[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2604 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 2604

To authorize the United States to participate in and contribute to the 
 seventh replenishment of the resources of the Asian Development Fund 
and the fifth replenishment of the resources of the International Fund 
 for Agricultural Development, and to set forth additional policies of 
  the United States towards the African Development Bank, the African 
   Development Fund, the Asian Development Bank, the Inter-American 
    Development Bank, and the European Bank for Reconstruction and 
                              Development.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 24, 2001

 Mr. Bereuter (for himself, Mr. Sanders, Mrs. Roukema, Mr. Baker, Mr. 
   Shays, Mrs. Maloney of New York, and Mr. LaFalce) introduced the 
   following bill; which was referred to the Committee on Financial 
                                Services

_______________________________________________________________________

                                 A BILL


 
To authorize the United States to participate in and contribute to the 
 seventh replenishment of the resources of the Asian Development Fund 
and the fifth replenishment of the resources of the International Fund 
 for Agricultural Development, and to set forth additional policies of 
  the United States towards the African Development Bank, the African 
   Development Fund, the Asian Development Bank, the Inter-American 
    Development Bank, and the European Bank for Reconstruction and 
                              Development.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. UNITED STATES CONTRIBUTION TO THE SEVENTH REPLENISHMENT OF 
              THE RESOURCES OF THE ASIAN DEVELOPMENT FUND.

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

``SEC. 31. SEVENTH REPLENISHMENT.

    ``(a) Contribution Authority.--
            ``(1) In general.--The United States Governor of the Bank 
        may contribute on behalf of the United States $412,000,000 to 
        the Asian Development Fund, a special fund of the Bank.
            ``(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 
contribution authorized by subsection (a), there are authorized to be 
appropriated to the Secretary of the Treasury not more than 
$412,000,000, without fiscal year limitation.''.

SEC. 2. UNITED STATES CONTRIBUTION TO THE FIFTH REPLENISHMENT OF THE 
              RESOURCES OF THE INTERNATIONAL FUND FOR AGRICULTURAL 
              DEVELOPMENT.

    (a) Contribution Authority.--
            (1) In general.--The United States Governor of the 
        International Fund for Agricultural Development may contribute 
        on behalf of the United States $30,000,000 to the International 
        Fund for Agricultural Development.
            (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 
contribution authorized by subsection (a), there are authorized to be 
appropriated to the Secretary of the Treasury not more than 
$30,000,000, without fiscal year limitation.

SEC. 3. HIV/AIDS STRATEGIC PLAN.

    Title XVI of the International Financial Institutions Act (22 
U.S.C. 262p-262p-7) is amended by adding at the end the following:

``SEC. 1625. HIV/AIDS STRATEGIC PLAN.

    ``The Secretary of the Treasury shall instruct the United States 
Executive Directors at the African Development Bank, the African 
Development Fund, the Asian Development Bank, the Asian Development 
Fund, a special fund of the Asian Development Bank, the Inter-American 
Development Bank, and the European Bank for Reconstruction and 
Development, and the United States Governor of the International Fund 
for Agricultural Development to support continued efforts by such 
institutions in regard to HIV/AIDS, tuberculosis, malaria, and other 
infectious diseases, including--
            ``(1) development and implementation of a strategic plan to 
        fight against the spread of HIV/AIDS, tuberculosis, malaria, 
        and other infectious diseases;
            ``(2) integration of HIV/AIDS, tuberculosis, malaria, and 
        other infectious diseases activities in ongoing projects as 
        appropriate, development of new dedicated HIV/AIDS, 
        tuberculosis, malaria, and other infectious diseases, projects 
        as appropriate that take into consideration the institution's 
        mandate and core strengths, and the building of AIDS-mitigation 
        measures into other projects;
            ``(3) design and implementation of HIV/AIDS, tuberculosis, 
        malaria, and other infectious diseases impact assessment 
        criteria into environmental and social assessment processes 
        that the institution considers when designing and evaluating 
        new project proposals;
            ``(4) work on disseminating information on best practices 
        and project design for HIV/AIDS, tuberculosis, malaria, and 
        other infectious diseases projects;
            ``(5) support training for professional staff on HIV/AIDS, 
        tuberculosis, malaria, and other infectious disease prevention 
        issues to ensure that these health-related concerns are 
        integrated into all aspects of the work of the institution.''.

SEC. 4. USER FEES.

    Title XVI of the International Financial Institutions Act (22 
U.S.C. 262p-262p-7) is further amended by adding at the end the 
following:

``SEC. 1626. USER FEES.

