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H.R. 5899 · 110th Congress

Iraq Shared Investment Act

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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

ABD BoydSponsor
9 cosponsors · 9 D

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Iraq Shared Investment Act - Requires that amounts made available under the Iraq Security Forces Fund shall be provided as loans subject to full repayment to the U.S. government.

What it does: CRS summary · Introduced in House · Apr 24, 2008

Iraq Shared Investment Act - Requires that amounts made available under the Iraq Security Forces Fund shall be provided as loans subject to full repayment to the U.S. government.

Amends the National Defense Authorization Act for Fiscal Year 2006 to provide that: (1) for each of FY2008-FY2009, the Secretary of Defense shall withhold from obligation and expenditure not less than 20% of the amount made available for the Commanders' Emergency Response Program until the Secretary certifies to the congressional defense committees that the government of Iraq has agreed to provide an amount equal to 20% of the amount made available under the Commanders' Emergency Response Program from its own resources to be used to enable military commanders in Iraq to respond to urgent humanitarian relief and reconstruction requirements; and (2) if the Secretary is unable to make such certification the amount withheld from obligation and expenditure shall be available for national debt reduction.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Iraq Shared Investment Act

Latest action (Apr 24, 2008): Referred to the Committee on Armed Services, and in addition to the Committee on Foreign Affairs, 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.

Policy area: Armed Forces and National Security · Origin: House · Introduced: Apr 24, 2008

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.