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22 U.S.C. § 278b — Annual report by Chairman of National Advisory Council on International Monetary and Financial Policies
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Chairman shall report annually to the Speaker of the House of Representatives, the President of the Senate, and to the President of the United States on the participation of the United States in the international financial institutions. The Chairman shall present such report to the Speaker of the House of Representatives and the President of the Senate not later than April 1 of each year following the close of the fiscal year covered by such report, except that the report for fiscal year 1989 shall be submitted not later than June 1, 1990.
**(b) Contents of reports** Each annual report required by subsection (a) shall contain—
(1) such data and explanations concerning the effectiveness, operations, and policies of the international financial institutions, such recommendations concerning the international financial institutions, and such other data and material as the Chairman may deem appropriate;
(2) the reports on each specific issue and topic which is required by any other provision of law to be included in the report of the National Advisory Council on International Monetary and Financial Policies required by [section 286b(b)(5) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section286b/b/5&num=0&edition=prelim), as in effect immediately before December 19, 1989;
(3) a description of each loan or other form of financial assistance approved by any international financial institution during the fiscal year covered by such report, and a discussion of how such loan or financial assistance will benefit the people, particularly the poor people, of the recipient country;
(4) a review of the success achieved through the multilateral development banks in reducing or eliminating import restrictions and unfair ex
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Stable record: federal_law:legal_authorities:record_usc_f79e112800248f8465b5b6dc
Source file: Laws/federal/codes/united-states-code/title-22/section-278b-annual-report-by-chairman-of-national-advisory-council-on-international--639fef5fb3.md
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Source location: Title 22, Chapter 7, § 278b; chapter-007-international-bureaus-congresses-etc.md
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**(a) In general** The Chairman shall report annually to the Speaker of the House of Representatives, the President of the Senate, and to the President of the United States on the participation of the United States in the international financial institutions. The Chairman shall present such report to the Speaker of the House of Representatives and the President of the Senate not later than April 1 of each year following the close of the fiscal year covered by such report, except that the report for fiscal year 1989 shall be submitted not later than June 1, 1990.
**(b) Contents of reports** Each annual report required by subsection (a) shall contain—
(1) such data and explanations concerning the effectiveness, operations, and policies of the international financial institutions, such recommendations concerning the international financial institutions, and such other data and material as the Chairman may deem appropriate;
(2) the reports on each specific issue and topic which is required by any other provision of law to be included in the report of the National Advisory Council on International Monetary and Financial Policies required by [section 286b(b)(5) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section286b/b/5&num=0&edition=prelim), as in effect immediately before December 19, 1989;
(3) a description of each loan or other form of financial assistance approved by any international financial institution during the fiscal year covered by such report, and a discussion of how such loan or financial assistance will benefit the people, particularly the poor people, of the recipient country;
(4) a review of the success achieved through the multilateral development banks in reducing or eliminating import restrictions and unfair export subsidies which—
(A) have been determined to be consistent with international agreements; and
(B) have a serious adverse impact on the United States;
(5) a description of the actions taken and the progress made in carrying out subsections (a) and (b) of [section 286cc of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section286cc&num=0&edition=prelim);
(6) the report required by section 2018(c) of the International Narcotics Act of 1986 (title II of Public Law 99–570), discussing the actions taken and progress made in encouraging the multilateral development banks to finance drug eradication and crop substitution programs;
(7) a description of the progress made by the United States Executive Director of the International Monetary Fund with respect to the goals of [section 286kk of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section286kk&num=0&edition=prelim);
(8) a description of the status of procedures in the multilateral development banks specifically designed to increase the productive role of the poor in the economies of the nations which are borrowers from such banks;
(9) in consultation with the Secretary of State, a report on the progress toward achieving the goals of title VII (other than [section 262e of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section262e&num=0&edition=prelim)), including the information required to be reported pursuant to section 262d(c) 11 See References in Text note below. of this title, and, for the fiscal year 1990, the report described in [section 262p–4h of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section262p-4h&num=0&edition=prelim);
(10) in consultation with the Secretary of State and the Administrator of the Agency for International Development, an assessment of the progress being made to implement the objectives of title XIII; and
(11) a report on—
(A) the progress made in transforming government-owned enterprises into privately owned enterprises as described in [section 262p–4g(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section262p–4g/b&num=0&edition=prelim);
(B) the performance of the privately owned enterprises resulting from such transformation; and
(C) the contributions of development finance companies toward strengthening the private sector in member borrowing countries.
**(c) Definitions** As used in this title, title XVIII, and title XIX:
(1) **Chairman** — The term “Chairman” means the Chairman of the National Advisory Council on International Monetary and Financial Policies.
(2) **International financial institutions** — The term “international financial institutions” means the International Monetary Fund, International Bank for Reconstruction and Development, European Bank for Reconstruction and Development, International Development Association, International Finance Corporation, Multilateral Investment Guarantee Agency, African Development Bank, African Development Fund, Asian Development Bank, Inter-American Development Bank 22 So in original. Probably should be followed by a comma. Bank for Economic Cooperation and Development in the Middle East and North Africa,,33 So in original. and Inter-American Investment Corporation.
