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22 U.S.C. § 1945 — Utilization of funds for assistance in Latin America; availability for transportation of immigrants from Ryukyuan Archipelago

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

22 U.S.C. § 1945 — Utilization of funds for assistance in Latin America; availability for transportation of immigrants from Ryukyuan Archipelago

**(a)** Funds appropriated under sections 1943 and 1944 of this title may be used for assistance under sections 1942 to 1945 of this title pursuant to such provisions applicable to the furnishing of such assistance contained in any successor Act to the Mutual Security Act of 1954, as amended, as the President determines to be necessary to carry out the purposes for which such funds are appropriated. **(b)** Of the funds appropriated under [section 1943 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1943&num=0&edition=prelim) not more than $800,000 shall be available only for assisting in transporting to and settling in Latin America selected immigrants from that portion of the Ryukyuan Archipelago under United States administration.

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Source file: Laws/federal/codes/united-states-code/title-22/section-1945-utilization-of-funds-for-assistance-in-latin-america-availability-for-tr--ef5c975ceb.md
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Source location: Title 22, Chapter 24, § 1945; chapter-024-mutual-security-program.md

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

22 U.S.C. § 1754 — Foreign currencies

**(a) Availability and use** Notwithstanding [section 1306 of title 31](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section1306&num=0&edition=prelim), or any other provision of law, proceeds of sales made under section 1675p 11 See References in Text note below. of this title, shall remain available and shall be used for any of the purposes of this chapter, giving particular regard to the following purposes— (1) for providing military assistance to nations or mutual defense organizations eligible to receive assistance under this chapter; (2) for purchase of goods or services in friendly nations; (3) for loans, under applicable provisions of this chapter, to increase production of goods or services, including strategic materials, needed in any nation with which an agreement was negotiated, or in other friendly nations, with the authority to use currencies received in repayment for the purposes stated in the section or for deposit to the general account of the Treasury of the United States; (4) for developing new markets on a mutually beneficial basis; (5) for grants-in-aid to increase production for domestic needs in friendly countries; and (6) for purchasing materials for United States stockpiles. **(b) Availability to Members and employees of Congress; authorization requirements; reports** (1) (A) Notwithstanding [section 1306 of title 31](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section1306&num=0&edition=prelim), or any other provision of law— (i) local currencies owned by the United States which are in excess of the amounts reserved under [section 2362(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2362/a&num=0&edition=prelim) and of the requirements of

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

22 U.S.C. § 1942 — Development assistance in Latin America; Congressional declaration of policy

**(a)** It is the sense of the Congress that— (1) the historic, economic, political, and geographic relationships among the American Republics are unique and of special significance and, as appropriate, should be so recognized in future legislation; (2) although governmental forms differ among the American Republics, the peoples of all the Americas are dedicated to the creation and maintenance of governments which will promote individual freedom; (3) the interests of the American Republics are so interrelated that sound social and economic progress in each is of importance to all and that lack of it in any American Republic may have serious repercussions in others; (4) for the peoples of Latin America to continue to progress within the framework of our common heritage of democratic ideals, there is a compelling need for the achievement of social and economic advance adequate to meet the legitimate aspirations of the individual citizens of the countries of Latin America for a better way of life; (5) there is a need for a plan of hemispheric development, open to all American Republics which cooperate in such plan, based upon a strong production effort, the expansion of foreign trade, the creation and maintenance of internal financial stability, the growth of free economic and social institutions, and the development of economic cooperation, including all possible steps to establish and maintain equitable rates of exchange and to bring about the progressive elimination of trade barriers; (6) mindful of the advantages which the United States has enjoyed through the existence of a large domestic market with no internal trade barriers, and believing that similar advantages can accrue to all countries, it is the hope of the people of the United States that all American R

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

22 U.S.C. § 1943 — Authorization of appropriations; restrictions; reports to congressional committees

In order to carry out the purposes of [section 1942 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1942&num=0&edition=prelim), there is authorized to be appropriated to the President not to exceed $680,000,000, which shall remain available until expended, and which the President may use, subject to such further legislative provisions as may be enacted, in addition to other funds available for such purposes, on such terms and conditions as he may specify: Provided, That none of the funds made available pursuant to this section shall be used to furnish assistance to any country in Latin America being subjected to economic or diplomatic sanctions by the Organization of American States. The Secretary of State shall keep the Committee on Foreign Relations of the Senate and the Committee on Foreign Affairs of the House currently informed about plans and programs for the utilization of such funds.

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

22 U.S.C. § 2430e — Interest on new obligations

**(a) Rate of interest** New obligations issued by a beneficiary country pursuant to [section 2430c(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2430c/b&num=0&edition=prelim) shall bear interest at a concessional rate. **(b) Currency of payment; deposits** (1) **Local currency** — If the beneficiary country has entered into an Americas Framework Agreement, interest shall be paid in the local currency of the beneficiary country and deposited in an Americas Fund. Such interest shall be the property of the beneficiary country, until such time as it is disbursed pursuant to [section 2430f(d) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2430f/d&num=0&edition=prelim). Such local currencies shall be used for the purposes specified in the Americas Framework Agreement. (2) **United States dollars** — If the beneficiary country has not entered into an Americas Framework Agreement, interest shall be paid in United States dollars and deposited in the United States Government account established for interest payments of the obligations for which the new obligations were exchanged. **(c) Interest already paid** If a beneficiary country enters into an Americas Framework Agreement subsequent to the date on which interest first became due on the newly issued obligation, any interest already paid on such new obligation shall not be redeposited into the Americas Fund established for that country.

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

22 U.S.C. § 1945 — Utilization of funds for assistance in Latin

Page 485 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 1961 AMENDMENTS 1963—Pub. L. 88–205 substituted ‘‘$680,000,000’’ for ‘‘$500,000,000’’. Executive Documents DELEGATION OF FUNCTIONS For delegation of certain functions of President under this section, see Memorandum of President of the United States, May 30, 2001, 66 F.R. 30629, set out as a note under section 1942 of this title. § 1944. Reconstruction assistance in Chile; au- thorization of appropriations There is authorized to be appropriated to the President not to exceed $100,000,000, which shall remain available until expended, for use, in ad- dition to other funds available for such pur- poses, in the reconstruction and rehabilitation of Chile on such terms and conditions as the President may specify. (Pub. L. 86–735, § 3, Sept. 8, 1960, 74 Stat. 870.) Editorial Notes CODIFICATION This section was not enacted as part of the Mutual Security Act of 1954 which comprises this chapter. Executive Documents DELEGATION OF FUNCTIONS For delegation of certain functions of President under this section, see Memorandum of President of the United States, May 30, 2001, 66 F.R. 30629, set out as a note under section 1942 of this title. § 1945. Utilization of funds for assistance in Latin America; availability for transportation of immigrants from Ryukyuan Archipelago (a) Funds appropriated under sections 1943 and 1944 of this title may be used for assistance under sections 1942 to 1945 of this title pursuant to such provisions applicable to the furnishing of such assistance contained in any successor Act to the Mutual Security Act of 1954, as amended, as the President determines to be nec- essary to carry out the purposes for which such funds are appropriated. (b) Of the funds appropriated unde

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