[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6431 Received in Senate (RDS)]

112th CONGRESS
  2d Session
                                H. R. 6431


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                   IN THE SENATE OF THE UNITED STATES

                           September 20, 2012

                                Received

_______________________________________________________________________

                                 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:

                                                 KAREN L. HAAS,

                                                                 Clerk.