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22 U.S.C. § 262h — Opposition by United States Executive Di-

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22 U.S.C. § 262h — Opposition by United States Executive Di-

Page 41 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 262h with respect to any international negotiations being held to consider future replenishments or capital expansions of any multilateral develop- ment bank which may involve an increased con- tribution or subscription by the United States. Such consultation shall be made (A) not later than 30 days before the initiation of such inter- national negotiations, (B) during the period in which such negotiations are being held, in a fre- quent and timely manner, and (C) before a ses- sion of such negotiations is held at which the United States representatives may agree to such a replenishment or capital expansion. (Pub. L. 95–118, title XII, § 1201, as added Pub. L. 97–35, title XIII, § 1361(b), Aug. 13, 1981, 95 Stat. 746.) Statutory Notes and Related Subsidiaries CHANGE OF NAME Committee on Banking, Finance and Urban Affairs of House of Representatives treated as referring to Com- mittee on Banking and Financial Services of House of Representatives by section 1(a) of Pub. L. 104–14, set out as a note preceding section 21 of Title 2, The Con- gress. Committee on Banking and Financial Services of House of Representatives abolished and replaced by Committee on Financial Services of House of Rep- resentatives, and jurisdiction over matters relating to securities and exchanges and insurance generally trans- ferred from Committee on Energy and Commerce of House of Representatives by House Resolution No. 5, One Hundred Seventh Congress, Jan. 3, 2001. EFFECTIVE DATE Section effective Aug. 13, 1981, see section 1372 of Pub. L. 97–35, set out as a note under section 290i of this title. § 262h. Opposition by United States Executive Di- rectors of international financial institutions to assistance for produ

