,,ii #aad? ,,congress #a/ ,session ,s4 #ahhb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #bi1 #bjae ,mr4 ,c>d9 7= himself & ,mr4 ,kirk7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,=eign ,relations ,a ,,bill ,to support ! su/a9able recov]y & rebuild+ ( ,nepal foll[+ ! rec5t1 deva/at+ e>?quakes ne> ,ka?m&u4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,nepal ,recov]y ,act4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,=eign ,relations ( ! ,s5ate2 7,b7 ! ,committee on ,appropriations ( ! ,s5ate2 7,c7 ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives2 & 7,d7 ! ,committee on ,appropriations ( ! ,h\se ( ,repres5tatives4 7#b7 ,int]national f9ancial in/itution ,! t]m int]national f9ancial in/itution means-- 7,a7 ea* ( ! in/itutions li/$ 9 section #agja7;c77#b7 ( ! ,int]national ,f9ancial ,in/itutions ,act 7#bb ,u4,s4,c4 #bfbr7c77#b772 & 7,b7 ! ,int]national ,developm5t ,fund = ,agricultural ,developm5t4 #c4 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,on ,april #be1 #bjae1 an e>?quake measur+ #g4h on ! ,ri*t] scale & a subsequ5t e>?quake on ,may #ab measur+ #g4c on ! ,ri*t] scale & num]\s aft]%ocks-- 7,a7 deva/at$ ,ka?m&u1 ,nepal & ! surr\nd+ areas2 7,b7 kill$ m ?an #h1gjj p2 7,c7 injur$ hundr$s ( ?\s&s additional p2 7,d7 de/roy$ or damag$ m ?an #ggj1jjj homes1 leav+ ! families :o _h be5 liv+ 9 ^? homes )\t %elt]2 7,e7 damag$ or de/roy$ m ?an #dg1jjj classrooms2 7,f7 damag$ or de/roy$ ov] #a1jjj heal? facilities includ+ prim>y heal? c>e c5t]s & bir?+ c5t]s2 7,g7 left _m p ) newly acquir$ disabilities1 includ+ lo/ limbs & o!r physical & m5tal trauma2 7,h7 sev]ely impact$ livelihoods & food security = millions ( p1 includ+ ! de/ruction ( /ockpil$ gra9s & ! loss ( m ?an #ag1jjj cattle & #dj1jjj small] dome/icat$ animals2 & 7,i7 disrupt$ social /ructures & families ?r\gh dea?1 injury1 & relocation4 7#b7 ,! e>?quake deva/at$ ,nepal's infra/ructure1 includ+ homes1 (fices1 factories1 roads1 bridges1 communications1 & o!r facilities4 7#c7 ,am]ican citiz5s 7 also kill$ 9 ! widespread de/ruction caus$ by ! e>?quake4 7#d7 ,six ,am]ican s]vice memb]s & #b memb]s ( ! ,nepalese ,army lo/ _! lives 9 a helicopt] accid5t :ile work+ to relieve ! suff]+ ( ! ,nepalese p foll[+ ! e>?quake4 7#e7 ,! ,_w ,bank & ! ,gov]nm5t ( ,nepal conduct$ a po/ disa/] ne$s assessm5t t e/imat$ almo/ #f1gjj1jjj1jjj 9 sector specific damage1 losses1 & recov]y ne$s4 7#f7 ,9 ,nepal1 :i* is "o ( ! poore/ c\ntries 9 ! _w-- 7,a7 an e/imat$ #be p]c5t ( ! population lives on less ?an #a4be p] day2 7,b7 !re is a #df-p]c5t unemploym5t rate1 ) ! majority ( ! population engag$ 9 subsi/5ce agriculture2 7,c7 only #be p]c5t ( ,nepalese p>ticipate 9 ! =mal bank+ sy/em1 ) ! majority ( ,nepalese sev]ely lack+ access to cr$it & f9ancial s]vices1 mak+ access+ cr$it = rebuild+ difficult2 & 7,d7 has "o ( ! sl[e/ economic gr[? rates 9 ! region4 7#g7 ,nepal be>s a significant burd5 ( national debt1 :i* h9d]s recov]y4 7#h7 ,"s ( ! inve/m5ts creat$ f loans to ,nepal 7 lo/ 9 ! e>?quake1 b ! c\ntry is /ill obligat$ to pay (f ! loans4 7#i7 ,! geography ( ,nepal poses a significant *all5ge to relief1 recon/ruction1 & developm5t t requires extraord9>y ef=ts & assets to ov]come4 7#aj7 ,! ,unit$ ,/ates ,gov]nm5t1 ! ,gov]nm5t ( ,nepal1 & civil society organizations h inve/$ 9 disa/] risk r$uction ef=ts = ne>ly #bj ye>s4 ,^? ef=ts h r$uc$ suff]+ & prev5t$ great] loss ( life & prop]ty4 7#aa7 ,9 rec5t ye>s1 ! ,gov]nm5t & p ( ,nepal h tak5 important /eps =w>d to resolve civil conflict1 reconcile1 & promote economic gr[? & developm5t4 7#ab7 ,nepal has qualifi$ = ! ,mill5nium ,*all5ge ,corporation ,?re%old ,program & has be5 select$ = a ,mill5nium ,*all5ge ,corporation ,compact1 bas$ on its p]=mance on key selection crit]ia4 7#ac7 ,unit$ ,/ates trade pref]5ce programs1 :i* ext5d duty-free t>iff treatm5t1 c\ld accel]ate ,nepal's ef=ts to ree/abli% economic gr[?4 7#ad7 ,! e>?quake has significantly increas$ ! co/s & unc]ta9ty ( do+ bus9ess 9 ,nepal4 7#ae7 ,a /rong & unequivocal commitm5t f ! ,unit$ ,/ates is ne$$-- 7,a7 to help ,nepal (fset ! co/s ( do+ bus9ess 9 ,nepal2 7,b7 to pres]ve ! ga9s made ) ,unit$ ,/ates assi/ance2 & 7,c7 to enc\rage buy]s & inve/ors to /& ) ,nepal ?r\gh ?is crisis4 #d4 ,/atem5t ( policy ,x is ! policy ( ! ,unit$ ,/ates1 9 p>tn]%ip ) ! ,gov]nm5t ( ,nepal & 9 coord9ation ) ! int]national community-- 7#a7 to support ! su/a9able recov]y & rebuild+ ( ,nepal 9 a mann] t-- 7,a7 enc\rages great] economic gr[?2 7,b7 embraces ! indep5d5ce1 resili5ce1 & democratic gov]nance ( ,nepal2 7,c7 supports collaboration ) ! ,gov]nm5t ( ,nepal & consultation ) ,nepalese & int]national civil society & includ+ ! p>ticipation ( affect$ communities 9 plann+ & implem5t+ recov]y & recon/ruction2 7,d7 is transp>5t & equitably rea*es ! mo/ sev]ely affect$ communities1 p>ticul>ly ^? 9 h>d-to-rea* areas or :o are o!rwise m>g9aliz$2 7,e7 d$icates significant res\rces to address+ ! vuln]ability ( "y girls & boys :o are (t5 at mu* high] risk ( traffick+1 sexual exploitation1 *ild labor1 & o!r =ms ( abuse dur+ em]g5cies2 7,f7 prohibits ! p>ticipation ( ! ,unit$ ,/ates 9 any con/ruction ef=t1 :i* uses =c$ or *ild labor1 unregi/]$ recruitm5t ag5cies1 or pays wages ?r\gh means o!r ?an directly to ! labor] or to _! bank acc\nt2 7,g7 promotes-- 7i7 ! utilization ( full-"t1 ,nepalese labor]s t are paid n less ?an a liv+ wage2 & 7ii7 compliance ) ,nepalese labor law & ,int]national ,labor ,organization core labor /&>ds1 includ+ workplace heal? & safety2 7,h7 incorporates ! pot5tial ( wom5 & m5 to contribute equally & to _! maximum effici5cy2 7,i7 h>nesses ! en]gy ( y\?1 :o make up #cc p]c5t ( ,nepal's population1 to rebuild ,nepal2 7,j7 rebuilds 9 ways t fo/] resili5ce to future e>?quakes1 l&slides1 & o!r natural disa/]s t ?reat5 ,nepal2 7,k7 enables a rapid return to s*ool = *ildr51 includ+ ! rapid con/ruction & effective utilization ( m$ium t]m