To amend the Japan-United States Friendship Act to broaden investment authority and to strengthen criteria for membership on the Japan-United States Friendship Commission.
Executive Comment Requested from State.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Jun 16, 1994
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).
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 23, 2025. Consult Congress.gov for the current record.
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