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[DOCID: f:61649err.wais]



                                 E R R A T A

                                                         S. Prt. 106-46



                     COMMITTEE ON FOREIGN RELATIONS
                  COMMITTEE ON INTERNATIONAL RELATIONS

=======================================================================

 
     [ERRATA] Legislation on Foreign Relations Through 1999

                                     
[GRAPHIC] [TIFF OMITTED]CONGRESS.#15

                                     


                         JOINT COMMITTEE PRINT

                               MARCH 2000

                               VOLUME I-A

                         OF VOLUMES I-A AND I-B

                        CURRENT LEGISLATION AND

                        RELATED EXECUTIVE ORDERS


                              U.S. Senate

                     U.S. House of Representatives

                                 ERRATA

_______________________________________________________________________


          Note.--Section 586 of the Foreign Operations, Export 
        Financing, and Related Programs Appropriations Act, 
        2000 (H.R. 3422, enacted by reference in sec. 
        1000(a)(2) of Public Law 106-113; 113 Stat. 1535), 
        authorized the President to abolish the Inter-American 
        Foundation and made conforming amendments to 
        legislation related to the Inter-American Foundation to 
        reflect the abolishment. These amendments were to be 
        effective and executed only after the Director of the 
        Office of Management and Budget transmitted to Congress 
        a certification that responsibilities delegated to the 
        Director, primarily that of administering and winding-
        up any outstanding obligations of the Inter-American 
        Foundation, had been fully discharged.
          Amendments were incorporated into four laws in 
        Legislation on Foreign Relations Through 1999, vol. I-
        A, as though the President had exercised his authority 
        to abolish the Inter-American Foundation and the 
        Director of the Office of Management and Budget had 
        completed the certification process required by law. At 
        the time of publication, neither of these events had, 
        in fact, occurred.
          The following pages provide corrections to sections 
        of law pertaining to the Inter-American Foundation, to 
        state those sections of law prior to execution of 
        amendments pursuant to the completion of requirements 
        stated in sec. 586 of Public Law 106-113. Corrected 
        laws, in order of citation in sec. 586, include:

          1. Foreign Assistance Act of 1969 (page 603)
          2. International Security and Development Cooperation

            Act of 1980 (page 577)
          3. Foreign Assistance Act of 1973 (page 633)
          4. Foreign Assistance Act of 1961 (page 79)

_______________________________________________________________________


     1. Replace page 603 (Foreign Assistance Act of 1969) with the 
                               following:

             bb. Foreign Assistance Act of 1969, as amended

Partial text of Public Law 91-175 [H.R. 14480], 83 Stat. 805, approved 
December 30, 1969, as amended by Public Law 92-226 [Foreign Assistance 
  Act of 1971, S. 2819], 86 Stat. 20, 34, approved February 7, 1972; 
  Public Law 95-105 [Foreign Relations Authorization Act, Fiscal Year 
1978; H.R. 6689], 91 Stat. 844 at 859, approved August 17, 1977; Public 
Law 97-241 [Department of Defense Authorization Act, 1983; S. 1193], 96 
     Stat. 273 at 297, approved August 24, 1982; Public Law 98-164 
  [Department of State Authorization Act, Fiscal Years 1984 and 1985, 
 H.R. 2915], 97 Stat. 1017 at 1051, approved November 22, 1983; Public 
 Law 99-83 [International Security and Development Cooperation Act of 
1985, S. 960], 99 Stat. 190 at 247, approved August 8, 1985; Public Law 
  99-529 [Special Foreign Assistance Act of 1986, S. 1917], 100 Stat. 
3010, approved October 24, 1986; Public Law 101-246 [Foreign Relations 
Authorization Act for Fiscal Years 1990 and 1991; H.R. 3792], 104 Stat. 
 15, approved February 16, 1990; Public Law 102-138 [Foreign Relations 
Authorization Act for Fiscal Years 1992 and 1993; H.R. 1415], 105 Stat. 
  647, approved October 28, 1991; and by Public Law 106-113 [Foreign 
Operations, Export Financing, and Related Programs Appropriations Act, 
   2000; H.R. 3422, enacted by reference H.R. 3194], 113 Stat. 1501, 
                       approved November 29, 1999

_______________________________________________________________________


          Note.--Except for Part IV, which relates to the 
        Inter-American Social Development Institute (title 
        changed to The Inter-American Foundation Act by Sec. 
        406(1) of the FA Act of 1971) and Part V, which relates 
        to amendments to other acts, the Foreign Assistance Act 
        of 1969 consists of amendments to the Foreign 
        Assistance Act of 1961, as amended.

