Title 7 — AgricultureRelease 119-73
§1738g Enterprise for the Americas environmental funds
Title 7 › Chapter CHAPTER 41— - FOOD FOR PEACE › Subchapter SUBCHAPTER VI— - ENTERPRISE FOR THE AMERICAS INITIATIVE › § 1738g
Summary
An eligible country must set up an Environmental Fund under its environmental framework agreement to receive local‑currency payments. Money in the Fund may be invested until spent, and any investment earnings can stay in the Fund; they do not have to be returned to the Commodity Credit Corporation or approved by Congress.
Full Legal Text
Title 7, §1738g
Agriculture — Source: USLM XML via OLRC
(a)An eligible country shall, under the terms of an environmental framework agreement entered into under section 1738f of this title, establish an Environmental Fund to receive payments in local currency pursuant to section 1738f(b)(1) of this title.
(b)Amounts deposited into an Environmental Fund shall be invested until disbursed. Notwithstanding any other provision of law, any return on such investment may be retained by the Environmental Fund and need not be deposited to the account of the Commodity Credit Corporation and may be retained without further appropriation by Congress.
Reference
Citations & Metadata
Citation
7 U.S.C. § 1738g
Title 7 — Agriculture
Last Updated
Apr 6, 2026
Release point: 119-73