22 U.S.C. § 285hh — Twelfth replenishment

submitted 4 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 promise $177,440,000 to the Fund's twelfth replenishment. This promise depends on Congress approving the money first. The Treasury Secretary then pays it.

(a) The U.S. Governor of the Bank may agree, for the United States, to give $177,440,000 to the twelfth replenishment of the Fund's resources. This promise only counts if Congress later appropriates the money. (b) To pay for that promise, the law allows Congress to appropriate $177,440,000, with no time limit on when it must be spent. The Secretary of the Treasury makes the payment.

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, $177,440,000 to the twelfth 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, $177,440,000 for payment by the Secretary of the Treasury.

Source credit: (Pub. L. 89–369, § 37, as added Pub. L. 117–328, div. K, title VII, § 7072(b), Dec. 29, 2022, 136 Stat. 5092.)

history & why it existsrecord from the source credit

2022Enacted · Pub. L. 89-369 · 136 Stat. 5092

A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-369 on 2022-12-29.

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