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Page 41 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 262h with respect to any international negotiations being held to consider future replenishments or capital expansions of any multilateral develop- ment bank which may involve an increased con- tribution or subscription by the United States. Such consultation shall be made (A) not later than 30 days before the initiation of such inter- national negotiations, (B) during the period in which such negotiations are being held, in a fre- quent and timely manner, and (C) before a ses- sion of such negotiations is held at which the United States representatives may agree to such a replenishment or capital expansion. (Pub. L. 95–118, title XII, § 1201, as added Pub. L. 97–35, title XIII, § 1361(b), Aug. 13, 1981, 95 Stat. 746.) Statutory Notes and Related Subsidiaries CHANGE OF NAME Committee on Banking, Finance and Urban Affairs of House of Representatives treated as referring to Com- mittee on Banking and Financial Services of House of Representatives by section 1(a) of Pub. L. 104–14, set out as a note preceding section 21 of Title 2, The Con- gress. Committee on Banking and Financial Services of House of Representatives abolished and replaced by Committee on Financial Services of House of Rep- resentatives, and jurisdiction over matters relating to securities and exchanges and insurance generally trans- ferred from Committee on Energy and Commerce of House of Representatives by House Resolution No. 5, One Hundred Seventh Congress, Jan. 3, 2001. EFFECTIVE DATE Section effective Aug. 13, 1981, see section 1372 of Pub. L. 97–35, set out as a note under section 290i of this title. § 262h. Opposition by United States Executive Di- rectors of international financial institutions to assistance for production or extraction of export commodities or minerals in surplus on world markets The Secretary of the Treasury shall instruct the United States Executive Directors of the International Bank for Reconstruction and De- velopment, the International Development Asso- ciation, the International Finance Corporation, the Inter-American Development Bank, the International Monetary Fund, the Asian Devel- opment Bank, the Inter-American Investment Corporation, the African Development Bank, and the African Development Fund to use the voice and vote of the United States to oppose any assistance by such institutions, using funds appropriated or otherwise made available pursu- ant to any provision of law, for the production or extraction of any commodity or mineral for export, if— (1) such commodity or mineral, as the case may be, is in surplus on world markets; and (2) the export of such commodity or mineral, as the case may be, would cause substantial injury to the United States producers of the same, similar, or competing commodity or mineral. (Pub. L. 99–472, § 22, Oct. 15, 1986, 100 Stat. 1210.) Statutory Notes and Related Subsidiaries SIMILAR PROVISIONS Pub. L. 118–47, div. F, title VII, § 7025(c), Mar. 23, 2024, 138 Stat. 775, provided that: ‘‘The Secretary of the Treasury shall instruct the United States executive di- rector of each international financial institution to use the voice and vote of the United States to oppose any assistance by such institution, using funds appro- priated or otherwise made available by this Act [div. F of Pub. L. 118–47, 138 Stat. 729, see Tables for classifica- tion], for the production or extraction of any com- modity or mineral for export, if it is in surplus on world markets and if the assistance will cause substan- tial injury to United States producers of the same, similar, or competing commodity.’’ Similar provisions were contained in the following appropriation acts: Pub. L. 117–328, div. K, title VII, § 7025(c), Dec. 29, 2022, 136 Stat. 5018. Pub. L. 117–103, div. K, title VII, § 7025(c), Mar. 15, 2022, 136 Stat. 609. Pub. L. 116–260, div. K, title VII, § 7025(c), Dec. 27, 2020, 134 Stat. 1736. Pub. L. 116–94, div. G, title VII, § 7025(c), Dec. 20, 2019, 133 Stat. 2859. Pub. L. 116–6, div. F, title VII, § 7025(c), Feb. 15, 2019, 133 Stat. 312. Pub. L. 115–141, div. K, title VII, § 7025(c), Mar. 23, 2018, 132 Stat. 877. Pub. L. 115–31, div. J, title VII, § 7025(c), May 5, 2017, 131 Stat. 633. Pub. L. 114–113, div. K, title VII, § 7025(c), Dec. 18, 2015, 129 Stat. 2748. Pub. L. 