22 U.S.C. § 9672 — Additionality and avoidance of market distortion
submitted 8 years ago by Pub. L. 115-254 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 115 words · no verdicts yet
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Before the Corporation provides support for a project under subchapter II of this chapter, the Corporation shall ensure that private sector entities are afforded an opportunity to support the project.
The Corporation shall develop appropriate safeguards, policies, and guidelines to ensure that support provided by the Corporation under subchapter II of this chapter—
supplements and encourages, but does not compete with, private sector support;
operates according to internationally recognized best practices and standards with respect to ensuring the avoidance of market distorting government subsidies and the crowding out of private sector lending; and
does not have a significant adverse impact on United States employment.
Source credit: (Pub. L. 115–254, div. F, title V, § 1452, Oct. 5, 2018, 132 Stat. 3509.)
- 2018Enacted · Pub. L. 115-254 · 132 Stat. 3509
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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