H.R.4573 - Debt Relief for Earthquake Recovery in Haiti Act of 2010

To direct the Secretary of the Treasury to instruct the United States Executive Directors at the International Monetary Fund, the World Bank, the Inter-American Development Bank, and other multilateral development institutions to use the voice, vote, and influence of the United States to cancel immediately and completely Haiti's debts to such institutions, and for other purposes. view all titles (6)

All Bill Titles

  • Official: To direct the Secretary of the Treasury to instruct the United States Executive Directors at the International Monetary Fund, the World Bank, the Inter-American Development Bank, and other multilateral development institutions to use the voice, vote, and influence of the United States to cancel immediately and completely Haiti's debts to such institutions, and for other purposes. as introduced.
  • Short: Debt Relief for Earthquake Recovery in Haiti Act of 2010 as introduced.
  • Official: To urge the Secretary of the Treasury to instruct the United States Executive Directors at the International Monetary Fund, the World Bank, the Inter-American Development Bank, and other multilateral development institutions to use the voice, vote, and influence of the United States to cancel immediately and completely Haiti's debts to such institutions, and for other purposes. as amended by house.
  • Short: Haiti Debt Relief and Earthquake Recovery Act of 2010 as passed house.
  • Short: Haiti Debt Relief and Earthquake Recovery Act of 2010 as passed senate.
  • Short: Haiti Debt Relief and Earthquake Recovery Act of 2010 as enacted.

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Bill's Views

  • Today: 6
  • Past Seven Days: 55
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Introduced
 
House
Passed
 
Senate
Passed
 
President
Signed
 

 
02/01/10
 
03/10/10
 
03/25/10
 
04/25/10
 

Sponsor

Representative

Maxine Waters

D-CA

View Co-Sponsors (69)

Official Summary

4/26/2010--Public Law. (This measure has not been amended since it was passed by the Senate on March 26, 2010. The summary of that version is repeated here.) Haiti Debt Relief and Earthquake Recovery Act of 2010 - Amends the the International Financial Institutions Act to urge the Secretar

Official Summary

4/26/2010--Public Law. (This measure has not been amended since it was passed by the Senate on March 26, 2010. The summary of that version is repeated here.) Haiti Debt Relief and Earthquake Recovery Act of 2010 - Amends the the International Financial Institutions Act to urge the Secretary of the Treasury to direct the U.S. Executive Director at the International Monetary Fund (IMF), the International Development Association, the Inter-American Development Bank, the International Fund for Agricultural Development, and other multilateral development institutions to use U.S. influence to seek:
(1) cancellation of all remaining debts owed by Haiti to such institutions;
(2) suspension of Haiti's debt service payments to such institutions; and
(3) before February 1, 2015, provision of emergency, humanitarian and reconstruction assistance from such institutions to Haiti in the form of grants or other non-debt assistance. Urges the Secretary to:
(1) instruct the U.S. Executive Director of the IMF to advocate the use of some of the windfall profits from the ongoing sale of certain gold to provide debt stock relief, debt service relief, and, before February 1, 2015, grants for Haiti;
(2) support the creation and utilization of a multilateral trust fund for Haiti that would leverage potential U.S. contributions and promote bilateral donations for investments in Haiti's future, including efforts to combat soil degradation and promote reforestation and infrastructure investments; and
(3) direct the U.S. Executive Director of the Inter-American Development Bank to seek to increase the transfer of its earnings to the Fund for Special Operations and to a trust fund or grant facility for Haiti. Urges the Secretary and the Secretary of State to use appropriate diplomatic influence to secure cancellation of all remaining bilateral, multilateral, and private creditor debt owed by Haiti.

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Recent News Coverage

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04/13/10
Debt Relief Measure Proposed For Haiti

The bill is HR 4573. Haiti owed $828 million to multilateral development institutions as of March. Since then, the Inter-American Development Bank, ...

Source: CARIBWORLDNEWS.COM
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04/13/10
Today in Congress

Senate Amendments to HR 4573 - Debt Relief for Earthquake Recovery in Haiti Act of 2010 (Rep. Waters - Financial Services) H.Res. ...

Source: Daily Kos (blog)
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04/13/10
RE: H.R.4573

The Debt Relief for Earthquake Recovery in Haiti Act (HR 4573) will now make its way to the White House to be signed into law. Congresswoman Waters said ...

Source: South Florida Caribbean News
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Recent Blog Coverage

View All (164)  |  View Top Rated

06/23/11
H.J.Res.70: To grant the consent of Congress to an ... - OpenCongress

55 public bills, H.R. 2348-2353, 2355-2403; and 7 resolutions, H.J. Res. 70; and H. Res. 331-336 were introduced. Pages H4573-77. Additional Cosponsors: Pages H4577-78. Reports Filed: Reports were filed today as followed . ... breaking news and blog covera

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12/26/10
Rep. Lee on the Debt Relief for Haiti Act

On the Floor of the US House of Representatives, Congresswoman Barbara Lee speaks in support of HR 4573, the Debt Relief for.

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12/18/10
Rep. Lee on the Debt Relief for Haiti Act

On the Floor of the US House of Representatives, Congresswoman Barbara Lee speaks in support of HR 4573, the Debt Relief for Earthquake Recovery in Haiti Act. The legislation passed the House on a bipartisan vote on March 10, 2010. ...

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