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22 U.S.C. § 7709 — Congressional and public notification

Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 7709 — Congressional and public notification

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Stable record: federal_law:legal_authorities:record_usc_04dce09f81d67cc0905c2bc9
Source file: Laws/federal/codes/united-states-code/title-22/section-7709-congressional-and-public-notification--da4aabe399.md
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Source location: Title 22, Chapter 84, § 7709; chapter-084-millennium-challenge.md

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**(a) Congressional consultations and notifications** (1) **In general** — The Board, acting through the Chief Executive Officer, shall consult with and notify the appropriate congressional committees not later than 15 days before taking any of the actions described in paragraph (2). (2) **Actions described** — The actions described in this paragraph are— (A) providing assistance for an eligible country under [section 7708(g) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7708/g&num=0&edition=prelim); (B) commencing negotiations with an eligible country to provide assistance for— (i) a Compact under [section 7704 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7704&num=0&edition=prelim); or (ii) an agreement under [section 7715 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7715&num=0&edition=prelim); (C) signing such a Compact or agreement; and (D) terminating assistance under such a Compact or agreement. (3) **Economic justification** — Any notification relating to the intent to negotiate or sign a Compact shall include a report describing the projected economic justification for the Compact, including, as applicable— (A) the expected economic rate of return of the Compact; (B) a cost-benefit analysis of the Compact; (C) a description of the impact on beneficiary populations; (D) the likelihood that the investment will catalyze private sector investments; and (E) any other applicable economic factors that justify each project to be funded under such a Compact to the extent practicable and appropriate. (4) **Risk management plan** — Not later than 60 days before signing each concurrent Compact, as authorized under [section 7708 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7708&num=0&edition=prelim), the Board, acting through the Chief Executive Officer, shall consult with and provide to the appropriate congressional committees— (A) an assessment and, as appropriate, the identification of potential measures to mitigate risks, of— (i) the countries’ commitment to regional integration and cross-border cooperation and capacity to carry out commitments; (ii) political and policy risks, including risks that could affect country eligibility; (iii) risks associated with realizing economic returns; (iv) time and completion risks; and (v) cost and financial risks; and (B) an assessment of measures to be taken to mitigate any identified risks, including— (i) securing other potential donors to finance projects or parts of projects as needed; and (ii) partnering with regional organizations to support and oversee effective cross-border cooperation. **(b) Congressional and public notification after entering into a Compact** Not later than 10 days after entering into a Compact with an eligible country, the Board, acting through the Chief Executive Officer, shall— (1) publish the text of the Compact on the website of the Corporation; (2) provide the appropriate congressional committees with a detailed summary of the Compact and, upon request, the text of the Compact; and (3) publish in the Federal Register a detailed summary of the Compact and a notice of availability of the text of the Compact on the website of the Corporation.

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 7715 — Assistance to certain candidate countries

**(a) Authorization** The Board, acting through the Chief Executive Officer, is authorized to provide assistance to a candidate country described in subsection (b) for the purpose of assisting such country to become an eligible country. **(b) Candidate country described** A candidate country referred to in subsection (a) is a candidate country that— (1) satisfies the requirements contained in [section 7705(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7705/a&num=0&edition=prelim); and (2) demonstrates a significant commitment to meet the requirements of [section 7706(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7706/b&num=0&edition=prelim) but fails to meet such requirements (including by reason of the absence or unreliability of data). **(c) Administration** Assistance under this section may be provided through the United States Agency for International Development. **(d) Funding** (1) **Limitation** — Not more than 10 percent of the amounts made available to carry out this chapter for a fiscal year may be made available to carry out this section. (2) **Restriction relating to assistance** — None of the funds authorized to carry out the purposes of this chapter shall be available for assistance under this section to a country that does not qualify as a candidate country under [section 7705 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7705&num=0&edition=prelim) for the fiscal year during which such assistance is provided.

Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 7715

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 7708 — Millennium Challenge Compact

**(a) Compact** The Board, acting through the Chief Executive Officer of the Corporation, may provide assistance for an eligible country only if the country enters into an agreement with the United States, to be known as a “Millennium Challenge Compact”, that establishes a multi-year plan for achieving shared development objectives in furtherance of the purposes of this chapter. **(b) Elements** (1) **In general** — The Compact should take into account the national development strategy of the eligible country and shall contain— (A) the specific objectives that the country and the United States expect to achieve during the term of the Compact; (B) the responsibilities of the country and the United States in the achievement of such objectives; (C) regular benchmarks to measure, where appropriate, progress toward achieving such objectives; (D) an identification of the intended beneficiaries, disaggregated by income level, gender, and age, to the maximum extent practicable; (E) a multi-year financial plan, including the estimated amount of contributions by the Corporation and the country and proposed mechanisms to implement the plan and provide oversight, that describes how the requirements of subparagraphs (A) through (D) will be met, including identifying the role of civil society in the achievement of such requirements; (F) where appropriate, a description of the current and potential participation of other donors in the achievement of such objectives; (G) a plan to ensure appropriate fiscal accountability for the use of assistance provided under [section 7704 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7704&num=0&edition=prelim); (H) where appropriate, a process or processes for consideration of so

Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 7708

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 7704 — Authorization of assistance

**(a) Assistance** Notwithstanding any other provision of law (other than a provision of this chapter), the Board, acting through the Chief Executive Officer, is authorized to provide assistance under this section for each country that enters into a Millennium Challenge Compact with the United States pursuant to [section 7708 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7708&num=0&edition=prelim) to support policies and programs that advance the progress of the country in achieving lasting economic growth and poverty reduction and are in furtherance of the purposes of this chapter. **(b) Form of assistance** Assistance under this section may be provided in the form of grants, cooperative agreements, or contracts to or with eligible entities described in subsection (c). Assistance under this section may not be provided in the form of loans. **(c) Eligible entities** An eligible entity referred to in subsection (b) is— (1) the national government of the eligible country; (2) regional or local governmental units of the country; or (3) a nongovernmental organization or a private entity. **(d) Application** The Chief Executive Officer, in consultation with the Board and working with eligible countries selected by the Board for negotiation of Compacts, should develop and recommend procedures for considering solicited and unsolicited proposals in Compacts prior to an approval of the Compacts by the Board. **(e) Limitations** (1) **Prohibition on military assistance and training** — Assistance under this section may not include military assistance or military training for a country. (2) **Prohibition on assistance relating to United States job loss or production displacement** — Assistance under this section may not be prov

Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 7704

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 7709 — Congressional and public notification

Page 2004 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 7709 (e) Consultation During any discussions with a country for the purpose of entering into a Compact with the country, officials of the Corporation partici- pating in such discussions shall, at a minimum, consult with appropriate officials of the United States Agency for International Development, particularly with those officials responsible for the appropriate region or country on develop- ment issues related to the Compact. (f) Coordination with other donors To the maximum extent feasible, activities undertaken to achieve the objectives of the Compact shall be undertaken in coordination with the assistance activities of other donors. (g) Assistance for development of compact Notwithstanding subsection (a), the Chief Ex- ecutive Officer may enter into contracts or make grants for any eligible country for the purpose of facilitating the development and im- plementation of the Compact between the United States and the country. (h) Requirement for approval by the Board Each Compact shall be approved by the Board before the United States enters into the Com- pact. (i) Increase or extension of assistance under a Compact Not later than 15 days after making a deter- mination to increase or extend assistance under a Compact with an eligible country, the Board, acting through the Chief Executive Officer— (1) shall prepare and transmit to the appro- priate congressional committees a written re- port and justification that contains a detailed summary of the proposed increase in or exten- sion of assistance under the Compact and a copy of the full text of the amendment to the Compact; and (2) shall publish a detailed summary, full text, and justification of the proposed increase in or extensio

Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 7709

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