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22 U.S.C. § 286s — Contribution to Inter-American Development Bank; authorization of appropriations
Federal law — U.S. Code and appendices · legal_authorities
**(a)** The United States Governor of the Bank is authorized on behalf of the United States to contribute to the Fund for Special Operations $70,000,000: Provided, however, That any commitment to make such contribution shall be made subject to obtaining the necessary appropriations.
**(b)** In order to pay for a portion of the increase in the United States subscription to the capital stock of the Bank provided for in [section 283z–1(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section283z–1/a&num=0&edition=prelim) and for the United States contribution to the Fund for Special Operations provided for in this section, there are authorized to be appropriated, without fiscal year limitation, for payment by the Secretary of the Treasury, (1) $274,920,799 for the United States subscription, and (2) $70,000,000 for the United States contribution to the Fund for Special Operations: Provided, however, That no funds may be made available for such contribution to the Fund for Special Operations for the fiscal year 1982.
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Source file: Laws/federal/codes/united-states-code/title-22/section-286s-contribution-to-inter-american-development-bank-authorization-of-appropr--2427b62aa1.md
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Source location: Title 22, Chapter 7, § 286s; chapter-007-international-bureaus-congresses-etc.md
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**(a)** The United States Governor of the Bank is authorized on behalf of the United States to contribute to the Fund for Special Operations $70,000,000: Provided, however, That any commitment to make such contribution shall be made subject to obtaining the necessary appropriations.
**(b)** In order to pay for a portion of the increase in the United States subscription to the capital stock of the Bank provided for in [section 283z–1(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section283z–1/a&num=0&edition=prelim) and for the United States contribution to the Fund for Special Operations provided for in this section, there are authorized to be appropriated, without fiscal year limitation, for payment by the Secretary of the Treasury, (1) $274,920,799 for the United States subscription, and (2) $70,000,000 for the United States contribution to the Fund for Special Operations: Provided, however, That no funds may be made available for such contribution to the Fund for Special Operations for the fiscal year 1982.
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Federal law — U.S. Code and appendices · legal_authorities
The President is hereby authorized (a) to accept the amendment to the articles of agreement of the International Monetary Fund (hereinafter referred to as the “Fund”), attached to the April 1968 report by the Executive Directors to the Board of Governors of the Fund, for the purpose of (i) establishing a facility based on Special Drawing Rights in the Fund and (ii) giving effect to certain modifications in the present rules and practices of the Fund, and (b) to participate in the special drawing account established by the amendment.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 290i
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Federal law — U.S. Code and appendices · legal_authorities
The Secretary of the Treasury shall instruct the United States executive director to seek to assure that no decision by the International Monetary Fund undermines or departs from United States policy regarding the comparability of treatment of public and private creditors in cases of debt rescheduling where official United States credits are involved.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 290g–21
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Federal law — U.S. Code and appendices · legal_authorities
The Secretary of the Treasury shall instruct the United States executive director on the Executive Board of the International Monetary Fund to initiate a wide consultation with the managing director of the Fund and other member country executive directors with regard to encouraging the staff of the Fund to formulate stabilization programs which, to the maximum feasible extent, foster a broader base of productive investment and employment, especially in those productive activities which are designed to meet basic human needs.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 290g–22
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Federal law — U.S. Code and appendices · legal_authorities
The United States Governor of the Fund is authorized to consent to an increase in the quota of the United States in the Fund equivalent to 4,202.5 million Special Drawing Rights, limited to such amounts as are appropriated in advance in appropriation Acts.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 290g–6
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Federal law — U.S. Code and appendices · legal_authorities
It is the sense of the Congress that in providing assistance through loans or other means to any nation, in particular El Salvador and Nicaragua, the Fund and the Bank should encourage programs which assist the private sector to create an environment which will stabilize the economy of the nation; and that the United States representatives to the Fund and the Bank shall promote the use of assistance by the Fund and the Bank to encourage such programs.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 290i–10
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Federal law — U.S. Code and appendices · legal_authorities
It is the sense of the Congress that the Secretary of the Treasury and the United States Executive Director of the Fund shall encourage member countries of the Fund to negotiate a dollar-Special Drawing Rights substitution account in which equitable burden sharing would exist among participants in the account.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 290i–7
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Federal law — U.S. Code and appendices · legal_authorities
It is the sense of the Congress that it is the policy of the United States that Taiwan (before January 1, 1979, known as the Republic of China) shall be granted appropriate membership in the Fund and that the United States Executive Director of the Fund shall so notify the Fund.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 290i–8
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Federal law — U.S. Code and appendices · legal_authorities
It is the policy of the United States that the Palestine Liberation Organization should not be given membership in the Fund or be given observer status or any other official status at any meeting sponsored by or associated with the Fund. The United States Executive Director of the Fund shall promptly notify the Fund of such policy.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 290i–9
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Federal law — U.S. Code and appendices · legal_authorities
Page 187
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 286s
international financial institution (as defined in
section 262r(c)(2) of this title) to use the voice
and vote of the United States to—
(A) oppose the provision of financial assist-
ance to any government with respect to which
the Secretary of State has made a finding de-
scribed in paragraph (3); and
(B) seek to ensure that the member coun-
tries of the institution do not engage in vol-
untary transactions involving the exchange of
Special Drawing Rights held by such a govern-
ment.
(5) WAIVER.—The President may waive para-
graphs (3) and (4) on a case-by-case basis if the
President reports to the Committee on Finan-
cial Services of the House of Representatives
and the Committee on Foreign Relations of the
Senate that the waiver is in the national inter-
est of the United States, and includes a detailed
explanation of the reasons therefor.
(Pub. L. 90–349, § 6, June 19, 1968, 82 Stat. 189;
Pub. L. 91–599, ch. 1, § 2, Dec. 30, 1970, 84 Stat.
1657; Pub. L. 94–564, § 5(3), Oct. 19, 1976, 90 Stat.
2661; Pub. L. 98–181, title I [title VIII, § 803], Nov.
30, 1983, 97 Stat. 1270; Pub. L. 118–47, div. F, title
VII, § 7071(a), (b), Mar. 23, 2024, 138 Stat. 850, 851.)
AMENDMENT OF SUBSECTION (b)
Pub. L. 118–47, div. F, title VII, § 7071(b),
Mar. 23, 2024, 138 Stat. 851, provided that, effec-
tive on the date that is 10 years after Mar. 23,
2024, paragraphs (3) to (5) of subsection (b) of
this section, as added by section 7071(a) of title
VII of div. F of Pub. L. 118–47, are repealed. See
2024 Amendment note below.
Editorial Notes
REFERENCES IN TEXT
The Bretton Woods Agreements Act, referred to in
subsec. (a), is act July 31, 1945, ch. 339, 59 Stat. 512,
which is classified principally to this
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 286s
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