
     the term `qualified national' means a national of Vietnam 
     who--
       ``(A)(i) was formerly interned in a reeducation camp in 
     Vietnam by the Government of the Socialist Republic of 
     Vietnam; or
       ``(ii) is the widow or widower of an individual described 
     in clause (i); and
       ``(B)(i) qualified for refugee processing under the 
     reeducation camp internees subprogram of the Orderly 
     Departure Program; and
       ``(ii) on or after April 1, 1995, is accepted--
       ``(I) for resettlement as a refugee; or
       ``(II) for admission as an immigrant under the Orderly 
     Departure Program.''.
                                 ______
                                 

                STEVENS (AND OTHERS) AMENDMENT NO. 2085

  Mr. STEVENS (for himself, Mr. Cochran, Mrs. Boxer, Mr. Bumpers, Mr. 
Byrd, Mr. Bond, Mr. Lott, and Mr. Ford) proposed an amendment to the 
bill, S. 1768, supra; as follows:

       Pg. 15, after line 21 of the bill insert:
       ``Sec.  . Nothwithstanding any other provision of law, in 
     the case of a person who is selected for training in a State 
     program conducted under the National Guard Challenge Program 
     and who obtains a general education diploma in connection 
     with such training, the general education diploma shall be 
     treated as equivalent to a high school diploma for purposes 
     of determining the eligibility of the person for enlistment 
     in the armed forces.''
                                 ______
                                 

                 HATCH (AND OTHERS) AMENDMENT NO. 2086

  (Ordered to lie on the table.)
  Mr. HATCH (for himself, Mr. Warner, Mr. Lautenberg, and Mr. Robb) 
submitted an amendment intended to be proposed by them to the bill, S. 
1768, supra; as follows:

       On page 51, strike lines 5 through 16 and insert in lieu 
     thereof the following:
       ``Sec. 2001. None of the funds appropriated or otherwise 
     made available in this or any other Act may be obligated or 
     expended by the Patent and Trademark Office to plan for the 
     construction or lease of new facilities until 30 days after 
     the submission of a report by the Secretary of Commerce, to 
     be delivered not later than May 1, 1998, to the Committees on 
     Appropriations analyzing whether the project is properly 
     scoped, the procurement properly structured, and whether the 
     project should go forward. Such funds shall only be made 
     available in accordance with section 605 of Public Law 105-
     119.''
                                 ______
                                 

                GRAMM (AND SANTORUM) AMENDMENT NO. 2087

  (Ordered to lie on the table.)
  Mr. GRAMM (for himself and Mr. Santorum) submitted an amendment 
intended to be proposed by them to the bill, S. 1768, supra; as 
follows:

       At the appropriate place, insert the following:
       Sec.   . Notwithstanding any other provision of this Act or 
     any other provision of law, only that portion of budget 
     authority provided in this Act that is obligated during 
     fiscal year 1998 shall be designated as an emergency 
     requirement pursuant to section 251(b)(2)(D)(i) of the 
     Balanced Budget and Emergency Deficit Control Act of 1985. 
     All remaining budget authority provided in this Act shall not 
     be available for obligation until October 1, 1998.
                                 ______
                                 

                        WYDEN AMENDMENT NO. 2088

  (Ordered to lie on the table.)
  Mr. WYDEN submitted an amendment intended to be proposed by him to 
the bill, S. 1768, supra; as follows:

       At the appropriate place in the bill, insert the following 
     new section:

     SEC.  . ELIMINATION OF SECRECY IN INTERNATIONAL FINANCIAL AND 
                   TRADE ORGANIZATIONS.

       The President shall instruct the United States 
     Representatives to the World Trade Organization, the 
     International Monetary Fund, the World Bank, and regional 
     development banks in which the United States is a member to 
     seek the implementation of a system of open meetings and 
     activities in their respective organizations. Open meetings 
     and activities in an organization include, but are not 
     limited to, a policy that--
       (1) all meetings sponsored by the organization and 
     involving delegates from member countries are open to the 
     public;
       (2) all activities involving voting by member countries are 
     open to the public; and
       (3) all records of meetings and activities are made 
     available to the public.
                                 ______
                                 

                    BAUCUS AMENDMENT NOS. 2089-2090

  (Ordered to lie on the table.)
  Mr. BAUCUS submitted two amendments intended to be proposed by him to 
the bill, S. 1768, supra; as follows:

                           Amendment No. 2089

       On page 5, after line 23, add the following:

      Cooperative State Research, Education, and Extension Service


                 FOOD ANIMAL RESIDUE AVOIDANCE DATABASE

       For an additional amount for the Food Animal Residue 
     Avoidance Database, $150,000.
                                  ____


                           Amendment No. 2090

       On page 59, between lines 7 and 8, insert the following:

     SEC.  . CLAIMS REGARDING PROTEIN CONTENT OF WHEAT.

