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22 U.S.C. § 2296b — Development of infrastructure

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

22 U.S.C. § 2296b — Development of infrastructure

**(a) Purpose of programs** The purposes of programs under this section include— (1) to develop the physical infrastructure necessary for regional cooperation among the countries of the South Caucasus and Central Asia; and (2) to encourage closer economic relations and to facilitate the removal of impediments to cross-border commerce among those countries and the United States and other developed nations. **(b) Authorization for programs** To carry out the purposes of subsection (a), the following types of programs for the countries of the South Caucasus and Central Asia may be used to support the activities described in subsection (c): (1) Activities by the Export-Import Bank to complete the review process for eligibility for financing under the Export-Import Bank Act of 1945 [[12 U.S.C. 635](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section635&num=0&edition=prelim) et seq.]. (2) The provision of insurance, reinsurance, financing, or other assistance by the United States International Development Finance Corporation. (3) Assistance under [section 2421 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2421&num=0&edition=prelim) (relating to the Trade and Development Agency). **(c) Activities supported** Activities that may be supported by programs under subsection (b) include promoting actively the participation of United States companies and investors in the planning, financing, and construction of infrastructure for communications, transportation, including air transportation, and energy and trade including highways, railroads, port facilities, shipping, banking, insurance, telecommunications networks, and gas and oil pipelines.

Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2296b

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Stable record: federal_law:legal_authorities:record_usc_ed6709418df409066f78de99
Source file: Laws/federal/codes/united-states-code/title-22/section-2296b-development-of-infrastructure--6bb902d057.md
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Passage SHA-256: f20763e3d058c92b2f918976e270d46a926cb55b71899236e4a550597cb8831a

Source location: Title 22, Chapter 32, § 2296b; chapter-032-foreign-assistance.md

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**(a) Purpose of programs** The purposes of programs under this section include— (1) to develop the physical infrastructure necessary for regional cooperation among the countries of the South Caucasus and Central Asia; and (2) to encourage closer economic relations and to facilitate the removal of impediments to cross-border commerce among those countries and the United States and other developed nations. **(b) Authorization for programs** To carry out the purposes of subsection (a), the following types of programs for the countries of the South Caucasus and Central Asia may be used to support the activities described in subsection (c): (1) Activities by the Export-Import Bank to complete the review process for eligibility for financing under the Export-Import Bank Act of 1945 [[12 U.S.C. 635](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section635&num=0&edition=prelim) et seq.]. (2) The provision of insurance, reinsurance, financing, or other assistance by the United States International Development Finance Corporation. (3) Assistance under [section 2421 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2421&num=0&edition=prelim) (relating to the Trade and Development Agency). **(c) Activities supported** Activities that may be supported by programs under subsection (b) include promoting actively the participation of United States companies and investors in the planning, financing, and construction of infrastructure for communications, transportation, including air transportation, and energy and trade including highways, railroads, port facilities, shipping, banking, insurance, telecommunications networks, and gas and oil pipelines.

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

22 U.S.C. § 9681 — Applicability of certain provisions of law

Subsections (g), (l), (m), and (n) of [section 2197 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2197&num=0&edition=prelim) shall apply with respect to the Corporation to the same extent and in the same manner as such subsections applied with respect to the Overseas Private Investment Corporation on the day before October 5, 2018.

Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 9681

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

2 U.S.C. § 905 — Exempt programs and activities

**(a) Social security benefits and tier I railroad retirement benefits** Benefits payable under the old-age, survivors, and disability insurance program established under title II of the Social Security Act ([42 U.S.C. 401](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section401&num=0&edition=prelim) et seq.), and benefits payable under sections 231b and 231c 11 See References in Text note below. of title 45, shall be exempt from reduction under any order issued under this subchapter. **(b) Veterans programs** The following programs shall be exempt from reduction under any order issued under this subchapter: All programs administered by the Department of Veterans Affairs. Special benefits for certain World War II veterans (28–0401–0–1–701). **(c) Net interest** No reduction of payments for net interest (all of major functional category 900) shall be made under any order issued under this subchapter. **(d) Refundable income tax credits and certain elective payments** (1) **Refundable income tax credits** — Payments to individuals made pursuant to provisions of title 26 establishing refundable tax credits shall be exempt from reduction under any order issued under this subchapter. (2) **Certain elective payments** — Payments made to taxpayers pursuant to elections under subsection (d) of [section 48D of title 26](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section48D&num=0&edition=prelim), or amounts treated as payments which are made by taxpayers under paragraph (1) of such subsection, shall be exempt from reduction under any order issued under this subchapter. **(e) Non-defense unobligated balances** Unobligated balances of budget authority carried over from prior fiscal years, except balances in the defense categor

Source: Supplied U.S. Code snapshot — release unconfirmed · 2 U.S.C. § 905

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

22 U.S.C. § 2421 — Trade and Development Agency

**(a) Purpose** The Trade and Development Agency shall be an agency of the United States under the foreign policy guidance of the Secretary of State. The purpose of the Trade and Development Agency is to promote United States private sector participation in development projects in developing and middle-income countries, with special emphasis on economic sectors with significant United States export potential, such as energy, transportation, telecommunications, and environment. **(b) Authority to provide assistance** (1) **Authority** — The Director of the Trade and Development Agency is authorized to work with foreign countries, including those in which the United States development programs have been concluded or those not receiving assistance under subchapter I of this chapter, to carry out the purpose of this section by providing funds for feasibility studies, architectural and engineering design, and other activities related to development projects which provide opportunities for the use of United States exports. (2) **Use of funds** — Funds under this section may be used to provide support for feasibility studies for the planning, development, and management of, and procurement for, bilateral and multilateral development projects, including training activities undertaken in connection with a project, for the purpose of promoting the use of United States goods and services in such projects. Funds under this section may also be used for architectural and engineering design, including— (A) concept design, which establishes the basic technical and operational criteria for a project, such as architectural drawings for a proposed facility, evaluation of site constraints, procurement requirements, and equipment specifications; and (B) detail design, which sets fo

Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2421

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

12 U.S.C. § 635 — Powers and functions of Bank

**(a) General banking business; use of mails; publication of documents, reports, contracts, etc.; use of assets and allocated or borrowed money; payment of dividends; medium-term financing; dissemination of information; enhancement of medium-term program** (1) There is created a corporation with the name Export-Import Bank of the United States, which shall be an agency of the United States of America. The objects and purposes of the Bank shall be to aid in financing and to facilitate exports of goods and services, imports, and the exchange of commodities and services between the United States or any of its territories or insular possessions and any foreign country or the agencies or nationals of any such country, and in so doing to contribute to the employment of United States workers. The Bank’s objective in authorizing loans, guarantees, insurance, and credits shall be to contribute to maintaining or increasing employment of United States workers. In connection with and in furtherance of its objects and purposes, the bank is authorized and empowered to do a general banking business except that of circulation; to receive deposits; to purchase, discount, rediscount, sell, and negotiate, with or without its endorsement or guaranty, and to guarantee notes, drafts, checks, bills of exchange, acceptances, including bankers’ acceptances, cable transfers, and other evidences of indebtedness; to guarantee, insure, coinsure, and reinsure against political and credit risks of loss; to purchase, sell, and guarantee securities but not to purchase with its funds any stock in any other corporation except that it may acquire any such stock through the enforcement of any lien or pledge or otherwise to satisfy a previously contracted indebtedness to it; to accept bills and drafts draw

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 635

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

12 U.S.C. § 635 — Powers and functions of Bank

Page 198 TITLE 12—BANKS AND BANKING § 635 (1) an act of war, insurrection, or civil strife; or (2) an action by a foreign government or in- strumentality (whether de jure or de facto) in the country in which the branch is located; unless the member bank has expressly agreed in writing to repay the deposit under those cir- cumstances. (b) Regulations The Board and the Comptroller of the Cur- rency may jointly prescribe such regulations as they deem necessary to implement this section. (Dec. 23, 1913, ch. 6, § 25C, as added Pub. L. 103–325, title III, § 326(a), Sept. 23, 1994, 108 Stat. 2229.) Editorial Notes CODIFICATION Section was enacted as section 25C of the Federal Re- serve Act, and not as part of section 25A of that Act which comprises this subchapter. Statutory Notes and Related Subsidiaries EXISTING CLAIMS NOT AFFECTED Pub. L. 103–325, title III, § 326(c), Sept. 23, 1994, 108 Stat. 2229, provided that: ‘‘Section 25C of the Federal Reserve Act [this section] (as added by subsection (a)) shall not be applied retroactively and shall not be con- strued to affect or apply to any claim or cause of action addressed by that section arising from events or cir- cumstances that occurred before the date of enactment of this Act [Sept. 23, 1994].’’ CHAPTER 6A—EXPORT-IMPORT BANK OF THE UNITED STATES SUBCHAPTER I—GENERAL PROVISIONS Sec. 635. Powers and functions of Bank. 635a. Management of Bank. 635a–1. Export credit competition. 635a–2. Implementation of regulations and proce- dures to lessen adverse effect of loans and guarantees on industries in United States; report by United States International Trade Commission; written consideration of views of adversely affected parties. 635a–3. Export-Import Bank financing to match for- eign finan

Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 635

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

22 U.S.C. § 2296b — Development of infrastructure

Page 771 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2296b § 2296. United States assistance to promote rec- onciliation and recovery from regional con- flicts (a) Purpose of assistance The purposes of assistance under this section include— (1) the creation of the basis for reconcili- ation between belligerents; (2) the promotion of economic development in areas of the countries of the South Caucasus and Central Asia impacted by civil conflict and war; and (3) the encouragement of broad regional co- operation among countries of the South Caucasus and Central Asia that have been de- stabilized by internal conflicts. (b) Authorization for assistance (1) In general To carry out the purposes of subsection (a), the President is authorized to provide humani- tarian assistance and economic reconstruction assistance for the countries of the South Caucasus and Central Asia to support the ac- tivities described in subsection (c). (2) Definition of humanitarian assistance In this subsection, the term ‘‘humanitarian assistance’’ means assistance to meet humani- tarian needs, including needs for food, medi- cine, medical supplies and equipment, edu- cation, and clothing. (c) Activities supported Activities that may be supported by assistance under subsection (b) include— (1) providing for the humanitarian needs of victims of the conflicts; (2) facilitating the return of refugees and in- ternally displaced persons to their homes; and (3) assisting in the reconstruction of residen- tial and economic infrastructure destroyed by war. (Pub. L. 87–195, pt. I, § 499, as added Pub. L. 106–113, div. B, § 1000(a)(2) [title V, § 596(b)], Nov. 29, 1999, 113 Stat. 1535, 1501A–123.) Editorial Notes PRIOR PROVISIONS A prior section 2296, Pub. L. 87–195, pt. I, § 499,

Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 2296b

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