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22 U.S.C. § 2431e — Reduction of debt owed to United States as result of credits extended under title I of Food for Peace Act
Federal law — U.S. Code and appendices · legal_authorities
**(a) Authority to reduce debt**
(1) **Authority** — Notwithstanding any other provision of law, the President may reduce the amount owed to the United States (or any agency of the United States) that is outstanding as of January 14, 2019, as a result of any credits extended under title I of the Food for Peace Act ([7 U.S.C. 1701](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1701&num=0&edition=prelim) et seq.) to a country eligible for benefits from the Facility.
(2) **Authorization of appropriations**
(A) *In general* — For the cost (as defined in [section 661a(5) of title 2](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section661a/5&num=0&edition=prelim)) for the reduction of any debt pursuant to this section, there are authorized to be appropriated to the President—
(i) $25,000,000 for fiscal year 1999;
(ii) $50,000,000 for fiscal year 2000; and
(iii) $50,000,000 for fiscal year 2001.
(B) *Limitation* — The authority provided by this section shall be available only to the extent that appropriations for the cost (as defined in [section 661a(5) of title 2](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section661a/5&num=0&edition=prelim)) of the modification of any debt pursuant to this section are made in advance.
**(b) Implementation of debt reduction**
(1) **In general** — Any debt reduction pursuant to subsection (a) shall be accomplished at the direction of the Facility by the exchange of a new obligation for obligations of the type referred to in subsection (a) outstanding as of the date specified in subsection (a)(1).
(2) **Exchange of obligations**
(A) *In general* — The Facility shall notify the Commodity Credit Corporation of an agreement entered into under
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Source location: Title 22, Chapter 32, § 2431e; chapter-032-foreign-assistance.md
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**(a) Authority to reduce debt**
(1) **Authority** — Notwithstanding any other provision of law, the President may reduce the amount owed to the United States (or any agency of the United States) that is outstanding as of January 14, 2019, as a result of any credits extended under title I of the Food for Peace Act ([7 U.S.C. 1701](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1701&num=0&edition=prelim) et seq.) to a country eligible for benefits from the Facility.
(2) **Authorization of appropriations**
(A) *In general* — For the cost (as defined in [section 661a(5) of title 2](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section661a/5&num=0&edition=prelim)) for the reduction of any debt pursuant to this section, there are authorized to be appropriated to the President—
(i) $25,000,000 for fiscal year 1999;
(ii) $50,000,000 for fiscal year 2000; and
(iii) $50,000,000 for fiscal year 2001.
(B) *Limitation* — The authority provided by this section shall be available only to the extent that appropriations for the cost (as defined in [section 661a(5) of title 2](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section661a/5&num=0&edition=prelim)) of the modification of any debt pursuant to this section are made in advance.
**(b) Implementation of debt reduction**
(1) **In general** — Any debt reduction pursuant to subsection (a) shall be accomplished at the direction of the Facility by the exchange of a new obligation for obligations of the type referred to in subsection (a) outstanding as of the date specified in subsection (a)(1).
(2) **Exchange of obligations**
(A) *In general* — The Facility shall notify the Commodity Credit Corporation of an agreement entered into under paragraph (1) with an eligible country to exchange a new obligation for outstanding obligations.
(B) *Additional requirement* — At the direction of the Facility, the old obligations that are the subject of the agreement shall be canceled and a new debt obligation shall be established for the country relating to the agreement, and the Commodity Credit Corporation shall make an adjustment in its accounts to reflect the debt reduction.
**(c) Additional terms and conditions**
(1) The following additional terms and conditions shall apply to the reduction of debt under subsection (a)(1) in the same manner as such terms and conditions apply to the reduction of debt under section 604(a)(1) of the Food for Peace Act [[7 U.S.C. 1738c(a)(1)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1738c/a/1&num=0&edition=prelim)]:
(A) The provisions relating to repayment of principal under section 605 of such Act [[7 U.S.C. 1738d](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1738d&num=0&edition=prelim)].
(B) The provisions relating to interest on new obligations under section 606 of such Act [[7 U.S.C. 1738e](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1738e&num=0&edition=prelim)].
