,,ii  #aae? ,,congress  #b;d ,session   
,s4 #bdfc  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,febru>y #bg1 #bjah,mr4
 ,cork] 7= himself1 ,mr4 ,coons1 ,mr4   
,isakson1 ,mr4 ,murphy1 ,mr4 ,"y1 ,mrs4 
,%ahe51 ,mr4 ,portman1 & ,mr4 ,ka9e7    
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,=eign
 ,relations  ,a ,,bill  ,to e/abli% !   
,unit$ ,/ates ,int]national ,developm5t 
,f9ance ,corporation1 & = o!r purposes4 
#a4 ,%ort title2 table ( cont5ts  7a7   
,%ort title ,?is ,act may be cit$ z !   
,bett] ,utilization ( ,inve/m5ts ,lead+ 
to ,developm5t ,act ( #bjah or ! ,,build
 ,act ( #bjah4  7b7 ,table ( cont5ts ,! 
table ( cont5ts = ?is ,act is z foll[s3 
,sec4 #a4 ,%ort title2 table ( cont5ts4 
,sec4 #b4 ,def9itions4 ,,title          
,i--,e/abli%m5t ,sec4 #aja4 ,/atem5t (  
policy4 ,sec4 #ajb4 ,unit$ ,/ates       
,int]national ,developm5t ,f9ance       
,corporation4 ,sec4 #ajc4 ,managem5t (  
,corporation4 ,sec4 #ajd4 ,inspector    
,g5]al ( ! ,corporation4 ,,title        

,,ii--,au?orities ,sec4 #bja4           
,au?orities relat+ to provision (       
support4 ,sec4 #bjb4 ,t]ms & conditions4
 ,sec4 #bjc4 ,paym5t ( losses4 ,sec4    
#bjd4 ,t]m9ation4 ,,title               
,,iii--,adm9i/rative & g5]al provisions 
,sec4 #cja4 ,op]ations4 ,sec4 #cjb4     
,corporate p[]s4 ,sec4 #cjc4 ,maximum   
cont+5t liability4 ,sec4 #cjd4          
,corporate funds4 ,sec4 #cje4           
,coord9ation ) ,mill5nium ,*all5ge      
,corporation on con/ra9ts analysis4     
,,title ,,iv--,monitor+1 evaluation1 &  
report+ ,sec4 #dja4 ,e/abli%m5t ( risk &
 audit committees4 ,sec4 #djb4 ,p]=mance
 measures4 ,sec4 #djc4 ,annual report4  
,sec4 #djd4 ,publicly available project 
in=mation4 ,sec4 #dje4 ,audits &        
f9ancial /atem5ts ( ! ,corporation4     
,sec4 #djf4 ,engagem5t ) inve/ors4      
,,title ,v--,conditions1 re/rictions1 & 
prohibitions ,sec4 #eja4 ,limitations & 
pref]5ces4 ,sec4 #ejb4 ,additionality & 
avoidance ( m>ket di/ortion4 ,sec4 #ejc4
 ,prohibition on support 9 sanction$    

c\ntries & ) sanction$ p]sons4 ,sec4    
#ejd4 ,p5alties = misrepres5tation1     
fraud1 & brib]y4 ,sec4 #eje4 ,m>ket     
displacem5t by /ate-own$ ent]prises &   
monopolies4 ,,title ,,vi--,transitional 
provisions ,sec4 #fja4 ,def9itions4     
,sec4 #fjb4 ,reorganization plan4 ,sec4 
#fjc4 ,transf] ( functions4 ,sec4 #fjd4 
,t]m9ation ( ,ov]seas ,private ,inve/m5t
 ,corporation & o!r sup]c$$ au?orities4 
,sec4 #fje4 ,transitional au?orities4   
,sec4 #fjf4 ,sav+s provisions4 ,sec4    
#fjg4 ,o!r t]m9ations4 ,sec4 #fjh4      
,incid5tal transf]s4 ,sec4 #fji4        
,ref]5ce4 ,sec4 #faj4 ,con=m+ am5dm5ts4 
#b4 ,def9itions ,9 ?is ,act3 7#a7       
,appropriate congressional committees ,!
 t]m appropriate congressional          
committees means--  7,a7 ! ,committee on
 ,=eign ,relations & ! ,committee on    
,appropriations ( ! ,s5ate2 &  7,b7 !   
,committee on ,=eign ,affairs & !       
,committee on ,appropriations ( ! ,h\se 
( ,repres5tatives4  7#b7 ,less develop$ 
c\ntry ,! t]m less develop$ c\ntry means

 a c\ntry ) a l[-income economy1        
l[]-middle-income economy1 or           
upp]-middle-income economy1 z def9$ by !
 ,int]national ,bank = ,recon/ruction & 
,developm5t & ! ,int]national           
,developm5t ,association 7collectively  
ref]r$ to z ! ,_w ,bank74  7#c7         
,pr$ecessor au?ority ,! t]m pr$ecessor  
au?ority means au?orities repeal$ by    
title ,,vi4  7#d7 ,qualify+ sov]eign    
entity ,! t]m qualify+ sov]eign entity  
means--  7,a7 any ag5cy or in/rum5tality
 ( a =eign /ate 7z def9$ 9 section #afjc
 ( title #bh1 ,unit$ ,/ates ,code72 &   
7,b7 any int]national f9ancial          
in/itution 7z def9$ 9 section #agja7;c7 
( ! ,int]national ,f9ancial ,in/itutions
 ,act 7#bb ,u4,s4,c4 #bfbr7c7774  ,i    
,e/abli%m5t  #aja4 ,/atem5t ( policy ,x 
is ! policy ( ! ,unit$ ,/ates to        
facilitate m>ket-bas$ private sector    
developm5t & economic gr[? 9 less       
develop$ c\ntries ?r\gh ! provision (   
cr$it1 capital1 & o!r f9ancial support--
  7#a7 to mobilize private capital 9    

support ( su/a9able1 broad-bas$ economic
 gr[?1 pov]ty r$uction1 & developm5t    
?r\gh dem&-driv5 p>tn]%ips ) ! private  
sector t fur!r ! =eign policy int]e/s ( 
! ,unit$ ,/ates2  7#b7 to f9ance        
developm5t 9 a way t builds & /r5g!ns   
civic in/itutions1 promotes competition1
 provides = public acc\ntability &      
transp>5cy2  7#c7 to help private sector
 actors ov]come id5tifiable m>ket gaps &
 ineffici5cies )\t di/ort+ m>kets2  7#d7
 to a*ieve cle>ly def9$ economic &      
social developm5t outcomes2  7#e7 to    
coord9ate ) in/itutions ) purposes      
simil> to ! purposes ( ! ,corporation to
 lev]age res\rces ( ^? in/itutions to   
produce ! greate/ impact2  7#f7 to help 
c\ntries curr5tly receiv+ ,unit$ ,/ates 
assi/ance to graduate f _! /atus z      
recipi5ts ( assi/ance2  7#g7 to lev]age 
! private sector & innovative developm5t
 tools z a means to less5 ! reliance ( !
 ,unit$ ,/ates on traditional =ms (     
=eign assi/ance ov] "t2 &  7#h7 to      
complem5t & be guid$ by ov]all ,unit$   

,/ates =eign policy & developm5t        
objectives1 tak+ into acc\nt ! policies 
( c\ntries receiv+ support4  #ajb4      
,unit$ ,/ates ,int]national ,developm5t 
,f9ance ,corporation  7a7 ,e/abli%m5t   
,!re is e/abli%$ 9 ! ,executive bran* ! 
,unit$ ,/ates ,int]national ,developm5t 
,f9ance ,corporation 79 ?is ,act ref]r$ 
to z ! ,corporation71 :i* %all be a     
:olly own$ ,gov]nm5t corporation 7z     
def9$ 9 section #iaja ( title #ca1      
,unit$ ,/ates ,code74  7b7 ,purpose ,!  
purpose ( ! ,corporation %all be to     
mobilize & facilitate ! p>ticipation (  
private sector capital & skills 9 !     
economic developm5t ( less develop$     
c\ntries1 z describ$ 9 subsection 7c71 &
 c\ntries 9 transition f nonm>ket to    
m>ket economies1 9 ord] to complem5t !  
developm5t assi/ance objectives1 &      
advance ! =eign policy int]e/s1 ( !     
,unit$ ,/ates4 ,9 c>ry+ out its purpose1
 ! ,corporation1 utiliz+ broad crit]ia1 
%all take into acc\nt 9 its f9anc+      
op]ations ! economic & f9ancial s\ndness

 ( projects = :i* x provides support "u 
title ,,ii4  7c7 ,less develop$ economy 
focus  7#a7 ,9 g5]al ,! ,corporation    
%all prioritize ! provision ( support "u
 title ,,ii 9 c\ntries ) l[-income      
economies or l[]-middle-income          
economies1 z def9$ by ! ,_w ,bank4  7#b7
 ,support 9 c\ntries )                  
upp]-middle-income economies ,!         
,corporation %all re/rict ! provision ( 
support "u title ,,ii 9 a c\ntry ) an   
upp]-middle-income economy1 z def9$ by !
 ,_w ,bank1 unless--  7,a7 ! ,presid5t  
det]m9es su* support fur!rs ! national  
economic or =eign policy int]e/s ( !    
,unit$ ,/ates2 &  7,b7 su* support is   
likely to be highly developm5tal or     
provide developm5tal b5efits to ! poore/
 population ( t c\ntry4  7d7            
,au?orization ,to make exp5ditures &    
commitm5ts ,! ,corporation may make1 )\t
 reg>d to fiscal ye> limitation1 su*    
exp5ditures & commitm5ts z may be       
necess>y us+ am\nts appropriat$ to !    
,corporation pursuant to section #iajd (

 title #ca1 ,unit$ ,/ates ,code1 &      
o!rwise 9 accordance ) law4  7e7        
,project-,specific transaction co/s n   
adm9i/rative exp5ses ,project-specific  
transaction co/s1 includ+ direct &      
indirect co/s incurr$ 9 claims          
settlem5ts1 & o!r direct co/s associat$ 
) ! provision ( support to private      
sector entities & qualify+ sov]eign     
entities "u title ,,ii1 %all n be       
consid]$ adm9i/rative exp5ses = !       
purposes ( ?is section4  #ajc4          
,managem5t ( ,corporation  7a7 ,/ructure
 ( corporation ,!re %all be 9 !         
,corporation a ,bo>d ( ,directors 79 ?is
 ,act ref]r$ to z ! ,bo>d71 a ,*ief     
,executive ,(fic]1 a ,deputy ,*ief      
,executive ,(fic]1 a ,*ief ,risk ,(fic]1
 & su* o!r (fic]s z ! ,bo>d may det]m9e4
  7b7 ,bo>d ( ,directors  7#a7 ,duties  
,all p[]s ( ! ,corporation %all ve/ 9 & 
be ex]cis$ by or "u ! au?ority ( !      
,bo>d4 ,! ,bo>d--  7,a7 %all p]=m !     
functions specifi$ to be c>ri$ out by ! 
,bo>d 9 ?is ,act2 &  7,b7 may prescribe1