       (a) In General.--Notwithstanding section 2401 of title 28, 
     United States Code, a claim described in subsection (b) shall 
     be considered to be timely filed if the claim is filed with 
     the Secretary of Agriculture by the date that is 90 days 
     after the date of enactment of this Act.
       (b) Claims.--Subsection (a) applies to a claim that is--
       (1) filed under section 1346 of title 28, United States 
     Code, by a wheat producer in the United States that sold hard 
     red spring wheat or durum wheat during the period beginning 
     May 2, 1993, and ending January 24, 1994; and
       (2) based on the alleged negligence of the Secretary of 
     Agriculture in connection with the determination of the 
     protein content of the wheat.
                                 ______
                                 

                 BAUCUS (AND BURNS) AMENDMENT NO. 2091

  (Ordered to lie on the table.)
  Mr. BAUCUS (for himself and Mr. Burns) submitted an amendment 
intended to be proposed by them to the bill. S. 1768, supra; as 
follows:

       On page 59, between lines 7 and 8, insert the following:

     SEC.  . EXTENSION OF MARKETING ASSISTANCE LOANS.

       Section 133 of the Agricultural Market Transition Act (7 
     U.S.C. 7233) is amended by striking subsection (c) and 
     inserting the following:
       ``(c) Extension.--The Secretary may extend the term of a 
     marketing assistance loan made to producers on a farm for any 
     loan commodity for 1 6-month period.''.
                                 ______
                                 

                       STEVENS AMENDMENT NO. 2092

  Mr. STEVENS proposed an amendment to the bill, S. 1768, supra; as 
follows:

       On page 51, line 22, strike Section 2004 and insert in lieu 
     thereof the following:

[[Page S2493]]

     SEC. 2005. PROVISIONS RELATING TO UNIVERSAL SERVICE SUPPORT 
                   FOR PUBLIC INSTITUTIONAL TELECOMMUNICATIONS 
                   USERS.

