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22 U.S.C. § 284hSecond replenishment; authorization of appropriations

submitted 57 years ago by Pub. L. 86-565 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 102 words · no verdicts yet

in plain englishAI-generated · not legal advice

The U.S. Governor was authorized to vote for the Association's second replenishment and to contribute $480,000,000 on America's behalf. This followed a 1968 Executive Directors' report. Congress authorized appropriating that same $480,000,000, with no fiscal-year limit, for the Treasury to pay.

The United States Governor was authorized to: (1) vote in favor of the resolutions creating the Association's second replenishment, an increase in the Association's resources; and (2) agree, on behalf of the United States, to contribute $480,000,000, following the Executive Directors' recommendation in a report dated March 8, 1968. This section authorizes Congress to appropriate that same $480,000,000, without any fiscal-year limit, for the Secretary of the Treasury to pay as the United States' share of that increase.
the actual law source: uscode.house.gov ↗public domain

The United States Governor is hereby authorized (1) to vote in favor of the second replenishment resolutions providing for an increase in the resources of the Association, and (2) to agree on behalf of the United States to contribute to the Association the sum of $480,000,000, as recommended by the Executive Directors in a report dated March 8, 1968, to the Board of Governors of the Association. There is hereby authorized to be appropriated, without fiscal year limitation, $480,000,000 for payment by the Secretary of the Treasury of the United States share of the increase in the resources of the Association.

Source credit: (Pub. L. 86–565, § 10, as added Pub. L. 91–14, May 23, 1969, 83 Stat. 10.)

history & why it existsrecord from the source credit
  • 1969Enacted · Pub. L. 86-565 · 83 Stat. 10

A history note hasn’t been published yet. The record shows enactment by Pub. L. 86-565 on 1969-05-23.

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