 am5d1 & repeal bylaws1 rules1          
regulations1 & proc$ures gov]n+ ! mann] 
9 :i* ! bus9ess ( ! ,corporation may be 
conduct$ & 9 :i* ! p[]s grant$ to !     
,corporation by law may be ex]cis$4     
7#b7 ,memb]%ip ( ,bo>d  7,a7 ,9 g5]al ,!
 ,bo>d %all consi/ (-- 7i7 ! ,*ief      
,executive ,(fic] ( ! ,corporation2     
7ii7 ! (fic]s specifi$ 9 subp>agraph    
7,b72 &  7iii7 f\r o!r individuals :o   
%all be appo9t$ by ! ,presid5t1 by & ) !
 advice & cons5t ( ! ,s5ate1 ( :i*--    
7,i7 "o individual %\ld be appo9t$ f    
among a li/ ( individuals submitt$ by ! 
majority lead] ( ! ,s5ate aft]          
consultation ) ! *airman ( ! ,committee 
on ,=eign ,relations ( ! ,s5ate2  7,,ii7
 "o individual %\ld be appo9t$ f among a
 li/ ( individuals submitt$ by ! m9ority
 lead] ( ! ,s5ate aft] consultation ) ! 
rank+ memb] ( ! ,committee on ,=eign    
,relations ( ! ,s5ate2  7,,iii7 "o      
individual %\ld be appo9t$ f among a li/
 ( individuals submitt$ by ! ,speak] ( !
 ,h\se ( ,repres5tatives aft]           

consultation ) ! *airman ( ! ,committee 
on ,=eign ,affairs ( ! ,h\se (          
,repres5tatives2 &  7,,iv7 "o individual
 %\ld be appo9t$ f among a li/ (        
individuals submitt$ by ! m9ority lead] 
( ! ,h\se ( ,repres5tatives aft]        
consultation ) ! rank+ memb] ( !        
,committee on ,=eign ,affairs ( ! ,h\se 
( ,repres5tatives4  7,b7 ,(fic]s        
specifi$  7i7 ,9 g5]al ,! (fic]s        
specifi$ 9 ?is subp>agraph are ! foll[+3
 7,i7 ,! ,secret>y ( ,/ate or a designee
 ( ! ,secret>y4  7,,ii7 ,! ,adm9i/rator 
( ! ,unit$ ,/ates ,ag5cy = ,int]national
 ,developm5t or a designee ( !          
,adm9i/rator4  7,,iii7 ,! ,secret>y ( ! 
,treasury or a designee ( ! ,secret>y4  
7,,iv7 ,! ,secret>y ( ,comm]ce or a     
designee ( ! ,secret>y4  7ii7           
,requirem5ts = designees ,a designee "u 
clause 7i7 %all be select$ f among      
(fic]s-- 7,i7 appo9t$ by ! ,presid5t1 by
 & ) ! advice & cons5t ( ! ,s5ate2      
7,,ii7 ^: duties relate to ! programs ( 
! ,corporation2 &  7,,iii7 :o is        

designat$ by & s]v+ at ! pleasure ( !   
,presid5t4  7,c7 ,requirem5ts = private 
sector memb]s ,a memb] ( ! ,bo>d        
describ$ 9 subp>agraph 7,a77iii7-- 7i7  
may n be an (fic] or employee ( ! ,unit$
 ,/ates ,gov]nm5t2  7ii7 %all h relevant
 private sector exp]i5ce to c>ry out !  
purposes ( ! ,corporation2  7iii7 %all  
be appo9t$ = a t]m ( #c ye>s & may be   
reappo9t$ = "o additional t]m2  7iv7    
%all s]ve until ! memb]'s successor is  
appo9t$ & confirm$2  7v7 %all be        
comp5sat$ at a rate equival5t to t (    
level ,,iv ( ! ,executive ,s*$ule "u    
section #ecae ( title #e1 ,unit$ ,/ates 
,code1 :5 engag$ 9 ! bus9ess ( !        
,corporation2 &  7vi7 may be paid p]    
diem 9 lieu ( subsi/5ce at ! applicable 
rate "u ! ,f$]al ,travel ,regulation "u 
subtitle ,f ( title #da1 ,code ( ,f$]al 
,regulations1 f "t to "t1 :ile away f ! 
home or usual place ( bus9ess ( ! memb]4
  7#c7 ,*airp]son ,!re %all be a        
,*airp]son ( ! ,bo>d designat$ by !     
,presid5t f among ! individuals describ$

 9 p>agraph 7#b77;,a74  7#d7 ,vice      
*airp]son ,! ,adm9i/rator ( ! ,unit$    
,/ates ,ag5cy = ,int]national           
,developm5t1 or ! designee ( !          
,adm9i/rator "u p>agraph                
7#b77;,b77i77,,ii71 %all s]ve z ! ,vice 
,*airp]son ( ! ,bo>d4  7#e7 ,quorum ,six
 memb]s ( ! ,bo>d %all con/itute a      
quorum = ! transaction ( bus9ess by !   
,bo>d4  7c7 ,public he>+s  7#a7 ,public 
he>+s by ! bo>d ,! ,bo>d %all hold at   
lea/ "o public he>+ ea* ye> 9 ord] to   
af=d an opportunity = any p]son to      
pres5t views ) respect to :e!r--  7,a7 !
 ,corporation is c>ry+ out its          
activities 9 accordance ) ?is ,act2 &   
7,b7 any support provid$ by !           
,corporation "u title ,,ii 9 any c\ntry 
%\ld h be5 or %\ld be ext5d$4  7#b7     
,additional public he>+s ,9 conjunction 
) ea* meet+ ( ! ,bo>d1 ! ,corporation   
%all hold a public he>+ 9 ord] to af=d  
an opportunity = any p]son to pres5t    
views reg>d+ ! activities ( !           
,corporation4 ,su* views %all be made "p

 ( ! record4  7d7 ,*ief ,executive      
,(fic]  7#a7 ,appo9tm5t ,!re %all be 9 !
 ,corporation a ,*ief ,executive ,(fic]1
 :o %all be appo9t$ by ! ,presid5t1 by &
 ) ! advice & cons5t ( ! ,s5ate1 & :o   
%all s]ve at ! pleasure ( ! ,presid5t4  
7#b7 ,au?orities & duties ,! ,*ief      
,executive ,(fic] %all be responsible = 
! managem5t ( ! ,corporation & %all     
ex]cise ! p[]s & dis*>ge ! duties ( !   
,corporation subject to ! bylaws1 rules1
 regulations1 & proc$ures e/abli%$ by ! 
,bo>d4  7#c7 ,relation%ip to bo>d ,!    
,*ief ,executive ,(fic] %all report to &
 be "u ! direct au?ority ( ! ,bo>d4     
7#d7 ,comp5sation ,section #ecac ( title
 #e1 ,unit$ ,/ates ,code1 is am5d$ by   
add+ at ! end ! foll[+3  ,*ief          
,executive ,(fic]1 ,unit$ ,/ates        
,int]national ,developm5t ,f9ance       
,corporation4 4  7e7 ,deputy ,*ief      
,executive ,(fic] ,!re %all be 9 !      
,corporation a ,deputy ,*ief ,executive 
,(fic]1 :o %all be appo9t$ by !         
,presid5t1 by & ) ! advice & cons5t ( ! 

,s5ate1 & :o %all s]ve at ! pleasure ( !
 ,presid5t4  7f7 ,*ief ,risk ,(fic]     
7#a7 ,appo9tm5t ,subject to ! approval (
 ! ,bo>d1 ! ,*ief ,executive ,(fic] ( ! 
,corporation %all appo9t a ,*ief ,risk  
,(fic]1 f among individuals ) exp]i5ce  
at a s5ior level 9 f9ancial risk        
managem5t1 :o--  7,a7 %all h z ! (fic]'s
 sole function to s]ve z ,*ief ,risk    
,(fic] ( ! ,corporation2  7,b7 %all     
report directly to ! ,bo>d2 &  7,c7 %all
 be removable only by a majority vote ( 
! ,bo>d4  7#b7 ,duties ,! ,*ief ,risk   
,(fic] %all1 9 coord9ation ) ! audit    
committee ( ! ,bo>d e/abli%$ "u #dja1   
develop1 implem5t1 & manage a           
compreh5sive process = id5tify+1        
assess+1 monitor+1 & limit+ risks to !  
,corporation1 includ+ ! ov]all portfolio
 ( ! ,corporation4  7g7 ,coord9ation ,! 
,*ief ,executive ,(fic] %all consult ) !
 ,adm9i/rator ( ! ,unit$ ,/ates ,ag5cy =
 ,int]national ,developm5t & ,*ief      
,executive ,(fic] ( ! ,mill5nium        
,*all5ge ,corporation to coord9ate !    

activities ( ! ,corporation ) !         
activities ( ! ,unit$ ,/ates ,ag5cy =   
,int]national ,developm5t & ! ,mill5nium
 ,*all5ge ,corporation1 su* z by        
e/abli%+ 9 ! ,corporation a ,*ief       
,developm5t ,(fic] :o %all h            
responsibility = coord9at+ developm5t   
f9ance policy & implem5tation ef=ts ( ! 
,corporation ) ! ,unit$ ,/ates ,ag5cy = 
,int]national ,developm5t & ! ,mill5nium
 ,*all5ge ,corporation & _! respective  
developm5t missions4  7h7 ,(fic]s &     
employees  7#a7 ,9 g5]al ,except z      
o!rwise provid$ 9 ?is section1 (fic]s1  
employees1 & ag5ts %all be select$ &    
appo9t$ by ! ,corporation1 & %all be    
ve/$ ) su* p[]s & duties z !            
,corporation may det]m9e4  7#b7         
,adm9i/ratively det]m9$ employees  7,a7 
,appo9tm5t2 comp5sation2 removal ,(     
(fic]s & employees employ$ by !         
,corporation "u p>agraph 7#a71 n to     
exce$ #ej may be appo9t$1 comp5sat$1 or 
remov$ )\t reg>d to title #e1 ,unit$    
,/ates ,code4  7,b7 ,re9/atem5t ,"u su* 

regulations z ! ,presid5t may prescribe1
 (fic]s & employees appo9t$ to a        
position "u subp>agraph 7,a7 may be     
entitl$1 ^u removal f su* position      
7unless ! removal 0 = cause71 to        
re9/atem5t to ! position occupi$ at ! "t
 ( appo9tm5t or to a position (         
comp>able grade & sal>y4  7,c7          
,additional positions ,positions        
au?oriz$ by subp>agraph 7,a7 %all be 9  
addition to ^? o!rwise au?oriz$ by law1 
includ+ positions au?oriz$ "u section   
#eajh ( title #e1 ,unit$ ,/ates ,code4  
7,d7 ,rates ( pay = (fic]s & employees  
,! ,corporation may set & adju/ rates ( 
basic pay = (fic]s & employees appo9t$  
"u subp>agraph 7,a7 )\t reg>d to !      
provisions ( *apt] #ea or sub*apt] ,,iii
 ( *apt] #ec ( title #e1 ,unit$ ,/ates  
,code1 relat+ to classification (       
positions & ,g5]al ,s*$ule pay rates1   
respectively4  7#c7 ,liability (        
employees  7,a7 ,9 g5]al ,an individual 
:o is a memb] ( ! ,bo>d or an (fic] or  
employee ( ! ,corporation has no        

liability "u ?is ,act ) respect to any  
claim aris+ out ( or result+ f any act  
or omission by ! individual )9 ! scope (
 ! employm5t ( ! individual 9 connection
 ) any transaction by ! ,corporation4   
7,b7 ,rule ( con/ruction ,subp>agraph   
7,a7 %all n be con/ru$ to limit p]sonal 
liability ( an individual = crim9al acts
 or omissions1 willful or malici\s      
misconduct1 acts or omissions = private 
ga91 or any o!r acts or omissions       
outside ! scope ( ! individual's        
employm5t4  7,c7 ,sav+s provision ,?is  
p>agraph %all n be con/ru$-- 7i7 to     
affect--  7,i7 any o!r immunities &     
protections t may be available to an    
individual describ$ 9 subp>agraph 7,a7  
"u applicable law ) respect to a        
transaction describ$ 9 t subp>agraph2 or
  7,,ii7 any o!r "r or rem$y aga9/ !    
,corporation1 aga9/ ! ,unit$ ,/ates "u  
applicable law1 or aga9/ any p]son o!r  
?an an individual describ$ 9 subp>agraph
 7,a7 p>ticipat+ 9 su* a transaction2 or
  7ii7 to limit or alt] 9 any way !     

