Ed Royce: “I have an amendment to the bill at the desk. The SPEAKER pro tempore. The Clerk will report the amendment. The Clerk…”

“I have an amendment to the bill at the desk. The SPEAKER pro tempore. The Clerk will report the amendment. The Clerk read as follows: Strike all after the enacting clause and insert the following: SECTION 1. SHORT TITLE. This Act may be cited as the ``Nicaraguan Investment Conditionality Act (NICA) of 2016''. SEC. 2. FINDINGS. Congress makes the following findings: (1) In 2006, Nicaragua, under President Enrique Bolanos, entered into a $175,000,000, 5-year compact with the Millennium Challenge Corporation (MCC). (2) After the 2008 municipal elections, the MCC stated that there was a pattern of decline in political rights and civil liberties in Nicaragua. (3) In 2009, the MCC terminated the compact and reduced the amount of MCC funds available to Nicaragua by $61,500,000, which led to the compact ending in 2011. (4) According to Nicaraguan law, the National Assembly is the only institution allowed to change the constitution but in 2009, Daniel Ortega circumvented the legislature and went to the Supreme Court, which he controls, to rule in his favor that Presidential term limits were inapplicable.…”