text: 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).
target: 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.
feat_title: Responsible Debt Relief and Democracy Reform Act