_______________________________________________________________________


          * * * * * * *

             PART IV--THE INTER-AMERICAN FOUNDATION ACT \1\

    Sec. 401.\2\ Inter-American Foundation.--(a) There is 
created as an agency of the United States of America a body 
corporate to be known as the Inter-American Foundation 
(hereinafter in this section referred to as the 
``Foundation'').\3\
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    \1\ Sec. 406(1) of the Foreign Assistance Act of 1971 (Public Law 
92-226; 86 Stat. 20), inserted the title ``Part IV--The Inter-American 
Foundation Act'' in lieu of ``Part IV--Inter-American Social 
Development Institute''.
    \2\ 22 U.S.C. 290f. Sec. 586(c)(2) of the Foreign Operations, 
Export Financing, and Related Programs Appropriations Act, 2000 (H.R. 
3422, enacted by reference in sec. 1000(a)(2) of Public Law 106-113; 
113 Stat. 1535), will repeal sec. 401 upon execution of the 
requirements of sec. 586.
    \3\ The caption of sec. 401 and subsec. (a) thereof, which were 
amended by sec. 406(2) of the Foreign Assistance Act of 1971, (Public 
Law 92-226; 86 Stat. 20), formerly read as follows: ``Inter-American 
Social Development Institute.--(a) There is created as an agency of the 
United States of America a body corporate to be known as the `Inter-
American Social Development Institute' (hereafter in this section 
referred to as `Institute').''.
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    (b) The future of freedom, security, and economic 
development in the Western Hemisphere rests on the realization 
that man is the foundation of all human progress. It is the 
purpose of this section to provide support for developmental 
activities designed to achieve conditions in the Western 
Hemisphere under which the dignity and the worth of each human 
person will be respected and under which all men will be 
afforded the opportunity to develop their potential, to seek 
through gainful and productive work the fulfillment of their 
aspirations for a better life, and to live in justice and 
peace. To this end, it shall be the purpose of the 
Foundation,\4\ primarily in cooperation with private, regional, 
and international organizations, to--
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    \4\ Sec. 406(3) of the Foreign Assistance Act of 1971 (Public Law 
92-226; 86 Stat. 20), amended sec. 401 by substituting ``Foundation'' 
in lieu of ``Institute'' wherever it appeared.
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          (1) strengthen the bonds of friendship and 
        understanding among the peoples of this hemisphere;
          (2) support self-help efforts designed to enlarge the 
        opportunities for individual development;
          (3) stimulate and assist effective and ever wider 
        participation of the people in the development process;
          (4) encourage the establishment and growth of 
        democratic institutions, private and governmental, 
        appropriate to the requirements of the individual 
        sovereign nations of this hemisphere.
In pursuing these purposes, the Foundation shall place primary 
emphasis on the enlargement of educational opportunities at all 
levels, the production of food and the development of 
agriculture, and the improvement of environmental conditions 
relating to health, maternal and child care, family planning, 
housing, free trade union development, and other social and 
economic needs of the people.
    (c) The Foundation shall carry out the purposes set forth 
in subsection (b) of this section primarily through and with 
private organizations, individuals, and international 
organizations by undertaking or sponsoring appropriate research 
and by planning, initiating, assisting, financing, 
administering, and executing programs and projects designed to 
promote the achievement of such purposes.
    (d) In carrying out its functions under this section, the 
Foundation shall, to the maximum extent possible, coordinate 
its undertakings with the developmental activities in the 
Western Hemisphere of the various organs of the Organization of 
American States, the United States Government, international 
organizations, and other entities engaged in promoting social 
and economic development of Latin America.
    (e) The Foundation, as a corporation--
          (1) shall have perpetual succession unless sooner 
        dissolved by an Act of Congress;
          (2) may adopt, alter, and use a corporate seal, which 
        shall be judicially noticed;
          (3) may make and perform contracts and other 
        agreements with any individual, corporation, or other 
        body of persons however designated whether within or 
        without the United States of America, and with any 
        government or governmental agency, domestic or foreign;
          (4) \5\ shall determine and prescribe the manner in 
        which its obligations shall be incurred and its 
        expenses, including expenses for representation (not to 
        exceed $10,000 in any fiscal year), allowed and paid;
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    \5\ Sec. 401(e)(4) was amended by sec. 406(4) of the Foreign 
Assistance Act of 1971 (Public Law 92-226; 86 Stat. 20). It formerly 
read as follows: ``(4) shall determine and prescribe the manner in 
which its obligations shall be incurred and its expenses allowed and 
paid;''.
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          (5) may, as necessary for the transaction of the 
        business of the Foundation, employ, and fix the 
        compensation of not to exceed one hundred persons at 
        any one time;
          (6) may acquire by purchase, devise, bequest, or 
        gift, or otherwise lease, hold, and improve, such real 
        and personal property as it finds to be necessary to 
        its purposes, whether within or without the United 
        States, and in any manner dispose of all such real and 
        personal property held by it and use as general funds 
        all receipts arising from the disposition of such 
        property;
          (7) shall be entitled to the use of the United States 
        mails in the same manner and on the same conditions as 
        the executive departments of the Government;
          (8) may, with the consent of any board, corporation, 
        commission, independent establishment, or executive 
        department of the Government, including any field 
        service thereof, avail itself of the use of 
        information, services, facilities, officers, and 
        employees thereof in carrying out the provisions of 
        this section;
          (9) may accept money, funds, property, and services 
        of every kind by gift, devise, bequest, grant, or 
        otherwise, and make advances, grants, and loans to any 
        individual, corporation, or other body of persons, 
        whether within or without the United States of America, 
        or to any government or governmental agency, domestic 
        or foreign, when deemed advisable by the Foundation in 
        furtherance of its purposes;
          (10) may sue and be sued, complain, and defend, in 
        its corporate name in any court of competent 
        jurisdiction; and
          (11) shall have such other powers as may be necessary 
        and incident to carrying out its powers and duties 
        under this section.
    (f) Upon termination of the corporate life of the 
Foundation all of its assets shall be liquidated and, unless 
otherwise provided by Congress, shall be transferred to the 
United States Treasury as the property of the United States.
    (g) The management of the Foundation shall be vested in a 
board of directors (hereafter in this section referred to as 
the ``Board'') composed of nine \6\ members appointed by the 
President, by and with the advice and consent of the Senate, 
one of whom he shall designate to serve as Chairman of the 
Board and one of whom he shall designate to serve as Vice 
Chairman of the Board. Six members of the Board shall be 
appointed from private life. Three members of the Board shall 
be appointed from among officers or employees of agencies of 
the United States concerned with inter-American affairs. 
Members of the Board shall be appointed for terms of six years, 
except that of the members first appointed two shall be 
appointed for terms of two years and two shall be appointed for 
terms of four years, as designated by the President at the time 