       (a) No Inference Regarding Existing Universal Service 
     Administrative Mechanism.--Nothing in this section may be 
     considered as expressing the approval of the Congress of the 
     action of the Federal Communications Commission in 
     establishing, or causing to be established, one or more 
     corporations to administer the schools and libraries program 
     and the rural health care provider program under section 
     254(h) of the Communications Act of 1934 (47 U.S.C. 254(h)), 
     or the approval of any provision of such programs.
       (b) FCC To Report to the Congress.--
       (1) Report due date.--Pursuant to the findings of the 
     General Accounting Office (B-278820) dated February 10, 1998, 
     the Federal Communications Commission shall, by May 8, 1998, 
     submit a 2-part report to the Congress under this section.
       (2) Revised structure.--The report shall propose a revised 
     structure for the administration of the programs established 
     under section 254(h) of the Communications Act of 1934 (47 
     U.S.C. 254(h)). The revised structure shall consist of a 
     single entity.
       (A) Limitation on administration of programs.--The entity 
     proposed by the Commission to administer the programs--
       (i) is limited to implementation of the FCC rules for 
     applications for discounts and processing the applications 
     necessary to determine eligibility for discounts under 
     section 254(h) of the Communications Act of 1934 (47 U.S.C. 
     254(h)) as determined by the Commission;
       (ii) may not administer the programs in any manner that 
     requires that entity to interpret the intent of the Congress 
     in establishing the programs or interpret any rule 
     promulgated by the Commission in carrying out the programs, 
     without appropriate consultation and guidance from the 
     Commission.
       (B) APA Requirements waived.--In preparing the report 
     required by this section, the Commission shall find that good 
     cause exists to waive the requirements of section 553 of 
     title 5, United States Code, to the extent necessary to 
     enable the Commission to submit the report to the Congress by 
     May 8, 1998.
       (3) Report on funding of schools and libraries program and 
     rural health care program.--The report required by this 
     section shall also provide the following information about 
     the contributions to, and requests for funding from, the 
     schools and libraries subsidy program:
       (A) An estimate of the expected reductions in interstate 
     access charges anticipated on July 1, 1998.
       (B) An accounting of the total contributions to the 
     universal service fund that are available for use to support 
     the schools and libraries program under section 254(h) of the 
     Communications Act of 1934 (47 U.S.C. 254(h)) for the second 
     quarter of 1998.
       (C) An accounting of the amount of the contribution 
     described in subparagraph (B) that the Commission expects to 
     receive from--
       (i) incumbent local exchange carriers;
       (ii) interexchange carriers;
       (iii) information service providers;
       (iv) commercial mobile radio service providers; and
       (v) any other provider.
       (D) Based on the applications for funding under section 
     254(h) of the Communications Act of 1934 (47 U.S.C. 254(h)) 
     received as of April 15, 1998, an estimate of the costs of 
     providing universal service support to schools and libraries 
     under that section disaggregated by eligible services and 
     facilities as set forth in the eligibility list of the 
     Schools and Libraries Corporation, including--
       (i) the amounts requested for costs associated with 
     telecommunications services;
       (ii) the amounts requested for costs described in clause 
     (i) plus the costs of internal connections under the program; 
     and
       (iii) the amounts requested for the costs described in 
     clause (ii), plus the cost of internet access;
       (iv) the amount requested by eligible schools and libraries 
     in each category and discount level listed in the matrix 
     appearing at paragraph 520 of the Commission's May 8, 1997 
     Order, calculated as dollar figures and as percentages of the 
     total of all requests:
       (I) the amount requested by eligible schools and libraries 
     in each such category and discount level to provide 
     telecommunications services;
       (II) the amount requested by eligible schools and libraries 
     in each such category and discount level to provide internal 
     connections; and
       (III) the amount requested by eligible schools and 
     libraries in each such category and discount level to provide 
     internet access.
       (E) A justification for the amount, if any, by which the 
     total requested disbursements from the fund described in 
     subparagraph (D) exceeds the amount of available 
     contributions described in subparagraph (B).
       (F) Based on the amount described in subparagraph (D), an 
     estimate of the amount of contributions that will be required 
     for the schools and libraries program in the third and fourth 
     quarters of 1998, and, to the extent these estimated 
     contributions for the third and fourth quarter exceed the 
     current second-quarter contribution, the Commission shall 
     provide an estimate of the amount of support that will be 
     needed for each of the eligible services and facilities as 
     set forth in the eligibility list of the Schools and 
     Libraries Corporation, and disaggregated as specified in 
     subparagraph (D).
       (G) An explanation of why restricting the basis of 
     telecommunications carriers' contributions to universal 
     service under 254(a)(3) of the Communications Act of 1934 (47 
     U.S.C. 254(a)(3)) to interstate revenues, while requiring 
     that contributions to universal service under section 254(h) 
     of that Act (47 U.S.C. 254(h)) be based on both interstate as 
     well as intrastate revenues, is consistent with the 
     provisions of section 254(d) of that Act (47 U.S.C. 254(d)).
       (H) An explanation as to whether access charge reductions 
     should be passed through on a dollar-for-dollar basis to each 
     customer class on a proportionate basis.
       (I) An explanation of the contribution mechanisms 
     established by the Commission under the Commission's Report 
     and Order (FCC 97-157), May 8, 1997, and whether any direct 
     end-user charges on consumers are appropriate.
       (c) Imposition of Cap on Compensation of Individuals 
     Employed To Carry Out the Programs.--No officer or employee 
     of the entity to be proposed to be established under 
     subsection (b)(2) of this section may be compensated at an 
     annual rate of pay, including any non-regular, extraordinary, 
     or unexpected payment based on specific determinations of 
     exceptionally meritorious service or otherwise, bonuses, or 
     any other compensation (either monetary or in-kind), which 
     exceeds the rate of basic pay in effect from time to time for 
     level I of the Executive Schedule under section 5312 of title 
     5, United States Code.
       (d) Second-Half 1998 Contributions.--Before June 1, 1998, 
     the Federal Communications Commission may not--
       (1) adjust the contribution factors for telecommunications 
     carriers under section 254; or
       (2) collect any such contribution due for the third or 
     fourth quarter of calendar year 1998.

                                 ______
                                 

                      BROWNBACK AMENDMENT NO. 2093

  (Ordered to lie on the table.)
  Mr. BROWNBACK submitted an amendment intended to be proposed by him 
to the bill, S. 1768, supra; as follows:

       On page __, after line __, insert the following:

     SEC. __. FULL OFFSET OF SPENDING.

       Upon enactment of this Act, the Director of the Office of 
     Management and Budget shall reduce the nondefense 
     discretionary spending limits (on a pro rata basis for each 
     category) for budget authority for fiscal year 1999 by the 
     amounts required to offset budget authority provided for 
     fiscal year 1998 in this Act. This section shall apply to any 
     amount designated as emergency spending in this Act.
                                 ______
                                 

                   ASHCROFT AMENDMENTS NOS. 2094-2095

  Ordered to lie on the table.)
  Mr. ASHCROFT submittted two amendments intended to be proposed by him 
to the bill, S. 1768, supra; as follows:

                           Amendment No. 2094

       At the appropriate place insert the following:

     SEC. __. ESTABLISHMENT OF, AND LIMITATION ON FUTURE CHANGES 
                   TO, PUBLICLY-HELD FEDERAL DEBT CEILING.

