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22 U.S.C. § 284ccNineteenth replenishment

submitted 6 years ago by Pub. L. 86-565 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 76 words · no verdicts yet

in plain englishAI-generated · not legal advice

The U.S. Governor of the International Development Association may give it $3,004,200,000. This pays for America's share of the Association's nineteenth funding round. Congress must first approve the money.

(a) In general. This section lets the United States Governor of the International Development Association promise, on behalf of the United States, to contribute $3,004,200,000 to the Association's nineteenth replenishment — a scheduled round of new funding for the Association's resources. This promise only counts if Congress actually appropriates the money first. (b) Authorization of appropriations. To pay for that $3,004,200,000 contribution, this section authorizes Congress to appropriate that same amount, to be paid out by the Secretary of the Treasury. There is no fiscal-year limit on when the money can be spent.
the actual law source: uscode.house.gov ↗public domain
(a) In general

The United States Governor of the International Development Association is authorized to contribute on behalf of the United States $3,004,200,000 to the nineteenth replenishment of the resources of the Association, subject to obtaining the necessary appropriations.

(b) Authorization of appropriations

In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $3,004,200,000 for payment by the Secretary of the Treasury.

Source credit: (Pub. L. 86–565, § 31, as added Pub. L. 116–136, div. B, title XI, § 21012(b)(1), Mar. 27, 2020, 134 Stat. 593.)

history & why it existsrecord from the source credit
  • 2020Enacted · Pub. L. 86-565 · 134 Stat. 593

A history note hasn’t been published yet. The record shows enactment by Pub. L. 86-565 on 2020-03-27.

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