of their appointment. A member of the Board appointed to fill a 
vacancy occurring prior to the expiration of the term for which 
his predecessor was appointed shall be appointed only for the 
remainder of such term; but upon the expiration of his term of 
office a member shall continue to serve until his successor is 
appointed and shall have qualified. Members of the Board shall 
be eligible for reappointment. All individuals appointed to the 
Board shall possess an understanding of and sensitivity to 
community level development processes. No more than 5 members 
of the Board may be members of any one political party.\7\
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    \6\ Sec. 403(a) of Public Law 99-529 (100 Stat. 3010) added 
``nine'' and ``six'', respectively, in lieu of ``seven'' and ``four''.
    \7\ Sec. 173(b)(1) of the Foreign Relations Authorization Act, 
Fiscal Years 1992 and 1993 (Public Law 102-138; 105 Stat. 679), added 
the last sentence. Subpar. (2) of that section further provided that: 
``The requirements established by the amendment made by paragraph (1) 
do not affect appointments made to the Board of the Inter-American 
Foundation before the date of enactment of this Act.''.
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    (h) Members of the Board shall serve without additional 
compensation, but shall be reimbursed for travel expenses, 
including per diem, in lieu of subsistence, in accordance with 
section 5703 of title 5, United States Code,\8\ while engaged 
in their duties on behalf of the corporation.
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    \8\ The words ``travel expenses, including per diem in lieu of 
subsistence, in accordance with section 5703 of title 5, United States 
Code'' were inserted in lieu of ``actual and necessary expenses not in 
excess of $50 per day, and for transportation expenses'' by sec. 501(b) 
of Public Law 97-241 (96 Stat. 297).
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    (i) The Board shall direct the exercise of all the powers 
of the Foundation.
    (j) The Board may prescribe, amend, and repeal bylaws, 
rules, and regulations governing the manner in which the 
business of the Foundation may be conducted and in which the 
powers granted to it by law may be exercised and enjoyed. A 
majority of the Board shall be required as a quorum.
    (k) In furtherance and not in limitation of the powers 
conferred upon it, the Board may appoint such committees for 
the carrying out of the work of the Foundation as the Board 
finds to be for the best interests of the Foundation, each 
committee to consist of two or more members of the Board, which 
committees, together with officers and agents duly authorized 
by the Board and to the extent provided by the Board, shall 
have and may exercise the powers of the Board in the management 
of the business and affairs of the Foundation.
    (l) \9\ (1) The chief executive officer of the Foundation 
shall be a President who shall be appointed by the Board of 
Directors on such terms as the Board may determine. The 
President shall receive compensation at the rate provided for 
level IV of the Executive Schedule under section 5315 of title 
5, United States Code.
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    \9\ Sec. 406(5) of the Foreign Assistance Act of 1971 (Public Law 
92-226; 86 Stat. 20), amended sec. 401(1), which formerly read as 
follows: ``(1) The chief executive officer of the Institute shall be an 
Executive Director who shall be appointed by the Board of Directors on 
such terms as the Board may determine. The Executive Director shall 
receive compensation at the rate provided for level IV of the Executive 
Schedule under section 5315 of title V, United States Code.''
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    (2) Experts and consultants, or organizations thereof, may 
be employed as authorized by section 3109 of title 5, United 
States Code.
    (m) In order to further the purposes of the Foundation 
there shall be established a Council to be composed of such 
number of individuals as may be selected by the Board from 
among individuals knowledgeable concerning developmental 
activities in the Western Hemisphere. The Board shall, from 
time to time, consult with the Council concerning the 
objectives of the Foundation. Members of the Council shall 
receive no compensation for their services but shall be 
entitled to reimbursement in accordance with section 5703 of 
title 5, United States Code, for travel and other expenses 
incurred by them in the performance of their functions under 
this subsection.
    (n) The Foundation shall be a nonprofit corporation and 
shall have no capital stock. No part of its revenue, earnings, 
or other income or property shall inure to the benefit of its 
directors, officers, and employees and such revenue, earnings, 
or other income, or property shall be used for the carrying out 
of the corporate purposes set forth in this section. No 
director, officer, or employee of the corporation shall in any 
manner directly or indirectly participate in the deliberation 
upon or the determination of any question affecting his 
personal interests or the interest of any corporation, 
partnership, or organization in which he is directly or 
indirectly interested.
    (o) When approved by the Foundation, in furtherance of its 
purpose, the officers and employees of the Foundation may 
accept and hold offices or positions to which no compensation 
is attached with governments or governmental agencies of 
foreign countries.
    (p) The Secretary of State shall have authority to detail 
employees of any agency under his jurisdiction to the 
Foundation under such circumstances and upon such conditions as 
he may determine. Any such employee so detailed shall not lose 
any privileges, rights, or seniority as an employee of any such 
agency by virtue of such detail.
    (q) \10\ The Foundation shall maintain its principal office 
in the metropolitan Washington, D.C., area. The Foundation may 
establish agencies, branch offices, or other offices in any 
place or places outside the United States in which the 
Foundation may carry on all or any of its operations and 
business.
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    \10\ Sec. 173(c) of the Foreign Relations Authorization Act, Fiscal 
Years 1992 and 1993 (Public Law 102-138; 105 Stat. 680), amended and 
restated subsec. (q).
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    (r) The Foundation, including its franchise and income, 
shall be exempt from taxation now or hereafter imposed by the 
United States, or any territory or possession thereof, or by 
any State, county, municipality, or local taxing authority.
    (s)(1) Notwithstanding any other provision of law, not to 
exceed an aggregate amount of $50,000,000 of the funds made 
available for the fiscal years 1970 and 1971 to carry out part 
I of the Foreign Assistance Act of 1961 shall be available to 
carry out the purposes of this section. Funds made available to 
carry out the purposes of this section under the preceding 
sentence are authorized to remain available until expended.
    (2) \11\ There are authorized to be appropriated 
$28,800,000 for the fiscal year 1992 and $31,000,000 for the 
fiscal year 1993 to carry out this section.
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    \11\ Par. (2) was added by sec. 508 of the Foreign Relations 
Authorization Act, Fiscal Year 1978 (Public Law 95-426; 91 Stat. 859).
    The authorization figures for fiscal years 1992 and 1993 were added 
by sec. 173(a) of the Foreign Relations Authorization Act, Fiscal Years 
1992 and 1993 (Public Law 102-138; 105 Stat. 679).
    Authorizations provided in recent years under this section include 
the following: Fiscal year 1982--$12,000,000; fiscal year 1983--
$12,800,000; fiscal year 1984--$16,000,000; fiscal year 1985--
$16,000,000; fiscal year 1986--$11,969,000; fiscal year 1987--
$11,969,000; fiscal year 1988--no authorization; fiscal year 1989--no 
authorization; fiscal year 1990--$16,932,000; fiscal year 1991--
$25,000,000; fiscal years 1994 through 2000--no authorization.
    Congress did not enact an authorization for fiscal year 2000. 
Instead, title II of the Foreign Operations, Export Financing, and 
Related Programs Appropriations Act, 2000 (H.R. 3422, enacted by 
reference in sec. 1000(a)(2) of Public Law 106-113; 113 Stat. 1535), 
Stat. 2681), provided the following:
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                        ``development assistance

