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22 U.S.C. § 285ddNinth replenishment

submitted 15 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 give $461,000,000 to the Fund's ninth replenishment. This contribution depends on Congress approving the money first. Congress may appropriate $461,000,000, with no yearly limit, so the Treasury can pay it.

(a) The United States Governor of the Bank may contribute $461,000,000, on behalf of the United States, to the ninth replenishment of the Fund's resources. This contribution can only happen if Congress first appropriates the necessary money. (b) To pay for that contribution, Congress is authorized to appropriate $461,000,000, with no limit tied to a specific fiscal year, 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 ninth 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, § 33, as added Pub. L. 112–10, div. B, title XI, § 2126(e), Apr. 15, 2011, 125 Stat. 191.)

history & why it existsrecord from the source credit
  • 2011Enacted · Pub. L. 89-369 · 125 Stat. 191

A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-369 on 2011-04-15.

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