tempor>y s*ool /ructures2 & 7,l7 coord9ates activities ) ! ,mill5nium ,*all5ge ,corporation & o!r ag5cies to assure ! optimal effectiv5ess ( ,unit$ ,/ates ef=ts4 7#b7 to /rongly enc\rage ! completion & ratification ( a new con/itution t w s]ve z a /rong f\ndation = ,nepal to build back ! sy/ems & infra/ructure ev5 bett] ?an be=e ! disa/]2 7#c7 to enc\rage all int]national donors to contribute & coord9ate 9 a transp>5t mann] & report all contributions ?r\gh int]national me*anisms to enable ! mo/ effici5t allocation ( all recon/ruction res\rces2 7#d7 to ensure t previ\sly ongo+ developm5t inve/m5ts 9 heal?1 education1 economic gr[?1 food security1 & o!r areas cont9ue1 :]e appropriate1 & are n div]t$ to o!r purposes1 & additional res\rces are d$icat$ = e>?quake recov]y2 7#e7 to support debt relief = ! ,gov]nm5t ( ,nepal 9 ord] to exp& & ha/5 gov]nm5t-l$ recon/ruction2 7#f7 to affirm & build a long-t]m p>tn]%ip ) ,nepal 9 support ( provid+ a f\ndation = economic gr[? & su/a9ability ?r\gh inve/m5ts-- 7,a7 9 ess5tial infra/ructure1 includ+ transport1 f9ancial s]vices1 & en]gy2 7,b7 to rebuild ,nepal's competitiv5ess & private sector 9 ord] to fo/] employm5t g5]ation1 includ+ policies to enc\rage inve/m5t & op5 _w consum] m>kets to ,nepalese exports2 7,c7 9 food security & rural & agricultural developm5t1 p>ticul>ly ( food /aples & o!r crops t provide economic gr[? & build la/+ food security2 & 7,d7 t recognize & address h[ ob/acles relat$ to g5d] limit1 h9d]1 or suppress ! economic productivity & ga9 ( wom52 7#g7 to r$uce b>ri]s to fa/ & effective recov]y & recon/ruction includ+ by limit+ or elim9at+ unnecess>y importation duties or re/rictions on relief & recov]y commodities t w be provid$ to ,nepalese 9 ne$ & n sold2 7#h7 to ensure1 ) ! ,gov]nm5t ( ,nepal1 t affect$ *ildr5 are protect$ f pot5tial viol5ce1 abuse1 neglect1 & exploitation & h ! ability to access *ild protection s]vices1 includ+ psy*osocial support2 7#i7 to support1 9 coord9ation ) o!r donors-- 7,a7 ! in/itutional developm5t & capacity build+ ( ! ,gov]nm5t ( ,nepal at ! national1 local1 & community levels s t ! ,gov]nm5t ( ,nepal c ensure basic s]vices = its population1 includ+ heal? c>e1 education1 & o!r basic social s]vices2 7,b7 significant contributions to a multilat]al tru/ fund t w be e/abli%$ to enhance ! recon/ruction & rebuild+ ( ,nepal2 7,c7 ! ,gov]nm5t & p ( ,nepal to lead ! vision = recon/ruction & rebuild+ ( ,nepal2 & 7,d7 communities to fully p>ticipate 9 ! recov]y & recon/ruction process1 by employ+ local labor & consult+ local lead]s1 affect$ communities1 & civil society = _! exp]i5ce & vision2 7#aj7 to address ! /ateless populations 9 ,nepal displac$ by ! e>?quake includ+ p :o-- 7,a7 are lea/ likely to receive support ?r\gh ! regul> gov]nm5t sy/ems2 & 7,b7 may h p>ticul>ly great] ne$s2 7#aa7 to prioritize ! provision ( excess def5se articles1 includ+ small aircraft1 to ,nepal to assi/ 9 se>*1 relief1 & rescue ef=ts relat$ to