,,ii  #aad? ,,congress  #a/ ,session    
,s4 #bcjg  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,novemb] #ai1 #bjae    
,mrs4 ,%ahe5 7= h]self & ,mr4 ,wick]7   
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,=eign
 ,relations  ,a ,,bill  ,to promote !   
/r5g!n+ ( ! private sector 9 ,bosnia &  
,h]zegov9a4  #a4 ,%ort title  ,?is ,act 
may be cit$ z ! ,bosnia &               
,h]zegov9a-,am]ican ,ent]prise ,fund    
,act4  #b4 ,purpose & f9d+s  7a7        
,purpose ,! purpose ( ?is ,act is to    
support economic opportunity & political
 progress 9 ,bosnia & ,h]zegov9a ?r\gh !
 creation ( an ent]prise fund t w       
provide f9ancial inve/m5t & te*nical    
assi/ance to small & m$ium-siz$         
ent]prises4  7b7 ,f9d+s ,congress makes 
! foll[+ f9d+s3 7#a7 ,! ,unit$ ,/ates   
has a /rong int]e/ 9 ensur+ ! ga9s 9    
/ability & reconciliation made s9ce !   
end ( ! ,bosnian ,w> 9 #aiie are n      
ov]tak5 by difficult economic           
conditions4  7#b7 ,9 #bjad1 prote/s     

broke out across ,bosnia & ,h]zegov9a z 
a result ( widespread fru/ration among !
 populace reg>d+ ! economy1 :i* is      
curr5tly exp]i5c+ an unemploym5t rate ( 
m ?an #dj p]c5t4  7#c7 7,a7 ,a crucial  
elem5t = economic progress 9 ,bosnia &  
,h]zegov9a is robu/ gr[? among small &  
m$ium-siz$ ent]prises 7,s,m,es71 :i* h  
/ruggl$ to access necess>y f9anc+4  7,b7
 ,al?\gh ! private sector cr$it-to-,,gdp
 ratio 9 ,bosnia & ,h]zegov9a grew f #be
 p]c5t 9 #bjja to ov] #fe p]c5t 9 #bjjh1
 x has fail$ to gr[ 9 ! #g ye>s s9ce1 & 
is significantly less ?an ! av]age =    
advanc$ economies4  7,c7 ,bank l5d+1 :i*
 grew simil>ly rapidly be=e #bjjh1 has  
gr[n b>ely m ?an #a p]c5t p] ye> s9ce   
!n4  7,d7 ,int]national f9ancial        
in/itutions & =eign-own$ private        
inve/m5t funds active 9 ,bosnia &       
,h]zegov9a h provid$ gr[? f9ance = l>g] 
companies & infra/ructure project       
f9anc+1 b h n sub/antially inve/$ 9     
,s,m,es4  7#d7 7,a7 ,bosnia &           
,h]zegov9a's demographic1 income &      

geographic *>act]i/ics are promis+ =    
,,sme gr[?4  7,b7 ,bosnia & ,h]zegov9a  
is a m>ket ( almo/ #d1jjj1jjj p1 ^: p]  
capita income has gr[n by almo/ #ej     
p]c5t 9 less ?an a decade1 & sub/antial 
gr[? rema9s 9 ord] to a*ieve income     
p>ity ) its ,balkan neighbor economies4 
7,c7 ,bosnia & ,h]zegov9a curr5tly      
imports almo/ #aj1jjj1jjj1jjj ( goods p]
 ye>1 a sub/antial portion ( :i* c\ld be
 sub/itut$ = by dome/ic ,,sme           
production4  7#e7 ,to help fo/] &       
support ! fl$gl+ private sector 9       
,c5tral & ,ea/]n ,europe aft] ! fall ( !
 ,b]l9 ,wall1 ,congress1 ?r\gh enactm5t 
( ! ,support = ,ea/ ,european ,democracy
 7,,se$7 ,act ( #aihi 7#bb ,u4,s4,c4    
#edja et seq47 & ! ,,fre$om ,support    
,act 7#bb ,u4,s4,c4 #ehja et seq471     
au?oriz$ ne>ly #a1bjj1jjj1jjj = ! ,unit$
 ,/ates ,ag5cy = ,int]national          
,developm5t 7,,usaid7 to e/abli% #aj new
 inve/m5t funds 7collectively kn[n z !  
,ent]prise ,funds7 to bo? support       
economic developm5t objectives & realize