(3) **Multilateral development institutions** — The term “multilateral development institutions” means the international financial institutions other than the International Monetary Fund.
(4) **Multilateral development banks** — The term “multilateral development banks” means the multilateral development institutions other than the Multilateral Investment Guarantee Agency.
**(d) Testimony required** Upon request of the Committee on Banking, Finance and Urban Affairs of the House of Representatives, the Chairman shall testify before the Committee to support and explain each annual report required by subsection (a). If the President has delegated to a person or persons other than the Chairman the authority to manage United States participation in the international financial institutions which was vested in the President by section 1(b) of the Reorganization Plan No. 4 of 1965, such person or persons shall, upon request of the Committee, accompany the Chairman and testify before the Committee with regard to such report. The Chairman and such other person or persons shall assess, in their testimony, the effectiveness of the international financial institutions, the major issues affecting United States participation, the major developments in the past year, the prospects for the coming year, United States policy goals with respect to the international financial institutions, and any specific issues addressed to them by any member of the Committee.
**(e) Advisory Committee on IMF policy**
(1) **In general** — The Secretary of the Treasury should establish an International Monetary Fund Advisory Committee (in this subsection referred to as the “Advisory Committee”).
(2) **Membership** — The Advisory Committee should consist of members appointed by the Secretary of the Treasury, after appropriate consultations with the relevant organizations. Such members should include representatives from industry, representatives from agriculture, representatives from organized labor, representatives from banking and financial services, and representatives from nongovernmental environmental and human rights organizations.
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Federal law — U.S. Code and appendices · legal_authorities
For the purposes of any civil action which may be brought within the United States, its territories or possessions, or the Commonwealth of Puerto Rico, by or against the Bank in accordance with the agreement, the Bank shall be deemed to be an inhabitant of the Federal judicial district in which its principal office within the United States or its agent appointed for the purpose of accepting service or notice of service is located, and any such action to which the Bank shall be a party shall be deemed to arise under the laws of the United States, and the district courts of the United States, including the courts enumerated in [section 460 of title 28](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title28-section460&num=0&edition=prelim), shall have original jurisdiction of any such action. When the Bank is defendant in any action in a State court, it may at any time before the trial thereof remove the action into the appropriate district court of the United States by following the procedure for removal provided in [section 1446 of title 28](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title28-section1446&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 262r
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Federal law — U.S. Code and appendices · legal_authorities
For the purposes of any civil action which may be brought within the United States, its territories or possessions, or the Commonwealth of Puerto Rico, by or against the Corporation in accordance with the agreement, the Corporation shall be deemed to be an inhabitant of the Federal judicial district in which its principal office within the United States or its agent appointed for the purpose of accepting service or notice of service is located, and any such action to which the Corporation shall be a party shall be deemed to arise under the laws of the United States, and the district courts of the United States, including the courts enumerated in [section 460 of title 28](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title28-section460&num=0&edition=prelim), shall have original jurisdiction of any such action. When the Corporation is a defendant in any action in a State court, it may at any time before the trial thereof remove the action into the appropriate district court of the United States by following the procedure for removal provided in [section 1446 of title 28](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title28-section1446&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 286kk
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Vote authorized** In accordance with [section 283c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section283c&num=0&edition=prelim), the United States Governor of the Bank is authorized to vote in favor of a resolution to increase the resources of the Fund for Special Operations up to $479,000,000, in furtherance of providing debt relief for Haiti in view of the Cancun Declaration of March 21, 2010, which provides that:
(1) Haiti’s debts to the Fund for Special Operations are to be cancelled;
(2) Haiti’s remaining local currency conversion obligations to the Fund for Special Operations are to be cancelled;
(3) undisbursed balances of existing loans of the Fund for Special Operations to Haiti are to be converted to grants; and
(4) the Fund for Special Operations is to make available significant and immediate grant financing to Haiti as well as appropriate resources to other countries remaining as borrowers within the Fund for Special Operations, consistent with paragraph 6 of the Cancun Declaration of March 21, 2010.
**(b) Contribution authority** To the extent and in the amount provided in advance in appropriations Acts the United States Governor of the Bank may, on behalf of the United States and in accordance with [section 283c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section283c&num=0&edition=prelim), contribute up to $252,000,000 to the Fund for Special Operations, which will provide for debt relief of:
(1) up to $240,000,000 to the Fund for Special Operations;
(2) up to $8,000,000 to the International Fund For Agricultural Development (IFAD); and
(3) up to $4,000,000 for the International Development Association (IDA).
**(c) Authorization of appropriations** To pay for th
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 286cc
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Policy and general authorities**
(1) **Statements of policy**
(A) International narcotics trafficking poses an unparalleled transnational threat in today’s world, and its suppression is among the most important foreign policy objectives of the United States.
