Amends the Japan-United States Friendship Act to set forth requirements for the members of the United States Panel of the Joint Committee on United States-Japan Cultural and Educational Cooperation.
Requires certain investment duties of the Secretary of the Treasury involving the Fund to be taken at the direction of the Chairman of the Japan-United States Friendship Commission. Permits investments only in instruments of public debt with maturities suitable to the Fund's needs (currently, in interest-bearing obligations of or guaranteed by the United States).
Introduced in House
Introduced in House
Referred to the House Committee on Foreign Affairs.
Referred to the Subcommittee on Asia and the Pacific.
Referred to the Subcommittee on International Operations.
Executive Comment Requested from State.
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