Directs the Secretary of the Treasury to instruct the U.S. Executive Directors of specified development credit institutions to oppose any aid by such institutions for the production of any agricultural commodity for export if: (1) such commodity is in surplus on world markets; and (2) the export of such commodity would cause substantial injury to U.S. producers of the same or a similar competing commodity. Limits the amount of increase in U.S. contribution to each such institution based upon the amount of assistance furnished by such institution for the production of surplus agricultural commodities that are injurious to U.S. producers or for the subsidization of the export of agricultural commodities from certain countries.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on International Development Institutions and Finance.
Referred to Subcommittee on International Finance, Trade and Monetary Policy.
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