[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6431 Enrolled Bill (ENR)]
H.R.6431
One Hundred Twelfth Congress
of the
United States of America
AT THE SECOND SESSION
Begun and held at the City of Washington on Tuesday,
the third day of January, two thousand and twelve
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.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.