(B) Under the Single Convention on Narcotic Drugs, 1961, and under the United Nations Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances, the parties are required to criminalize certain drug-related activities, provide appropriately severe penalties, and cooperate in the extradition of accused offenders.
(C) International narcotics control programs should include, as priority goals, the suppression of the illicit manufacture of and trafficking in narcotic and psychotropic drugs, money laundering, and precursor chemical diversion, and the progressive elimination of the illicit cultivation of the crops from which narcotic and psychotropic drugs are derived.
(D) International criminal activities, particularly international narcotics trafficking, money laundering, and corruption, endanger political and economic stability and democratic development, and assistance for the prevention and suppression of international criminal activities should be a priority for the United States.
(E) The international community should provide assistance, where appropriate, to those producer and transit countries which require assistance in discharging these primary obligations.
(F) The objective of the United States in dealing with the problem of international money laundering is to ensure that countries adopt comprehensive domestic measures against money laundering and cooperate with each other in narcotics money laundering investigations, prosecutions, and related forfeiture actions.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2291
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Federal law — U.S. Code and appendices · legal_authorities
The oath of office shall be administered by the President of the Senate to each Senator who shall be elected, previous to his taking his seat.
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Federal law — U.S. Code and appendices · legal_authorities
Immediately after taking office and prior to the issuance by the Agency of its first guarantee, the United States Director of the Agency shall propose and actively seek the adoption by the Board of Directors of policies and procedures under which the Agency will not issue guarantees in respect of any proposed investment that would—
(1) be in any country which has not taken or is not taking steps to afford internationally recognized workers’ rights to workers in that country;
(2) be subject to trade-distorting performance requirements imposed by the host country that are likely to result in a significant net reduction in—
(A) employment in the United States or other member countries; or
(B) other trade benefits likely to accrue to the United States or other member countries from the investment; or
(3) increase a country’s productive capacity in an industry already facing excess worldwide capacity for the same, similar or competing product, and cause substantial injury to producers of such product in another member country.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 262t
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, act Sept. 3, 1949, ch. 532, § 1, 63 Stat. 685, related to contract authorizations.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 286
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Federal law — U.S. Code and appendices · legal_authorities
There is hereby authorized to be appropriated annually to the Department of State, out of any money in the Treasury not otherwise appropriated such sums as may be necessary for the payment by the United States of its share of the expenses of the Organization as apportioned by the General Conference of the Organization in accordance with article IX of the constitution of the Organization, and such additional sums as may be necessary to pay the expenses of participation by the United States in the activities of the Organization, including: (a) salaries of the representatives provided for in [section 287n of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section287n&num=0&edition=prelim), of their appropriate staffs, and of members of the secretariat of the National Commission provided for in section 287o of this title, including personal services in the District of Columbia and elsewhere, without regard to the civil-service laws and chapter 51 and subchapter III of chapter 53 of title 5; (b) travel expenses without regard to the Standardized Government Travel Regulations, as amended, the Subsistence Expense Act of 1926, as amended, and [section 5731 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5731&num=0&edition=prelim), and, under such rules and regulations as the Secretary of State may prescribe, travel expenses of families and transportation of effects of United States representatives and other personnel in going to and returning from their post of duty; (c) allowances for living quarters, including heat, fuel, and light, as authorized by [section 5912 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5912&num=0&edition=prelim); (d) cost of living allowances
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 261
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Federal law — U.S. Code and appendices · legal_authorities
Pursuant to regulations prescribed by the Commissioner of U.S. Customs and Border Protection with the approval of the Secretary of the Treasury, the baggage and effects of alien officers and employees of international organizations, or of aliens designated by foreign governments to serve as their representatives in or to such organizations, or of the families, suites, and servants of such officers, employees, or representatives shall be admitted (when imported in connection with the arrival of the owner) free of customs duties and free of internal-revenue taxes imposed upon or by reason of importation.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 262c
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Notification to and acceptance by Secretary of State of personnel** No person shall be entitled to the benefits of this subchapter, unless he (1) shall have been duly notified to and accepted by the Secretary of State as a representative, officer, or employee; or (2) shall have been designated by the Secretary of State, prior to formal notification and acceptance, as a prospective representative, officer, or employee; or (3) is a member of the family or suite, or servant, of one of the foregoing accepted or designated representatives, officers, or employees.
**(b) Deportation of undesirables** Should the Secretary of State determine that the continued presence in the United States of any person entitled to the benefits of this subchapter is not desirable, he shall so inform the foreign government or international organization concerned, as the case may be, and after such person shall have had a reasonable length of time, to be determined by the Secretary of State, to depart from the United States, he shall cease to be entitled to such benefits.
**(c) Extent of diplomatic status** No person shall, by reason of the provisions of this subchapter, be considered as receiving diplomatic status or as receiving any of the privileges incident thereto other than such as are specifically set forth herein.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 262e
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