       (a) Establishment of Publicly-Held Federal Debt Ceiling.--
     Section 3101(b) of title 31, United States Code, is amended--
       (1) by striking ``(b) The face amount'' and inserting 
     ``(b)(1) Subject to paragraph (2), the face amount'', and
       (2) by adding at the end the following:
       ``(2) The face amount of the obligations described in 
     paragraph (1) not held by Government accounts may not be more 
     than $3,774,000,000,000 outstanding at one time.''.
       (b) Point of Order Against Changes in Publicly-Held Federal 
     Debt Ceiling.--Title IV of the Congressional Budget Act of 
     1974 is amended by--
       (1) redesignating section 407 as section 408; and
       (2) inserting after section 406 the following:


 ``POINT OF ORDER AGAINST CHANGES IN PUBLICLY-HELD FEDERAL DEBT CEILING

       ``Sec. 407. (a) In General.--Except as otherwise provided 
     in this section and notwithstanding any other provision of 
     law, it shall not be in order in the Senate or House of 
     Representatives to consider any bill, resolution, or 
     resolution of ratification (or amendment, motion, or 
     conference report on that bill or resolution) that would 
     raise the Federal debt limit specified in section 3101(b)(2) 
     of title 31, United States Code, for any fiscal year.
       ``(b) Exception for Declaration of War.--Subsection (a) 
     shall not apply if a declaration of war by the Congress is in 
     effect.
       ``(c) Timing of Points of Order in the Senate.--A point of 
     order under subsection (a) may not be raised against a bill, 
     resolution, amendment, motion, or conference report while an 
     amendment or motion, the adoption of which would remedy the 
     violation of subsection (a), is pending before the Senate.
       ``(d) Points of Order in the Senate Against Amendments 
     Between the Houses.--The provision of subsection (a)

[[Page S2494]]

     that establishes a point of order against an amendment also 
     establishes a point of order in the Senate against an 
     amendment between the Houses. If a point of order under 
     subsection (a) is raised in the Senate against an amendment 
     between the Houses and the point of order is sustained, the 
     effect shall be the same as if the Senate had disagreed to 
     the amendment.
       ``(e) Effect of a Point of Order in the Senate.--In the 
     Senate, if a point of order under subsection (a) against a 
     bill or resolution is sustained, the Presiding Officer shall 
     then recommit the bill or resolution to the committee of 
     appropriate jurisdiction for further consideration.
       ``(f) Waiver.--A point of order under subsection (a) may be 
     waived or suspended in the Senate and the House of 
     Representatives only by the affirmative vote of three-fifths 
     of the Members, duly chosen and sworn.''.
       (c) Clerical Amendment.--The table of contents of the 
     Congressional Budget and Impoundment Control Act of 1974 is 
     amended in title IV by--
       (1) redesignating section 407 as section 408; and
       (2) inserting after the item for section 406 the following:

``Sec. 407. Point of order against changes in level of publicly-held 
              Federal debt.''.

       (d) Effective Date.--The amendments made by this section 
     shall apply to fiscal years beginning after September 30, 
     1998.
                                  ____


                           Amendment No. 2095

       On page 8, after line 25, insert the following new section 
     and renumber the remaining section accordingly:

     SEC. __. ADVOCACY OF POLICIES TO ENHANCE THE GENERAL 
                   EFFECTIVENESS OF THE INTERNATIONAL MONETARY 
                   FUND.

       The Secretary of the Treasury shall instruct the United 
     States Executive Director of the International Monetary Fund 
     to use aggressively the voice and vote of the United States 
     to vigorously promote policies to--
       (1) increase the effectiveness of the International 
     Monetary Fund in promoting market-oriented reform, trade 
     liberalization, economic growth, democratic governance, and 
     social stability; and
       (2) encourage the opening of markets for agricultural 
     commodities and products by requiring recipient countries to 
     make efforts to reduce trade barriers.
                                 ______
                                 

                    GORTON AMENDMENTS NOS. 2096-2097

  (Ordered to lie on the table.)
  Mr. GORTON submitted two amendments intended to be proposed by him to 
the bill, S. 1768, supra; as follows:

                           Amendment No. 2096

       At the appropriate place, insert the following:

     SEC. __. LIMITATIONS ON INTERNATIONAL MONETARY FUND LOANS TO 
                   INDONESIA.

       The Secretary of the Treasury shall instruct the United 
     States Executive Director of the International Monetary Fund 
     to use the voice and vote of the United States to prevent the 
     extension by the International Monetary Fund of loans or 
     credits that would--
       (1) personally benefit the President of Indonesia or any 
     member of the President's family, or
       (2) benefit any financial institution or commercial 
     enterprise in which the President of Indonesia or any member 
     of the President's family has a financial interest.
                                  ____


                           Amendment No. 2097

       On page __, line __ of the amendment, strike ``House of 
     Representatives.'' and insert the following:
     House of Representatives.

