22 U.S.C. § 284l — Fourth replenishment; authorization of appropriations

submitted 52 years ago by Pub. L. 86-565 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 77 words · no verdicts yet

in plain englishAI-generated · not legal advice

The U.S. Governor was authorized to pay the Association $375,000,000 a year, for four years, as America's share of the fourth replenishment. Congress authorized appropriating the money needed for those four $375,000,000 payments. There's no fiscal-year limit on this appropriation.

(a) The United States Governor was authorized to agree, on behalf of the United States, to pay the Association four annual installments of $375,000,000 each, as the United States' contribution to the Fourth Replenishment of the Association's Resources. (b) To pay for that contribution, this section authorizes Congress to appropriate, without any fiscal-year limit, four annual installments of $375,000,000 each, to be paid by the Secretary of the Treasury.

the actual law source: uscode.house.gov ↗public domain

(a)

The United States Governor is hereby authorized to agree on behalf of the United States to pay to the Association four annual installments of $375,000,000 each as the United States contribution to the Fourth Replenishment of the Resources of the Association.

(b)

In order to pay for the United States contribution, there is hereby authorized to be appropriated without fiscal year limitation four annual installments of $375,000,000 each for payment by the Secretary of the Treasury.

Source credit: (Pub. L. 86–565, § 14, as added Pub. L. 93–373, § 1, Aug. 14, 1974, 88 Stat. 445.)

history & why it existsrecord from the source credit

1974Enacted · Pub. L. 86-565 · 88 Stat. 445

A history note hasn’t been published yet. The record shows enactment by Pub. L. 86-565 on 1974-08-14.

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