S.Amdt. 3718Senate111th Congress (2009-2011)

To make technical corrections.

What it does: 3 changes: inserts text in 2 places, replaces text
Submitted March 26, 2010

What it changes

3 changes to H.R. 4573 · 2 shown in the bill's text

Inserts text in 2 placesReplaces text
  1. Change 1: Inserts “, before February 1, 2015,” after “provision”

    InsertsPage 3, line 4Printed page

    In H.R. 4573 · Received in Senate

    "(2) the suspension of Haiti's debt service payments to such institutions until such time as the debts are canceled completely; and

    "(3) the provision[struck: ][inserted: , before February 1, 2015, ]of emergency, humanitarian and reconstruction assistance from such institutions to Haiti in the form of grants or other assistance such that Haiti does not accumulate debt.

    "(b) Use of Certain Funds for Assistance to Haiti.--The Secretary of the Treasury should instruct the United States Executive Director of the International Monetary Fund to advocate the use of some of the realized windfall profits that exceed the required contribution to the Poverty Reduction and Growth Trust (as referenced in the IMF Reforms Financial Facilities for Low-Income Countries Public Information Notice (PIN) No. 09/94) from the ongoing sale of 12,965,649 ounces of gold acquired since the second Amendment of the Fund's Article of Agreement, to provide debt stock relief, debt service relief, and grants for Haiti.

    Original wording

    On page 3, line 4, insert “, before February 1, 2015,” after “provision”.

  2. Change 2: Replaces “relief” through “Haiti.” with “relief and debt service relief for Haiti and, before February 1, 2015, to provide grants…”

    ReplacesPage 3, lines 18–19Printed page

    [struck: relief … Haiti.][inserted: relief and debt service relief for Haiti and, before February 1, 2015, to provide grants for Haiti.]

    Original wording

    On page 3, lines 18 and 19, strike “relief” and all that follows through “Haiti.” and insert “relief and debt service relief for Haiti and, before February 1, 2015, to provide grants for Haiti.”.

  3. Change 3: Inserts “and future generations” after “Haiti's future”

    InsertsPage 4, line 7Printed page

    In H.R. 4573 · Received in Senate

    SEC. 3. INFRASTRUCTURE INVESTMENT.

    (a) Trust Fund.--The Secretary of the Treasury should support the creation and utilization of a multilateral trust fund for Haiti that would leverage potential United States contributions and promote bilateral donations to such a fund for the purpose of making investments in Haiti's future[inserted: and future generations], including efforts to combat soil degradation and promote reforestation and infrastructure investments such as electric grids, roads, water and sanitation facilities, and other critical infrastructure projects.

    (b) Increase in Transfer of Earnings.--The Secretary of the Treasury should direct the United States 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.

    Original wording

    On page 4, line 7, insert “and future generations” after “Haiti's future”.

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

SA 3718. Mr. KAUFMAN (for Mr. Dodd) proposed an amendment to the bill H.R. 4573, 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 follows:

On page 3, line 4, insert “, before February 1, 2015,” after “provision”.

On page 3, lines 18 and 19, strike “relief” and all that follows through “Haiti.” and insert “relief and debt service relief for Haiti and, before February 1, 2015, to provide grants for Haiti.”.

On page 4, line 7, insert “and future generations” after “Haiti's future”.

Legislative Activity

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4 earlier actions
Floor Latest Action

Senate amendment proposed (on the floor): Amendment SA 3718 proposed by Senator Kaufman for Senator Dodd.(consideration: CR S2165-2166; text: CR S2165-2166)

March 26, 2010

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Floor

Senate amendment proposed (on the floor): Amendment SA 3718 proposed by Senator Kaufman for Senator Dodd.(consideration: CR S2165-2166; text: CR S2165-2166)

March 26, 2010

Floor

Senate amendment submitted

March 26, 2010

Floor

Senate amendment agreed to: Amendment SA 3718 agreed to in Senate by Unanimous Consent.

March 26, 2010

Floor

Amendment SA 3718 proposed by Senator Kaufman for Senator Dodd. (consideration: CR S2165-2166; text: CR S2165-2166) To make technical corrections.

March 26, 2010

Floor

Amendment SA 3718 agreed to in Senate by Unanimous Consent.

March 26, 2010