PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Technology and the House.
Congressional Research Service
Version 00 · Introduced in House · Jul 17, 2003
Foreign Aid Limitation Act - Prohibits the Secretary of the Treasury from using the Exchange Stabilization Fund to: (1) make a loan or extend credit above $250 million to an entity the majority of which is owned or controlled by one or more foreign persons or foreign governments; (2) extend a loan or credit beyond sixty days to such entity unless the President certifies in writing to certain congressional committees that Federal expenditures involved in the loan or credit are adequately backed by an assured, identified source of repayment; or (3) make a loan or extend credit above $1 billion to such entity without express statutory authorization, unless such loan or credit extension is necessary to address a foreign financial crisis which poses a threat to U.S. interests or the international financial system.
People & committees
Rep. Paul, Ron [R-TX-14] · R–TX
Legislative record
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Referred to the Subcommittee on Technology and the House.
Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Sponsor introductory remarks on measure. (CR H1513-1514)
Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 18, 2025. Consult Congress.gov for the current record.
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Analyze H.R.2783 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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