Title 22 — Foreign Relations and IntercourseRelease 119-73
§285y Additional contribution to special funds; authorization of appropriations
Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XIV— - ASIAN DEVELOPMENT BANK › § 285y
Summary
The United States Governor of the Bank may contribute $520,000,000 to the Asian Development Fund, but any promise to do so must wait until Congress approves the needed funding. To cover that payment, up to $520,000,000 may be appropriated for the Secretary of the Treasury to pay, and the money does not expire at the end of a fiscal year.
Full Legal Text
Title 22, §285y
Foreign Relations and Intercourse — Source: USLM XML via OLRC
(a)(1)The United States Governor of the Bank is authorized to contribute on behalf of the United States $520,000,000 to the Asian Development Fund, a special fund of the Bank.
(2)Any commitment to make the contribution authorized in paragraph (1) shall be made subject to obtaining the necessary appropriations.
(b)In order to pay for the United States contribution to the Asian Development Fund provided for in this section, there are authorized to be appropriated, without fiscal year limitation, $520,000,000 for payment by the Secretary of the Treasury.
Reference
Citations & Metadata
Citation
22 U.S.C. § 285y
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73