S.2665 - An Act to provide for increased participation by the United States in the International Development Association and to permit United States citizens to purchase, hold, sell, or otherwise deal with gold in the United States or abroad.93rd Congress (1973-1974)
|Committees:||Senate - Foreign Relations | House - Banking and Currency|
|Committee Reports:||S.Rept 93-834|
|Latest Action:||08/14/1974 Public law 93-373. (All Actions)|
|Roll Call Votes:||There has been 1 roll call vote|
This bill has the status Became Law
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- Resolving Differences
- To President
- Became Law
Summary: S.2665 — 93rd Congress (1973-1974)All Information (Except Text)
Public Law No: 93-373 (08/14/1974)
Authorizes to be appropriated without fiscal year limitation four annual installments of $375,000,000 each for payment by the Secretary of the Treasury to the International Development Association.
Requires the United States vote in the International Development Association to be cast against loans to any countries which do not sign the Nuclear Nonproliferation Treaty.
Repeals the prohibitions on purchasing, holding, selling, or otherwise dealing in gold in the United States or abroad, effective either on December 31, 1974, or at any time prior to such date that the President finds and reports to Congress that private ownership of gold will not adversely affect the U.S. monetary position.