(2) In addition to the application of the provisions relating to repayment of principal under section 605 of the Food for Peace Act [[7 U.S.C. 1738d](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1738d&num=0&edition=prelim)] to the reduction of debt under subsection (a)(1) (in accordance with paragraph (1)(A) of this subsection), repayment of principal on a new obligation established under subsection (b) may be made in the local currency of the beneficiary country and deposited in the Conservation Fund of the country in the same manner as the provisions relating to payment of interest on new obligations under section 606 of such Act [[7 U.S.C. 1738e](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1738e&num=0&edition=prelim)].
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Section, act July 10, 1954, ch. 469, title III, § 310, formerly § 303, 68 Stat. 459, as amended and renumbered, which related to bartering authority of Secretary, was transferred to [section 1727g of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1727g&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1701
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Notice of negotiations** The Secretary of State and the Secretary of the Treasury shall, in every feasible instance, notify the designated congressional committees not less than 15 days prior to any formal negotiation for debt relief under this subchapter.
**(b) Transmittal of text of agreements** The Secretary of State shall transmit to the designated congressional committees a copy of the text of any agreement with any foreign government which would result in any debt relief under this subchapter no less than 30 days prior to its entry into force, together with a detailed justification of the interest of the United States in the proposed debt relief.
**(c) Annual report** The Secretary of State or the Secretary of the Treasury, as appropriate, shall submit to the designated congressional committees not later than February 1 of each year a consolidated statement of the budgetary implications of all debt relief agreements entered into force under this subchapter during the preceding fiscal year.
**(d) Designated congressional committees** As used in this section, the term “designated congressional committees” means the Committee on Agriculture and the Committee on Foreign Affairs of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Delegation by President; rules and regulations; utilization of goods and services from private enterprise, and facilities and resources of Federal agencies when not competitive with private enterprise** The President may exercise any functions conferred upon him by this chapter through such agency or officer of the United States Government as he shall direct. The head of any such agency or such officer may from time to time promulgate such rules and regulations as may be necessary to carry out such functions, and may delegate authority to perform any such functions, including, if he shall so specify, the authority successively to redelegate any of such functions to any of his subordinates. In providing technical assistance under this chapter, the head of any such agency or such officer shall utilize, to the fullest extent practicable, goods and professional and other services from private enterprise on a contract basis. In such fields as education, health, housing, or agriculture, the facilities and resources of other Federal agencies shall be utilized when such facilities are particularly or uniquely suitable for technical assistance, are not competitive with private enterprise, and can be made available without interfering unduly with domestic programs.
**(b) Eligibility of suppliers; debarment period; causes for debarment; conditions for reinstatement; periodic review** The President shall issue and enforce regulations determining the eligibility of any person to receive funds made available under this chapter. A person may be suspended under such regulations for a temporary period pending the completion of an investigation and any resulting judicial or debarment proceedings, upon cause for belief that such person or an affiliate thereof probably has undertake
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authority to reduce debt**
(1) **In general** — Notwithstanding any other provision of law, the President may reduce the amount owed to the United States or any agency of the United States, and outstanding as of January 1, 1990, as a result of any credits extended under subchapter II to a country eligible for benefits from the Facility.
(2) **Availability of appropriations** — The authorities under this section may be exercised only to the extent provided for in advance in appropriation Acts.
**(b) Limitation** A debt reduction authorized under subsection (a) shall be accomplished, at the direction of the Facility, through the exchange of a new obligation under this subchapter for obligations of the type referred to in subsection (a) outstanding as of January 1, 1990.
**(c) Exchange of obligations** The Facility shall notify the Commodity Credit Corporation of an agreement entered into under subsection (b) with an eligible country to exchange a new obligation for outstanding obligations. At the direction of the Facility, the old obligations that are the subject of the agreement may be canceled and a new debt obligation may be established for the country relating to the agreement. The Commodity Credit Corporation shall make an adjustment in its accounts to reflect a debt reduction under this section.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definition of international food security** In this section, the term “international food security” means access by any person at any time to food and nutrition that is sufficient for a healthy and productive life.
**(b) Collection of information** The Secretary of Agriculture (referred to in this section as the “Secretary”) shall compile information from appropriate mission areas of the Department of Agriculture (including the Food, Nutrition, and Consumer Services mission area) relating to the improvement of international food security.
**(c) Public availability** To benefit programs for the improvement of international food security, the Secretary shall organize the information described in subsection (b) and make the information available in a format suitable for—
(1) public education; and
(2) use by—
(A) a Federal, State, or local agency;
(B) an agency or instrumentality of the government of a foreign country;
(C) a domestic or international organization, including a domestic or international nongovernmental organization; and
(D) an intergovernmental organization.
