The Promote Endurance and Colombian Equality (P.E.A.C.E.) Act

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Title of Legislation * The Promote Endurance and Colombian Equality (P.E.A.C.E.) Act
Designation * Primary
Date of Congress * November 10th
2 SECTION 1. The US Federal Government shall disburse $20 million to the agriculture
3 sector in Colombia.
4 A. All funding shall be disbursed to Colombian citizens via microloans
5 through non-governmental organizations (NGOs).
6 SECTION 2. Microloans are a small sum of money lent at low or no interest to a new
7 business.
8 SECTION 3. USAID will be tasked in distributing the microloans to the NGOs.
9 A. The US Ambassador to Colombia and USAID shall submit independent
10 quarterly reports on the impact the microloans have on violence in
11 the country.
12 B. The Inter-American Development Bank shall be tasked with awarding
13 contracts to the specific NGOs specified in Section 1.
14 SECTION 4. This legislation will go into effect on the first day of the next Fiscal Year.
15 SECTION 5. All laws in conflict with this legislation are hereby declared null and void.
Respectfully Submitted, Name of School * Respectfully Submitted, Stuyvesant High School

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