e>?quakes & future humanit>ian crises2 & 7#ab7 to utilize e regulatory & adm9i/rative flexibility available to m9imize bureaucratic requirem5ts & exp$ite all relief & recov]y actions4 #e4 ,f9ancial assi/ance 7a7 ,debt relief = nepal 7#a7 ,cancellation ( debt ,! ,secret>y ( ! ,treasury %\ld direct ! ,unit$ ,/ates ,executive ,director to ea* int]national f9ancial in/itution to advocate1 by voice & vote1 9 su* in/itution-- 7,a7 ! cancellation ( any & all rema9+ debt obligations ( ,nepal1 includ+ debt obligations incurr$ aft] ! date ( ! enactm5t ( ?is ,act2 7,b7 ! provision ( debt s]vice relief = all rema9+ paym5ts ( ,nepal until ! debt c be cancell$2 & 7,c7 to ! ext5t practicable1 ! ext5sion ( any new assi/ance to ,nepal prim>ily 9 ! =m ( grants in/ead ( loans4 7#b7 ,secur+ o!r relief = nepal ,! ,secret>y ( ! ,treasury & ! ,secret>y ( ,/ate %\ld use all appropriate diplomatic influ5ce to secure ! cancellation ( any & all rema9+ bilat]al debt ( ,nepal4 7b7 ,tru/ fund = infra/ructure inve/m5t ,! ,secret>y ( ! ,treasury %\ld support ! creation & utilization ( a ,_w ,bank tru/ fund = ,nepal t w\ld lev]age pot5tial ,unit$ ,/ates contributions & promote bilat]al donations to su* a fund = ! purpose ( promot+ transp>5cy1 donor coord9ation1 & ,nepalese own]%ip1 & consultation ) civil society1 p>ticul>ly :5 mak+ inve/m5ts 9 ,nepal's infra/ructure1 su* z-- 7#a7 electric grids2 7#b7 roads2 7#c7 wat] & sanitation facilities2 7#d7 agricultural infra/ructure1 7#e7 hi/orical h]itage sites2 & 7#f7 o!r critical infra/ructure projects4 7c7 ,nepal ,recov]y ,private ,inve/m5t ,fund 7#a7 ,9 g5]al ,! ,unit$ ,/ates ,gov]nm5t may e/abli% a ,nepal ,recov]y ,private ,inve/m5t ,fund 7ref]r$ to 9 ?is subsection z ! ,fund71 made available f exi/+ appropriations1 to provide loans1 equity inve/m5ts & o!r =ms ( support to small- & m$ium-siz$ private ent]prises ) ! purpose (-- 7,a7 promot+ ! developm5t ( ,nepal's private sector1 p>ticul>ly small- & m$ium-siz$ ent]prises2 7,b7 promot+ & te/+ innovative policies & practices to /r5g!n ,nepal's private sector2 7,c7 enhanc+ dome/ic eng9e]+1 con/ruction1 & acc\nt+ capacity2 7,d7 advanc+ good gov]nance & transp>5cy 9 ,nepal1 p>ticul>ly )9 ! private sector2 7,e7 creat+ jobs2 & 7,f7 fo/]+ great] adh]5ce to ,nepal's tax code4 7#b7 ,se$ capitalization ,! ,unit$ ,/ates ,ag5cy = ,int]national ,developm5t may provide a se$ inve/m5t to capitalize ! funds to be mat*$ or exce$$ by inve/m5ts f private equity firms1 z well z private funds rais$ f o!r limit$ inve/ors4 7#c7 ,adm9i/ration ,! ,fund %all be adm9i/]$ by an entity1 ei!r e/abli%$ or designat$ by ! ,unit$ ,/ates ,gov]nm5t = ?is purpose1 :i* is "u ! sup]vision ( a bo>d ( directors consi/+ ( #d private citiz5s f ! ,unit$ ,/ates & #c private citiz5s f ,nepal4 7#d7 ,duration ,! ,fund %\ld liquidate its assets & dissolve n lat] ?an ,april #be1 #bjcj1 unless ! ,secret>y ( ,/ate det]m9es t ! ,fund %\ld be ext5d$4 ,any long-t]m pr(its f ! ,fund %all be us$ 