Haiti Economic Lift Program Extension Act of 2023

Hozzl · 2024-12-19T09:06:46Z

Explore the details of House Bill 5614 Haiti Economic Lift Program Extension Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Foreign Trade and International Finance. Stay informed on legislative developments.

12/19/2024, 9:06 AM

Summary of Bill HR 5614

Bill 118 hr 5614, also known as the Haiti Economic Lift Program Extension Act of 2023, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to extend the Haiti Economic Lift Program, which was originally established to promote economic development and stability in Haiti.

The bill seeks to extend the authorization of the Haiti Economic Lift Program for an additional five years, until 2028. This program provides assistance to Haiti in the form of grants, loans, and technical assistance to support economic growth, job creation, and poverty reduction in the country.

The Haiti Economic Lift Program Extension Act of 2023 also includes provisions to strengthen accountability and oversight of the program, ensuring that funds are used effectively and efficiently. It requires regular reporting to Congress on the progress and impact of the program, as well as measures to prevent fraud and abuse. Overall, the goal of this legislation is to continue supporting Haiti in its efforts to build a more stable and prosperous economy, ultimately improving the lives of its citizens. The bill has received bipartisan support in Congress and is expected to be passed into law in the near future.

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Current Status of Bill HR 5614

Bill HR 5614 is currently in the status of Bill Introduced since September 20, 2023. Bill HR 5614 was introduced during Congress 118 and was introduced to the House on September 20, 2023. Bill HR 5614's most recent activity was Referred to the Subcommittee on Trade. as of December 17, 2024

Bipartisan Support of Bill HR 5614

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 5614

Primary Policy Focus

Foreign Trade and International Finance

Alternate Title(s) of Bill HR 5614

Haiti Economic Lift Program Extension Act of 2023Haiti Economic Lift Program Extension Act of 2023To extend duty-free treatment provided with respect to imports from Haiti under the Caribbean Basin Economic Recovery Act.

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