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Code · BILL · 116th Congress · S. 1 (Engrossed in Senate) — To make improvements to certain defense and security assistance provisions and to authorize the appropriation of fund... · Sec. 202

Sec. 202. Findings

166 words·~1 min read·/bill/116/s/1/es/section-202

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Congress finds the following: In December 2011, Congress passed section 7041(b) of the Consolidated Appropriations Act, 2012 ( Public Law 112–74 ; 125 Stat. 1223), which appropriated funds made available under the heading Economic Support Fund to establish an enterprise fund for Jordan. The intent of an enterprise fund is to attract private investment to help entrepreneurs and small businesses create jobs and to achieve sustainable economic development. Jordan is an instrumental partner in the fight against terrorism, including as a member of the Global Coalition To Counter ISIS and the Combined Joint Task Force - Operation Inherent Resolve.
In 2014, His Majesty King Abdullah stated that Jordanians and Americans have been standing shoulder to shoulder against extremism for many years, but to a new level with this coalition against ISIL . On February 3, 2015, the United States signed a 3-year memorandum of understanding with Jordan, pledging to provide the kingdom with $1,000,000,000 annually in United States foreign assistance, subject to the approval of Congress.
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  • Pub. L. 112-74
  • 125 Stat. 1223
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Sec. 202
Findings
Pub. L.Pub. L. 112-74
Stat.125 Stat. 1223
Cites 2Cited by 0 across 0 sources
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