immunities t are available "u applicable
 law = ,f$]al (fic]s & employees n      
describ$ 9 ?is p>agraph4  #ajd4         
,inspector ,g5]al ( ! ,corporation  7a7 
,9 g5]al ,section #h;,g7a77#b7 ( !      
,inspector ,g5]al ,act ( #aigh 7#e      
,u4,s4,c4 ,app47 is am5d$ by ins]t+ !   
,unit$ ,/ates ,int]national ,developm5t 
,f9ance ,corporation1 aft] ! ,smi?sonian
 ,in/itution14  7b7 ,ov]sight indep5d5ce
 ,section #h;,g7a77#d7 ( ! ,inspector   
,g5]al ,act ( #aigh 7#e ,u4,s4,c4 ,app47
 is am5d$--  7#a7 9 subp>agraph 7,g71 by
 /rik+ 2 & & ins]t+ a semicolon2  7#b7 9
 subp>agraph 7,i71 by /rik+ ! semicolon 
& ins]t+ 2 &2 &  7#c7 by add+ at ! end !
 foll[+3  7,j7 ) respect to ! ,unit$    
,/ates ,int]national ,developm5t ,f9ance
 ,corporation1 su* t]m means ! ,bo>d (  
,directors ( ! ,unit$ ,/ates            
,int]national ,developm5t ,f9ance       
,corporation2  4  ,,ii ,au?orities      
#bja4 ,au?orities relat+ to provision ( 
support  7a7 ,l5d+ & gu>anties  7#a7 ,9 
g5]al ,! ,corporation may make loans or 

gu>antee loans ^u su* t]ms & conditions 
z ! ,corporation may det]m9e4  7#b7     
,d5om9ation ,loans & gu>anties issu$ "u 
p>agraph 7#a7 may be d5om9at$ &         
repayable 9 ,unit$ ,/ates doll>s or     
=eign curr5cies4  7#c7 ,applicability ( 
,f$]al ,cr$it ,re=m ,act ( #aiij ,loans 
& gu>anties issu$ "u p>agraph 7#a7 %all 
be subject to ! requirem5ts ( ! ,f$]al  
,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 
#ffa et seq474  7b7 ,equity inve/m5ts   
7#a7 ,9 g5]al ,! ,corporation may1 z a  
m9ority inve/or1 support projects )     
funds or use o!r me*anisms = ! purpose (
 pur*as+1 & may make & fund commitm5ts  
to pur*ase1 inve/ 91 make pl$ges 9      
respect (1 or o!rwise acquire1 equity or
 quasi-equity securities or %>es or     
f9ancial int]e/s ( any entity1 includ+ z
 a limit$ p>tn] or o!r inve/or 9        
inve/m5t funds1 ^u su* t]ms & conditions
 z ! ,corporation may det]m9e4  7#b7    
,d5om9ation ,support provid$ "u p>agraph
 7#a7 may be d5om9at$ & repayable 9     
,unit$ ,/ates doll>s or =eign curr5cy4  

7#c7 ,guidel9es & crit]ia ,!            
,corporation %all develop guidel9es &   
crit]ia to require t ! use ( ! au?ority 
provid$ by p>agraph 7#a7 ) respect to a 
project has a cle>ly def9$ developm5t   
rationale1 tak+ into acc\nt ! foll[+    
factors3  7,a7 ,! support = ! project   
w\ld be m likely ?an n to sub/antially  
r$uce or ov]come ! effect ( an id5tifi$ 
m>ket failure 9 ! c\ntry 9 :i* ! project
 is c>ri$ out4  7,b7 ,! project w\ld n h
 proce$$ or w\ld h be5 sub/antially     
delay$ )\t ! support4  7,c7 ,! support w
 mean+fully contribute to trans=m+ local
 conditions to promote ! developm5t (   
m>kets4  7,d7 ,! support c be %[n to be 
align$ ) comm]cial p>tn] inc5tives4     
7,e7 ,! support c be %[n to h           
significant developm5tal impact & w     
contribute to long-t]m comm]cial        
su/a9ability4  7#d7 ,limitations on     
equity inve/m5ts  7,a7 ,p] project limit
 ,! aggregate am\nt ( support provid$ "u
 ?is subsection ) respect to any project
 %all n exce$ #bj p]c5t ( ! aggregate   

am\nt ( all equity inve/m5t made f any  
s\rce to ! project at ! "t t !          
,corporation approves support ( !       
project4  7,b7 ,total limit ,support    
provid$ pursuant to ?is subsection %all 
be limit$ to n m ?an #ce p]c5t ( !      
,corporation's aggregate exposure on !  
date t su* support is provid$4  7#e7    
,sales & liquidation ( position ,!      
,corporation %all seek to sell &        
liquidate any support = a project       
provid$ "u ?is subsection z soon z      
comm]cially feasible1 comm5surate ) o!r 
simil> inve/ors 9 ! project4  7c7       
,insurance & re9surance ,! ,corporation 
may issue insurance or re9surance1 ^u   
su* t]ms & conditions z ! ,corporation  
may det]m9e1 to private sector entities 
& qualify+ sov]eign entities assur+     
protection ( _! inve/m5ts 9 :ole or 9 "p
 aga9/ any or all political risks su* z 
curr5cy inconv]tibility & transf]       
re/rictions1 expropriation1 w>1         
t]rorism1 & civil di/urbance1 brea* (   
contract1 or non-honor+ ( f9ancial      

obligations4  7d7 ,promotion ( & support
 = private inve/m5t opportunities  7#a7 
,9 g5]al ,! ,corporation may initiate & 
support1 ?r\gh f9ancial p>ticipation1   
inc5tive grant1 or o!rwise1 & on su*    
t]ms & conditions z ! ,corporation may  
det]m9e1 feasibility /udies = ! plann+1 
developm5t1 & managem5t (1 & procurem5t 
=1 bilat]al & multilat]al developm5t    
projects1 includ+ tra9+ activities      
und]tak5 9 connection ) su* projects1 = 
! purpose ( promot+ inve/m5t 9 su*      
projects & ! id5tification1 assessm5t1  
survey+1 & promotion ( private inve/m5t 
opportunities1 utiliz+ :]ev] feasible & 
effective1 ! facilities ( private       
inve/ors4  7#b7 ,contributions to co/s  
,! ,corporation %all1 to ! maximum ext5t
 practicable1 require any p]son receiv+ 
funds "u ! au?orities ( ?is subsection  
to--  7,a7 %>e ! co/s ( feasibility     
/udies & o!r project plann+ s]vices     
fund$ "u ?is subsection2 &  7,b7        
reimburse ! ,corporation ^? funds       
provid$ "u ?is section1 if ! p]son      

succe$s 9 project implem5tation4  7e7   
,special projects & programs ,!         
,corporation may adm9i/] & manage       
special projects & programs1 includ+    
programs ( f9ancial & advisory support t
 provide private te*nical1 pr(essional1 
or manag]ial assi/ance 9 ! developm5t ( 
human res\rces1 skills1 te*nology1      
capital sav+s1 & int]m$iate f9ancial &  
inve/m5t in/itutions & coop]atives &    
includ+ ! initiation ( inc5tives1       
grants1 & /udies = r5ewable en]gy1      
micro5t]prise h\seholds1 & o!r small    
bus9ess activities4  7f7 ,ent]prise     
funds  7#a7 ,9 g5]al ,! ,corporation may
 e/abli% & op]ate ent]prise funds 9     
accordance ) ?is subsection4  7#b7      
,proc$ures & requirem5ts ,! provisions (
 section #bja ( ! ,support = ,ea/       
,european ,democracy 7,,se$7 ,act (     
#aihi 7#bb ,u4,s4,c4 #edba7 7o!r ?an !  
provisions ( subsections 7a71 7b71 7c71 
7d77#a71 7d77#c71 7e71 7f71 & 7j7 ( t   
section71 %all be deem$ to apply )      
respect to any ent]prise fund e/abli%$  

by ! ,corporation "u ?is subsection & to
 funds made available to any su*        
ent]prise fund 9 ! same mann] & to !    
same ext5t z su* provisions apply )     
respect to ent]prise funds e/abli%$     
pursuant to su* section #bja or to funds
 made available to ent]prise funds      
e/abli%$ "u t section4  7#c7 ,purposes =
 :i* support may be provid$ ,!          
,corporation1 subject to ! approval ( ! 
,bo>d1 may designate private1 nonpr(it  
organizations z eligible to receive     
support "u ?is subsection = ! foll[+    
purposes3  7,a7 ,to promote developm5t (
 economic fre$om & private sectors1     
includ+ small- & m$ium-siz$ bus9esses & 
jo9t v5tures ) ! ,unit$ ,/ates & ho/    
c\ntry p>ticipants4  7,b7 ,to facilitate
 access to ! cr$it to small- &          
m$ium-siz$ bus9esses ) s\nd bus9ess     
plans 9 c\ntries :]e !re is limit$ means
 ( access+ cr$it on m>ket t]ms4  7,c7   
,to promote policies & practices        
conducive to economic fre$om & private  
sector developm5t4  7,d7 ,to attract    

=eign direct inve/m5t capital to fur!r  
promote private sector developm5t &     
economic fre$om4  7,e7 ,to complem5t !  
"w ( ! ,unit$ ,/ates ,ag5cy =           
,int]national ,developm5t & o!r donors  
to improve ! ov]all bus9ess-enabl+      
environm5t1 f9anc+ ! creation &         
expansion ( ! private bus9ess sector4   
7,f7 ,to make f9ancially su/a9able      
inve/m5ts design$ to g5]ate measurable  
social b5efits & build te*nical capacity
 9 addition to f9ancial returns4  7#d7  
,op]ation ( funds  7,a7 ,exp5ditures    
,funds made available to an ent]prise   
fund %all be exp5d$ at ! m9imum rate    
necess>y to make timely paym5ts =       
projects & activities c>ri$ out "u ?is  
subsection4  7,b7 ,adm9i/rative exp5ses 
,n m ?an #c p]c5t ( ! funds made        
available to an ent]prise fund may be   
obligat$ or exp5d$ = ! adm9i/rative     
exp5ses ( ! ent]prise fund4  7#e7 ,bo>d 
( directors ,ea* ent]prise fund e/abli%$
 "u ?is subsection %all be gov]n$ by a  
,bo>d ( ,directors compris$ ( private   

citiz5s ( ! ,unit$ ,/ates or ! ho/      
c\ntry1 :o--  7,a7 %all be appo9t$ by ! 
,presid5t aft] consultation ) ! *airm5 &
 rank+ memb]s ( ! appropriate           
congressional committees2 &  7,b7 h     
pursu$ c>e]s 9 int]national bus9ess & h 
demon/rat$ exp]tise 9 int]national &    
em]g+ m>ket inve/m5t activities4  7#f7  
,majority memb] requirem5t ,! majority (
 ! memb]s ( ! ,bo>d ( ,directors %all be
 ,unit$ ,/ates citiz5s4  7#g7 ,reports  
,n lat] ?an "o ye> aft] ! date ( !      
e/abli%m5t ( an ent]prise fund "u ?is   
subsection1 & annually !reaft] until !  
ent]prise fund t]m9ates 9 accordance )  
p>agraph 7#aj71 ! ,bo>d ( ,directors ( !
 ent]prise fund %all--  7,a7 submit to !
 appropriate congressional committees a 
report-- 7i7 detail+ ! adm9i/rative     
exp5ses ( ! ent]prise fund dur+ ! ye>   
prec$+ ! submission ( ! report2  7ii7   
describ+ ! op]ations1 activities1       
f9ancial condition1 & accompli%m5ts ( ! 
ent]prise fund dur+ t ye>2 &  7iii7     
describ+ ! results ( ! audit conduct$ "u

