[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6431 Engrossed in House (EH)]
112th CONGRESS
2d Session
H. R. 6431
_______________________________________________________________________
AN ACT
To provide flexibility with respect to United States support for
assistance provided by international financial institutions for Burma,
and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. INTERNATIONAL FINANCIAL INSTITUTIONS.
Upon a determination by the President that it is in the national
interest of the United States to support assistance for Burma, the
Secretary of the Treasury may instruct the United States Executive
Director at any international financial institution to vote in favor of
the provision of assistance for Burma by the institution,
notwithstanding any other provision of law. The President shall provide
the appropriate congressional committees with a written notice of any
such determination.
SEC. 2. CONSULTATION AND NOTIFICATION REQUIREMENT.
(a) Prior to making the determination contained in section 1, the
Secretary of State and the Secretary of the Treasury each shall consult
with the appropriate congressional committees on assistance to be
provided to Burma by an international financial institution, and the
national interests served by such assistance.
(b) The Secretary of the Treasury shall instruct the United States
Executive Director at each international financial institution that the
United States Executive Director may not vote in favor of any provision
of assistance by the institution to Burma until at least 15 days has
elapsed from the date on which the President has provided notice
pursuant to section 1.
SEC. 3. DEFINITIONS.
In this Act:
(1) The term ``appropriate congressional committees'' means
the Committees on Foreign Relations, Banking, Housing, and
Urban Affairs, and Appropriations of the Senate, and the
Committees on Financial Services, Foreign Affairs, and
Appropriations of the House of Representatives.
(2) The term ``assistance'' means any loan or financial or
technical assistance, or any other use of funds.
(3) The term ``international financial institution'' shall
have the same meaning as contained in section 7029(d) of
division I of Public Law 112-74.
Passed the House of Representatives September 19, 2012.
Attest:
Clerk.
112th CONGRESS
2d Session
H. R. 6431
_______________________________________________________________________
AN ACT
To provide flexibility with respect to United States support for
assistance provided by international financial institutions for Burma,
and for other purposes.