 sub/antial f9ancial returns4  7#f7 ,!  
,ent]prise ,funds-- 7,a7 *annel$        
approximately #aj1jjj1jjj1jjj ( public &
 private fund+ into m ?an #ejj          
ent]prises 9 #ai c\ntries2  7,b7 lev]ag$
 #f1ijj1jjj1jjj 9 private inve/m5t      
capital f outside ! ,unit$ ,/ates       
,gov]nm5t2  7,c7 provid$ sub/antial     
developm5t capital :]e supply 0 limit$2 
7,d7 creat$ or su/a9$ m ?an #cjj1jjj    
jobs ?r\gh inve/m5t & developm5t        
activities2  7,e7 fund$ #hj1jjj1jjj 9   
te*nical assi/ance to /r5g!n ! private  
sector2 &  7,f7 are expect$ to rec\p    
#agg p]c5t ( ! orig9al ,,usaid fund+4   
7#g7 ,ent]prise funds e/abli%$ 9        
p>tn]%ip ) ,unit$ ,/ates p>tn]s1 su* z  
,pol&1 ,hung>y1 ,albania1 ,russia1 & o!r
 ,european c\ntries1 h prov5 b5eficial  
to ! economies ( su* c\ntries4  7#h7    
,creat+ a simil> fund 9 close p>tn]%ip )
 ! p ( ,bosnia & ,h]zegov9a w\ld help   
su/a9 & exp& economic re=m ef=ts 9      
,bosnia & ,h]zegov9a & emp[]            
entrepr5eurs to create urg5tly ne$$     

employm5t opportunities4  7#i7 ,e/abli%+
 an ent]prise fund = ,bosnia &          
,h]zegov9a w\ld-- 7,a7 help improve     
f9ancial in/itutions )9 ! c\ntry2  7,b7 
provide debt1 equity1 & o!r inve/m5t    
vehicles = comm]cially viable ,s,m,es2 &
  7,c7 make ! inve/m5t environm5t m     
attractive to dome/ic & int]national    
inve/ors4  #c4 ,purposes ( ,bosnia &    
,h]zegov9a-,am]ican ,ent]prise ,fund ,! 
purposes ( ! ,bosnia &                  
,h]zegov9a-,am]ican ,ent]prise ,fund    
are--  7#a7 to promote ! private sector 
9 ,bosnia & ,h]zegov9a1 :ile consid]+ ! 
developm5t impact ( inve/m5ts &         
pr(itability ( ^? inve/m5ts1 p>ticul>ly 
9 small & m$ium-siz$ ent]prises1 & jo9t 
v5tures ) p>ticipants f ! ,unit$ ,/ates 
& ,bosnia & ,h]zegov9a2  7#b7 to promote
 policies & practices conducive to      
/r5g!n+ ! private sector 9 ,bosnia &    
,h]zegov9a ?r\gh measures includ+ loans1
 microloans1 equity inve/m5ts1          
insurance1 gu>antees1 grants1           
feasibility /udies1 te*nical assi/ance1 

tra9+ = bus9esses receiv+ inve/m5t      
capital1 & o!r measures2  7#c7 to       
promote good corporate gov]nance &      
transp>5cy 9 ,bosnia & ,h]zegov9a1 fo/] 
competition1 catalyze productivity      
improvem5ts 9 exi/+ bus9esses1 & /r5g!n 
local capital m>kets2 &  7#d7 to promote
 security ?r\gh job creation 9 ! private
 sector 9 ,bosnia & ,h]zegov9a & to     
fur!r ! creation ( a middle class 9     
,bosnia & ,h]zegov9a4  #d4 ,bosnia &    
,h]zegov9a-,am]ican ,ent]prise ,fund    
7a7 ,designation ,! ,presid5t is        
au?oriz$ to designate a private1        
nonpr(it organization 7to be kn[n z !   
,bosnia & ,h]zegov9a-,am]ican ,ent]prise
 ,fund7 to receive funds & support made 
available "u ?is ,act aft] det]m9+ t su*
 organization has be5 designat$ = !     
purposes specifi$ 9 section #c4 ,!      
,presid5t %\ld make su* designation only
 aft] consultation ) ! lead]%ip ( ea*   
,h\se ( ,congress4  7b7 ,bo>d (         
directors  7#a7 ,appo9tm5t ,! ,bosnia & 
,h]zegov9a-,am]ican ,ent]prise ,fund    

