Pub. L. 101-167, tit. V, sec. 555

notification to congress on debt relief agreements

EnactedYear: 1989Length: 106 wordsOfficial source
notification to congress on debt relief agreements Sec. 555. The Secretary of State shall transmit to the Appropriations Committees of the Congress and to such other Committees as appropriate, a copy of the text of any agreement with any foreign government which would result in any debt relief no less than thirty days prior to its entry into force, other than one entered into pursuant to this Act, together with a detailed justification of the interest of the United States in the proposed debt relief: Provided, That the term “debt relief’ shall include any and all debt prepayment, debt rescheduling, and debt restructuring proposals and agreements.
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