- Not enactedThe President has not signed this bill
- The senate has not voted
Committee on Foreign Relations
- senate Committees
- The house Passed October 3rd, 2017Passed by Voice Vote
Committee on Financial ServicesCommittee on Foreign AffairsWestern Hemisphere, Civilian Security, and TradeIntroducedApril 5th, 2017
- house Committees
Bill DetailsOfficial information provided by the Congressional Research Service. Learn more or make a suggestion.
The Congressional Research Service writes summaries for most legislation. These summaries are listed here. Countable will update some legislation with a revised summary, title or other key elements.
Nicaraguan Investment Conditionality Act (NICA) of 2017
To oppose loans at international financial institutions for the Government of Nicaragua unless the Government of Nicaragua is taking effective steps to hold free, fair, and transparent elections, and for other purposes.
Nicaraguan Investment Conditionality Act (NICA) of 2017 This bill directs the President to instruct the U.S. Executive Director at each international financial institution to use U.S. influence to oppose any loan for the government of Nicaragua's benefit, other than for basic human needs or to promote democracy, unless the Department of State certifies that Nicaragua is taking effective steps to: hold free elections overseen by credible domestic and international electoral observers; promote democracy and an independent judicial system and electoral council; strengthen the rule of law; respect the right to freedom of association and expression; combat corruption, including investigating and prosecuting government officials credibly alleged to be corrupt; and protect the right of political opposition parties, journalists, trade unionists, human rights defenders, and other civil society activists to operate without interference. The Department of the Treasury shall submit to Congress a report assessing: (1) the effectiveness of the international financial institutions in enforcing applicable program safeguards in Nicaragua, and (2) the effects of specified constitutional and election concerns in Nicaragua on long-term prospects for positive development outcomes there. The President may waive such requirements in the U.S. national interest. The bill requires: (1) the President to direct the U.S. Permanent Representative to the Organization of American States to use U.S. influence to advocate for an Electoral Observation Mission to be sent to Nicaragua in 2017, and (2) the State Department to report on the involvement of senior Nicaraguan government officials in acts of public corruption or human rights violations.
Although Nicaragua will suffer if the NICA ACT is applied nonetheless it's needed as a pressuring measure against the totalitarian regime of Daniel Ortega. 447 deaths can't be ignored... Ortega has not ceased to oppress the people even after the International community keeps pressing politically and financially nonetheless the Nica Act will add pressure so that Daniel's government agrees to a dialogue and to resolve the situation without adding further violence. Thank you for making the voice of the majority of Nicaraguans heard whom are asking the government to cease it's violence and are in favor of the Nica Act!
The people of Nicaragua are suffering at the hands of Daniel Ortega and his wife vice-president Rosario Murillo. There have been murders in the street, kidnappings, arbitrary detentions, tortured detainees, rapes against women, and countless assaults against non-violent protesters. You can use your position and authority to support freedom of speech, democracy and human rights in Nicaragua by supporting this bill that puts pressure on Ortega's government to respect the will of the people.
We are not having murders and people jailed for exercising their civil right of protest. Independent journalists are being jailed and their lives threatened. That, is the big difference between USA and Nicaragua. The entire country is kidnapped and can be jailed at any time. Please inform yourself before you opine.