     SEC. __. LIMITATIONS ON INTERNATIONAL MONETARY FUND LOANS TO 
                   INDONESIA.

       The Secretary of the Treasury shall instruct the United 
     States Executive Director of the International Monetary Fund 
     to use the voice and vote of the United States to prevent the 
     extension by the International Monetary Fund of loans or 
     credits that would--
       (1) personally benefit the President of Indonesia or any 
     member of the President's family, or
       (2) benefit any financial institution or commercial 
     enterprise in which the President of Indonesia or any member 
     of the President's family has a financial interest.
                                 ______
                                 

                 LEAHY (AND OTHERS) AMENDMENT NO. 2098

  Mr. LEAHY (for himself, Mr. Abraham, Mr. Levin, Mr. DeWine, Mr. 
Glenn, Mr. Kohl, Mr. Gorton, Mr. Moynihan, Mr. Santorum, and Mr. 
Feingold) proposed an amendment to the bill, S. 1768, supra; as 
follows:

       At the appropriate place, add the following:
       Sec.  . Section 203 of the National Sea Grant College 
     Program Act (33 U.S.C. 1122) is amended by--
       (1) striking paragraph (5) and redesignating paragraphs (6) 
     through (17) as paragraphs (5) through (16);
       (2) redesignating subparagraphs (C) through (F) of 
     paragraph (7), as redesignated, as subparagraphs (D) through 
     (G); and
       (3) inserting after subparagraph (B) of paragraph (7), as 
     redesignated, the following:
       ``(C) Lake Champlain (to the extent that such resources 
     have hydrological, biological, physical, or geological 
     characteristics and problems similar or related to those of 
     the Great Lakes);''
                                 ______
                                 

                       CHAFEE AMENDMENT NO. 2099

  (Ordered to lie on the table.)
  Mr. CHAFEE submitted an amendment intended to be proposed by him to 
the bill, S. 1768, supra; as follows:

       On page 17, beginning on line 10, strike ``to be conducted 
     at full Federal expense''.
                                 ______
                                 

               McCONNELL (AND OTHERS) AMENDMENT NO. 2100

  Mr. McCONNELL (for himself, Mr. Hagel, Mr. Gramm, and Mr. Stevens) 
proposed an amendment to the bill, S. 1768, supra; as follows:

       At the appropriate place, insert the following new title:

                 TITLE   --INTERNATIONAL MONETARY FUND

       That the following sums are appropriated, out of any money 
     in the Treasury and otherwise appropriated, for the 
     International Monetary Fund for the fiscal year ending 
     September 30, 1998, and for other purposes, namely:

                    MULTILATERAL ECONOMIC ASSISTANCE


                  funds appropriated to the president

                  loans to international monetary fund

                       new arrangements to borrow

       For loans to the International Monetary Fund (Fund) under 
     the New Arrangements to Borrow, the dollar equivalent of 
     2,462,000,000 Special Drawing Rights, to remain available 
     until expended; in addition, up to the dollar equivalent of 
     4,250,000,000 Special Drawing Rights previously appropriated 
     by the Act of November 30, 1983 (Public Law 98-181), and the 
     Act of October 23, 1962 (Public Law 87-872), for the General 
     Arrangements to Borrow, may also be used for the New 
     Arrangements to Borrow.


                          united states quota

       For an increase in the United States quota in the 
     International Monetary Fund, the dollar equivalent of 
     10,622,500,000 Special Drawing Rights, to remain available 
     until expended.