**(d) Technical assistance** On request by an entity described in subsection (c)(2), the Secretary may provide technical assistance to the entity to implement a program for the improvement of international food security.
**(e) Program priority** In carrying out this section, the Secretary shall give priority to programs relating to the development of food and nutrition safety net systems with a focus on food insecure countries.
**(f) Authorization of appropriations** There is authorized to be appropriated to carry out this section $1,000,000 for each of fiscal years 2019 through 2023.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definitions** In this section:
(1) **Agricultural commodity** — The term “agricultural commodity” has the meaning given the term in [section 5602 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section5602&num=0&edition=prelim).
(2) **Geographically disadvantaged farmer or rancher** — The term “geographically disadvantaged farmer or rancher” has the meaning given the term in section 10906(a) of the Farm Security and Rural Investment Act of 2002 ([7 U.S.C. 2204](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2204&num=0&edition=prelim) note; Public Law 107–171).
**(b) Authorization** Subject to the availability of funds under subsection (d), the Secretary may provide geographically disadvantaged farmers or ranchers direct reimbursement payments for activities described in subsection (c).
**(c) Transportation**
(1) **In general** — Subject to paragraphs (2) and (3), the Secretary may provide direct reimbursement payments to a geographically disadvantaged farmer or rancher to transport an agricultural commodity, or inputs used to produce an agricultural commodity, during a fiscal year.
(2) **Proof of eligibility** — To be eligible to receive assistance under paragraph (1), a geographically disadvantaged farmer or rancher shall demonstrate to the Secretary that transportation of the agricultural commodity or inputs occurred over a distance of more than 30 miles, as determined by the Secretary.
(3) **Amount**
(A) *In general* — Subject to paragraph (2), the amount of direct reimbursement payments made to a geographically disadvantaged farmer or rancher under this section for a fiscal year shall equal the product obtained by multiplying—
(i) the amount of costs incurred by the geographically di
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Requirements** To be eligible for benefits from the Facility under this subchapter, a country shall—
(1) be a Latin American or Caribbean country;
(2) have in effect or have received approval for, or, as appropriate in exceptional circumstances, be making significant progress towards the establishment of—
(A) an International Monetary Fund (hereafter referred to in this subchapter as the “IMF”) standby arrangement, extended IMF arrangement, or an arrangement under the structural adjustment facility or enhanced structural adjustment facility, or in exceptional circumstances, an IMF-monitored program or its equivalent; and
(B) as appropriate, structural or sectoral adjustment loans from the International Bank for Reconstruction and Development (hereafter referred to in this subchapter as the “World Bank”) or the International Development Association (hereafter referred to in this subchapter as the “IDA”);
(3) have placed into effect major investment reforms in conjunction with an Inter-American Development Bank (hereafter referred to as the “IDB”) loan or otherwise be implementing, or making significant progress towards an open investment regime; and
(4) if appropriate, have agreed with its commercial bank lenders on a satisfactory financing program, including, as appropriate, debt or debt service reduction.
**(b) Eligibility determination** The President shall determine whether a country is an eligible country for purposes of subsection (a).
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authority to reduce debt**
(1) **Authority** — The President may reduce the amount owed to the United States (or any agency of the United States) that is outstanding as of January 1, 1998, as a result of concessional loans made to an eligible country by the United States under subchapter I of this chapter, part IV of subchapter II of this chapter, or predecessor foreign economic assistance legislation.
(2) **Authorization of appropriations** — For the cost (as defined in [section 661a(5) of title 2](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section661a/5&num=0&edition=prelim)) for the reduction of any debt pursuant to this section, there are authorized to be appropriated to the President—
(A) $25,000,000 for fiscal year 1999;
(B) $75,000,000 for fiscal year 2000; and
(C) $100,000,000 for fiscal year 2001.
(3) **Certain prohibitions inapplicable**
(A) *In general* — A reduction of debt pursuant to this section shall not be considered assistance for purposes of any provision of law limiting assistance to a country.
(B) *Additional requirement* — The authority of this section may be exercised notwithstanding [section 2370(r) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2370/r&num=0&edition=prelim) or section 321 of the International Development and Food Assistance Act of 1975.