 p>agraph 7#h7 dur+ t ye>2 &  7,b7      
publi%1 on a publicly available int]net 
website ( ! ent]prise fund1 ea* report  
requir$ by subp>agraph 7,a74  7#h7      
,ov]sight  7,a7 ,inspector g5]al        
p]=mance audits  7i7 ,9 g5]al ,!        
,inspector ,g5]al ( ! ,corporation %all 
conduct p]iodic audits ( ! activities ( 
ea* ent]prise fund e/abli%$ "u ?is      
subsection4  7ii7 ,consid]ation ,9      
conduct+ an audit "u clause 7i71 !      
,inspector ,g5]al %all assess :e!r !    
activities ( ! ent]prise fund--  7,i7   
support ! purposes describ$ 9 p>agraph  
7#c72  7,,ii7 result 9 pr(itable private
 sector inve/+2 &  7,,iii7 g5]ate       
measurable social b5efits4  7,b7        
,recordkeep+ requirem5ts ,! ,corporation
 %all ensure t ea* ent]prise fund       
receiv+ support "u ?is subsection--  7i7
 keeps sep>ate acc\nts ) respect to su* 
support2 &  7ii7 ma9ta9s su* records z  
may be reasonably necess>y to facilitate
 effective audits "u ?is p>agraph4  7#i7
 ,return ( funds to ,treasury ,any funds

 result+ f any liquidation1 dissolution1
 or w9d+ up ( an ent]prise fund1 9 :ole 
or 9 "p1 %all be return$ to ! ,treasury 
( ! ,unit$ ,/ates4  7#aj7 ,t]m9ation ,! 
au?ority ( an ent]prise fund to provide 
support "u ?is subsection %all t]m9ate  
on ! e>li] (--  7,a7 ! date t is #g ye>s
 aft] ! date ( ! fir/ exp5diture (      
am\nts f ! ent]prise fund2 or  7,b7 !   
date on :i* ! ent]prise fund is         
liquidat$4  7g7 ,s5se ( ,congress ,!    
,corporation %\ld consid] ways to       
provide te*nical & o!r support to       
facilitate ! developm5t ( diaspora bonds
 & o!r f9anc+ me*anisms t consolidate & 
lev]age remittances = developm5t        
outcomes4  7h7 ,o!r au?orities ,!       
,corporation %all h1 9 addition to o!r  
au?orities provid$ "u ?is section1 su*  
au?orities z are provid$ = "u ! ,/ate   
,dep>tm5t ,basic ,au?orities ,act (     
#aief 7#bb ,u4,s4,c4 #bfea;a et seq47 & 
! ,=eign ,assi/ance ,act ( #aifa 7#bb   
,u4,s4,c4 #baea et seq47 & delegat$ by !
 ,presid5t to ! ,ov]seas ,private       

,inve/m5t ,corporation or an elem5t ( ! 
,unit$ ,/ates ,ag5cy = ,int]national    
,developm5t specifi$ 9 section          
#fjc7;a77#b7 z ( ! day be=e ! date ( !  
enactm5t ( ?is ,act4  #bjb4 ,t]ms &     
conditions  7a7 ,9 g5]al ,except z      
provid$ 9 subsection 7b71 support       
provid$ by ! ,corporation "u ?is title  
%all be on su* t]ms & conditions z !    
,corporation may prescribe4  7b7        
,requirem5ts ,! foll[+ requirem5ts apply
 to support provid$ by ! ,corporation "u
 ?is title3 7#a7 ,! ,corporation %all   
make a loan or gu>anty only if x is     
necess>y--  7,a7 to alleviate a cr$it   
m>ket imp]fection2 or  7,b7 to a*ieve   
specifi$ objectives ( ! ,unit$ ,/ates   
,gov]nm5t by provid+ support 9 ! mo/    
effici5t way to meet ^? objectives on a 
borr[]-by-borr[] basis4  7#b7 ,! f9al   
maturity ( a loan made or gu>ante$ by ! 
,corporation %all n exce$ ! less] (--   
7,a7 #be ye>s2 or  7,b7 ! useful life ( 
any physical asset to be f9anc$ by !    
loan 7z det]m9$ by ! ,corporation74     

7#c7 ,! ,corporation %all1 ) respect to 
provid+ any loan gu>anty to a project1  
require t ! p>ties to ! loan gu>ante$ by
 ! ,corporation be> ! risk ( loss = at  
lea/ #bj p]c5t ( ! gu>ante$ support by !
 ,corporation 9 ! project4  7#d7 ,!     
,corporation may n gu>antee a loan      
unless ! ,corporation det]m9es t ! l5d] 
is responsible & t adequate provision is
 made = s]vic+ ! loan on reasonable t]ms
 & protect+ ! f9ancial int]e/ ( ! ,unit$
 ,/ates4  7#e7 ,! int]e/ rate = direct  
loans & int]e/ supplem5ts on gu>ante$   
loans %all be set by ref]5ce to a b5*m>k
 int]e/ rate 7yield7 on m>ketable       
,treasury securities or o!r widely      
recogniz$ b5*m>ks ) a simil> maturity to
 ! loans be+ made or gu>ante$4 ,!       
,corporation %all e/abli% appropriate   
m9imum int]e/ rates = loans1 gu>antees1 
insurance1 & o!r in/rum5ts z necess>y4  
7#f7 ,! m9imum int]e/ rate = new loans z
 e/abli%$ by ! ,corporation %all be     
adju/$ p]iodically to take acc\nt (     
*anges 9 ! int]e/ rate ( ! b5*m>k       

f9ancial in/rum5t4  7#g7 7,a7 ,!        
,corporation %all set fees or premiums =
 loan gu>antee or insurance cov]age at  
levels t m9imize ! co/ to ! ,gov]nm5t 7z
 def9$ 9 section #ejb ( ! ,f$]al ,cr$it 
,re=m ,act ( #aiij 7#b ,u4,s4,c4        
#ffa;a77 ( su* cov]age1 :ile support+   
a*ievem5t ( ! objectives ( ! loan4  7,b7
 ,! ,corporation %all set ! m9imum      
gu>antee fee or insurance premium at a  
level suffici5t to cov] ! ,corporation's
 co/s = pay+ all ( ! e/imat$ co/s to !  
,gov]nm5t ( ! expect$ default claims &  
o!r obligations4  7,c7 ,! ,corporation  
%all review fees = loan gu>anties       
p]iodically to ensure t ! fees assess$  
on new loan gu>antees are at a level    
suffici5t to cov] ! ,corporation's mo/  
rec5t e/imates ( its co/s4  7#h7 ,any   
loan gu>anty provid$ by ! ,corporation  
%all be conclusive evid5ce t-- 7,a7 !   
gu>anty has be5 prop]ly obta9$2  7,b7 ! 
loan qualifi$ = ! gu>anty2 &  7,c7 b =  
fraud or mat]ial misrepres5tation by !  
hold] ( ! gu>anty1 ! gu>anty is presum$ 

to be valid1 legal1 & en=ceable4  7#i7  
,! ,corporation may n make a loan or    
loan gu>anty unless ! ,corporation      
det]m9es t !re is a reasonable assurance
 ( repaym5t on ! loan4  7#aj7 ,!        
,corporation %all prescribe explicit    
/&>ds = use 9 p]iodically assess+ !     
cr$it risk ( new & exi/+ direct loans or
 gu>ante$ loans4  7#aa7 ,! ,corporation 
may n make loans or loan gu>anties      
except to ! ext5t t budget au?ority to  
cov] ! co/s ( ! loans or gu>anties is   
provid$ 9 advance 9 an appropriations   
,act1 z requir$ by section #ejd ( !     
,f$]al ,cr$it ,re=m ,act ( #aiij 7#b    
,u4,s4,c4 #ffa;c74  #bjc4 ,paym5t (     
losses  7a7 ,paym5ts = defaults on      
gu>ante$ loans  7#a7 ,9 g5]al ,if !     
,corporation det]m9es t ! hold] ( a loan
 gu>ante$ by ! ,corporation suff]s a    
loss z a result ( a default by a borr[] 
on ! loan1 ! ,corporation %all pay to ! 
hold] ! p]c5t ( ! loss1 z specifi$ 9 !  
gu>anty contract aft] ! hold] ( ! loan  
has made su* fur!r collection ef=ts &   

in/itut$ su* en=cem5t proce$+s z !      
,corporation may require4  7#b7         
,subrogation ,^u mak+ a paym5t describ$ 
9 p>agraph 7#a71 ! ,corporation %all    
ensure ! ,corporation w be subrogat$ to 
all ! rights ( ! recipi5t ( ! paym5t4   
7#c7 ,recov]y ef=ts ,! ,corporation %all
 pursue recov]y f ! borr[] ( ! am\nt (  
any paym5t made "u p>agraph 7#a7 )      
respect to ! loan4  7b7 ,limitation on  
paym5ts  7#a7 ,9 g5]al ,except z provid$
 by p>agraph 7#b71 comp5sation =        
insurance1 re9surance1 or a gu>anty     
issu$ "u ?is title %all n exce$ ! doll> 
value ( ! insurance1 re9surance1 or     
gu>anty1 z ( ! date ( its issuance1 made
 9 ! project ) ! approval ( !           
,corporation1 plus int]e/1 e>n+s1 or    
pr(its actually accru$ on ! insurance1  
re9surance1 or gu>anty1 to ! ext5t      
provid$ by su* insurance1 re9surance1 or
 gu>anty4  7#b7 ,exception  7,a7 ,9     
g5]al ,! ,corporation may provide t--   
7i7 appropriate adju/m5ts 9 ! insur$    
doll> value be made to reflect !        

replacem5t co/ ( project assets2 &  7ii7
 comp5sation = a claim ( loss "u        
insurance ( an equity inve/m5t "u       
section #bja7;b7 may be comput$ on !    
basis ( ! net book value attributable to
 ! equity inve/m5t on ! date ( loss4    
7#c7 ,additional limitation  7,a7 ,9    
g5]al ,not)/&+ p>agraph 7#b77;,a77ii7 & 
except z provid$ 9 subp>agraph 7,b71 !  
,corporation %all limit ! am\nt ( direct
 insurance & re9surance issu$ "u section
 #bja ) respect to a project s z to     
require t ! insur$ & its affiliates be> 
! risk ( loss = at lea/ #aj p]c5t ( !   
am\nt ( ! ,corporation's exposure to t  
insur$ & its affiliates 9 ! project4    
7,b7 ,exception ,! limitation "u        
subp>agraph 7,a7 %all n apply to direct 
insurance or re9surance ( loans provid$ 
by banks or o!r f9ancial in/itutions to 
unrelat$ p>ties4  7c7 ,actions by       
,attorney ,g5]al ,! ,attorney ,g5]al    
%all take su* action z may be           
appropriate to en=ce any "r accru+ to ! 
,unit$ ,/ates z a result ( ! issuance ( 

any loan or gu>antee "u ?is title4  7d7 
,rule ( con/ruction ,no?+ 9 ?is section 
%all be con/ru$ to preclude any =be>ance
 = ! b5efit ( a borr[] t may be agre$ ^u
 by ! p>ties to a loan gu>ante$ by !    
,corporation if budget au?ority = any   
result+ co/s to ! ,unit$ ,/ates         
,gov]nm5t 7z def9$ 9 section #ejb ( !   
,f$]al ,cr$it ,re=m ,act ( #aiij 7#b    
,u4,s4,c4 #ffa;a77 is available4  #bjd4 
,t]m9ation ,! au?orities provid$ "u ?is 
title t]m9ate on ,septemb] #cj1 #bjch4  
,,iii ,adm9i/rative & g5]al provisions  
#cja4 ,op]ations  7a7 ,bilat]al         
agreem5ts ,! ,corporation may provide   
support "u title ,,ii 9 connection )    
projects 9 any c\ntry ! gov]nm5t ( :i*  
has ent]$ into an agreem5t ) ! ,unit$   
,/ates au?oriz+ ! ,corporation to       
provide su* support 9 t c\ntry4  7b7    
,claims settlem5t  7#a7 ,9 g5]al ,claims
 aris+ z a result ( support provid$ "u  
title ,,ii or "u pr$ecessor au?ority may
 be settl$1 & disputes aris+ z a result 
!re( may be arbitrat$ ) ! cons5t ( !    