%all be gov]n$ by a ,bo>d ( ,directors1 
:i* %all be compris$ ( #f private       
citiz5s ( ! ,unit$ ,/ates appo9t$ by !  
,presid5t ( ! ,unit$ ,/ates 9           
consultation ) ! ,adm9i/rator ( ! ,unit$
 ,/ates ,ag5cy = ,int]national          
,developm5t4 ,! ,bo>d is au?oriz$ to    
appo9t up to #c additional memb]s :o are
 citiz5s ( ,bosnia & ,h]zegov9a if agre$
 to unanim\sly by all memb]s ( ! ,bo>d4 
7#b7 ,qualifications ,memb]s ( ! ,bo>d (
 ,directors %all be select$ f among p :o
 h _h successful bus9ess c>e]s &        
demon/rat$ exp]i5ce & exp]tise 9        
int]national & p>ticul>ly em]g+ m>kets  
inve/m5t activities1 su* z private      
equity or v5ture capital inve/m5t1      
bank+1 f9ance1 /rategic bus9ess         
consult+1 or entrepr5eurial bus9ess     
creation1 & backgr\nds 9 priority       
bus9ess sectors ( ! ,fund4  7#c7 ,unit$ 
/ates gov]nm5t liaison to ! bo>d ,!     
,presid5t %all appo9t ! ,unit$ ,/ates   
,ambassador to ,bosnia & ,h]zegov9a1 or 
! ,ambassador's designee1 z a liaison to

 ! ,bo>d4  7#d7 ,non-gov]nm5t liaisons  
to ! bo>d  7,a7 ,au?ority to appo9t ,^u 
! recomm5dation ( ! ,bo>d ( ,directors1 
! ,presid5t may appo9t up to #b         
additional liaisons to ! ,bo>d (        
,directors 9 addition to ! memb]s       
specifi$ 9 p>agraphs 7#a7 & 7#c71 ( :i* 
n m ?an #a may be a non-citiz5 ( !      
,unit$ ,/ates4  7,b7 ,,ngo community ,"o
 ( ! additional liaisons to ! ,bo>d %\ld
 be f ! nongov]nm5tal organization      
community1 ) significant prior exp]i5ce 
9 developm5t & an und]/&+ ( developm5t  
policy priorities = ,bosnia &           
,h]zegov9a4  7,c7 ,te*nical exp]tise ,"o
 ( ! additional liaisons to ! ,bo>d %\ld
 h ext5sive demon/rat$ indu/ry1 sector1 
or te*nical exp]i5ce & exp]tise 9 a     
priority inve/m5t sector = ! ,fund4  7c7
 ,grants  7#a7 ,9 g5]al ,!re is au?oriz$
 to be appropriat$ = ! ,dep>tm5t ( ,/ate
 = fiscal ye> #bjaf #cj1jjj1jjj--  7,a7 
to c>ry out ! purposes set =? 9 section 
#c ?r\gh ! ,bosnia & ,h]zegov9a-,am]ican
 ,ent]prise ,fund2 &  7,b7 to pay = !   

adm9i/rative exp5ses ( ! ,bosnia &      
,h]zegov9a-,am]ican ,ent]prise ,fund4   
7#b7 ,eligible programs & projects      
,grants aw>d$ "u ?is section may only be
 us$ = programs & projects t support !  
purposes set =? 9 section #c4  7#c7     
,compliance requirem5ts  7,a7 ,9 g5]al  
,grants may n be aw>d$ to ! ,bosnia &   
,h]zegov9a-,am]ican ,ent]prise ,fund "u 
?is section unless ! ,fund agrees to    
comply ) ! requirem5ts "u ?is section4  
7,b7 ,grant agreem5t ,! grant agreem5t  
betwe5 ! ,unit$ ,/ates ,ag5cy =         
,int]national ,developm5t & ! ,bosnia & 
,h]zegov9a-,am]ican ,ent]prise ,fund    
%all /ate t ! ,fund %all end its        
re9ve/m5t cycle n lat] ?an ,decemb] #ca1
 #bjcj1 unless ! ,secret>y ( ,/ate1 9   
consultation ) ! ,adm9i/rator ( ! ,unit$
 ,/ates ,ag5cy = ,int]national          
,developm5t1 & aft] consultation ) !    
appropriate congressional committees1   
det]m9es t ! ,fund %\ld be ext5d$4  7,c7
 ,prev5tion ( money laund]+ & t]rori/   
f9anc+ ,! grant agreem5t betwe5 ! ,unit$

