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

submitted 49 years ago by Pub. L. 86-565 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 89 words · no verdicts yet

in plain englishAI-generated · not legal advice

The U.S. Governor was authorized to pay the Association $2,400,000,000 for the fifth replenishment, if Congress appropriated the money. Congress then authorized appropriating that same $2,400,000,000, with no fiscal-year limit.

(a) The United States Governor was authorized to agree, on behalf of the United States, to pay the Association $2,400,000,000 as the United States' contribution to the fifth replenishment of the Association's resources — but only if Congress actually provided the necessary appropriations. (b) To pay for that contribution, this section authorizes Congress to appropriate, without any fiscal-year limit, that same $2,400,000,000, to be paid by the Secretary of the Treasury.
the actual law source: uscode.house.gov ↗public domain
(a)

The United States Governor is authorized to agree on behalf of the United States to pay to the Association $2,400,000,000 as the United States contribution to the fifth replenishment of the Resources of the Association: Provided, however, That any commitment to make such contributions shall be made subject to obtaining the necessary appropriations.

(b)

In order to pay for the United States contribution provided for in this section, there are authorized to be appropriated, without fiscal year limitation, $2,400,000,000 for payment by the Secretary of the Treasury.

Source credit: (Pub. L. 86–565, § 16, as added Pub. L. 95–118, title IV, § 401, Oct. 3, 1977, 91 Stat. 1068.)

history & why it existsrecord from the source credit
  • 1977Enacted · Pub. L. 86-565 · 91 Stat. 1068

A history note hasn’t been published yet. The record shows enactment by Pub. L. 86-565 on 1977-10-03.

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