p>ties1 on su* t]ms & conditions z !    
,corporation may det]m9e4  7#b7         
,settlem5ts conclusive ,paym5t made     
pursuant to any settlem5t pursuant to   
p>agraph 7#a71 or z a result ( an       
arbitration aw>d1 %all be f9al &        
conclusive not)/&+ any o!r provision (  
law4  7c7 ,presumption ( compliance ,ea*
 contract execut$ by su* (fic] or (fic]s
 z may be designat$ by ! ,bo>d %all be  
conclusively presum$ to be issu$ 9      
compliance ) ! requirem5ts ( ?is ,act4  
7d7 ,electronic ,paym5ts & ,docum5ts ,! 
,corporation %all implem5t policies to  
accept electronic docum5ts & electronic 
paym5ts 9 all ( its programs4  #cjb4    
,corporate p[]s  7a7 ,9 g5]al ,!        
,corporation-- 7#a7 may adopt1 alt]1 &  
use a seal1 to include an id5tifiable   
symbol ( ! ,unit$ ,/ates2  7#b7 may make
 & p]=m su* contracts1 includ+ no-co/   
contracts 7z def9$ by ! ,corporation71  
grants1 & o!r agreem5ts not)/&+ division
 ,c ( subtitle ,i ( title #da1 ,unit$   
,/ates ,code1 ) any p]son or gov]nm5t   

h[ev] designat$ & :]ev] situat$1 z may  
be necess>y = c>ry+ out ! functions ( ! 
,corporation2  7#c7 may det]m9e &       
prescribe ! mann] 9 :i* its obligations 
%all be incurr$ & its exp5ses all[$ &   
paid1 includ+ exp5ses = repres5tation2  
7#d7 may lease1 pur*ase1 or o!rwise     
acquire1 improve1 & use su* real prop]ty
 :]ev] situat$1 z may be necess>y =     
c>ry+ out ! functions ( ! ,corporation2 
7#e7 may accept ca% gifts or donations (
 s]vices or ( prop]ty 7real1 p]sonal1 or
 mix$71 tangible or intangible1 = !     
purpose ( c>ry+ out ! functions ( !     
,corporation2  7#f7 may use ! ,unit$    
,/ates mails 9 ! same mann] & on ! same 
conditions z ! ,executive dep>tm5ts 7z  
def9$ 9 section #aja ( title #e1 ,unit$ 
,/ates ,code72  7#g7 may contract )     
individuals = p]sonal s]vices1 :o %all n
 be consid]$ ,f$]al employees = any     
provision ( law adm9i/]$ by ! ,director 
( ! ,(fice ( ,p]sonnel ,managem5t2  7#h7
 may hire or obta9 pass5g] motor        
vehicles2  7#i7 may sue & be su$ 9 its  

corporate "n2  7#aj7 may acquire1 hold1 
or dispose (1 ^u su* t]ms & conditions z
 ! ,corporation may det]m9e1 any        
prop]ty1 real1 p]sonal1 or mix$1        
tangible or intangible1 or any int]e/ 9 
su* prop]ty1 & ) respect to lease (     
(fice space = ! ,corporation's own use1 
! obligation ( am\nts = su* lease is    
limit$ to ! curr5t fiscal ye> = :i*     
paym5ts are due )\t reg>d to section    
#acda7;a77#a77;,b7 ( title #ca1 ,unit$  
,/ates ,code2  7#aa7 may indemnify      
directors1 (fic]s1 employees1 & ag5ts ( 
! ,corporation = liabilities & exp5ses  
incurr$ 9 connection ) _! activities on 
behalf ( ! ,corporation2  7#ab7 not)/&+ 
any o!r provision ( law1 may repres5t   
itself or contract = repres5tation 9 all
 legal & arbitral proce$+s2  7#ac7 may  
pur*ase1 disc\nt1 r$isc\nt1 sell1 &     
negotiate1 ) or )\t its endorsem5t or   
gu>anty1 & gu>antee notes1 p>ticipation 
c]tificates1 & o!r evid5ce (            
indebt$ness2  7#ad7 may ex]cise any     
priority ( ! ,gov]nm5t ( ! ,unit$ ,/ates

 9 collect+ debts f bankrupt1 insolv5t1 
or dec$5ts' e/ates2  7#ae7 may collect1 
not)/&+ section #cgaa7;g77#a7 ( title   
#ca1 ,unit$ ,/ates ,code1 or compromise 
any obligations assign$ to or held by ! 
,corporation1 includ+ any legal or      
equitable rights accru+ to !            
,corporation2  7#af7 may manage assets  
describ$ 9 section #c7i7 ( ,public ,law 
#aaj-cdc 7#ab ,u4,s4,c4 #ebjb7i77 9 a   
mann] design$ to m9imize co/ to !       
,corporation1 includ+ e/abli%+ vehicles 
t are au?oriz$ to pur*ase1 hold1 & sell 
assets & issue obligations2  7#ag7 may  
make arrangem5ts ) =eign gov]nm5ts      
7includ+ ag5cies1 in/rum5talities1 or   
political subdivisions ( su* gov]nm5ts7 
or ) multilat]al organizations or       
in/itutions = %>+ liabilities2  7#ah7   
may revolve funds ( ! ,corporation ?r\gh
 sell+ direct inve/m5ts ( ! ,corporation
 to private inve/ors ^u su* t]ms &      
conditions z ! ,corporation may det]m9e2
 &  7#ai7 %all h su* o!r p[]s z may be  
necess>y & incid5t to c>ry+ out !       

functions ( ! ,corporation4  7b7        
,treatm5t ( prop]ty ,not)/&+ any o!r    
provision ( law relat+ to ! acquisition1
 h&l+1 or disposal ( prop]ty by ! ,unit$
 ,/ates1 ! ,corporation %all h ! "r 9   
its discretion to complete1 recondition1
 recon/ruct1 r5ovate1 repair1 ma9ta91   
op]ate1 or sell any prop]ty acquir$ by !
 ,corporation pursuant to ! provisions (
 ?is ,act4  #cjc4 ,maximum cont+5t      
liability  7a7 ,9 g5]al ,! maximum      
cont+5t liability ( ! ,corporation      
out/&+ at any "o "t %all n exce$ 9 !    
aggregate ! am\nt specifi$ 9 subsection 
7b74  7b7 ,am\nt specifi$  7#a7 ,initial
 #e-ye> p]iod ,! am\nt specifi$ 9 ?is   
subsection = ! #e-ye> p]iod beg9n+ on ! 
date ( ! enactm5t ( ?is ,act1 is        
#fj1jjj1jjj1jjj4  7#b7 ,subsequ5t #e-ye>
 p]iods ,n lat] ?an #e ye>s aft] ! date 
( ! enactm5t ( ?is ,act1 & e #e ye>s    
!reaft]1 ! am\nt specifi$ 9 p>agraph    
7#a7 %all be adju/$ to reflect !        
p]c5tage ( ! increase 7if any7 9 !      
av]age ( ! ,consum] ,price ,index dur+ !

 prec$+ #e-ye> p]iod4  7#c7 ,consum]    
price index def9$ ,9 ?is subsection1 !  
t]m ,consum] ,price ,index means ! mo/  
rec5t ,consum] ,price ,index = ,all     
,urban ,consum]s publi%$ by ! ,bureau ( 
,labor ,/ati/ics ( ! ,dep>tm5t ( ,labor4
  #cjd4 ,corporate funds  7a7 ,corporate
 capital acc\nt  7#a7 ,e/abli%m5t ,!re  
is e/abli%$ 9 ! ,treasury ( ! ,unit$    
,/ates a revolv+ fund to be kn[n z !    
,corporate ,capital ,acc\nt1 consi/+ (  
su* funds z-- 7,a7 are available to     
dis*>ge liabilities "u pr$ecessor       
au?orities2 &  7,b7 are made available  
to ! ,corporation pursuant to           
subsections 7d71 7e71 & 7f71 or o!rwise 
available pursuant to ?is section4  7#b7
 ,use ( funds ,am\nts 9 ! ,corporate    
,capital ,acc\nt %all be available =    
dis*>ge ( liabilities ( ! ,corporation1 
until su* "t z all su* liabilities h be5
 dis*>g$ or h expir$ or until all ( !   
am\nts 9 ! ,acc\nt h be5 exp5d$ 9       
accordance ) ! provisions ( ?is section4
  7b7 ,transf] ( previ\s fees & rev5ue  

,!re is h]eby au?oriz$ to be transf]r$  
to ! ,corporation at its call1 = !      
purposes specifi$ 9 subsection 7g71 all 
fees & o!r rev5ues collect$ by !        
,ov]seas ,private ,inve/m5t ,corporation
 pursuant to ! reorganization plan      
submitt$ by ! ,presid5t "u section #fjb4
  7c7 ,full fai? & cr$it ,all support   
provid$ pursuant to pr$ecessor          
au?orities or title ,,ii %all cont9ue to
 con/itute obligations ( ! ,unit$       
,/ates1 & ! full fai? & cr$it ( ! ,unit$
 ,/ates is h]eby pl$g$ = ! full paym5t &
 p]=mance ( su* obligations4  7d7       
,au?orization ( appropriations ,!re are 
au?oriz$ to be appropriat$ to !         
,corporation1 to rema9 available until  
exp5d$1 su* am\nts z may be necess>y f  
"t to "t to repl5i% or increase !       
,corporate ,capital ,acc\nt4  7e7       
,issuance ( obligations  7#a7 ,9 g5]al  
,9 ord] to dis*>ge liabilities ( !      
,corporation1 ! ,corporation may issue f
 "t to "t = pur*ase by ! ,secret>y ( !  
,treasury notes1 deb5tures1 bonds1 or   

o!r obligations ( ! ,corporation4  7#b7 
,limitation ,! aggregate am\nt (        
obligations out/&+ "u p>agraph 7#a7 at  
any "o "t %all n exce$ #a1jjj1jjj1jjj4  
7#c7 ,repaym5t ,any obligation issu$ "u 
p>agraph 7#a7 %all be repaid to !       
,treasury ( ! ,unit$ ,/ates )9 "o ye>   
aft] ! date ( issue ( ! obligation4     
7#d7 ,int]e/ rate ,any obligation issu$ 
"u p>agraph 7#a7 %all be> int]e/ at a   
rate det]m9$ by ! ,secret>y1 tak+ into  
consid]ation ! curr5t av]age m>ket yield
 on out/&+ m>ketable obligations ( !    
,unit$ ,/ates ( comp>able maturities    
dur+ ! mon? prec$+ ! issuance ( any     
obligation au?oriz$ by ?is subsection4  
7#e7 ,pur*ase ,! ,secret>y %all pur*ase 
any obligation ( ! ,corporation issu$ "u
 p>agraph 7#a71 & = su* pur*ase !       
,secret>y may use z a public debt       
transaction ! proce$s ( ! sale ( any    
securities issu$ "u *apt] #ca ( title   
#ca1 ,unit$ ,/ates ,code4 ,! purpose =  
:i* securities may be issu$ "u su* *apt]
 %all include any su* pur*ase4  7#f7    