**(b) Implementation of debt reduction**
(1) **In general** — Any debt reduction pursuant to subsection (a) shall be accomplished at the direction of the Facility by the exchange of a new obligation for obligations of the type referred to in subsection (a) outstanding as of the date specified in subsection (a)(1).
(2) **Exchange of obligations**
(A) *In general* — The Facility shall notify the agency
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2431d
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Federal law — U.S. Code and appendices · legal_authorities
Page 954
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 2431e
this section or section 2431e of this title, there
are authorized to be appropriated to the Presi-
dent the following:
(1) $50,000,000 for fiscal year 2002.
(2) $75,000,000 for fiscal year 2003.
(3) $100,000,000 for fiscal year 2004.
(4) $20,000,000 for fiscal year 2005.
(5) $25,000,000 for fiscal year 2006.
(6) $30,000,000 for fiscal year 2007.
(7) $20,000,000 for fiscal year 2019.
(8) $20,000,000 for fiscal year 2020.
(9) $20,000,000 for fiscal year 2023.
(10) $20,000,000 for fiscal year 2024.
(11) $20,000,000 for fiscal year 2025.
(12) $20,000,000 for fiscal year 2026.
(13) $20,000,000 for fiscal year 2027.
(e) Use of funds to conduct program audits, eval-
uations, monitoring, and administration
Of the amounts made available to carry out
this subchapter for a fiscal year, $300,000 is au-
thorized to be made available to carry out au-
dits, evaluations, monitoring, and administra-
tion of programs under this subchapter, includ-
ing personnel costs associated with such audits,
evaluations, monitoring and administration.
(Pub. L. 87–195, pt. V, § 806, as added Pub. L.
105–214, § 1, July 29, 1998, 112 Stat. 887; amended
Pub. L. 107–26, § 2(a), Aug. 17, 2001, 115 Stat. 206;
Pub. L. 108–323, §§ 1–3(a), Oct. 6, 2004, 118 Stat.
1218; Pub. L. 115–440, §§ 9(b)(2), 11, Jan. 14, 2019,
132 Stat. 5584; Pub. L. 117–263, div. E, title LV,
§ 5587, Dec. 23, 2022, 136 Stat. 3375.)
Editorial Notes
REFERENCES IN TEXT
This chapter, referred to in section catchline, was in
the original ‘‘the Foreign Assistance Act of 1961’’,
meaning Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424, which
is classified principally to this chapter (§ 2151 et seq.).
For complete classification of the Act to the Code, see
S
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 2431e
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Federal law — U.S. Code and appendices · legal_authorities
Page 960
TITLE 7—AGRICULTURE
§ 1701
come or resources under provisions of other laws; avail-
ability of surplus foods for distribution; definition of
needy person; report to Congress; and authorization of
appropriations. See Supplemental Nutrition Assistance
Program classified to chapter 51 of this title.
Section 1696, act July 10, 1954, ch. 469, title III, § 307,
as added Sept. 21, 1959, Pub. L. 86–341, title I, § 12, 73
Stat. 609, provided for availability of surplus commod-
ities for distribution to needy families and persons in
United States. See Supplemental Nutrition Assistance
Program classified to chapter 51 of this title and provi-
sions of section 1721 et seq. of this title relating to do-
nations of food on a government-to-government basis
and through voluntary organizations.
Section 1697, act July 10, 1954, ch. 469, title III, § 308,
as added Sept. 21, 1959, Pub. L. 86–341, title I, § 13, 73
Stat. 609; amended Sept. 27, 1962, Pub. L. 87–703, title II,
§ 203, 76 Stat. 611, related to disposal of animal fats and
edible oils. See section 1721 et seq. of this title.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF REPEAL
Repeal effective Jan. 1, 1967, see section 5 of Pub. L.
89–808, set out as an Effective Date of 1966 Amendment
note under section 1691 of this title.
SUBCHAPTER II—ECONOMIC ASSISTANCE
AND FOOD SECURITY
§ 1701. Economic assistance and food security
(a) In general
The President shall establish a program under
this subchapter to provide for the sale of agri-
cultural commodities to developing countries
and private entities for dollars on credit terms,
or for local currencies (including for local cur-
rencies on credit terms) for use under this sub-
chapter. Such program shall be implemented by
the Secretary.
(b)
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 1701
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