22 U.S.C. § 9656 — Notifications to be provided by the Corporation

FEDERAL · 22 U.S.C. · Chapter SUBCHAPTER IV—MONITORING, EVALUATION, AND REPORTING

Notifications to be provided by the Corporation

22 U.S.C. § 9656

Title22 — Foreign Relations and Intercourse

ChapterSUBCHAPTER IV—MONITORING, EVALUATION, AND REPORTING

This text of 22 U.S.C. § 9656 (Notifications to be provided by the Corporation) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

22 U.S.C. § 9656.

Text

(a)In general Not later than 15 days prior to the Corporation making a financial commitment associated with the provision of support under subchapter II of this title in an amount in excess of $20,000,000, the Chief Executive Officer of the Corporation shall submit to the appropriate congressional committees a report in writing that contains the information required by subsection (b).

(b)Information required The information required by this subsection includes—

(1)the amount of each such financial commitment;

(2)an identification of the recipient or beneficiary;

(3)a description of the project, activity, or asset and the Corporation's impact quotient outlining the development goal or purpose to be achieved by providing support by the Corporation; and

(4)(A) information relating to whe

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(a) In general
Not later than 15 days prior to the Corporation making a financial commitment associated with the provision of support under subchapter II of this title in an amount in excess of $20,000,000, the Chief Executive Officer of the Corporation shall submit to the appropriate congressional committees a report in writing that contains the information required by subsection (b).
(b) Information required
The information required by this subsection includes—
(1) the amount of each such financial commitment;
(2) an identification of the recipient or beneficiary;
(3) a description of the project, activity, or asset and the Corporation's impact quotient outlining the development goal or purpose to be achieved by providing support by the Corporation; and
(4)(A) information relating to whether the Corporation has accepted a creditor status that is subordinate to that of other creditors in the project, activity, or asset; and
(B) for all projects, activities, or assets that the Corporation has accepted a creditor status that is subordinate to that of other creditors the Corporation shall include a description of the substantive policy rationale required by section 9623(b)(12) of this title that influenced the decision to accept such a creditor status.
(c) Bilateral agreements
The Chief Executive Officer of the Corporation shall notify the appropriate congressional committees not later than 30 days after entering into a new bilateral agreement described in section 9631(a) of this title.

Source Credit

History

(Pub. L. 115–254, div. F, title IV, §1446, Oct. 5, 2018, 132 Stat. 3507; (As amended Pub. L. 119–60, div. H, title LXXXVII, §8757, Dec. 18, 2025, 139 Stat. 1967.)

Editorial Notes

Editorial Notes

Amendments
2025—Subsec. (a). Pub. L. 119–60, §8757(1), substituted "$20,000,000" for "$10,000,000".
Subsec. (b)(3). Pub. L. 119–60, §8757(2)(B)(i), inserted "the Corporation's impact quotient outlining" after "asset and".
Subsec. (b)(4). Pub. L. 119–60, §8757(2)(B)(ii), (C), added par. (4).

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Bluebook (online)

22 U.S.C. § 9656, Counsel Stack Legal Research, https://law.counselstack.com/usc/22/9656.

Text

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Source Credit

History

Editorial Notes

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