I

103D CONGRESS

1ST SESSION H. R. 2381

To direct the President to encourage the independent states of the former

Soviet Union to provide reimbursement to the United States for economic

and development assistance, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

JUNE 10, 1993

Mrs. MEYERS of Kansas (for herself, Mr. MICHEL, Mr. GILMAN, Mr. DREIER,

Mr. HYDE, Mr. SOLOMON, Mr. ANDREWS of New Jersey, Mr.

BALLENGER, Mr. HOUGHTON, and Ms. ROS-LEHTINEN) introduced the

following bill; which was referred to the Committee on Foreign Affairs

A BILL

To direct the President to encourage the independent states

of the former Soviet Union to provide reimbursement

to the United States for economic and development assistance, 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 SECTION 1. SHORT TITLE.

4 This Act may be cited as the ‘‘Reimbursement for

5 Assistance to the Former Soviet Union Act’’.
2

•HR 2381 IH

1 SEC. 2. REIMBURSEMENT AGREEMENTS BETWEEN THE

2 UNITED STATES AND THE INDEPENDENT

3 STATES OF THE FORMER SOVIET UNION.

4 (a) IN GENERAL.—The President shall encourage

5 those independent states of the former Soviet Union capa6 ble of providing eventual reimbursement to the United

7 States for economic and development assistance to enter

8 into negotiations with the United States to reach agree9 ments outlining such eventual reimbursement.

10 (b) REQUIREMENT THAT 5 PERCENT OF AMOUNTS

11 APPROPRIATED FOR FISCAL YEAR 1994 FOR ASSISTANCE

12 BE OBLIGATED PURSUANT TO REIMBURSEMENT AGREE13 MENTS.—Not less than 5 percent of amounts appropriated

14 to provide economic and development assistance for the

15 independent states of the former Soviet Union for fiscal

16 year 1994 shall be obligated under the terms of agree17 ments providing for eventual reimbursement of such

18 assistance.

19 SEC. 3. STUDY OF RESOURCES IN INDEPENDENT STATES

20 OF THE FORMER SOVIET UNION.

21 In carrying out chapter 11 of part I of the Foreign

22 Assistance Act 1961, the President shall conduct a study

23 of—

24 (1) the resources in each of the independent

25 states of the former Soviet Union and the prospec-
3

•HR 2381 IH

1 tive revenues from the production and sale of such

2 resources;

3 (2) the possible use of barter or exchange of

4 such resources as methods of reimbursement for eco5 nomic and development assistance provided to such

6 states; and

7 (3) the collateralization of loan and investment

8 guarantees provided by the United States Govern9 ment for project financing in such states using the

10 resources or prospective revenues from the produc11 tion and sale of such resources.

12 SEC. 4. REPORTS.

13 The President shall submit to the relevant congres14 sional committees the following reports:

15 (1) Periodic reports describing the status of ne16 gotiations between the United States and any inde17 pendent state of the former Soviet Union relating to

18 agreements for reimbursement of economic and de19 velopment assistance provided to such state.

20 (2) A report containing the results of the study

21 conducted pursuant to section 3, including the

22 names of those independent states of the former So23 viet Union capable of providing eventual reimburse24 ment of economic and development assistance pro-
4

•HR 2381 IH

1 vided to such states. Such report shall be submitted

2 not later than June 30, 1994.

3 SEC. 5. DEFINITIONS.

4 For purposes of this Act, the following definitions

5 apply:

6 (1) ECONOMIC AND DEVELOPMENT ASSIST7 ANCE.—The term ‘‘economic and development as8 sistance’’ means assistance provided under chapter

9 11 of part I of the Foreign Assistance Act of 1961.

10 (2) RELEVANT CONGRESSIONAL COMMIT11 TEES.—The term ‘‘relevant congressional commit12 tees’’ means the Committee on Foreign Affairs of

13 the House of Representatives and the Committee on

14 Foreign Relations of the Senate.

15 (3) RESOURCES.—The term ‘‘resources’’ in16 cludes commodities, raw materials (including nec17 essary or strategic raw materials, as defined in sec18 tion 663(a) of the Foreign Assistance Act of 1961),

19 and other valuable materials.

Æ