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- H.R.3194
H.R.3194: NATO Defense Financing Act
About This Bill
- Introduced June 11, 2019
- Latest Major Action June 11, 2019
Bill Sponsor
Bill Cosponsors
3 (All Republicans)
Bill Version
- Introduced in House - June 11, 2019
Bill Summary
NATO Defense Financing Act This bill authorizes the President to make direct loans to countries that joined the North Atlantic Treaty Organization (NATO) after March 1, 1999, for the purchase of U.S. defense articles. The President may (1) make such loans with lower interest rates than required by statute, and (2) charge fees associated with such loans. Before making such a loan, the Department of State shall certify to Congress that the...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| June 11, 2019 |
Referred to the House Committee on Foreign Affairs.
|
| June 11, 2019 |
Introduced in the House by Eliot L. Engel (D-N.Y.) |