Title 22 — Foreign Relations and IntercourseRelease 119-73

§283z–13 Ninth Capital Increase

Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XII— - INTER-AMERICAN DEVELOPMENT BANK › § 283z–13

Last updated Apr 6, 2026|Official source

Summary

Allow the U.S. Governor of the Inter-American Development Bank to vote yes on a plan to raise the Bank’s capital by $70,000,000,000, as laid out in Resolution AG–7/10 approved July 21, 2010. Allow the U.S. Governor to take on 1,741,135 more shares for the United States, but only up to amounts Congress provides ahead of time in appropriation laws. Congress may appropriate $21,004,064,337, with $510,090,175 for paid‑in shares and $20,493,974,162 for callable shares, with no fiscal year limit.

Full Legal Text

Title 22, §283z–13

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)The United States Governor of the Bank is authorized to vote in favor of a resolution to increase the capital stock of the Bank by $70,000,000,000 as described in Resolution AG–7/10, “Report on the Ninth General Capital Increase in the resources of the Inter-American Development Bank” as approved by Governors on July 21, 2010.

(b)(1)The United States Governor of the Bank may subscribe on behalf of the United States to 1,741,135 additional shares of the capital stock of the Bank.

(2)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.

(c)(1)In order to pay for the increase in the United States subscription to the Bank under subsection (b), there are authorized to be appropriated, without fiscal year limitation, $21,004,064,337 for payment by the Secretary of the Treasury.

(2)Of the amount authorized to be appropriated under paragraph (1)—

(A)$510,090,175 shall be for paid in shares of the Bank; and

(B)$20,493,974,162 shall be for callable shares of the Bank.

Reference

Citations & Metadata

Citation

22 U.S.C. § 283z–13

Title 22 — Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73