Title 22Foreign Relations and IntercourseRelease 119-73not60

§283p Authorization for Payment of United States Contribution to Increase Fund for Special Operations; Authorization of Appropriations

Title 22 › Chapter 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter XII— INTER-AMERICAN DEVELOPMENT BANK › § 283p

Last updated Apr 5, 2026|Official source

Summary

The U.S. Governor who represents the United States at the Bank can make two yearly payments of $450,000,000 each to the Fund for Special Operations. Those payments must follow the Board of Governors’ resolution dated December 31, 1970 about increasing that Fund. Congress allows the money to be provided for those two U.S. payments. The Secretary of the Treasury may be given whatever amounts are needed, with no fiscal year limit, to pay the two $450,000,000 annual U.S. shares.

Full Legal Text

Title 22, §283p

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)The United States Governor of the Bank is authorized to pay to the Fund for Special Operations two annual installments of $450,000,000 each in accordance with and subject to the terms and conditions of the resolution adopted by the Board of Governors on December 31, 1970, concerning an increase in the resources of the Fund for Special Operations and contributions thereto.
(b)There are hereby authorized to be appropriated, without fiscal year limitation, the amounts necessary for payment by the Secretary of the Treasury of the two annual installments of $450,000,000 each for the United States share of the increase in the resources of the Fund for Special Operations of the Bank.

Reference

Citations & Metadata

Citation

22 U.S.C. § 283p

Title 22Foreign Relations and Intercourse

Last Updated

Apr 5, 2026

Release point: 119-73not60