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22 U.S.C. § 9614 — Independent accountability mechanism

submitted 8 years ago by Pub. L. 115-254 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 175 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section requires an independent accountability mechanism for the Corporation. It assigns that mechanism annual review, project-concern resolution, and advisory functions and requires a report about possible consolidation with the Inspector General.

(a) The Board must establish a transparent and independent accountability mechanism. (b) The mechanism must: (1) evaluate each year and report to the Board and Congress on compliance with environmental, social, labor, human-rights, and transparency standards consistent with the Corporation's legal duties; (2) provide a forum for concerns about the effects of particular Corporation-supported projects; and (3) advise about Corporation projects, policies, and practices. (c) Within 90 days after December 18, 2025, the Board must report to the appropriate congressional committees on efficiencies that could result from placing the mechanism's functions under the Corporation Inspector General's authority. The report must explain how the Inspector General would develop enough environmental, social, and governance expertise to replace the mechanism's expertise.

the actual law source: uscode.house.gov ↗public domain
(a) In general

The Board shall establish a transparent and independent accountability mechanism.

(b) Functions

The independent accountability mechanism established pursuant to subsection (a) shall—

(1)

annually evaluate and report to the Board and Congress regarding compliance with environmental, social, labor, human rights, and transparency standards, consistent with Corporation statutory mandates;

(2)

provide a forum for resolving concerns regarding the impacts of specific Corporation-supported projects with respect to such standards; and

(3)

provide advice regarding Corporation projects, policies, and practices.

(c) Consolidation of functions

Not later than 90 days after December 18, 2025, the Board shall submit a report to the appropriate congressional committees describing any efficiencies that may be gained through the consolidation of functions of the independent accountability mechanism under the authorities of the Office of the Inspector General of the Corporation under section 1414. 1 The report shall include an outline as to how the Inspector General of the Corporation would develop an internal environmental, social, and governance expertise to adequately replace the independent accountability mechanism’s environmental, social, and governance expertise.

Source credit: (Pub. L. 115–254, div. F, title I, § 1415, Oct. 5, 2018, 132 Stat. 3492; Pub. L. 119–60, div. H, title LXXXVII, § 8733, Dec. 18, 2025, 139 Stat. 1960.)

history & why it existsrecord from the source credit
  • 2018Enacted · Pub. L. 115-254 · 132 Stat. 3492
  • 2025Amended · Pub. L. 119-60 · 139 Stat. 1960

A history note hasn’t been published yet. The record shows enactment by Pub. L. 115-254 on 2018-10-05.

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