Title 22, Foreign Relations and IntercourseRelease 119-110

§283z–13 Ninth Capital Increase

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

Last updated Sep 22, 2026|Official source

Summary

Authorizes the U.S. Governor at the Inter‑American Development Bank to vote for a $70,000,000,000 capital increase under Resolution AG–7/10, which Governors approved on July 21, 2010. The U.S. Governor may also subscribe for 1,741,135 extra shares on behalf of the United States, but any U.S. subscription only takes effect for amounts Congress approves ahead of time in appropriations acts. To pay for the U.S. subscription, up to $21,004,064,337 may be appropriated without a fiscal year limit for the Secretary of the Treasury to use. Of that total, $510,090,175 is for paid‑in shares and $20,493,974,162 is for callable shares.

Full Legal Text

Title 22, §283z–13

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)Vote authorized

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)Subscription authorized

(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)Limitations on authorization of appropriations

(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

Sep 22, 2026

Release point: 119-110