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22 U.S.C. § 283k — Authorization of appropriations

submitted 62 years ago by Pub. L. 88-259 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 73 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress may spend up to $411,760,000 to increase the U.S. share of the Bank's capital stock. Congress may also spend up to $50,000,000 to increase the U.S. share of the Fund for Special Operations.

(a) Capital stock of Inter-American Development Bank: Congress may appropriate, with no time limit tied to a fiscal year, up to $411,760,000 to pay for an increase in the United States' subscription to the capital stock of the Inter-American Development Bank. (b) Fund for Special Operations of the Inter-American Development Bank: Congress may also appropriate up to $50,000,000 to pay for an increase in the United States' subscription to the Bank's Fund for Special Operations.
the actual law source: uscode.house.gov ↗public domain
(a) Capital stock of Inter-American Development Bank

There is hereby authorized to be appropriated, without fiscal year limitation, for payment of the increased United States subscription to the capital stock of the Inter-American Development Bank, $411,760,000.

(b) Fund for Special Operations of the Inter-American Development Bank

There is hereby authorized to be appropriated, for payment of the increased United States subscription to the Fund for Special Operations of the Inter-American Development Bank, $50,000,000.

Source credit: (Pub. L. 88–259, § 2, Jan. 22, 1964, 78 Stat. 3.)

history & why it existsrecord from the source credit
  • 1964Enacted · Pub. L. 88-259 · 78 Stat. 3

A history note hasn’t been published yet. The record shows enactment by Pub. L. 88-259 on 1964-01-22.

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