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22 U.S.C. § 262f — Promotion of development and utilization of light capital technologies and United States assistance policies with international financial institutions

submitted 49 years ago by Pub. L. 95-118 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 87 words · no verdicts yet

in plain englishAI-generated · not legal advice

At seven named institutions, the U.S. must push for using "light capital" technologies. These are also called intermediate, appropriate, or village technologies. The focus should be on producing and saving energy through these technologies.

This section is one undivided provision. In its voice and vote at the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Inter-American Development Bank, the African Development Fund, and the Asian and African Development Banks, the United States government must promote the development and use of "light capital technologies" — also known as intermediate, appropriate, or village technologies — as a major part of those institutions' development strategies, with major emphasis on producing and conserving energy through them.
the actual law source: uscode.house.gov ↗public domain

The United States Government, in connection with its voice and vote in the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Inter-American Development Bank, the African Development Fund, the Asian Development Bank, and the African Development Bank, shall promote the development and utilization of light capital technologies, otherwise known as intermediate, appropriate, or village technologies, by such international institutions as major facets of their development strategies, with major emphasis on the production and conservation of energy through light capital technologies.

Source credit: (Pub. L. 95–118, title VIII, § 801, Oct. 3, 1977, 91 Stat. 1071; Pub. L. 97–35, title XIII, §§ 1342(c), 1371(b)(1), Aug. 13, 1981, 95 Stat. 743, 746.)

history & why it existsrecord from the source credit
  • 1977Enacted · Pub. L. 95-118 · 91 Stat. 1071
  • 1981Amended · Pub. L. 97-35 · 95 Stat. 743, 746

A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-118 on 1977-10-03.

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