An original bill to authorize supplemental economic and military assistance for the Philippines, and for other purposes.
Philippines Assistance Act of 1986 - Authorizes supplemental appropriations for FY 1986 and 1987 for economic assistance and for FY 1986 for military assistance for the Philippines.
Expresses the sense of the Congress that the President should: (1) consider the feasibility of appointing a Special Coordinator for U.S. programs for the Philippines; (2) consider the feasibility of suspending the collection of interest and principal payments on U.S. loans to the Philippines until official debt rescheduling agreements have been negotiated; (3) consider the implications of negotiating a debt rescheduling agreement on the amounts coming due in 1986 and 1987; and (4) make every effort to ensure that other creditors are encouraged to make comparable concessions to the Philippines.
Amends the International Security and Development Cooperation Act of 1985 to repeal certain limits on aid to the Philippines.
Committee on Foreign Relations. Ordered favorably reported an original bill (S. 2610) in lieu of this measure.
Introduced in Senate
Committee on Foreign Relations ordered to be reported an original measure in lieu of S.2378.
Committee on Foreign Relations. Original measure reported to Senate by Senator Lugar. With written report No. 99-330.
Committee on Foreign Relations. Original measure reported to Senate by Senator Lugar. With written report No. 99-330.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 708.
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