113–235, div. J, title VII, § 7025(c), Dec. 16, 2014, 128 Stat. 2614. Pub. L. 113–76, div. K, title VII, § 7025(c), Jan. 17, 2014, 128 Stat. 504. Pub. L. 112–74, div. I, title VII, § 7025(c), Dec. 23, 2011, 125 Stat. 1206. Pub. L. 111–117, div. F, title VII, § 7026(c), Dec. 16, 2009, 123 Stat. 3354. Pub. L. 111–8, div. H, title VII, § 7026(c), Mar. 11, 2009, 123 Stat. 871. Pub. L. 110–161, div. J, title VI, § 614, Dec. 26, 2007, 121 Stat. 2318. Pub. L. 109–102, title V, § 514, Nov. 14, 2005, 119 Stat. 2200. Pub. L. 108–447, div. D, title V, § 514, Dec. 8, 2004, 118 Stat. 2995. Pub. L. 108–199, div. D, title V, § 514, Jan. 23, 2004, 118 Stat. 171. Pub. L. 108–7, div. E, title V, § 514, Feb. 20, 2003, 117 Stat. 184. Pub. L. 107–115, title V, § 514, Jan. 10, 2002, 115 Stat. 2142. Pub. L. 106–429, § 101(a) [title V, § 514], Nov. 6, 2000, 114 Stat. 1900, 1900A–25. Pub. L. 106–113, div. B, § 1000(a)(2) [title V, § 514], Nov. 29, 1999, 113 Stat. 1535, 1501A–85. Pub. L. 105–277, div. A, § 101(d) [title V, § 514(a)], Oct. 21, 1998, 112 Stat. 2681–150, 2681–173. Pub. L. 105–118, title V, § 514, Nov. 26, 1997, 111 Stat. 2409. Pub. L. 104–208, div. A, title I, § 101(c) [title V, § 514], Sept. 30, 1996, 110 Stat. 3009–121, 3009–143. Pub. L. 104–107, title V, § 514, Feb. 12, 1996, 110 Stat. 725. Pub. L. 103–306, title V, § 514, Aug. 23, 1994, 108 Stat. 1628. Pub. L. 103–87, title V, § 514, Sept. 30, 1993, 107 Stat. 948. Pub. L. 102–391, title V, § 521, Oct. 6, 1992, 106 Stat. 1661. Pub. L. 101–513, title V, § 522, Nov. 5, 1990, 104 Stat. 2007. Pub. L. 101–167, title V, § 522, Nov. 21, 1989, 103 Stat. 1221. Pub. L. 100–461, title V, § 522, Oct. 1, 1988, 102 Stat. 2268–25. Pub. L. 100–202, § 101(e) [title V, § 522], Dec. 22, 1987, 101 Stat. 1329–131, 1329–157. Pub. L. 99–500, § 101(f) [title V, § 522], Oct. 18, 1986, 100 Stat. 1783–213, 1783–229, and Pub. L. 99–591, § 101(f) [title V, § 522], Oct. 30, 1986, 100 Stat. 3341–214, 3341–229. Page 42 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 262i Pub. L. 99–190, § 101(i) [title V, § 523], Dec. 19, 1985, 99 Stat. 1291, 1306. Pub. L. 98–473, title I, § 101(1) [title V, § 524], Oct. 12, 1984, 98 Stat. 1884, 1899. Pub. L. 98–151, § 101(b)(1) [incorporating Pub. L. 97–121, title V, § 522], Nov. 14, 1983, 97 Stat. 964. Pub. L. 97–377, title I, § 101(b)(1) [incorporating Pub. L. 97–121, title V, § 522], Dec. 21, 1982, 96 Stat. 1831. Pub. L. 97–121, title V, § 522, Dec. 29, 1981, 95 Stat. 1656. Pub. L. 96–536, § 101(b) [H.J. Res. 637, § 101(b); H.R. 4473, title V, § 522A], Dec. 16, 1980, 94 Stat. 3167. Pub. L. 96–123, § 101(a) [incorporating Pub. L. 95–481, title VI, § 609], Nov. 20, 1979, 93 Stat. 923. Pub. L. 95–481, title VI, § 609, Oct. 18, 1978, 92 Stat. 1601. DEFINITION OF ‘‘INTERNATIONAL FINANCIAL INSTITUTIONS’’ Pub. L. 118–47, div. F, title VII, § 7034(s)(3), Mar. 23, 2024, 138 Stat. 793, provided that: ‘‘In this Act [div. F of Pub. L. 118–47, 138 Stat. 729, see Tables for classifica- tion] ‘international financial institutions’ means the International Bank for Reconstruction and Develop- ment, the International Development Association, the International Finance Corporation, the Inter-American Development Bank, the International Monetary Fund, the International Fund for Agricultural Development, the Asian Development Bank, the Asian Development Fund, the Inter-American Investment Corporation, the North American Development Bank, the European Bank for Reconstruction and Development, the African Development Bank, the African Development Fund, and the Multilateral Investment Guarantee Agency.’’ Similar provisions were contained in the following appropriation acts: Pub. L. 117–328, div. K, title VII, § 7034(s)(3), Dec. 29, 2022, 136 Stat. 5035. Pub. L. 117–103, div. K, title VII, § 7034(t)(3), Mar. 15, 2022, 136 Stat. 626. Pub. L. 116–260, div. K, title VII, § 7034(q)(3), Dec. 27, 2020, 134 Stat. 1754. Pub. L. 116–94, div. G, title VII, § 7034(r)(3), Dec. 20, 2019, 133 Stat. 2875. Pub. L. 116–6, div. F, title VII, § 7034(r)(3), Feb. 15, 2019, 133 Stat. 329. Pub. L. 115–141, div. K, title VII, § 7034(r)(3), Mar. 23, 2018, 132 Stat. 898. Pub. L. 115–31, div. J, title VII, § 7034(r)(3), May 5, 2017, 131 Stat. 654. Pub. L. 114–113, div. K, title VII, § 7034(r)(3), Dec. 18, 2015, 129 Stat. 2768. Pub. L. 113–235, div. J, title VII, § 7029(h), Dec. 16, 2014, 128 Stat. 