                    ``(including transfer of funds)
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    ``For necessary expenses to carry out the provisions of sections 
103 through 106, and chapter 10 of part I of the Foreign Assistance Act 
of 1961, title V of the International Security and Development 
Cooperation Act of 1980 (Public Law 96-533) and the provisions of 
section 401 of the Foreign Assistance Act of 1969, $1,228,000,000, to 
remain available until September 30, 2001: Provided, That of the amount 
appropriated under this heading, up to $5,000,000 may be made available 
for the Inter-American Foundation and shall be apportioned directly to 
that Agency: * * *''.
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    (t) The Foundation shall be subject to the provisions of 
the Government Corporation Control Act.
    (u) \12\ When, with the permission of the Foundation, funds 
made available to a grantee under this section are invested 
pending disbursement, the resulting interest is not required to 
be deposited in the United States Treasury if the grantee uses 
the resulting interest for the purposes for which the grant was 
made. This subsection applies with respect to both interest 
earned before and interest earned after the enactment of this 
subsection.
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    \12\ Subsec. (u) was added by sec. 501(c) of Public Law 97-241 (96 
Stat. 297).
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  (v) \13\ Funds made available to the Foundation may be used 
for the expenses described in section 1345 of title 31 of the 
United States Code (relating to travel, transportation, and 
subsistence expenses for meetings).
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    \13\ Sec. 173(d) of the Foreign Relations Authorization Act, Fiscal 
Years 1992 and 1993 (Public Law 102-138; 105 Stat. 680), added new 
subsecs. (v) and (w).
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  (w) \13\ Funds made available to the Foundation may be used 
for printing and binding without regard to section 501 of title 
44, United States Code.

