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

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.

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Stable record: federal_law:legal_authorities:record_usc_43d7822b05db1c7d9403617c
Source file: Laws/federal/codes/united-states-code/title-22/section-7715-assistance-to-certain-candidate-countries--6d15e213b6.md
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Source location: Title 22, Chapter 84, § 7715; chapter-084-millennium-challenge.md

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

22 U.S.C. § 7701 — Purposes

The purposes of this chapter are— (1) to provide United States assistance for global development through the Millennium Challenge Corporation, as described in [section 7703 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7703&num=0&edition=prelim); and (2) to provide such assistance in a manner that promotes economic growth and the elimination of extreme poverty and strengthens good governance, economic freedom, and investments in people.

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

22 U.S.C. § 7705 — Candidate countries

**(a) In general** A country shall be a candidate country for purposes of eligibility to receive assistance under [section 7704 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7704&num=0&edition=prelim) if— (1) the per capita income of the country in a fiscal year is equal to or less than the World Bank threshold for initiating the International Bank for Reconstruction and Development graduation process for the fiscal year; and (2) subject to subsection (b), the country is not ineligible to receive United States economic assistance under part I of the Foreign Assistance Act of 1961 ([22 U.S.C. 2151](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2151&num=0&edition=prelim) et seq.) by reason of the application of any provision of the Foreign Assistance Act of 1961 [[22 U.S.C. 2151](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2151&num=0&edition=prelim) et seq.] or any other provision of law. **(b) Rule of construction** For the purposes of determining whether a country is eligible, pursuant to subsection (a)(2), to receive assistance under [section 7704 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7704&num=0&edition=prelim), the exercise by the President, the Secretary of State, or any other officer or employee of the United States Government of any waiver or suspension of any provision of law referred to in subsection (a)(2), and notification to the appropriate congressional committees in accordance with such provision of law, shall be construed as satisfying the requirements under subsection (a). **(c) Determination by the Board** The Board shall determine whether a country is a candidate country for purposes of this s

Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 7705

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

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

**(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 au

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

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

Page 2008 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 7714 § 7714. Coordination with United States Agency for International Development (a) Requirement for coordination The Chief Executive Officer shall consult with the Administrator of the United States Agency for International Development in order to co- ordinate the activities of the Corporation with the activities of the Agency. (b) USAID programs The Administrator of the United States Agen- cy for International Development shall seek to ensure that appropriate programs of the Agency play a primary role in preparing candidate coun- tries to become eligible countries. (Pub. L. 108–199, div. D, title VI, § 615, Jan. 23, 2004, 118 Stat. 224.) § 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; and (2) demonstrates a significant commitment to meet the requirements of section 7706(b) of this title 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 Inter- national 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 ca

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