I

103D CONGRESS

1ST SESSION H. R. 1507

To amend the Agricultural Trade Act of 1978 to provide for the reduction

of the agriculture program debt of, and for donations of grain to, the

independent states of the former Soviet Union in exchange for certain

actions on their part, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

MARCH 29, 1993

Mr. GLICKMAN introduced the following bill; which was referred jointly to the

Committees on Agriculture and Foreign Affairs

A BILL

To amend the Agricultural Trade Act of 1978 to provide

for the reduction of the agricultural program debt of,

and for donations of grain to, the independent states

of the former Soviet Union in exchange for certain actions on their part, and for other purposes.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 That the Agricultural Trade Act of 1978 (7 U.S.C. 5601,

4 et seq.) is amended by adding at the end of subtitle A

5 of title II the following new section:
2

•HR 1507 IH

1 ‘‘SEC. 206 DEBT FOR DEMOCRACY PROGRAM.

2 ‘‘(a) SHORT TITLE.—This section may be cited as the

3 ‘Debt for Democracy Act of 1993’.

4 ‘‘(b) PRESIDENTIAL AUTHORITY.—

5 ‘‘(1) IN GENERAL.—The President may—

6 ‘‘(A) notwithstanding the provisions of sec7 tion 202(f), the first sentence of section 202(e),

8 or the arrearage of any of the independent

9 states of the former Soviet Union in the repay10 ment of qualifying Department of Agriculture

11 debt—

12 ‘‘(i) issue credit guarantees, or ap13 prove previously registered sales, under

14 section 202 to;

15 ‘‘(ii) reduce the amount of qualifying

16 Department of Agriculture debt owed to

17 the United States Government by; and

18 ‘‘(B) make donations of agricultural com19 modities determined to be available under sec20 tion 401 of the Agricultural Trade Development

21 and Assistance Act of 1954 (7 U.S.C. 1731) to,

22 any of the independent states of the former Soviet

23 Union that enter into an agreement under sub24 section (c).

25 ‘‘(2) QUALIFYING DEPARTMENT OF AGRI26 CULTURE DEBT.—For the purposes of this section,
3

•HR 1507 IH

1 a debt is a qualifying Department of Agriculture

2 debt if it results from activities under any authority

3 of the Secretary, the Commodity Credit Corporation,

4 or any other agency or entity within the Department

5 of Agriculture.

6 ‘‘(c) AGREEMENTS.—The agreement required under

7 subsection (b)(1) is—

8 ‘‘(1) an agreement, approved by the President

9 as promoting the establishment or maintenance of

10 democracy or encouraging economic reform and

11 progress toward a market-oriented economy, with a

12 non-governmental business entity, including an agri13 cultural business entity, in the United States under

14 which such entity—

15 ‘‘(A) receives an equity interest in a state16 owned enterprise within the independent state

17 of the former Soviet Union equal to the amount

18 of debt reduction; and

19 ‘‘(B) undertakes the obligation to repay

20 the amount of debt that has been reduced;

21 ‘‘(2) an agreement with the Government of the

22 United States to—

23 ‘‘(A) dismantle military-related objects (in24 cluding nuclear weapons) or facilities (including
4

•HR 1507 IH

1 military-related production facilities) within the

2 independent state; or

3 ‘‘(B) convert military-related production

4 facilities within the independent state to non5 military purposes; or

6 ‘‘(3) an agreement with such parties and in7 cluding such terms and conditions determined by the

8 President to be in the national interest and to be

9 consistent with the purposes of the export credit

10 guarantee program as described in section 202(d).

11 ‘‘(d) IMPLEMENTATION.—In order to implement an

12 agreement under this section and to protect the interests

13 of the United States, the President may—

14 ‘‘(1) send technical teams to the independent

15 state that is a party to the agreement to assist in

16 and monitor the implementation of that agreement;

17 and

18 ‘‘(2) renegotiate or cancel the agreement if such

19 agreement is not implemented according to its

20 terms.’’.

Æ