22 U.S.C. § 290g–11 — Additional authorization for payment of United States contribution

(a) United States share: The U.S. Governor of the Fund is authorized to contribute $125,000,000 on behalf of the United States, as the U.S. share of the Fund's second replenishment — but any commitment to pay depends on Congress actually appropriating the money. (b) Authorization of appropriations: Congress may appropriate $125,000,000, with no fiscal-year limit, for the Secretary of the Treasury to make this payment. (c) Funding requirements: To keep U.S. costs to a minimum, the Secretary of the Treasury: (1) must pay the U.S. contribution to the African Development Fund by letter of credit, in three annual installments; and (2) must get the Fund to certify that any undisbursed balance drawn down on that letter of credit will never exceed the U.S. share of what the Fund expects to need for disbursements over the following three months.