Conditioning Economic Assistance and Support to Egypt Act

To limit United States economic assistance and to oppose World Bank and International Monetary Fund assistance to the Government of Egypt. 1. Short title This Act may be cited as the Conditioning Economic Assistance and Support to Egypt Act CEASE Act 2. Limitation on United States economic assistance and opposition to World Bank and International Monetary Fund assistance to the Government of Egypt (a) United States economic assistance No loan, credit guarantee, insurance, financing, or other assistance under part I of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2151 et seq. 12 U.S.C. 635 et seq. (b) World Bank assistance The Secretary of the Treasury shall instruct the United States Executive Director at the International Bank for Reconstruction and Development to use the voice and vote of the United States to oppose any assistance to the Government of Egypt unless the President certifies to Congress that the Government of Egypt has met the conditions described in subsection (c). (c) International Monetary Fund assistance The Secretary of the Treasury shall instruct the United States Executive Director at the International Monetary Fund to use the voice and vote of the United States to oppose any loan agreement for the Government of Egypt unless the President certifies to Congress that the Government of Egypt has met the conditions described in subsection (c). (d) Conditions described The conditions referred to in subsections (a), (b), and (c) are the following: (1) The Government of Egypt has adopted and implemented legal reforms to protect the political, economic, and religious freedoms and human rights of the citizens and residents of Egypt. (2) The Government of Egypt is not acting to restrict the political, economic, or religious freedoms and human rights of the citizens and residents of Egypt. (3) The Government of Egypt is continuing to demonstrate a commitment to free and fair elections and is not taking any steps to interfere with or undermine the credibility of such elections. (4) The Government of Egypt is abiding by and implementing all measures of the agreements set out in the 1979 Egypt-Israel Peace Treaty, including establishing full diplomatic relations through the exchange of ambassadors. (5) The Government of Egypt is taking all necessary action to eliminate smuggling networks and to detect and destroy tunnels between Egypt and the Gaza Strip. (6) The Government of Egypt is taking all necessary action to combat terrorism in the Sinai. (7) The Government of Egypt in consultation with the United States Department of Defense has produced an analysis of Egypt’s current security needs, and the analysis has been shared with Congress. (8) The Government of Egypt has lifted restrictions in law and practice on the work and funding of Egyptian and international nongovernmental organizations, comprising those in the human rights and democracy fields.

Summary: Conditioning Economic Assistance and Support to Egypt Act or CEASE Act - Prohibits specified U.S. economic assistance and opposes World Bank and International Monetary Fund (IMF) assistance to the government of Egypt unless the President certifies to Congress that the government of Egypt: (1) has implemented legal reforms to protect political, economic, and religious freedoms and human rights; (2) is demonstrating a commitment to free and fair elections; (3) is implementing all measures in the 1979 Egypt-Israel Peace Treaty; (4) is taking action to eliminate smuggling networks, destroy tunnels between Egypt and the Gaza Strip, and combat terrorism in the Sinai; (5) in consultation with the Department of Defense (DOD), has produced an analysis of Egypt's current security needs; and (6) has lifted restrictions in law and practice on the work and funding of Egyptian and international nongovernmental human rights and democracy organizations.