,fund+ ,!re are h]eby au?oriz$ to be    
appropriat$ to ! ,secret>y = fiscal ye> 
#bjah & ea* fiscal ye> !reaft] su* sums 
z may be necess>y to c>ry out ?is       
subsection4  7f7 ,fees  7#a7 ,9 g5]al   
,fees may be *>g$ = provid+ s]vices & = 
transaction co/s incurr$ by !           
,corporation 9 am\nts to be det]m9$ by !
 ,corporation4  7#b7 ,use ( fees ,all   
fees "u p>agraph 7#a7 paid = transaction
 co/s & o!r co/s associat$ ) s]vices    
provid$ %all be available = obligation =
 ! purposes = :i* su* fees 7 collect$4  
7g7 ,income & rev5ue 9 g5]al ,9 ord] to 
c>ry out ! purposes ( ! ,corporation1   
all funds1 fees1 rev5ues1 & income      
transf]r$ to or e>n$ by ! ,corporation1 
f :atev] s\rce d]iv$1 %all be held by ! 
,corporation & %all be available to c>ry
 out ! purposes ( ! ,corporation1       
includ+--  7#a7 paym5t ( all exp5ses ( !
 ,corporation2  7#b7 transf]s &         
additions to ! ,corporate ,capital      
,acc\nt & su* o!r funds or res]ves z !  
,corporation may e/abli%1 at su* "t & 9 

su* am\nts z ! ,bo>d may det]m9e2  7#c7 
paym5t ( divid5ds on capital /ock1 :i*  
%all consi/ ( & be paid f net e>n+s ( ! 
,corporation aft] paym5ts1 transf]s1 &  
additions "u p>agraphs 7#a7 & 7#b72 &   
7#d7 transf] ( su* sums z may be        
necess>y f ! ,corporate ,capital ,acc\nt
 = co/s 7z def9$ 9 section #ejb ( !     
,f$]al ,cr$it ,re=m ,act ( #aiij 7#b    
,u4,s4,c4 #ffa;a77 ( provid+ support "u 
title ,,ii1 includ+ ! co/s ( modify+ su*
 support4  7h7 ,transaction co/s        
,transaction co/s incurr$ by !          
,corporation1 includ+ su* co/s relat+ to
 loan obligations or loan gu>antee      
commitm5ts cov]$ by ! provisions ( !    
,f$]al ,cr$it ,re=m ,act ( #aiij 7#b    
,u4,s4,c4 #ffa et seq471 %all be held 9 
& paid out ( ! ,corporate ,capital      
,acc\nt4  #cje4 ,coord9ation )          
,mill5nium ,*all5ge ,corporation on     
con/ra9ts analysis ,x is ! s5se (       
,congress t ! ,corporation %\ld use !   
con/ra9ts analysis & o!r relevant data (
 ! ,mill5nium ,*all5ge ,corporation to  

be bett] in=m ! decisions ( !           
,corporation ) respect to provid+       
support "u title ,,ii4  ,,iv ,monitor+1 
evaluation1 & report+  #dja4 ,e/abli%m5t
 ( risk & audit committees  7a7 ,9 g5]al
 ,to manage risks su* z key /rategic1   
reputational1 regulatory1 op]ational1 & 
f9ancial risks ! ,corporation %all      
e/abli% a risk committee & an audit     
committee4  7b7 ,duties &               
responsibilities ,subject to ! direction
 ( ! ,bo>d1 ! risk committee e/abli%$ "u
 subsection 7a7 %all h ! responsibility 
(--  7#a7 c>ry+ out indep5d5t ov]sight (
 ! ,corporation2  7#b7 review+ & provid+
 guidance on ! risk gov]nance /ructure (
 ! ,corporation2 &  7#c7 develop+       
policies = ent]prise risk managem5t1    
monitor+1 & managem5t ( /rategic1       
reputational1 regulatory1 op]ational1 & 
f9ancial risks4  #djb4 ,p]=mance        
measures  7a7 ,9 g5]al ,! ,corporation  
%all develop a p]=mance measurem5t sy/em
 to evaluate & monitor projects support$
 by ! ,corporation "u title ,,ii & to   

guide future projects ( ! ,corporation4 
7b7 ,consid]ations ,9 develop+ !        
p]=mance measurem5t sy/em requir$ by    
subsection 7a71 ! ,corporation %all--   
7#a7 develop a successor = ! developm5t 
impact measurem5t sy/em us$ by !        
,ov]seas ,private ,inve/m5t ,corporation
 be=e ! date ( ! enactm5t ( ?is ,act2   
7#b7 develop a me*anism = ensur+ t      
support provid$ by ! ,corporation "u    
title ,,ii is 9 addition to private     
inve/m5t2 &  7#c7 develop /&>ds =1 & a  
me?od = ensur+1 appropriate f9ancial    
p]=mance ( ! ,corporation's portfolio4  
7c7 ,public availability ( c]ta9        
in=mation ,! ,corporation %all regul>ly 
make available to ! public in=mation    
ab\t support provid$ by ! ,corporation  
"u title ,,ii & p]=mance metrics ab\t   
su* support on a c\ntry-by-c\ntry basis4
  7d7 ,consultations ,9 develop+ !      
p]=mance measurem5t sy/em requir$ by    
subsection 7a71 ! ,corporation %all     
consult ) /akehold]s engag$ 9 su/a9able 
economic gr[? & developm5t outside !    

,unit$ ,/ates1 includ+ private sector   
entities & nongov]nm5tal & civil society
 organizations4  #djc4 ,annual report   
7a7 ,9 g5]al ,aft] ! end ( ea* fiscal   
ye>1 ! ,corporation %all submit to !    
appropriate congressional committees a  
complete & detail$ report ( its         
op]ations dur+ t fiscal ye>1 includ+ an 
assessm5t (--  7#a7 ! economic & social 
developm5t impact & b5efits ( projects  
support$ by ! ,corporation "u title     
,,ii2 &  7#b7 ! ext5t to :i* ! op]ations
 ( ! ,corporation complem5t or are      
compatible ) ! developm5t assi/ance     
programs ( ! ,unit$ ,/ates & qualify+   
sov]eign entities4  7b7 ,elem5ts ,ea*   
annual report requir$ by subsection 7a7 
%all include projections ( ! effects (  
ea* project support$ by ! ,corporation  
"u title ,,ii1 includ+--  7#a7 reviews &
 analysis (-- 7,a7 ! desir$ developm5t  
outcomes = ea* project & :e!r or n !    
project is meet+ ! associat$ metrics1   
goals1 & developm5t objectives 9 ! ye>s 
foll[+ ! conclusion ( ! project2 &  7,b7

 ! effect ( ! ,corporation's support = !
 project on access to capital1          
specifically :e!r ! project is address+ 
id5tifiable m>ket gaps or ineffici5cies 
& :at impact1 if any1 su* support w h on
 access to cr$it = private sector       
entities 9 ! c\ntry 9 :i* ! project is  
c>ri$ out2  7#b7 an explanation ( any   
p>tn]%ip arrangem5t or coop]ation ) a   
qualify+ sov]eign entity 9 support ( ea*
 project2  7#c7 projections (-- 7,a7 ea*
 project's developm5t outcome1 & :e!r or
 n support = ! project is meet+ !       
associat$ p]=mance measures1 bo? dur+ ! 
/>t-up phase & ov] ! duration ( !       
project2 &  7,b7 ! am\nt ( private      
sector assets br\ght to be> relative to 
! am\nt ( support provid$ by !          
,corporation & any o!r public sector    
support associat$ ) ! project2 &  7#d7  
an assessm5t ( ! ext5t to :i* lessons   
le>n$ f ! monitor+ & evaluation         
activities ( ! ,corporation1 & f annual 
reports f previ\s ye>s compil$ by !     
,corporation1 h be5 appli$ to projects4 

#djd4 ,publicly available project       
in=mation ,! ,corporation %all-- 7#a7   
ma9ta9 a us]-fri5dly1 publicly          
available1 ma*9e-readable database )    
detail$ c\ntry-level in=mation1 includ+ 
a description ( ! support provid$ by !  
,corporation "u title ,,ii2 &  7#b7     
include a cle> l9k to in=mation ab\t ea*
 project support$ by ! ,corporation "u  
title ,,ii on ! int]net website ( !     
,dep>tm5t ( ,/ate1                      
,foreign,assistance4gov1 or a successor 
website or o!r onl9e publication4  #dje4
 ,audits & f9ancial /atem5ts ( !        
,corporation  7a7 ,audits ,subject to   
subsection 7f71 an indep5d5t c]tifi$    
public acc\ntant %all p]=m a f9ancial & 
compliance audit ( ! f9ancial /atem5ts (
 ! ,corporation annually1 9 accordance )
 g5]ally accept$ gov]nm5t audit+ /&>ds =
 a f9ancial & compliance audit1 z issu$ 
by ! ,comptroll] ,g5]al ( ! ,unit$      
,/ates4  7b7 ,reports on audits ,!      
indep5d5t c]tifi$ public acc\ntant :o   
conducts an audit "u subsection 7a7 %all

 report ! results ( ! audit to !        
,executive ,director ( ! ,corporation & 
! appropriate congressional committees4 
7c7 ,pres5tation ,! f9ancial /atem5ts ( 
! ,corporation & ! report requir$ by    
subsection 7b7 %all be pres5t$ 9        
accordance ) g5]ally accept$ acc\nt+    
pr9ciples4  7d7 ,reports to ,congress ,n
 lat] ?an #aie days aft] ! end ( ! la/  
fiscal ye> cov]$ by an audit conduct$ "u
 subsection 7a71 ! ,corporation %all    
submit to ! appropriate congressional   
committees a report t includes--  7#a7 !
 report requir$ by subsection 7b7 )     
respect to ! audit2 &  7#b7 ! f9ancial  
/atem5ts ( ! ,corporation4  7e7 ,review 
& report by ! ,gov]nm5t ,acc\ntability  
,(fice ,! ,comptroll] ,g5]al may review 
an audit conduct$ "u subsection 7a7 & ! 
report to ! appropriate congressional   
committees requir$ by subsection 7d7 9 !
 mann] & at su* times z ! ,comptroll]   
,g5]al consid]s necess>y4  7f7          
,alt]native audits by ,gov]nm5t         
,acc\ntability ,(fice ,in/ead ( an audit

 conduct$ "u subsection 7a7 by a c]tifi$
 public acc\ntant1 ! ,comptroll] ,g5]al 
%all1 if ! ,comptroll] ,g5]al consid]s x
 necess>y or ^u ! reque/ ( ,congress1   
audit ! f9ancial /atem5ts ( !           
,corporation 9 ! mann] provid$ "u       
subsection 7a74  7g7 ,availability (    
in=mation ,all books1 acc\nts1 f9ancial 
records1 reports1 files1 workpap]s1 &   
prop]ty belong+ to or 9 use by !        
,corporation or ! acc\ntant :o conducts 
an audit "u subsection 7a7 t are        
necess>y = purposes ( conduc+ ! audit1  
%all be made available to ! ,comptroll] 
,g5]al & su* employees z ! ,comptroll]  
,g5]al consid]s appropriate4  #djf4     
,engagem5t ) inve/ors  7a7 ,9 g5]al ,!  
,corporation %all1 9 coop]ation ) !     
,adm9i/rator ( ! ,unit$ ,/ates ,ag5cy = 
,int]national ,developm5t--  7#a7       
develop a /rategic relation%ip ) private
 sector entities focus$ at ! nexus (    
bus9ess opportunities & developm5t      
priorities2  7#b7 engage su* entities & 
r$uce bus9ess risks prim>ily ?r\gh      

