Summary

To prohibit foreign assistance to countries with a gross domestic product of $1,500,000,000,000 or more. Read More

Status

This bill was introduced on Nov 18, 2011, in a previous session of Congress, but was not passed.

Bill Text

A BILL

To prohibit foreign assistance to countries with a gross domestic product of $1,500,000,000,000 or more.

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 ``Invest in America First Act of 2011''.

SEC. 2. PROHIBITION ON FOREIGN ASSISTANCE TO COUNTRIES WITH A GDP OF $1,500,000,000,000 OR MORE.

(a) Prohibition.-- (1) In general.--Except as provided in paragraph (2), assistance may not provided under any provision of law to a country with a GDP of $1,500,000,000,000 or more. (2) Exception.--The prohibition on assistance under paragraph (1) shall not apply with respect to military assistance, security assistance, or humanitarian assistance. (b) Definitions.--In this Act-- (1) the term ``GDP'' means, with respect to a country, the gross domestic product of the country on a purchasing power parity (PPP) basis divided by the population of the country, as determined by the most recent publication of the Central Intelligence Agency's The World Factbook; and (2) the term ``humanitarian assistance''-- (A) means assistance, provided on such terms and conditions as the President may determine, for the relief and rehabilitation of victims of natural and manmade disasters, including food, water, medicine, clothing, and shelter; and (B) does not include direct financial assistance for the purposes described in subparagraph (A). <all>

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Bill Summary

To prohibit foreign assistance to countries with a gross domestic product of $1,500,000,000,000 or more.

H.R. 3487 Job Creation Act of 2011 H.R. 3489 White House Conference on Autism Act of 2011
54.166.122.65