2618. Pub. L. 113–76, div. K, title VII, § 7029(g), Jan. 17, 2014, 128 Stat. 508. § 262i. Repealed. Pub. L. 101–240, title V, § 541(d)(6), Dec. 19, 1989, 103 Stat. 2518 Section, Pub. L. 96–259, title IV, § 401, June 3, 1980, 94 Stat. 431, related to communication and dissemination of information respecting export opportunity enhance- ment. § 262j. Use of renewable resources for energy production (a) Promotion, etc., by United States in connec- tion with international financial institutions The United States Government, in connection with its voice and vote in the Inter-American Development Bank, the African Development Fund, and the Asian Development Bank, shall encourage such institutions— (1) to promote the decentralized production of renewable energy; (2) to identify renewable resources to produce energy in rural development projects and determine the feasibility of substituting them for systems using fossil fuel; (3) to train personnel in developing tech- nologies for getting energy from renewable re- sources; (4) to support research into the use of renew- able resources, including hydropower, bio- mass, solar photovoltaic, and solar thermal; (5) to support an information network to make available to policymakers the full range of energy choices; (6) to broaden their energy planning, anal- yses, and assessments to include consideration of the supply of, demand for, and possible uses of renewable resources; and (7) to coordinate with the Agency for Inter- national Development and other aid organiza- tions in supporting effective rural energy pro- grams. (b) ‘‘Renewable resource’’ defined For purposes of this section, the term ‘‘renew- able resource’’ means any energy resource which— (1) meets the needs of rural communities; (2) saves capital without wasting labor; (3) is modest in scale and simple to install and maintain and which can be managed by local individuals; (4) is acceptable and affordable; and (5) does not damage the environment. (Pub. L. 96–259, title VI, § 602, June 3, 1980, 94 Stat. 433; Pub. L. 97–375, title I, § 112, Dec. 21, 1982, 96 Stat. 1821.) Editorial Notes AMENDMENTS 1982—Subsec. (c). Pub. L. 97–375 struck out subsec. (c) which directed the Secretary of the Treasury, in con- sultation with the Director of the United States Inter- national Development Cooperation Agency, to report to Congress not later than six months after June 3, 1980, and annually thereafter on the progress toward achiev- ing the goals set forth in this title. Statutory Notes and Related Subsidiaries CONGRESSIONAL STATEMENT OF FINDINGS RESPECTING USE OF RENEWABLE RESOURCES FOR ENERGY PRODUC- TION IN POOR AND DEVELOPING COUNTRIES AND ROLE OF INTERNATIONAL FINANCIAL INSTITUTIONS Pub. L. 96–259, title VI, § 601, June 3, 1980, 94 Stat. 432, provided that: ‘‘The Congress finds that— ‘‘(1) without an adequate supply of energy at afford- able prices the world’s poor will continue to be de- prived of jobs, food, water, shelter, and clothing, and poor countries will continue to be economically and politically unstable; ‘‘(2) dependence on increasingly expensive fossil fuel resources consumes too much of the capital available to poor countries with the result that funds are not available to meet the basic needs of poor peo- ple; ‘‘(3) in many developing countries the cost of large central generators and long distance electrical dis- tribution makes it unlikely that rural energy by means of a national grid will contribute to meeting the needs of poor people; ‘‘(4) only one of eight rural inhabitants lives in an area which has access to electricity and even fewer rural inhabitants actually have or can afford elec- tricity; ‘‘(5) wood, animal and agricultural waste, and other ‘noncommercial’ fuels still supply about half the

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

22 U.S.C. § 262h — European Central Bank; extension of privileges, exemptions, and immunities

The provisions of this subchapter may be extended to the European Central Bank in the same manner, to the same extent, and subject to the same conditions, as they may be extended to a public international organization in which the United States participates pursuant to any treaty or under the authority of any Act of Congress authorizing such participation or making an appropriation for such participation.

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