22 U.S.C. § 290g–10 — Additional authorization for contribution to African Development Fund

submitted 49 years ago by Pub. L. 94-302 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 146 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress let the U.S. contribute $50 million more to the African Development Fund's first replenishment. The Treasury Secretary had to first discuss funding levels and voting rules with other donor countries.

(a) Payment of United States contribution: The U.S. Governor of the Fund is authorized to contribute $50,000,000 on behalf of the United States, as an additional U.S. contribution to the Fund's first replenishment. The Secretary of the Treasury must begin discussions with other donor nations to the Fund, to set contribution amounts and possibly review and change the Fund's voting structure. Any commitment to make this contribution only happens if Congress actually appropriates the money. (b) Authorization of appropriations: Congress may appropriate $50,000,000, with no fiscal-year limit, so the Secretary of the Treasury can make this payment. Once appropriated, this money stays available until it's spent.

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

(a) Payment of United States contribution; review of payment and voting structure with other donor nations

The United States Governor is authorized to contribute on behalf of the United States $50,000,000 to the African Development Fund, which would represent an additional United States contribution to the first replenishment. The Secretary of the Treasury is directed to begin discussions with other donor nations to the African Development Fund for the purpose of setting amounts and of reviewing and possibly changing the voting structure within the Fund: Provided, however, That any commitment to make such contribution shall be made subject to obtaining the necessary appropriations.

(b) Authorization of appropriations

In order to pay for the United States contribution to the African Development Fund provided for in this section there are authorized to be appropriated without fiscal year limitation $50,000,000 for payment by the Secretary of the Treasury.

Source credit: (Pub. L. 94–302, title II, § 211, formerly § 212, as added Pub. L. 95–118, title VI, § 601, Oct. 3, 1977, 91 Stat. 1069; renumbered § 211, Pub. L. 96–259, title III, § 301(1), June 3, 1980, 94 Stat. 430.)

history & why it existsrecord from the source credit

1977Enacted · Pub. L. 94-302 · 91 Stat. 1069
1980Amended · Pub. L. 96-259 · 94 Stat. 430

A history note hasn’t been published yet. The record shows enactment by Pub. L. 94-302 on 1977-10-03.

all 0 arguments · sorted by: best

no arguments yet — make the first case