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22 U.S.C. § 285ccEighth replenishment

submitted 21 years ago by Pub. L. 89-369 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 69 words · no verdicts yet

in plain englishAI-generated · not legal advice

The U.S. Governor of the Bank may contribute $461,000,000 to the eighth replenishment of the Fund's resources, once Congress appropriates the money. Congress authorizes that same $461,000,000, with no yearly spending deadline, for the Secretary of the Treasury to pay.

(a) The United States Governor of the Bank may contribute $461,000,000 on behalf of the United States to the eighth replenishment of the Fund's resources, but only once Congress appropriates the necessary money. (b) To pay for this contribution, Congress authorizes $461,000,000 to be appropriated, with no fiscal-year deadline, for the Secretary of the Treasury to pay.
the actual law source: uscode.house.gov ↗public domain
(a)

The United States Governor of the Bank is authorized to contribute on behalf of the United States $461,000,000 to the eighth replenishment of the resources of the Fund, subject to obtaining the necessary appropriations.

(b)

In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $461,000,000 for payment by the Secretary of the Treasury.

Source credit: (Pub. L. 89–369, § 32, as added Pub. L. 109–102, title V, § 599C(c), Nov. 14, 2005, 119 Stat. 2243.)

history & why it existsrecord from the source credit
  • 2005Enacted · Pub. L. 89-369 · 119 Stat. 2243

A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-369 on 2005-11-14.

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