H.R. 5899 would require funding under the Iraq Security Forces Fund to be provided in the form of loans and to require the Government of Iraq to provide matching funds under the Commanders' Emergency Response Program to be used for agreed-upon purposes which enable military commanders in Iraq to respond to urgent humanitarian relief and reconstruction requirements.

== Detailed Summary ==

<summary>
(Log inIraq Shared Investment Act - Requires that amounts made available under the Iraq Security Forces Fund shall be provided as loans subject to full repayment to edit the wikiU.S. government.

Amends the the National Defense Authorization Act for Fiscal Year 2006 to provide that: (1) for each of FY2008-FY2009, the Secretary of Defense shall withhold from obligation and beexpenditure not less than 20% of the amount made available for the Commanders' Emergency Response Program until the firstSecretary certifies to the congressional defense committees that the government of Iraq has agreed to provide a detailed summaryan amount equal to 20% of the bill!)amount made available under the Commanders' Emergency Response Program from its own resources to be used to enable military commanders in Iraq to respond to urgent humanitarian relief and reconstruction requirements; and (2) if the Secretary is unable to make such certification the amount withheld from obligation and expenditure shall be available for national debt reduction.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 4/24/2008: Referred to House committee. Status: Referred to the Committee on Armed Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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== Points in Favor ==

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== Points Against ==

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