                    PART V--AMENDMENTS TO OTHER ACTS

          * * * * * * *
   2. Replace section 502 and related notes, page 577 (International 
 Security and Development Cooperation Act of 1980) with the following:

                                findings

    Sec. 502.\11\ The Congress finds that--
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    \11\ 22 U.S.C. 290h.
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          (1) social and economic development ultimately 
        depends on the active participation of individuals 
        within a society and on the enhancement of 
        opportunities for those individuals;
          (2) \12\ the development of individuals and 
        institutions in African countries can benefit by the 
        provision of support for community-based self-help 
        activities;
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    \12\ Sec. 586(h)(1) of the Foreign Operations, Export Financing, 
and Related Programs Appropriations Act, 2000 (H.R. 3422, enacted by 
reference in sec. 1000(a)(2) of Public Law 106-113; 113 Stat. 1535), 
will add ``and'' at the end of para. (2), replace a semicolon with a 
period at the end of para. (3), and strike out paras. (4) and (5), upon 
execution of that section's requirements.
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          (3) by enacting title IX of chapter 2 of part I of 
        the Foreign Assistance Act of 1961, and recent 
        amendments to that Act, the Congress has sought to 
        enable the poor to participate in the process of 
        development;
          (4) \12\ the Inter-American Foundation, established 
        by Congress in the Foreign Assistance Act of 1969 to 
        support the efforts of the people of Latin America and 
        the Caribbean to solve their development problems, has 
        demonstrated a successful approach to development; and
          (5) \12\ an African Development Foundation similar in 
        structure to the Inter-American Foundation, but adapted 
        to the specific needs of Africa, can complement current 
        United States development programs in Africa.
3. Replace sec. 36 and related notes, page 633 (Foreign Assistance Act 
                      of 1973) with the following:

