article: SECTION 1. SHORT TITLE. This Act may be cited as the ``Responsible Debt Relief and Democracy Reform Act''. SEC. 2. ADDITIONAL REQUIREMENTS FOR CANCELLATION OR REDUCTION OF DEBT OWED TO THE UNITED STATES. The Foreign Assistance Act of 1961 (22 U.S.C. 2151 et seq.) is amended by adding at the end the following: ``PART VI--ADDITIONAL REQUIREMENTS FOR CANCELLATION OR REDUCTION OF DEBT OWED TO THE UNITED STATES ``SEC. 901. CANCELLATION OR REDUCTION OF DEBT. ``Beginning on and after the date of the enactment of this part, the President may cancel or reduce amounts owed to the United States (or any agency of the United States) by foreign countries as a result of concessional or nonconcessional loans made, guarantees issued, or credits extended under any other provision of law only if, in addition to the requirements contained under the applicable provisions of law providing authority for the debt cancellation or reduction, the requirements contained in section 902 are satisfied. ``SEC. 902. ADDITIONAL REQUIREMENTS. ``(a) In General.--A foreign country shall be eligible for cancellation or reduction of debt under any other provision of law only if the government of the country-- ``(1) ensures freedom of the press; ``(2) ensures freedom of association; ``(3) has established an independent and nondiscriminatory judiciary; ``(4) provides for the reduction or elimination of corruption relating to public officials, including-- ``(A) the promulgation of laws to prohibit bribery of and by public officials, including disclosure of assets by such officials upon taking office, periodically while in office, and upon leaving office; ``(B) the establishment of an independent anti- corruption commission-- ``(i) to receive and verify the disclosure of assets by public officials in accordance with subparagraph (A); and ``(ii) to investigate allegations or corruption or misconduct by public officials and to make all findings available to the appropriate administrative or judicial entities; and ``(C) the establishment of an independent agency-- ``(i) to audit the financial activities of public officials and agencies; and ``(ii) to make all audits under clause (i) available to the appropriate administrative or judicial entities; ``(5) is elected through free and fair elections; ``(6) does not engage in a consistent pattern of gross violations of internationally recognized human rights; and ``(7) does not repeatedly provided support for acts of international terrorism, as determined by the Secretary of State under section 6(j)(1) of the Export Administration Act of 1979 (50 U.S.C. App. 2405(j)(1)) or section 620A(a) of the Foreign Assistance Act of 1961 (22 U.S.C. 2371(a)). ``(b) Exceptions.--The President may waive the application of 1 or more of the requirements of subsection (a) with respect to the cancellation or reduction of debt owed to the United States by a foreign country-- ``(1) for emergency humanitarian relief purposes; ``(2) if the President determines that it is in the national security interests of the United States to do so; or ``(3) if the President determines that the foreign country is making demonstrable progress in meeting the requirements of paragraphs (1) through (7) of subsection (a) by adopting appropriate legal and other related reforms. ``(c) Congressional Notification.--Not later than 7 days prior to the cancellation or reduction of debt in accordance with section 901, the President shall transmit to the Congress a report that contains a justification for the determination by the President that-- ``(1) the requirements contained in each of paragraphs (1) through (7) of subsection (a) have been satisfied with respect to the foreign country involved; or ``(2) the requirement of paragraph (1), (2), or (3) of subsection (b) has been satisfied with respect to the foreign country involved.''. SEC. 3. SENSE OF THE CONGRESS RELATING TO CANCELLATION OR REDUCTION OF MULTILATERAL DEBT. It is the sense of the Congress that the President should instruct the United States Executive Director at each international financial institution to which the United States is a member to use the voice, vote, and influence of the United States to urge that the cancellation or reduction of debt owed to the institution by a country may be provided only if the country meets the same requirements applicable to the cancellation or reduction of amounts owed to the United States under paragraphs (1) through (7) of section 902(b) of the Foreign Assistance Act of 1961 (as added by section 2).
summary: Expresses the sense of Congress that the President should instruct the U.S. Executive Director at each international financial institution to use the U.S. voice, vote, and influence to urge that the cancellation or reduction of debt owed to the institution by a country be provided only if it meets the additional requirements of this Act.