                           GENERAL PROVISIONS

       Section   . Conditions for the Use of Quota Resources.--(a) 
     None of the funds appropriated in this Act under the heading 
     ``United States Quota, International Monetary Fund'' may be 
     obligated, transferred or made available to the International 
     Monetary Fund until 30 days after the Secretary of the 
     Treasury certifies that the major shareholders of the 
     International Monetary Fund, including the United States, 
     Japan, the Federal Republic of Germany, France, Italy, the 
     United Kingdom, and Canada have publicly agreed to, and will 
     seek to implement in the Fund, policies that provide 
     conditions in stand-by agreements or other arrangements 
     regarding the use of Fund resources, requirements that the 
     recipient country--
       (1) liberalize restrictions on trade in goods and services 
     and on investment, at a minimum consistent with the terms of 
     all international trade obligations and agreements; and
       (2) to eliminate the practice or policy of government 
     directed lending on non-commercial terms or provision of 
     market distorting subsidies to favored industries, 
     enterprises, parties, or institutions.
       (b) Subsequent to the certification provided in subsection 
     (a), in conjunction with the annual submission of the 
     President's budget, the Secretary of the Treasury shall 
     report to the appropriate committees on the implementation 
     and enforcement of the provisions in subsection (a).
       (c) The United States shall exert its influence with the 
     Fund and its members to encourage the Fund to include as part 
     of its conditions of stand-by agreements or other uses of the 
     Fund's resources that the recipient country take action to 
     remove discriminatory treatment between foreign and domestic 
     creditors in its debt resolution proceedings. The Secretary 
     of the Treasury shall report back to the Congress six months 
     after the enactment of this Act, and annually thereafter, on 
     the progress in achieving this requirement.
       (d) Nothing in this section shall be construed to create 
     any private right of action with respect to the enforcement 
     of its terms.
       Sec.   . Transparency and Oversight.--(a) Not later than 30 
     days after enactment of this Act, the Secretary of the 
     Treasury shall certify to the appropriate committees that the 
     Board of Executive Directors of the International Monetary 
     Fund has agreed to provide timely access by the Comptroller 
     General to information and documents relating to the Fund's 
     operations, program and policy reviews and decisions 
     regarding stand-by agreements and other uses of the Fund's 
     resources.
       (b) The Secretary of the Treasury shall direct, and the 
     U.S. Executive Director to the International Monetary Fund 
     shall agree to--
       (1) provide any documents or information available to the 
     Director that are requested by the Comptroller General;

[[Page S2495]]

       (2) request from the Fund any documents or material 
     requested by the Comptroller General; and
       (3) use all necessary means to ensure all possible access 
     by the Comptroller General to the staff and operations of the 
     Fund for the purposes of conducting financial and program 
     audits.
       (c) The Secretary of the Treasury, in consultation with the 
     Comptroller General and the U.S. Executive Director of the 
     Fund, shall develop and implement a plan to obtain timely 
     public access to information and documents relating to the 
     Fund's operations, programs and policy reviews and decisions 
     regarding stand-by agreements and other uses of the Fund's 
     resources.
       (d) No later than July 1, 1998 and, not later than March 1 
     of each year thereafter, the Secretary of the Treasury shall 
     submit a report to the appropriate committees on the status 
     of timely publication of Letters of Intent and Article IV 
     consultation documents and the availability of information 
     referred to in (c).
       Sec.   . Advisory Commission.--(a) The President shall 
     establish an International Financial Institution Advisory 
     Commission (hereafter ``Commission'').
       (b) The Commission shall include at least five former 
     United States Secretaries of the Treasury.
       (c) Within 180 days, the Commission shall report to the 
     appropriate committees on the future role and 
     responsibilities, if any, of the International Monetary Fund 
     and the merit, costs and related implications of 
     consolidation of the organization, management, and activities 
     of the International Monetary Fund, the International Bank 
     for Reconstruction and Development and the World Trade 
     Organization.
       Sec.   . Bretton Woods Conference.--Not later than 180 days 
     after the Commission reports to the appropriate committees, 
     the President shall call for a conference of representatives 
     of the governments of the member countries of the 
     International Monetary Fund, the International Bank for 
     Reconstruction and Development and the World Trade 
     Organization to consider the structure, management and 
     activities of the institutions, their possible merger and 
     their capacity to contribute to exchange rate stability and 
     economic growth and to respond effectively to financial 
     crises.
       Sec.   . Reports.--(a) Following the extension of a stand-
     by agreement or other uses of the resources by the 
     International Monetary Fund, the Secretary of the Treasury, 
     in consultation with the U.S. Executive Director of the Fund, 
     shall submit a report to the appropriate committees providing 
     the following information--
       (1) the borrower's rules and regulations dealing with 
     capitalization ratios, reserves, deposit insurance system and 
     initiatives to improve transparency of information on the 
     financial institutions and banks which may benefit from the 
     use of the Fund's resources;
       (2) the burden shared by private sector investors and 
     creditors, including commercial banks in the Group of Seven 
     Nations, in the losses which have prompted the use of the 
     Fund's resources;
       (3) the Fund's strategy, plan and timetable for completing 
     the borrower's pay back of the Fund's resources including a 
     date by which he borrower will be free from all international 
     institutional debt obligation; and
       (4) the status of efforts to upgrade the borrower's 
     national standards to meet the Basle Committee's Core 
     Principles for Effective Banking Supervision.
       (b) Following the extension of a stand-by agreement or 
     other use of the Fund's resources, the Secretary of the 
     Treasury shall report to the appropriate committees in 
     conjunction with the annual submission of the President's 
     budget, an account of the direct and indirect institutional 
     recipients of such resources: Provided, That this account 
     shall include the institutions or banks indirectly supported 
     by the Fund through resources made available by the 
     borrower's Central Bank.
       (c) Not later than 30 days after the enactment of this Act, 
     the Secretary shall submit a report to the appropriate 
     committees of Congress providing the information requested in 
     paragraphs (a) and (b) for the countries of South Korea, 
     Indonesia, Thailand and the Philippines.
       Sec.   . Certifications.--(a) The Secretary of the Treasury 
     shall certify to the appropriate committees that the 
     following conditions have been met--
       (1) No International Monetary Fund resources have resulted 
     in direct support to the semiconductor, steel, automobile, or 
     textile and apparel industries in any form;
       (2) The Fund has not guaranteed nor underwritten the 
     private loans of semiconductor, steel, automobile, or textile 
     and apparel manufacturers; and
       (3) Officials from the Fund and the Department of the 
     Treasury have monitored the implementation of the provisions 
     contained in stabilization programs in effect after July 1, 
     1997, and all of the conditions have either been met, or the 
     recipient government has committed itself to fulfill all of 
     these conditions according to an explicit timetable for 
     completion; which timetable has been provided to and approved 
     by the Fund and the Department of the Treasury.
       (b) Such certifications shall be made 14 days prior to the 
     disbursement of any Fund resources to the borrower.
       (c) The Secretary of the Treasury shall instruct the United 
     States Executive Director of the International Monetary Fund 
     to use the voice and vote of the Executive Director to oppose 
     disbursement of further funds if such certification is not 
     given.
       (d) Such certifications shall continue to be made on an 
     annual basis as long as Fund contributions continue to be 
     outstanding to the borrower country.
       Sec.   . Definitions.--For the purposes of this Act, 
     ``appropriate committees'' includes the Appropriations 
     Committee, the Committee on Foreign Relations, Committee on 
     Finance and the Committee on Banking, Housing and Urban 
     Affairs of the Senate and the Committee on Appropriations and 
     the Committee on Banking and Financial Services in the House 
     of Representatives.
       This title may be cited as the ``1998 Supplemental 
     Appropriations Act for the International Monetary Fund''.