 ,/ates ,ag5cy = ,int]national          
,developm5t & ! ,bosnia &               
,h]zegov9a-,am]ican ,ent]prise ,fund    
%all /ate t ! ,fund %all comply )       
proc$ures specifi$ by ! ,secret>y (     
,/ate to ensure t grant funds are n     
provid$ by ! ,fund to or ?r\gh any      
individual1 private or gov]nm5t entity1 
or educational in/itution t advocates1  
plans1 sponsors1 engages 91 or has      
engag$ 91 money laund]+ or t]rori/      
activity or1 ) respect to a private     
entity or educational in/itution1 t has 
z a pr9cipal (fic] ( ! entity's gov]n+  
bo>d or gov]n+ bo>d ( tru/ees any       
individual t has be5 det]m9$ to be      
involv$ 9 or advocat+ money laund]+ or  
t]rori/ activity or det]m9$ to be a     
memb] ( a designat$ =eign t]rori/       
organization4  7,d7 ,disposition (      
assets ,! assets ( ! ,bosnia &          
,h]zegov9a-,am]ican ,ent]prise ,fund at 
! "t ! ,fund is dissolv$ %all be return$
 to ! ,g5]al ,fund ( ! ,unit$ ,/ates    
,treasury & us$ to r$uce ! debt ( !     

,unit$ ,/ates 9 a mann] agre$ ^u by     
,,usaid & ! ,bo>d ( ,directors = !      
,fund1 except = ^? assets us$ to        
designate a legacy f\ndation :i* is     
appropriately res\rc$ to ! ne$s (       
,bosnia & ,h]zegov9a4  7d7 ,notification
  7#a7 ,9 g5]al ,n lat] ?an #ae days    
be=e designat+ an organization to op]ate
 z ! ,bosnia & ,h]zegov9a-,am]ican      
,ent]prise ,fund pursuant to subsection 
7a71 ! ,presid5t %all provide !         
in=mation describ$ 9 p>agraph 7#b7 to ! 
,*airman & ,rank+ ,memb] ( ! appropriate
 congressional committees4  7#b7        
,in=mation ,! in=mation describ$ 9 ?is  
p>agraph is--  7,a7 ! id5tity ( !       
organization to be designat$ to op]ate z
 ! ,bosnia & ,h]zegov9a-,am]ican        
,ent]prise ,fund pursuant to subsection 
7a72  7,b7 ! "n & qualifications ( !    
individual :o w s]ve z ,*airman ( !     
,bo>d ( ,directors2 &  7,c7 ! am\nt ( ! 
grant int5d$ to fund ! ,bosnia &        
,h]zegov9a-,am]ican ,ent]prise ,fund ov]
 ! lifetime ( ! fund4  7e7 ,public      

disclosure ,n lat] ?an #a ye> aft] !    
entry into =ce ( ! initial grant        
agreem5t "u ?is section1 & annually     
!reaft]1 ! ,fund %all prep>e & make     
available to ! public on an ,int]net    
,web site adm9i/]$ by ! ,fund a report  
on ! ,fund's activities dur+ ! previ\s  
ye>1 includ+--  7#a7 a description ( ea*
 inve/m5t or project support$ by !      
,fund1 includ+ ea* type ( assi/ance     
provid$ 9 accordance ) section #c7b72   
7#b7 ! am\nts inve/$ by ! ,fund 9 ea*   
company or project2  7#c7 ! am\nts (    
additional private inve/m5ts made 9 ea* 
company or project2 &  7#d7 ! am\nts (  
any pr(its or losses realiz$ by ! ,fund 
9 connection ) ea* su* company or       
project4  #e4 ,reports  7a7             
,adm9i/rative exp5ses ,n lat] ?an #a ye>
 aft] ! date ( ! enactm5t ( ?is ,act1 & 
annually !reaft] until ! ,fund is       
dissolv$1 ! ,fund %all submit to !      
appropriate congressional committees a  
report detail+ ! adm9i/rative exp5ses ( 
! ,fund1 includ+ any employee inc5tive  