    ``The Secretary of the Treasury shall instruct the United States 
Executive Director at the African Development Bank, the African 
Development Fund, the Asian Development Bank, the Asian Development 
Fund, a special fund of the Asian Development Bank, the Inter-American 
Development Bank, and the European Bank for Reconstruction and 
Development, and the United States Governor of the International Fund 
for Agricultural Development to oppose user fees or service charges in  
impoverished countries, directly or under the guise of community 
financing, cost-sharing, or cost recovery mechanisms, for primary 
education or primary healthcare, including prevention and treatment 
efforts for HIV/AIDS, malaria, tuberculosis, and infant, child, and 
maternal well-being, in connection with any strategy or country plan, 
grant, or loan by any such institution.''.

SEC. 5. TRANSPARENCY.

    (a) United States Policy in Regional Mulitlateral Development 
Institutions.--Title XV of the International Financial Institutions Act 
(22 U.S.C. 262o-262o-2) is further amended by adding at the end the 
following:

``SEC. 1504. TRANSPARENCY.

    ``(a) In General.--The Secretary of the Treasury shall instruct the 
United States Executive Director at the African Development Bank, the 
African Development Fund, the Asian Development Bank, the Asian 
Development Fund, a special fund of the Asian Development Bank, the 
Inter-American Development Bank, and the European Bank for 
Reconstruction and Development, and the United States Governor of the 
International Fund for Agricultural Development to--
            ``(1) continue to make efforts to promote greater 
        transparency regarding the activities of such institutions, 
        including project design, project monitoring and evaluation, 
        project implementation, resource allocation, and 
        decisionmaking;
            ``(2) support continued efforts to allow informed 
        participation and input by affected communities, including 
        translation of information on proposed projects, providing 
        information through information technology applications, oral 
        briefings, and outreach to and dialogue with community 
        organizations and institutions in affected areas; and
            ``(3) work toward ensuring that--
                    ``(A) meetings of the Boards of Directors (or, in 
                the case of the International Fund for Agricultural 
                Development, the Board of Governors) of their 
                respective institutions are open to the public and the 
                media, except for discussion of individual personnel 
                matters;
                    ``(B) transcripts of such meetings are available to 
                the public no later than 60 calendar days after the 
                meetings, except for discussion of individual personnel 
                matters; and
                    ``(C) all key documents that are to be considered 
                by the Board of Directors (or, in the case of the 
                International Fund for Agricultural Development, the 
                Board of Governors) of their respective institutions 
                will be made available to the public at least 30 days 
                before consideration by the Board.
    ``(b) Statement of Goals; Request for Support.--The Secretary of 
the Treasury--
            ``(1) shall instruct the United States Executive Director 
        at the African Development Bank, the African Development Fund, 
        the Asian Development Bank, the Asian Development Fund, a 
        special fund of the Asian Development Bank, the Inter-American 
        Development Bank, and the European Bank for Reconstruction and 
        Development, and the United States Governor of the 
        International Fund for Agricultural Development to state the 
        goals enumerated in subsection (a) in the respective 
        institution and request support for efforts to achieve the 
        goals, at a meeting of the Board of Executive Directors (or, in 
        the case of the International Fund for Agricultural 
        Development, the Board of Governors) of the institution;
            ``(2) shall make a copy of any such statement available to 
        Committee on Financial Services of the House of Representatives 
        and the Committee on Foreign Relations of the Senate; and
            ``(3) should make a copy of any such statement available to 
        the public.''.
    (b) Congressional Testimony Required.--The United States Executive 
Directors at the African Development Bank, the African Development 
Fund, the Asian Development Bank, the Asian Development Fund, a special 
fund of the Asian Development Bank, the Inter-American Development 
Bank, and the European Bank for Reconstruction and Development, and the 
United States Governor of the International Fund for Agricultural 
Development shall, at the request of any subcommittee of the Committee 
on Financial Services of the House of Representatives or of the 
Committee on Foreign Relations of the Senate that has jurisdiction over 
legislation concerning any such institution, appear before the 
subcommittee on an annual basis and testify on the efforts undertaken 
pursuant to section 1504 of the International Financial Institutions 
Act and on other matters relating to any such institution.
    (c) Grants.--
            (1) In general.--The Secretary of the Treasury may make 
        grants in such amounts as the Secretary deems appropriate to 
        any institution specified in paragraph (2) which--
                    (A) has implemented the measures described in 
                section 1504 of the International Financial 
                Institutions Act; and
                    (B) provides assurances to the Secretary that the 
                institution will use the grant solely for transparency 
                activities.
            (2) Institutions.--The institutions specified in this 
        paragraph are the African Development Bank, the African 
        Development Fund, the Asian Development Bank, the Asian 
        Development Fund, a special fund of the Asian Development Bank, 
        the Inter-American Development Bank, the European Bank for 
        Reconstruction and Development, and the International Fund for 
        Agricultural Development.
            (3) Limitations on authorization of appropriations.--For 
        grants under this subsection, there are authorized to be 
        appropriated to the Secretary of the Treasury not more than 
        $10,000,000 for fiscal year 2002.
    (d) Congressional Pursuit of Transparency Goals in 
Interparliamentary Dialogues and Meetings.--The Congress shall pursue 
the transparency goals described in section 1504 of the International 
Financial Institutions Act, in all official interparliamentary 
dialogues and meetings.
    (e) Pursuit of Transparency Goals by the Secretary of the 
Treasury.--The Secretary of the Treasury shall--
            (1) transmit to the counterpart minister of each member 
        country of the institutions specified in section 1504 of the 
        International Financial Institutions Act a letter that sets 
        forth the goals enumerated in such section 1504 and requests 
        the minister to support efforts to achieve the goals, and 
        submit to the Committee on Financial Services of the House of 
        Representatives and the Committee on Foreign Relations of the 
        Senate a copy of any such letter;
            (2) promote the goals enumerated in such section 1504 at 
        each meeting of the finance ministers of the Group of Seven 
        countries;
            (3) ensure that, at any meeting of the Committee on 
        Multilateral Development Bank Reform of the Group of Seven, the 
        representatives of the United States advocate for the goals 
        enumerated in such section 1504; and
            (4) submit annually to the Committee on Financial Services 
        of the House of Representatives and the Committee on Foreign 
        Relations of the Senate a written report detailing the steps 
        that have been taken by the United States Executive Directors 
        at the institutions, by the finance ministers, and by the 
        institutions, referred to in paragraph (1) to implement the 
        measures described in such section 1504.

