Caribbean Debt for Development Act of 1990 - Deems to be payments made by Caribbean countries to the United States for economic assistance loans: (1) equivalent amounts of local currency deposited into a local currency account for development purposes; and (2) local currency for which the President waives the equivalent deposit requirement. Permits such waiver only if the availability of the local currencies that would otherwise be deposited would be contrary to the long-term development of the country.
Requires annual congressional presentation materials to describe the debt for development agreements entered into under this Act.
Introduced in House
Introduced in House
Referred to the House Committee on Foreign Affairs.
Referred to the Subcommittee on Western Hemisphere Affairs.
Referred to the Subcommittee on International Economic Policy and Trade.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line