comp5sation arrangem5ts implem5t$ by !  
,fund :i* are n consid]$ to be indu/ry  
/&>d4  7b7 ,,gao report ,n lat] ?an #c  
ye>s aft] ! date ( ! enactm5t ( ?is     
,act1 & e #c ye>s !reaft] until ! ,fund 
is dissolv$1 ! ,comptroll] ,g5]al ( !   
,unit$ ,/ates %all submit to !          
appropriate congressional committees a  
report assess+ ! activities ( ! ,fund 9 
a*iev+ ! /at$ goals ( promot+ private   
sector inve/m5t & employm5t 9 ,bosnia & 
,h]zegov9a & id5tify+ ^? in/itutional or
 regulatory con/ra9ts t inhibit a m     
effective application ( ,fund res\rces4 
7c7 ,,usaid reports ,n lat] ?an ,july   
#a1 #bjbb1 & ,july #a1 #bjcj1 !         
,adm9i/rator ( ! ,unit$ ,/ates ,ag5cy = 
,int]national ,developm5t %all submit a 
report to ! appropriate congressional   
committees assess+ ! p]=mance ( !       
,bosnia & ,h]zegov9a-,am]ican ,ent]prise
 ,fund ) respect to ! purposes set =? 9 
section #c4  7d7 ,appropriate           
congressional committees def9$ ,9 ?is   
section1 ! t]m appropriate congressional

 committees means-- 7#a7 ! ,committee on
 ,=eign ,relations & ! ,committee on    
,appropriations ( ! ,s5ate2 &  7#b7 !   
,committee on ,=eign ,affairs & !       
,committee on ,appropriations ( ! ,h\se 
( ,repres5tatives4  #f4 ,op]ation       
provisions  7a7 ,applicable provisions  
,subsections 7d77#e71 7g71 7h71 7i71    
7k71 7l71 7m71 7n71 7o71 & 7p7 ( section
 #bja ( ! ,support = ,ea/ ,european     
,democracy 7,,se$7 ,act ( #aihi 7#bb    
,u4,s4,c4 #edba7 %all apply ) respect to
 ! ,bosnia & ,h]zegov9a-,am]ican        
,ent]prise ,fund 9 ! same mann] z su*   
provisions apply to ,ent]prise ,funds   
designat$ pursuant to subsection 7d7 (  
su* section4  7b7 ,re9ve/m5t ,returns on
 inve/m5ts ( ! ,bosnia &                
,h]zegov9a-,am]ican ,ent]prise ,fund &  
o!r paym5ts to ! ,fund may be re9ve/$ 9 
projects c>ri$ out by ! ,fund )\t fur!r 
appropriation by ,congress4  #g4 ,be/   
practices & proc$ures ,to ! maximum     
ext5t practicable1 ! ,bo>d ( ,directors 
( ! ,bosnia & ,h]zegov9a-,am]ican       

,ent]prise ,fund %\ld adopt ! be/       
practices & proc$ures us$ by ,ent]prise 
,funds1 includ+ ^? = :i* fund+ has be5  
made available pursuant to section #bja 
( ! ,support = ,ea/ ,european ,democracy
 7,,se$7 ,act ( #aihi 7#bb ,u4,s4,c4    
#edba74  #h4 ,exp]i5ce ( o!r ent]prise  
funds ,9 implem5t+ ?is ,act1 ! ,presid5t
 %all ensure t ! ,articles (            
,incorporation ( ! ,bosnia &            
,h]zegov9a-,am]ican ,ent]prise ,fund    
7includ+ provisions specify+ !          
responsibilities ( ! ,bo>d ( ,directors 
( ! ,fund71 ! t]ms ( ,unit$ ,/ates      
,gov]nm5t grant agreem5ts ) ! ,fund1 &  
,unit$ ,/ates ,gov]nm5t ov]sight ( !    
,fund are1 to ! maximum ext5t           
practicable1 consi/5t ) ! ,articles (   
,incorporation (1 ! t]ms ( grant        
agreem5ts )1 & ! ov]sight ( ! ,ent]prise
 ,funds designat$ pursuant to section   
#bja ( ! ,support = ,ea/ ,european      
,democracy 7,,se$7 ,act ( #aihi 7#bb    
,u4,s4,c4 #edba7 & comp>able provisions 
( law4