direct transaction support & facilitat+ 
inve/m5t p>tn]%ips2  7#c7 develop &     
support tools1 approa*es1 & int]m$i>ies 
t c mobilize private f9ance at scale 9 !
 develop+ _w2  7#d7 pursue projects (   
all sizes1 especially ^? t are small b  
design$ = "w 9 ! mo/ und]develop$ areas1
 includ+ c\ntries ) *ronic suff]+ z a   
result ( extreme pov]ty1 fragile        
in/itutions1 or a hi/ory ( viol5ce2 &   
7#e7 pursue projects consi/5t ) ! /at$  
goals ( ! ,dep>tm5t ( ,/ate & !         
,/rategic ,plan & ! ,mission ,c\ntry    
,developm5t ,coop]ation ,/rategies ( !  
,unit$ ,/ates ,ag5cy = ,int]national    
,developm5t4  7b7 ,assi/ance ,to a*ieve 
! goals describ$ 9 subsection 7a71 !    
,corporation %all-- 7#a7 develop risk   
mitigation tools2  7#b7 provide         
transaction /ructur+ support = bl5d$    
f9ance models2  7#c7 support int]m$i>ies
 l9k+ capital supply & dem&2  7#d7      
coord9ate ) o!r ,f$]al ag5cies to       
support or accel]ate transactions2  7#e7
 conv5e f9ancial1 donor1 & public sector

 p>tn]s ar\nd opportunities = private   
f9ance )9 developm5t priorities2  7#f7  
(f] /rategic plann+ & programm+         
assi/ance to catalyze inve/m5t into     
priority sectors2  7#g7 provide         
transaction /ructur+ support2  7#h7     
deliv] tra9+ & k managem5t tools =      
engag+ private inve/ors2  7#i7 p>tn] )  
private sector entities t provide access
 to capital & exp]tise2 &  7#aj7 id5tify
 & scre5 new inve/m5t p>tn]s4  ,v       
,conditions1 re/rictions1 & prohibitions
  #eja4 ,limitations & pref]5ces  7a7   
,limitation on support = s+le entity ,no
 entity receiv+ support f ! ,corporation
 "u title ,,ii may receive m ?an an     
am\nt equal to #e p]c5t ( !             
,corporation's maximum cont+5t liability
 au?oriz$ "u section #cjc4  7b7         
,pref]5ce = support ( inve/m5t by ,unit$
 ,/ates inve/ors  7#a7 ,9 g5]al ,!      
,corporation %all give pref]5tial       
consid]ation to projects sponsor$ by or 
involv+ private sector entities t are   
,unit$ ,/ates p]sons4  7#b7 ,unit$      

,/ates p]son def9$ ,9 ?is subsection1 ! 
t]m ,unit$ ,/ates p]son means-- 7,a7 a  
,unit$ ,/ates citiz52 or  7,b7 an entity
 significantly b5eficially own$ by      
individuals describ$ 9 subp>agraph 7,a74
  7c7 ,pref]5ce = provision ( support 9 
c\ntries 9 compliance ) int]national    
trade obligations  7#a7 ,consultations )
 ,unit$ ,/ates ,trade ,repres5tative ,n 
less frequ5tly ?an annually1 !          
,corporation %all consult ) ! ,unit$    
,/ates ,trade ,repres5tative ) respect  
to ! /atus ( c\ntries eligible to       
receive support f ! ,corporation "u     
title ,,ii & ! compliance ( ^? c\ntries 
) _! int]national trade obligations4    
7#b7 ,pref]5tial consid]ation ,!        
,corporation %all give pref]5tial       
consid]ation to provid+ support "u title
 ,,ii = projects 9 c\ntries 9 compliance
 ) or mak+ sub/antial progress com+ into
 compliance ) _! int]national trade     
obligations4  7d7 ,work] rights ,!      
,corporation %\ld support projects "u   
title ,,ii 9 c\ntries t are tak+ /eps to

 adopt & implem5t laws t ext5d          
int]nationally recogniz$ work] rights 7z
 def9$ 9 section #ejg ( ! ,trade ,act ( 
#aigd 7#ai ,u4,s4,c4 #bdfg77 to work]s 9
 t c\ntry4  7e7 ,environm5tal impact ,! 
,bo>d %all n vote 9 favor ( any project 
propos$ to be support$ by ! ,corporation
 "u title ,,ii t is likely to h         
significant adv]se environm5tal impacts 
t are s5sitive1 div]se1 or unprec$5t$1  
unless--  7#a7 be=e ! date ( ! vote1 an 
environm5tal impact assessm5t or initial
 environm5tal audit1 analyz+ !          
environm5tal impacts ( ! propos$ project
 & ( alt]natives to ! propos$ project1  
is complet$2 &  7#b7 su* assessm5t or   
audit has be5 made available to ! public
 ( ! ,unit$ ,/ates1 locally affect$     
gr\ps 9 ! c\ntry 9 :i* ! project w be   
c>ri$ out1 & nongov]nm5tal organizations
 9 t c\ntry4  #ejb4 ,additionality &    
avoidance ( m>ket di/ortion  7a7 ,9     
g5]al ,be=e ! ,corporation provides     
support = a project "u title ,,ii1 !    
,corporation %all ensure t private      

sector entities are af=d$ an opportunity
 to support ! project in/ead ( ! project
 receiv+ support f ! ,corporation4  7b7 
,safegu>ds1 policies1 & guidel9es ,!    
,corporation %all develop appropriate   
safegu>ds1 policies1 & guidel9es to     
ensure t support provid$ by !           
,corporation "u title ,,ii--  7#a7      
supplem5ts & enc\rages1 b does n compete
 )1 private sector support2 &  7#b7     
op]ates accord+ to int]nationally       
recogniz$ be/ practices & /&>ds )       
respect to ensur+ ! avoidance ( m>ket   
di/ort+ gov]nm5t subsidies & ! cr[d+ out
 ( private sector l5d+4  #ejc4          
,prohibition on support 9 sanction$     
c\ntries & ) sanction$ p]sons  7a7 ,9   
g5]al ,! ,corporation is prohibit$ f    
provid+ support "u title ,,ii 9 a c\ntry
 ! gov]nm5t ( :i* ! ,secret>y ( ,/ate   
has det]m9$ has repeat$ly provid$       
support = acts ( int]national t]rorism =
 purposes (--  7#a7 section             
#f7;j77#a77;,a7 ( ! ,export             
,adm9i/ration ,act ( #aigi 7#ej         

,u4,s4,c4 #dfje7;j77#a77;,a77 7z cont9u$
 9 effect pursuant to ! ,int]national   
,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agja et seq4772  7#b7 section
 #fbj;,a7a7 ( ! ,=eign ,assi/ance ,act (
 #aifa 7#bb ,u4,s4,c4 #bcga7;a772  7#c7 
section #dj7;d7 ( ! ,arms ,export       
,control ,act 7#bb ,u4,s4,c4 #bghj7;d772
 or  7#d7 any o!r provision ( law4  7b7 
,prohibition on support ( sanction$     
p]sons ,! ,corporation is prohibit$ f   
support+ a project "u title ,,ii t      
b5efits any entity subject to sanctions 
impos$ by ! ,unit$ ,/ates4  #ejd4       
,p5alties = misrepres5tation1 fraud1 &  
brib]y ,subsections 7g71 7l71 & 7n7 (   
section #bcg ( ! ,=eign ,assi/ance ,act 
( #aifa 7#bb ,u4,s4,c4 #baig7 %all apply
 ) respect to ! ,corporation to ! same  
ext5t & 9 ! same mann] z su* subsections
 appli$ ) respect to ! ,ov]seas ,private
 ,inve/m5t ,corporation on ! day be=e ! 
date ( ! enactm5t ( ?is ,act4  #eje4    
,m>ket displacem5t by /ate-own$         
ent]prises & monopolies  7a7 ,policies )

 respect to /ate-,own$ ent]prises ,!    
,corporation %all develop appropriate   
policies & guidel9es to ensure t support
 provid$ "u title ,,ii to a /ate-own$   
ent]prise1 sov]eign weal? fund1 or a    
p>a/atal entity engag$ 9 comm]cial      
activities or to a project 9 :i* su* an 
entity or fund is p>ticipat+ is provid$ 
"u appropriate pr9ciples ( competitive  
neutrality4  7b7 ,prohibition on support
 to monopolies ,! ,corporation may n    
provide support "u title ,,ii to private
 sector entities engag$ 9 monopoli/ic   
practices4  7c7 ,/ate-,own$ ent]prise   
def9$  7#a7 ,9 g5]al ,9 ?is section1 !  
t]m /ate-own$ ent]prise means any       
ent]prise e/abli%$ = a comm]cial or     
bus9ess purpose t is directly own$ or   
controll$ by "o or m gov]nm5ts1 includ+ 
any ag5cy1 in/rum5tality1 subdivision1  
or o!r unit ( gov]nm5t at any level (   
jurisdiction4  7#b7 ,control2 own$ ,=   
purposes ( p>agraph 7#a73 7,a7 ,control 
,! t]m control1 ) respect to an         
ent]prise1 means ! p[] by any means to  

control ! ent]prise reg>dless (--  7i7 !
 level ( own]%ip2 &  7ii7 :e!r or n !   
p[] is ex]cis$4  7,b7 ,own$ ,! t]m own$1
 ) respect to an ent]prise1 means a     
majority or controll+ int]e/1 :e!r by   
value or vot+ int]e/1 ( ! %>es ( t      
ent]prise1 includ+ ?r\gh fiduci>ies1    
ag5ts1 or o!r means4  ,,vi ,transitional
 provisions  #fja4 ,def9itions ,9 ?is   
title3 7#a7 ,ag5cy ,! t]m ag5cy includes
 any entity1 organizational unit1       
program1 or function4  7#b7 ,transition 
p]iod ,! t]m transition p]iod means !   
p]iod-- 7,a7 beg9n+ on ! date ( !       
enactm5t ( ?is ,act2 &  7,b7 end+ on !  
effective date ( ! reorganization plan  
requir$ by section #fjb7;d74  #fjb4     
,reorganization plan  7a7 ,submission ( 
plan ,n lat] ?an #fj days aft] ! date ( 
! enactm5t ( ?is ,act1 ! ,presid5t %all 
transmit to ! appropriate congressional 
committees a reorganization plan reg>d+ 
! foll[+3  7#a7 ,! transf] ( ag5cies1   
p]sonnel1 assets1 & obligations to !    
,corporation pursuant to ?is title4     