                                 ______
                                 

                  FRIST (AND BYRD) AMENDMENT NO. 2101

  Mr. STEVENS (for Mr. Frist, for himself and Mr. Byrd) proposed an 
amendment to the bill, S. 1768, supra; as follows:

       At the appropriate place, insert the following:

     SEC.   . EXEMPTION AUTHORITY FOR AIR SERVICE TO SLOT-
                   CONTROLLED AIRPORTS.

       (a) In General.--Section 41714(i) of title 49, United 
     States Code, is amended by--
       (1) striking ``Certain'' in the caption;
       (2) striking ``120'' and inserting ``90''; and
       (3) striking ``(a)(2) to improve air service between a 
     nonhub airport (as defined in section 41731(a)(4)) and a high 
     density airport subject to the exemption authority under 
     subsection (a),'' and inserting ``(a) or (c),''.
       (b) Effective Date.--
       (1) In General.--The amendments made by subsection (a) 
     apply to applications for slot exemptions pending at the 
     Department of Transportation under section 41714 of title 49, 
     United States Code, on the date of enactment of this Act or 
     filed thereafter.
       (2) Application to Pending Requests.--For the purpose of 
     applying the amendments made by subsection (a) to 
     applications pending on the date of enactment of this Act, 
     the Secretary of Transportation shall take into account the 
     number of days the application was pending before the date of 
     enactment of this Act. If such an application was pending for 
     80 or more days before the date of enactment of this Act, the 
     Secretary shall grant or deny the exemption to which the 
     application relates within 20 calendar days after that date.
                                 ______
                                 

                 GORTON (AND GREGG) AMENDMENT NO. 2102

  Mr. GORTON (for himself and Mr. Gregg) proposed an amendment to the 
bill, S. 1768, supra; as follows:

       At the appropriate place, insert the following:

     SEC. __. LIMITATIONS ON INTERNATIONAL MONETARY FUND LOANS TO 
                   INDONESIA.

       The Secretary of the Treasury shall instruct the United 
     States Executive Director of the International Monetary Fund 
     to use the voice and vote of the United States to prevent the 
     extension by the International Monetary Fund of loans or 
     credits that would--
       (1) personally benefit the President of Indonesia or any 
     member of the President's family, or
       (2) benefit any financial institution or commercial 
     enterprise in which the President of Indonesia or any member 
     of the President's family has a financial interest.
                                 ______
                                 

                      FAIRCLOTH AMENDMENT NO. 2103

  Mr. FAIRCLOTH proposed an amendment to the bill, S. 1768, supra; as 
follows:

       At the appropriate place, add the following:

     SEC. __. EDUCATION STABILIZATION LOANS AND FUND.

