PlainBillCongress, translated.Legislation. Context. Public interest.Placed on Senate Legislative Calendar under General Orders. Calendar No. 147.
Congressional Research Service
Version 80 · Reported to Senate without amendment · Aug 30, 2011
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Haitian-American Enterprise Fund Act - Authorizes the President, after congressional consultation, to designate a private, nonprofit organization as the Haitian-American Enterprise Fund to receive financial assistance and support under this Act.
States that a grant agreement between the United States Agency for International Development (USAID) and the Fund shall: (1) require the Fund to end its reinvestment cycle not later than December 31, 2021, unless extended by USAID; (2) provide for the prevention of money laundering and terrorist financing; and (3) require any remaining Fund assets to be returned to the Treasury for debt reduction purposes.
States that the Fund's Board of Directors should 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.
Authorizes appropriations.
People & committees
Sen. Lugar, Richard G. [R-IN] · R–IN
Legislative record
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Placed on Senate Legislative Calendar under General Orders. Calendar No. 147.
Committee on Foreign Relations. Reported by Senator Kerry under authority of the order of the Senate of 08/02/2011 without amendment. With written report No. 112-67.
Committee on Foreign Relations. Reported by Senator Kerry under authority of the order of the Senate of 08/02/2011 without amendment. With written report No. 112-67.
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 S2889)
Introduced in Senate
Primary sources
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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