A bill to promote the formation of a private, non-private organization to foster development of free market economies in Eastern Europe and the Soviet Union.
Volunteer America for Eastern European Recovery Act of 1990 - Declares that it is U.S. policy to encourage the formation of a private, nonprofit organization (to be known as Volunteer America) to foster economic development in Eastern Europe and the Soviet Union. Provides that the organization will be operated by individuals drawn from the private sector who shall create and support volunteer programs to meet the business needs of, and foster free market economies in, such nations.
Authorizes the President to designate one individual from the business community to initiate the formation of the organization. Permits the President to make a "start-up" grant to the organization, after which time it shall be self-supporting. Authorizes appropriations.
Introduced in Senate
Read twice and referred to the Committee on Foreign Relations.
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