94 STAT. 424
Loan funds, U.S. goods or services purchase.
Report to Congress.
PUBLIC LAW 96-257—MAY 31, 1980 in providing any additional assistance to Nicaragua, take into consideration the progress which is being made toward holding such elections.". "(k) None of the funds authorized under this chapter may be used for assistance for any school or other educational instrumentality or facility which would house, employ or be made available to Guoan personnel." "(k) The President shall terminate assistance under this chapter if he determines that the Government of Nicaragua engages in systematic violations of free speech and press." "(k) Any agreement between the United States and the Government of Nicaragua regarding the use of funds authorized to be appropriated under this chapter, made available in the form of loans, shall specifically require that such loan funds shall be used for the purchase of goods or services of U.S. origin.". "(k) Up to one per centum of the funds made available to Nicaragua from amounts authorized in subsection (b) shall be used to make publicly known to the people of Nicaragua the extent of US. aid programs to them. The President shall periodically report to the Congress on the effectiveness of his efforts to carry out this subsection." Approved May 31, 1980.
LEGISLATIVE HISTORY: HOUSE REPORT No. 96-713 (Comm. on Foreign Affairs). SENATE REPORT No. 96-522 accompanying S. 2012 (Comm. on Foreign Relations). CONGRESSIONAL RECORD, Vol. 126 (1980): Jan. 29, S. 2012 considered and passed Senate. Feb. 22, 25-27, considered and passed House. May 19, considered and passed Senate. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 16, No. 23: May 31, Presidential statement.
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