9 ,nepal to fur!r ! purposes ( disa/] risk r$uction & prep>$ness4 7d7 ,fa/-,track ( inve/m5t feasibility & assessm5t /udies 7#a7 ,9 g5]al ,! ,director ( ! ,unit$ ,/ates ,trade & ,developm5t ,ag5cy %all proactively explore & may provide accel]at$ response 9 ,nepal =-- 7,a7 project id5tification & inve/m5t analyses2 7,b7 trade capacity build+ & sector developm5t activities1 includ+ te*nical assi/ance & feasibility /udies t support inve/m5ts 9 infra/ructure t contribute to ov]seas developm5t2 & 7,c7 trade capacity build+ & sector developm5t assi/ance support+ ! e/abli%m5t ( indu/ry /&>ds1 rules1 regulations1 m>ket lib]alization1 & o!r policy re=m ) a p>ticul> focus on eng9e]+ & con/ruction4 #f4 ,reports 7a7 ,report on impact ( disa/] risk r$uction ef=ts ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,adm9i/rator ( ! ,unit$ ,/ates ,ag5cy = ,int]national ,developm5t 7ref]r$ to 9 ?is section z ! ,adm9i/rator7 %all submit a report to ! appropriate congressional committees t-- 7#a7 analyzes h[ ! ,unit$ ,/ates inve/m5ts 9 ,nepal dur+ ! la/ #bj ye>s 9 disa/] risk r$uction & e>?quake resili5ce sav$ lives1 r$uc$ suff]+1 & r$uc$ prop]ty damage & economic losses dur+ ! e>?quake & subsequ5t aft]%ocks2 & 7#b7 includes a set ( recomm5dations = h[ disa/] risk & recov]y programs c be improv$ 9 ,nepal & o!r c\ntries ) sub/antial disa/] risk & recov]y programm+4 7b7 ,report on humanit>ian relief ef=ts ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,adm9i/rator1 9 consultation ) ! ,secret>y ( ,def5se1 %all submit a report to ! appropriate congressional committees t describes ! co/1 effectiv5ess1 timel9ess1 & impact ( ! int]national humanit>ian assi/ance provid$ to ,nepal4 #g4 ,au?orization ( appropriations 7a7 ,am\nts au?oriz$ ,9 addition to fund+ previ\sly d$icat$ to developm5t 9 ,nepal & any int]national disa/] assi/ance res\rces made available = imm$iate humanit>ian response activities1 !re are au?oriz$ to be appropriat$1 ei!r z "p ( ! regul> appropriation process or z "p ( supplem5t>y appropriations1 to c>ry out ! policies & objectives set =? 9 ?is ,act-- 7#a7 #bjj1jjj1jjj = fiscal ye> #bjaf2 7#b7 #bjj1jjj1jjj = fiscal ye> #bjag2 & 7#c7 #ajj1jjj1jjj = fiscal ye> #bjah4 7b7 ,transf]s ,( ! am\nts appropriat$ = ea* fiscal ye> pursuant to subsection 7a7-- 7#a7 ! ,dep>tm5t ( ! ,treasury & ! ,unit$ ,/ates ,ag5cy = ,int]national ,developm5t may contribute to a multi-donor tru/ fund = recon/ruction & recov]y exp5ses relat$ to ,nepal foll[+ ! e>?quake ( ,april #be1 #bjae1 subject to ! regul> notification proc$ures ( ! appropriate congressional committees2 & 7#b7 am\nts may be transf]r$ to ! ,developm5t ,cr$it ,au?ority acc\nt ( ! ,unit$ ,/ates ,ag5cy = ,int]national ,developm5t = ! co/ ( direct loans & loan gu>antees1 not)/&+ ! o!rwise applicable doll> limitations on transf]s to su* acc\nt4 7c7 ,availability ( funds ,am\nts appropriat$ = ea* fiscal ye> pursuant to subsection 7a7 %all rema9 available until exp5d$4