       (a) Loans.--
       (1) In general.--The Secretary of Education (referred to in 
     this subsection as the ``Secretary'') shall make loans to 
     States for the purpose of constructing and modernizing 
     elementary schools and secondary schools.
       (2) Terms.--The Secretary shall make low interest, long-
     term loans, as determined by the Secretary, under paragraph 
     (1). The Secretary shall determine the eligibility 
     requirements for, and the terms of, any loan made under 
     paragraph (1).
       (3) Allocation of funds.--The Secretary shall determine a 
     formula for allocating the funds made available under 
     subsection (b)(4) to States for loans under paragraph (1). 
     The Secretary shall ensure that the formula provides for the 
     allocation of funds for such loans to each eligible State. In 
     determining the formula, the Secretary shall take into 
     consideration the need for financial assistance of States 
     with significant increases in populations of elementary 
     school and secondary school students.
       (4) Definitions.--In this subsection, the terms 
     ``elementary school'' and ``secondary school'' have the 
     meanings given the terms in section 14101 of the Elementary 
     and Secondary Education Act of 1965 (20 U.S.C. 8801).
       (b) Fund.--
       (1) Establishment.--There is established in the Treasury of 
     the United States a trust fund, to be known as the 
     ``Education Stabilization Fund'', consisting of the amounts

[[Page S2496]]

     transferred to or deposited in the Trust Fund under paragraph 
     (2) and any interest earned on investment of the amounts in 
     the Trust Fund under paragraph (3).
       (2) Transfers and deposits.--
       (A) Transfer.--The Secretary of the Treasury shall transfer 
     to the Trust Fund an amount equal to $5,000,000,000 from the 
     stabilization fund described in section 5302 of title 31, 
     United States Code.
       (B) Deposits.--There shall be deposited in the Trust Fund 
     all amounts received by the Secretary of Education incident 
     to loan operations under subsection (a), including all 
     collections of principal and interest.
       (3) Investment of trust fund.--
       (A) In general.--The Secretary of the Treasury shall invest 
     the portion of the Trust Fund that is not, in the Secretary's 
     judgment, required to meet current withdrawals.
       (B) Obligations.--Such investments may be made only in 
     interest-bearing obligations of the United States or in 
     obligations guaranteed as to both principal and interest by 
     the United States. For such purpose, such obligations may be 
     acquired--
       (i) on original issue at the issue price; or
       (ii) by purchase of outstanding obligations at the market 
     price.
       (C) Purposes for obligations of the united states.--The 
     purposes for which obligations of the United States may be 
     issued under chapter 31 of title 31, United States Code, are 
     extended to authorize the issuance at par of special 
     obligations exclusively to the Trust Fund.
       (D) Interest.--Such special obligations shall bear interest 
     at a rate equal to the average rate of interest, computed as 
     to the end of the calendar month next preceding the date of 
     such issue, borne by all marketable interest-bearing 
     obligations of the United States then forming a part of the 
     Public Debt, except that where such average rate is not a 
     multiple of \1/8\ of 1 percent, the rate of interest of such 
     special obligations shall be the multiple of \1/8\ of 1 
     percent next lower than such average rate.
       (E) Determination.--Such special obligations shall be 
     issued only if the Secretary of the Treasury determines that 
     the purchase of other interest-bearing obligations of the 
     United States, or of obligations guaranteed as to both 
     principal and interest by the United States on original issue 
     or at the market price, is not in the public interest.
       (F) Sale of obligation.--Any obligation acquired by the 
     Trust Fund (except special obligations issued exclusively to 
     the Trust Fund) may be sold by the Secretary of the Treasury 
     at the market price, and such special obligations may be 
     redeemed at par plus accrued interest.
       (G) Credits to trust fund.--The interest on, and the 
     proceeds from the sale or redemption of, any obligations held 
     in the Trust Fund shall be credited to and form a part of the 
     Trust Fund.
                                 ______
                                 

                GRAMM (AND SANTORUM) AMENDMENT NO. 2104

  Mr. GRAMM (for himself and Mr. Santorum) proposed an amendment to the 
bill, S. 1768, supra; as follows:

       At the appropriate place, insert the following:
       Sec.   .Notwithstanding any other provision of this Act or 
     any other provision of law, only that portion of budget 
     authority provided in this Act that is obligated during 
     fiscal year 1998 shall be designated as an emergency 
     requirement pursuant to section 251(b)(2)(D)(i) of the 
     Balanced Budget and Emergency Deficit Control Act of 1985. 
     All remaining budget authority provided in this Act shall not 
     be available for obligation until October 1, 1998.

                          ____________________