H.R. 1108House108th Congress (2003-2005)In Committee

Access to Capital for Haiti's Development Act

Introduced March 5, 2003

Legislative Activity

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2 earlier actions
HouseCommittee Latest Action

Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

March 28, 2003

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HouseIntro Referral

Introduced in House

March 5, 2003

HouseIntro Referral

Referred to the House Committee on Financial Services.

March 5, 2003

HouseCommittee

Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

March 28, 2003

Floor Debate

10 members

What members said about H.R. 1108 on the floor

10 Democrats
Barbara Lee
Rep. Barbara LeeD-CA-9 · Apr 30, 2003

Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days within which to revise and extend their remarks and include extraneous material on the subject of my special order.…

John Conyers, Jr.
Rep. John Conyers, Jr.D-MI-14 · Apr 30, 2003

Mr. Speaker, I would like to report a new bill that has been introduced by 16 Members of the House and the Senate to create employment in the Haitian textile industry by giving that country the…

Kendrick B. Meek
Rep. Kendrick B. MeekD-FL-17 · Apr 30, 2003

Mr. Speaker, I thank the chairperson of the Congressional Black Caucus Task Force on Haiti for yielding. Mr. Speaker, I must say that I concur with the gentlewoman's comments. I know that many of us…

Elijah E. Cummings
Rep. Elijah E. CummingsD-MD-7 · Apr 30, 2003

Mr. Speaker, I thank the gentlewoman for yielding to me. I also thank her for consistently standing up. I thank the Congressional Black Caucus, a group of 39 men and women, as I have often said, who…

Gregory W. Meeks
Rep. Gregory W. MeeksD-NY-6 · Apr 30, 2003

Mr. Speaker, today I want to thank my colleagues in the Congressional Black Caucus, the Chair, the gentleman from Maryland, (Mr. Cummings), for organizing today's Special Order on Haiti. I want to…

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Diane E. Watson
Rep. Diane E. WatsonD-CA-33 · Apr 30, 2003

Mr. Speaker, I thank the gentlewoman from California. We are also very proud of the gentlewoman and her leadership. Mr. Speaker, I see next to her the gentlewoman from the Virgin Islands (Mrs.…

Maxine Waters
Rep. Maxine WatersD-CA-35 · Apr 30, 2003

Mr. Speaker, I thank the gentlewoman [Representative Barbara Lee] for the time, and I applaud her efforts to draw attention to the needs of the Haitian people. Haiti is the fourth poorest country in…

Frank W. Ballance  Jr.
Rep. Frank W. Ballance Jr.D-NC-1 · Apr 30, 2003

Mr. Speaker, HIV and AIDS infections represent a crippling medical crisis worldwide, and it is for that reason I want to sort of focus my remarks on that particular subject in the context of the…

Donna M. Christensen
Rep. Donna M. ChristensenD-VI · Apr 30, 2003

Mr. Speaker, I thank the gentlewoman for yielding to me. It is a pleasure to be here with her. I just had to come over and join the gentlewoman on the floor here tonight because the problems of Haiti…

Charles B. Rangel
Rep. Charles B. RangelD-NY-15 · Apr 30, 2003

Mr. Speaker, today, like many members of the Congressional Black Caucus, I am moved to speak about the humanitarian and economic situation of the people of Haiti. It is no secret that the people…

Bill Text

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Introduced in HouseIssued March 5, 2003
        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1108 Introduced in House (IH)]

108th CONGRESS
1st Session
H. R. 1108

To require the Secretary of the Treasury to direct the United States
Executive Director at the Inter-American Development Bank to use the
voice, vote, and influence of the United States to urge the immediate
resumption of lending to Haiti.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

March 5, 2003

Ms. Waters (for herself, Mr. Conyers, Ms. Lee, Mr. Jackson of Illinois,
Mr. Owens, Ms. Corrine Brown of Florida, Mr. Rush, and Mr. Meek of
Florida) introduced the following bill; which was referred to the
Committee on Financial Services

_______________________________________________________________________

A BILL

To require the Secretary of the Treasury to direct the United States
Executive Director at the Inter-American Development Bank to use the
voice, vote, and influence of the United States to urge the immediate
resumption of lending to Haiti.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Access to Capital for Haiti's
Development Act''.

SEC. 2. FINDINGS.

The Congress finds as follows:
(1) Haiti is being denied access to funding for development
projects from international financial institutions.
(2) The Inter-American Development Bank has approved
$145,900,000 in loans to Haiti, including $50,000,000 for rural
road development, $22,500,000 for reorganization of the health
sector, $54,000,000 for potable water and sanitation and
$19,400,000 million for basic education programs. However, the
Inter-American Development Bank has failed to disburse these
loans.
(3) Haiti could have access to an additional $317,000,000
in new Inter-American Development Bank loans for development
programs.
(4) Haiti could also have access to a $50,000,000 Inter-
American Development Bank loan for the investment sector.
(5) The Inter-American Development Bank is refusing to make
any loans to Haiti until Haiti pays the arrears on its existing
debts.
(6) Haiti cannot afford to pay the arrears on its existing
debts.
(7) Haiti has been denied the opportunity to participate in
the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative,
which provides debt relief to heavily indebted poor countries
like Haiti.
(8) Haiti is one of the most impoverished nations in the
Western Hemisphere.
(9) Haiti desperately needs debt relief and new financing
for development purposes.

SEC. 3. REQUIREMENT THAT UNITED STATES URGE THE INTER-AMERICAN
DEVELOPMENT BANK TO RESUME LENDING TO HAITI.

The Secretary of the Treasury shall direct the United States
Executive Director at the Inter-American Development Bank to use the
voice, vote, and influence of the United States to urge the Inter-
American Development Bank to--
(1) immediately resume lending to Haiti, and disburse all
loans to Haiti that have been approved by the Inter-American
Development Bank; and
(2) assist Haiti with the payment of its arrears, and
consider providing debt relief to Haiti.
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