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To reauthorize the programs of the Overseas Private Investment Corporation, and for other purposes. 3/4/2008--Reported to Senate amended.    (There are 3 other summaries) 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 designation as a beneficiary developing country under the Generalized System of Preferences (GSP) and has not been determined to be ineligible for such designation based upon its record on worker rights or child labor; or (2) if not eligible for such GSP designation, the government has taken or is taking steps to afford workers internationally [...]

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Latest Actions
  • 03/04/2008 - Committee on Foreign Relations. Reported by Senator Biden with an amendment in the nature of a substitute. With written report No. 110-273.
  • 03/04/2008 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 593.
  • 02/13/2008 - Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably.
  • 07/24/2007 - Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
  • 07/23/2007 - DEBATE - The House proceeded with forty minutes of debate on H.R. 2798.

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Bill Text
File name Last Updated
H.R.2798 Reported in Senate03/06/2008
H.R.2798 Referred to Senate Committee after being Received from House08/31/2007
H.R.2798 Engrossed as Agreed to or Passed by House08/31/2007
H.R.2798 Reported in House08/31/2007
H.R.2798 Introduced in House08/31/2007