H.R.2798: Overseas Private Investment Corporation Reauthorization Act of 2008

About This Bill

Bill Summary

Overseas Private Investment Corporation Reauthorization Act of 2008 - (Sec. 2) Amends the Foreign Assistance Act of 1961 to extend Overseas Private Investment Corporation (OPIC) authority to make loans and issue investment insurance and investment guarantees through September 30, 2011.(Sec. 3) States that OPIC may insure, reinsure, guaranty, or finance a project only if the country in which the project is to be undertaken: (1) is eligible for...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.2798.

Bill Actions

Date Description
Referred to the House Committee on Foreign Affairs.
Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee (Amended) by the Yeas and Nays: 6 - 2 .
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 5.
Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 110-241.
Placed on the Union Calendar, Calendar No. 151.
Mr. Sherman moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 2798.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Foreign Relations. Reported by Senator Biden with an amendment in the nature of a substitute. With written report No. 110-273.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 593.
June 20, 2007

Introduced in the House by Brad Sherman (D-Calif.)

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