§6821 Establishment

Summary

The Secretary of the Treasury must try to make an agreement with the World Bank to set up a World Bank AIDS Trust Fund and an Advisory Board. The Secretary must work with the Administrator of USAID, other U.S. agencies, World Bank members, and other interested groups to do this. The fund will use donated money to help prevent and treat HIV/AIDS and to support health care and primary and secondary schooling for children left orphaned by the HIV/AIDS epidemic. A Board of Trustees made up of representatives from the countries that donate will run the fund. Board members must have experience in public health, disease study, health care delivery, and development. The United States will have one member on the Board, appointed by the President with Senate approval, who meets those same qualifications. That U.S. seat exists once the Secretary of the Treasury tells Congress the agreement is in effect, and the seat ends when the Trust Fund ends.