Invest in America First Act of 2013

Bill: 113-hr-528
Sponsor: full_name: Rep. Bucshon, Larry [R-IN-8]
Introduced: 2013-02-06
Policy area: International Affairs
Subjects: Economic performance and conditions

Foreign aid and international relief
Latest action: action_date: 2013-02-06
text: Referred to the House Committee on Foreign Affairs.

Summaries:
action_date: 2013-02-06
action_desc: Introduced in House
text: <p>Invest in America First Act of 2013 - Prohibits foreign assistance from being provided to a country with a GDP of $1.5 trillion or more. </p> <p>Exempts from such prohibition military, security, or humanitarian assistance.</p> <p>Defines &quot;GDP&quot; as a country's gross domestic product on a purchasing power parity basis divided by the population of the country, as determined by the most recent publication of the Central Intelligence Agency's (CIA) The World Factbook.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 528 IN THE HOUSE OF REPRESENTATIVES February 6, 2013 Mr. Bucshon introduced the following bill; which was referred to the Committee on Foreign Affairs A BILL To prohibit foreign assistance to countries with a gross domestic product of $1,500,000,000,000 or more.

1. Short title This Act may be cited as the Invest in America First Act of 2013 . 2. Prohibition on foreign assistance to countries with a GDP of $1,500,000,000,000 or more (a) Prohibition (1) In general Except as provided in paragraph (2), assistance may not be provided under any provision of law to a country with a GDP of $1,500,000,000,000 or more. (2) Exception The prohibition on assistance under paragraph (1) shall not apply with respect to military assistance, security assistance, or humanitarian assistance. (b) Definitions In this Act— (1) the term GDP means, with respect to a country, the gross domestic product of the country on a purchasing power parity (PPP) basis divided by the population of the country, as determined by the most recent publication of the Central Intelligence Agency’s The World Factbook; and (2) the term humanitarian assistance — (A) means assistance, provided on such terms and conditions as the President may determine, for the relief and rehabilitation of victims of natural and manmade disasters, including food, water, medicine, clothing, and shelter; and (B) does not include direct financial assistance for the purposes described in subparagraph (A).