            revision of social progress trust fund agreement

    Sec. 36.\7\ (a) The President or his delegate shall seek, 
as soon as possible, a revision of the Social Progress Trust 
Fund Agreement (dated June 19, 1961) between the United States 
and the Inter-American Development Bank. Such revision should 
provide for the--\8\
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    \7\ 22 U.S.C. 1942 note.
    \8\ Sec. 586(h)(2)(A)(i) of the Foreign Operations, Export 
Financing, and Related Programs Appropriations Act, 2000 (H.R. 3422, 
enacted by reference in sec. 1000(a)(2) of Public Law 106-113; 113 
Stat. 1535), will strike out ``provide for the--'' at this point, 
strike out para. (1), and strike out para. designation ``(2)'', upon 
execution of that section's requirements.
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          (1) \8\ periodic transfer of unencumbered capital 
        resources of such trust fund, and of any future 
        repayments or other accruals otherwise payable to such 
        trust fund, to the Inter-American Foundation, to be 
        administered by the Foundation for purposes of part IV 
        of the Foreign Assistance Act of 1969 (22 U.S.C. 290f 
        and following);
          (2) utilization of such unencumbered capital 
        resources, future repayments, and other accruals by the 
        Inter-American Development Bank for purposes of 
        sections 1 and 2 of the Latin American Development Act 
        \9\ (22 U.S.C. 1942 and 1943) in such a way that the 
        resources received in the currencies of the more 
        developed member countries are utilized to the extent 
        possible for the benefit of the lesser developed member 
        countries; or
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    \9\ For text, see Legislation on Foreign Relations Through 1999, 
vol. I-B.
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          (3) \10\ both the transfer described in paragraph (1) 
        and the utilization described in paragraph (2).
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    \10\ Sec. 586(h)(2)(A)(ii) of the Foreign Operations, Export 
Financing, and Related Programs Appropriations Act, 2000 (H.R. 3422, 
enacted by reference in sec. 1000(a)(2) of Public Law 106-113; 113 
Stat. 1535), will strike out para. (3), upon execution of that 
section's requirements.
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    (b) Any transfer or \11\ utilization under this section 
shall be in such proportions as may be agreed to between the 
United States and the Inter-American Development Bank.
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    \11\ Sec. 586(h)(2)(B) of the Foreign Operations, Export Financing, 
and Related Programs Appropriations Act, 2000 (H.R. 3422, enacted by 
reference in sec. 1000(a)(2) of Public Law 106-113; 113 Stat. 1535), 
will strike out ``transfer or'' upon execution of that section's 
requirements. Sec. 586(h)(2)(C) of that Act will strike out subsec. 
(c), upon execution of that section's requirements, and will 
redesignate subsec. (d) as subsec. (c).
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    (c) \11\ Any transfer under subsection (a)(1) shall be in 
the amounts, and in available currencies, determined in 
consultation with the Inter-American Foundation, to be required 
for its program purposes.''.
    (d) \11\ The revision of the Social Progress Trust Fund 
Agreement pursuant to this section shall provide that the 
President or his delegate shall specify, from time to time, 
after consultation with the Inter-American Development Bank, 
the particular currencies to be used in making the transfer of 
\11\ utilization described in the section.
    (e) \12\ * * * [Repealed--1981]
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    \12\ Subsec. (e), which had required a report from the President on 
his action taken pursuant to this section, was repealed by sec. 
734(a)(9) of the International Security and Development Cooperation Act 
of 1981 (Public Law 97-113; 95 Stat. 1560). The President submitted 
this report on January 3, 1974.
    4. Replace section 222A(d) and related notes, page 79 (Foreign 
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              Assistance Act of 1961) with the following:

    (d) \150\ The Inter-American Foundation shall be consulted 
in developing criteria for making loans eligible for guaranty 
coverage in Latin America under this section.
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    \150\ Sec. 586(h)(3) of the Foreign Operations, Export Financing, 
and Related Programs Appropriations Act, 2000 (H.R. 3422, enacted by 
reference in sec. 1000(a)(2) of Public Law 106-113; 113 Stat. 1535), 
will repeal subsec. (d) upon execution of that sections requirements.