Provides for the implementation and enforcement of the Inter-American Convention on International Commercial Arbitration by United States courts.
Authorizes courts to issue orders to compel arbitration and to appoint arbitrators in accordance with the agreement of the parties involved, or in accordance with the Convention in the event the agreement makes no provision for arbitration.
Specifies that any arbitral decisions or awards made in the territory of a foreign State shall, on the basis of reciprocity, be recognized and enforced only if that State has ratified or acceded to the Convention.
Provides that where the requirements of the Inter-American Convention and the Convention on the Recognition and Enforcement of Foreign Arbitral Awards of June 10, 1958, are met, the Inter-American Convention shall apply only if a majority of the parties to arbitration are citizens of States that: (1) have ratified and acceded to such Convention; and (2) are members of the Organization of American States.
Mr. Brooks moved to suspend the rules and pass the bill, as amended.
Mr. Fish demanded a second on the motion to suspend the rules.
Considered under suspension of the rules.
On ordering a second Agreed to without objection.
DEBATE - The House proceeded with forty minutes of debate.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and read twice and referred to the Committee on Foreign Relations.
Senate Committee on Foreign Relations discharged by Unanimous Consent.
Senate Committee on Foreign Relations discharged by Unanimous Consent.
Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.
Passed Senate without amendment by Voice Vote.
Measure Signed in Senate.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 101-369.
Became Public Law No: 101-369.
Enacted as Public Law 101-369
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