22 U.S.C. § 283z–12 — Authority to vote for and contribute to an increase in resources of the Fund for Special Operations; providing debt relief to Haiti

(a) Vote authorized Under 22 U.S.C. § 283c, the U.S. Governor of the Bank may vote for a resolution raising the Fund for Special Operations' resources by up to $479,000,000, to provide debt relief for Haiti, following the March 21, 2010 Cancun Declaration. That declaration says: (1) Haiti's debts to the Fund are to be cancelled; (2) Haiti's remaining local-currency conversion obligations to the Fund are to be cancelled; (3) undisbursed balances of the Fund's existing Haiti loans are to become grants; and (4) the Fund is to give Haiti significant, immediate grant money, plus appropriate money to other borrower countries, matching paragraph 6 of the Cancun Declaration. (b) Contribution authority To the extent Congress provides the money in advance, the U.S. Governor of the Bank may, under section 283c, contribute up to $252,000,000 to the Fund for Special Operations, for debt relief made up of: up to $240,000,000 to the Fund for Special Operations; up to $8,000,000 to the International Fund for Agricultural Development; and up to $4,000,000 to the International Development Association. (c) Authorization of appropriations To pay for the contribution in subsection (b), Congress authorizes $212,000,000, with no fiscal-year limit, for the Secretary of the Treasury to pay as the U.S. contribution to the Fund for Special Operations.