Loan Guarantee to Israel Program

[Federal Register Volume 60, Number 196 (Wednesday, October 11, 1995)]
[Presidential Documents]
[Page 53087]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-25375]

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Part IV

The President

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Presidential Determination No. 95-46 of September 29, 1995

Presidential Determination No. 95-47 of September 29, 1995

Presidential Determination No. 95-48 of September 29, 1995

Presidential Determination No. 95-50 of September 30, 1995

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Title 3--
The President

Presidential Determination No. 95-46 of September 29,
1995

Loan Guarantee to Israel Program

Memorandum for the Secretary of State

Pursuant to the authority vested in me by Section
226(b) and Section 614(a)(1) of the Foreign Assistance
Act of 1961, as amended (``the Act''), 22 U.S.C.
2186(b) and 22 U.S.C. 2364(a)(1), respectively, I
hereby determine that:

(1) $303 million of loan guarantee authority
pursuant to Section 226(a) and (b) of the Act for
Fiscal Year 1996 is subject to the deduction
requirements of Section 226(d) of the Act; and
(2) It is important to the security interests of
the United States that the aforementioned amount shall
be reduced by $243 million without regard to the
deduction requirement of Section 226(d) of the Act or
any other provision of law within the scope of Section
614 of the Act;

Therefore, I hereby authorize that such $243 million in
loan guarantee authority shall remain available
pursuant to Section 226 (a) and (b) of the Act and that
$60 million in loan guarantee authority shall be
deducted pursuant to section 226(d) of the Act.

You are hereby authorized and directed to transmit this
determination to Congress and to arrange for its
publication in the Federal Register.

THE WHITE HOUSE,

Washington, September 29, 1995.