SEC. 6. GENERAL OBJECTIVES.

    Title XVI of the International Financial Institutions Act (22 
U.S.C. 262p-262p-7) is further amended by adding at the end the 
following:

``SEC. 1627. GENERAL OBJECTIVES.

    ``The Secretary of the Treasury shall instruct the United States 
Executive Director at the African Development Bank, the African 
Development Fund, the Asian Development Bank, the Asian Development 
Fund, a special fund of the Asian Development Bank, and the Inter-
American Development Bank, and the United States Governor of the 
International Fund for Agricultural Development to focus on poverty 
alleviation, economic growth, increased productivity, sustainable 
development, environmental protection, labor rights, and an increased 
focus on education.''.

SEC. 7. STUDY BY THE GENERAL ACCOUNTING OFFICE.

    Within 1 year after the date of the enactment of this Act, the 
Comptroller General of the United States shall prepare and submit to 
the Committee on Financial Services of the House of Representatives and 
the Committee on Foreign Relations of the Senate a report on the 
benefits and costs of the African Development Fund, the Asian 
Development Fund, a special fund of the Asian Development Bank, the 
International Fund for Agricultural Development, and the Fund for 
Special Operations of the Inter-American Development Bank, providing 
grants instead of loans.

SEC. 8. COMMENDATION.

    (a) Findings.--The Congress finds that--
            (1) the African Development Bank and Fund elected Omar 
        Kabbaj, an official of the Ministry of Finance of Morocco, as 
        the new President in 1995;
            (2) President Kabbaj implemented successful fiscal and 
        managerial reforms, including refocusing the activity of the 
        African Development Fund on poverty alleviation;
            (3) under the leadership of President Kabbaj, the African 
        Development Bank began to issue yearly portfolio status reports 
        reflecting improved project monitoring and supervision;
            (4) President Kabbaj successfully emphasized the importance 
        of project post-evaluation in helping the Bank avoid problems 
        identified with earlier funded projects;
            (5) President Kabbaj has taken a program approach where all 
        stakeholders, including the beneficiaries of the borrower 
        countries, are involved in program design and implementation;
            (6) President Kabbaj was unanimously appointed to a second 
        5-year term in May 2000; and
            (7) under the leadership of President Kabbaj, on June 6, 
        2001, Standard & Poor's revised the outlook on its AA+ long 
        term issuer ratings of the African Development Bank to stable 
        from negative.
    (b) Commendation.--The Congress, on behalf of the people of the 
United States, commends President Omar Kabbaj for his successful reform 
efforts as President of the African Development Bank and Fund, and 
encourages his continued efforts at reform.
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