22 U.S.C. § 290i–13 — General callable capital increase
submitted this year by Pub. L. 97-35 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 109 words · no verdicts yet
This law lets the U.S. buy 800,000 more callable shares in the Bank. Congress must approve up to $7.8 billion before the U.S. pays for them.
The United States Governor of the Bank may subscribe on behalf of the United States to 800,000 additional shares of the capital stock of the Bank.
Any subscription by the United States to the capital stock of the Bank shall be effective only to such extent and in such amounts as are provided in advance in appropriations Acts.
For the increase in the United States subscription to the Bank under subsection (a), there is authorized to be appropriated, without fiscal year limitation, $7,800,000,000, for payment by the Secretary of the Treasury for callable shares of the Bank.
Source credit: (Pub. L. 97–35, title XIII, § 1346, as added Pub. L. 119–75, div. F, title VI, § 7070(d), Feb. 3, 2026, 140 Stat. 626.)
- 2026Enacted · Pub. L. 97-35 · 140 Stat. 626
A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-35 on 2026-02-03.
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