[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1667 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                H. R. 1667

     To authorize United States contributions to the International 
 Development Association, the Asian Development Bank, and the Interest 
 Subsidy Account of the Enhanced Structural Adjustment Facility of the 
                      International Monetary Fund.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 18, 1995

   Mr. Castle (by request) introduced the following bill; which was 
      referred to the Committee on Banking and Financial Services

_______________________________________________________________________

                                 A BILL


 
     To authorize United States contributions to the International 
 Development Association, the Asian Development Bank, and the Interest 
 Subsidy Account of the Enhanced Structural Adjustment Facility of the 
                      International Monetary Fund.
    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``IDA Authorization Act of 1995''.

             TITLE I--INTERNATIONAL DEVELOPMENT ASSOCIATION

SEC. 101. TENTH REPLENISHMENT.

    The International Development Association Act (22 U.S.C. 284-284s) 
is amended by adding at the end the following:

``SEC. 22. TENTH REPLENISHMENT.

    ``For the United States contribution pursuant to the resolution of 
the Association entitled `Additions to IDA Resources: Tenth 
Replenishment', there are authorized to be appropriated to the 
Secretary of the Treasury not more than $1,250,000,000, without fiscal 
year limitation.''.

                    TITLE II--ASIAN DEVELOPMENT BANK

SEC. 201. FOURTH REPLENISHMENT.

    The Asian Development Bank Act (22 U.S.C. 285-285aa) is amended by 
adding at the end the following:

``SEC. 22. FOURTH REPLENISHMENT.

    ``(a) Subscription Authority.--
            ``(1) In general.--The United States Governor of the Bank 
        may, on behalf of the United States, subscribe to 276,105 
        shares of the increase in the capital stock of the Bank--
                    ``(A) 5,522 of which shall be shares of paid-in 
                capital stock; and
                    ``(B) 270,583 of which shall be shares of callable 
                capital stock.
            ``(2) Subject to appropriations.--The authority provided by 
        paragraph (1) shall be effective only to such extent or in such 
        amounts as are provided in advance in appropriations Acts.
    ``(b) Limitations on Authorization of Appropriations.--For the 
subscription authorized by subsection (a), there are authorized to be 
appropriated to the Secretary of the Treasury not more than 
$3,330,792,668, without fiscal year limitation.''.

                 TITLE III--INTERNATIONAL MONETARY FUND

SEC. 301. CONTRIBUTION TO THE ENHANCED STRUCTURAL ADJUSTMENT FACILITY.

    The Bretton Woods Agreements Act (22 U.S.C. 286-286mm) is amended 
by adding at the end the following:

``SEC. 61. CONTRIBUTION TO THE INTEREST SUBSIDY ACCOUNT OF THE ENHANCED 
              STRUCTURAL ADJUSTMENT FACILITY OF THE INTERNATIONAL 
              MONETARY FUND.

    ``(a) Contribution Authority.--
            ``(1) In general.--The United States Governor of the Fund 
        may, on behalf of the United States, contribute $75,000,000 to 
        the Interest Subsidy Account of the Enhanced Structural 
        Adjustment Facility of the Fund.
            ``(2) Subject to appropriations.--The authority provided by 
        paragraph (1) shall be effective only to such extent or in such 
        amounts as are provided in advance in appropriations Acts.
    ``(b) Limitations on Authorization of Appropriations.--For the 
contribution authorized by subsection (a), there are authorized to be 
appropriated to the Secretary of the Treasury not more than 
$75,000,000, without fiscal year limitation.''.
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