§290g–10 — Title 22 Foreign Relations and Intercourse | U.S. Code

Summary

The U.S. Governor to the African Development Fund may contribute $50,000,000 on behalf of the United States as an extra payment for the Fund’s first replenishment. The Treasury Secretary must begin talks with other donor countries about how much each will give and about possibly changing the Fund’s voting rules. Any pledge to pay must wait until Congress provides the appropriation, which may be up to $50,000,000 with no fiscal year limit.

Title 22, §290g–10

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)The United States Governor is authorized to contribute on behalf of the United States $50,000,000 to the African Development Fund, which would represent an additional United States contribution to the first replenishment. The Secretary of the Treasury is directed to begin discussions with other donor nations to the African Development Fund for the purpose of setting amounts and of reviewing and possibly changing the voting structure within the Fund: Provided, however, That any commitment to make such contribution shall be made subject to obtaining the necessary appropriations.

(b)In order to pay for the United States contribution to the African Development Fund provided for in this section there are authorized to be appropriated without fiscal year limitation $50,000,000 for payment by the Secretary of the Treasury.

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

A prior section 211 of Pub. L. 94–302 was classified to section 290g–9 of this title prior to repeal by Pub. L. 95–118, title VII, § 702, Oct. 3, 1977, 91 Stat. 1070.

Statutory Notes and Related Subsidiaries

Effective Date

Section effective Oct. 3, 1977, except that no funds authorized to be appropriated by this section may be available for use or obligation prior to Oct. 1, 1977, see section 1001 of Pub. L. 95–118, set out as a note under section 282i of this title.

§290g–10 Additional authorization for contribution to African Development Fund