PlainBillCongress, translated.Legislation. Context. Public interest.Placed on Senate Legislative Calendar under General Orders. Calendar No. 652.
Congressional Research Service
Version 80 · Reported to Senate without amendment · Nov 19, 2010
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Pakistani-American Enterprise Fund Act - Authorizes the President to designate a private, nonprofit organization based in Pakistan (the Pakistani-American Enterprise Fund) to receive funds and support to promote and strengthen the private sector in Pakistan.
States that the grant agreement between the United States Agency for International Development (USAID) and the Fund shall require the Fund to: (1) liquidate its assets and dissolve not later than December 31, 2020, unless USAID determines after congressional consultation that the Fund should be extended; and (2) prevent funds from being used for money laundering and terrorist financing.
Requires: (1) an annual Fund report to Congress; and (2) a Government Accountability Office (GAO) report to Congress every three years regarding Fund activities.
Urges the Fund's Board of Directors to adopt the best practices and procedures used by Enterprise Funds, including those for which funding has been made available pursuant to the Support for East European Democracy (SEED) Act of 1989.
People & committees
Sen. Lugar, Richard G. [R-IN] · R–IN
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 652.
Committee on Foreign Relations. Reported by Senator Kerry without amendment. With written report No. 111-353.
Committee on Foreign Relations. Reported by Senator Kerry without amendment. With written report No. 111-353.
Committee on Foreign Relations. Ordered to be reported without amendment favorably.
Read twice and referred to the Committee on Foreign Relations.
Sponsor introductory remarks on measure. (CR S6521-6522)
Introduced in Senate
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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