H.Res. 150 (102nd): Expressing the sense of the House of Representatives that the President should expeditiously and prudently complete review of the request of the Soviet Union for $1,500,000,000 in agricultural credit guarantees.

Introduced:
May 09, 1991 (102nd Congress, 1991–1992)
Sponsor:
Rep. John Weber [R-MN2]
Status:
Died (Referred to Committee)

The resolution’s title was written by the resolution’s sponsor. H.Res. stands for House simple resolution.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


5/9/1991--Introduced.
Expresses the sense of the House of Representatives that the President should: (1) expeditiously complete review of the request of the Soviet Union for $1,500,000,000 in agricultural credit guarantees; (2) approve such request if all of the criteria for providing such guarantees are satisfied and if the President determines that the failure to approve such request would seriously jeopardize fundamental national security interests; and (3) if the President determines that the Soviet Union is not creditworthy under such criteria, explore other mechanisms (such as barter arrangements and collateralization) to facilitate the Soviet purchase of U.S. agricultural products.

House Republican Conference Summary

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