7#b7 ,any consolidation1 reorganization1
 or /reaml9+ ( ag5cies transf]r$ to !   
,corporation pursuant to ?is title4  7b7
 ,plan elem5ts ,! plan transmitt$ "u    
subsection 7a7 %all conta91 consi/5t )  
?is ,act1 su* elem5ts z ! ,presid5t     
deems appropriate1 includ+ ! foll[+3    
7#a7 ,id5tification ( any functions (   
ag5cies transf]r$ to ! ,corporation     
pursuant to ?is title t w n be transf]r$
 to ! ,corporation "u ! plan4  7#b7     
,specification ( ! /eps to be tak5 to   
organize ! ,corporation1 includ+ !      
delegation or assignm5t ( functions     
transf]r$ to ! ,corporation among (fic]s
 ( ! ,corporation 9 ord] to p]mit !     
,corporation to c>ry out ! functions    
transf]r$ "u ! plan4  7#c7              
,specification ( ! funds available to   
ea* ag5cy t w be transf]r$ to !         
,corporation z a result ( transf]s "u ! 
plan4  7#d7 ,specification ( ! propos$  
allocations )9 ! ,corporation ( unexp5d$
 funds transf]r$ 9 connection ) transf]s
 "u ! plan4  7#e7 ,specification ( any  

propos$ disposition ( prop]ty1          
facilities1 contracts1 records1 & o!r   
assets & obligations ( ag5cies transf]r$
 "u ! plan4  7c7 ,modification ( plan ,!
 ,presid5t may1 on ! basis (            
consultations ) ! appropriate           
congressional committees1 modify or     
revise any "p ( ! plan until t "p ( !   
plan becomes effective 9 accordance )   
subsection 7d74  7d7 ,effective date    
7#a7 ,9 g5]al ,! reorganization plan    
describ$ 9 ?is section1 includ+ any     
modifications or revisions ( ! plan "u  
subsection 7c71 %all become effective = 
an ag5cy on ! date specifi$ 9 ! plan 7or
 ! plan z modifi$ pursuant to subsection
 7c771 except t su* date may n be e>li] 
?an #ij days aft] ! date ! ,presid5t has
 transmitt$ ! reorganization plan to !  
appropriate congressional committees    
pursuant to subsection 7a74  7#b7       
,/atutory con/ruction ,no?+ 9 ?is       
subsection may be con/ru$ to require !  
transf] ( functions1 p]sonnel1 records1 
balances ( appropriations1 or o!r assets

 ( an ag5cy on a s+le date4  #fjc4      
,transf] ( functions  7a7 ,9 g5]al      
,effective at ! end ( ! transition      
p]iod1 !re %all be transf]r$ to !       
,corporation ! functions1 p]sonnel1     
assets1 & liabilities (--  7#a7 !       
,ov]seas ,private ,inve/m5t             
,corporation1 z 9 exi/5ce on ! day be=e 
! date ( ! enactm5t ( ?is ,act2 &  7#b7 
! foll[+ elem5ts ( ! ,unit$ ,/ates      
,ag5cy = ,int]national ,developm5t3 7,a7
 ,! ,developm5t ,cr$it ,au?ority4  7,b7 
,! ent]prise funds4  7,c7 ,! ,(fice (   
,private ,capital & ,micro5t]prise4  7b7
 ,bilat]al agreem5ts ,any bilat]al      
agreem5t ( ! ,unit$ ,/ates 9 effect on !
 date ( ! enactm5t ( ?is ,act t s]ves z 
! basis = programs ( ! ,ov]seas ,private
 ,inve/m5t ,corporation %all be consid]$
 z satisfy+ ! requirem5ts ( section     
#cja7;a74  7c7 ,transition ,dur+ !      
transition p]iod1 ! ag5cies specifi$ 9  
subsection 7a7 %all-- 7#a7 cont9ue to   
adm9i/] ! assets & obligations ( ^?     
ag5cies2 &  7#b7 c>ry out su* programs &

 activities au?oriz$ "u ?is ,act z may  
be det]m9$ by ! ,presid5t4  #fjd4       
,t]m9ation ( ,ov]seas ,private ,inve/m5t
 ,corporation & o!r sup]c$$ au?orities  
,effective at ! end ( ! transition      
p]iod-- 7#a7 ! ,ov]seas ,private        
,inve/m5t ,corporation is t]m9at$2 &    
7#b7 ! foll[+ provisions are repeal$3   
7,a7 ,title ,,iv ( *apt] #b ( "p ,i ( ! 
,=eign ,assi/ance ,act ( #aifa 7#bb     
,u4,s4,c4 #baia et seq47 7o!r ?an       
subsections 7g71 7l71 & 7n7 ( section   
#bcg ( t ,act74  7,b7 ,subtitle ,b (    
title ,,vi ( t *apt] 7#bb ,u4,s4,c4     
#bbab74  #fje4 ,transitional au?orities 
7a7 ,provision ( assi/ance by (ficials  
,until ! transf] ( an ag5cy to !        
,corporation "u section #fjc1 any       
(ficial hav+ au?ority ov] or functions  
relat+ to ! ag5cy imm$iately be=e ! date
 ( ! enactm5t ( ?is ,act %all provide to
 ! ,corporation su* assi/ance1 includ+ !
 use ( p]sonnel & assets1 z !           
,corporation may reque/ 9 prep>+ = !    
transf] & integration ( ! ag5cy into !  

,corporation4  7b7 ,s]vices & p]sonnel  
,dur+ ! transition p]iod1 ^u ! reque/ ( 
! ,corporation1 ! head ( any executive  
ag5cy may1 on a reimbursable basis1     
provide s]vices or detail p]sonnel to   
assi/ ) ! transition4  7c7 ,act+        
(ficials  7#a7 ,9 g5]al ,dur+ !         
transition p]iod1 p5d+ ! advice & cons5t
 ( ! ,s5ate to ! appo9tm5t ( an (fic]   
requir$ by ?is ,act to be appo9t$ by & )
 su* advice & cons5t1 ! ,presid5t may   
designate any (fic] ^: appo9tm5t 0      
requir$ to be made by & ) su* advice &  
cons5t & :o 0 su* an (fic] imm$iately   
be=e ! date ( ! enactm5t ( ?is ,act 7&  
:o cont9ues 9 (fice7 or imm$iately be=e 
su* designation1 to act 9 su* (fice     
until ! same is fill$ z provid$ 9 ?is   
,act4 ,:ile s act+1 su* (fic]s %all     
receive comp5sation at ! high] (--  7,a7
 ! rates provid$ by ?is ,act = !        
respective (fices 9 :i* !y act2 or  7,b7
 ! rates provid$ = ! (fices held at ! "t
 ( designation4  7#b7 ,rule (           
con/ruction ,no?+ 9 ?is ,act %all be    

con/ru$ to require ! advice & cons5t ( !
 ,s5ate to ! appo9tm5t by ! ,presid5t to
 a position 9 ! ,corporation ( any (fic]
 ^: ag5cy is transf]r$ to ! ,corporation
 pursuant to ?is title & ^: duties      
foll[+ su* transf] are g]mane to ^?     
p]=m$ be=e su* transf]4  7d7 ,transf] ( 
p]sonnel1 assets1 obligations1 &        
functions ,^u ! transf] ( an ag5cy to ! 
,corporation "u section #fjc-- 7#a7 !   
p]sonnel1 assets1 & obligations held by 
or available 9 connection ) ! ag5cy %all
 be transf]r$ to ! ,corporation =       
appropriate allocation1 subject to !    
approval ( ! ,director ( ! ,(fice (     
,managem5t & ,budget & 9 accordance )   
section #aeca7;a77#b7 ( title #ca1      
,unit$ ,/ates ,code2 &  7#b7 !          
,corporation %all h all functions-- 7,a7
 relat+ to ! ag5cy t any o!r (ficial    
c\ld by law ex]cise 9 relation to !     
ag5cy imm$iately be=e su* transf]2 &    
7,b7 ve/$ 9 ! ,corporation by ?is ,act  
or o!r law4  #fjf4 ,sav+s provisions    
7a7 ,complet$ adm9i/rative actions  7#a7

 ,9 g5]al ,complet$ adm9i/rative actions
 ( an ag5cy %all n be affect$ by !      
enactm5t ( ?is ,act or ! transf] ( su*  
ag5cy to ! ,corporation "u section #fjc1
 b %all cont9ue 9 effect accord+ to _!  
t]ms until am5d$1 modifi$1 sup]s$$1     
t]m9at$1 set aside1 or revok$ 9         
accordance ) law by an (fic] ( ! ,unit$ 
,/ates or a c\rt ( compet5t             
jurisdiction1 or by op]ation ( law4     
7#b7 ,complet$ adm9i/rative action def9$
 ,9 ?is subsection1 ! t]m complet$      
adm9i/rative action includes ord]s1     
det]m9ations1 rules1 regulations1       
p]sonnel actions1 p]mits1 agreem5ts1    
grants1 contracts1 c]tificates1 lic5ses1
 regi/rations1 & privileges4  7b7 ,p5d+ 
proce$+s  7#a7 ,9 g5]al ,p5d+ proce$+s 9
 an ag5cy1 includ+ notices ( propos$    
rulemak+1 & applications = lic5ses1     
p]mits1 c]tificates1 grants1 & f9ancial 
assi/ance1 %all cont9ue not)/&+ !       
enactm5t ( ?is ,act or ! transf] ( !    
ag5cy to ! ,corporation1 unless         
discont9u$ or modifi$ "u ! same t]ms &  

conditions & to ! same ext5t t su*      
discont9uance c\ld h occurr$ if su*     
enactm5t or transf] _h n occurr$4  7#b7 
,ord]s ,ord]s issu$ 9 proce$+s describ$ 
9 p>agraph 7#a71 & appeals !refrom1 &   
paym5ts made pursuant to su* ord]s1 %all
 issue 9 ! same mann] & on ! same t]ms z
 if ?is ,act _h n be5 enact$ or ! ag5cy 
_h n be5 transf]r$1 & any su* ord]s %all
 cont9ue 9 effect until am5d$1 modifi$1 
sup]s$$1 t]m9at$1 set aside1 or revok$  
by an (fic] ( ! ,unit$ ,/ates or a c\rt 
( compet5t jurisdiction1 or by op]ation 
( law4  7c7 ,p5d+ civil actions ,p5d+   
civil actions %all cont9ue not)/&+ !    
enactm5t ( ?is ,act or ! transf] ( an   
ag5cy to ! ,corporation1 & 9 su* civil  
actions1 proce$+s %all be _h1 appeals   
tak51 & judgm5ts r5d]$ & en=c$ 9 ! same 
mann] & ) ! same effect z if su*        
enactm5t or transf] _h n occurr$4  7d7  
,ref]5ces ,ref]5ces relat+ to an ag5cy t
 is transf]r$ to ! ,corporation "u      
section #fjc 9 /atutes1 ,executive      
ord]s1 rules1 regulations1 directives1  

or delegations ( au?ority t prec$e su*  
transf] or ! date ( ! enactm5t ( ?is    
,act %all be deem$ to ref]1 z           
appropriate1 to ! ,corporation1 to its  
(fic]s1 employees1 or ag5ts1 or to its  
correspond+ organizational units or     
functions4 ,/atutory report+ requirem5ts
 t appli$ 9 relation to su* an ag5cy    
imm$iately be=e ! effective date ( ?is  
,act %all cont9ue to apply foll[+ su*   
transf] if !y ref] to ! ag5cy by "n4    
7e7 ,employm5t provisions  7#a7         
,regulations ,! ,corporation may1 9     
regulations prescrib$ jo9tly ) !        
,director ( ! ,(fice ( ,p]sonnel        
,managem5t1 adopt ! rules1 proc$ures1   
t]ms1 & conditions1 e/abli%$ by /atute1 
rule1 or regulation be=e ! date ( !     
enactm5t ( ?is ,act1 relat+ to employm5t
 9 any ag5cy transf]r$ to ! ,corporation
 "u section #fjc4  7#b7 ,effect (       
transf] on conditions ( employm5t       
,except z o!rwise provid$ 9 ?is ,act1 or
 "u au?ority grant$ by ?is ,act1 !      
transf] pursuant to ?is title ( p]sonnel

 %all n alt] ! t]ms & conditions (      
employm5t1 includ+ comp5sation1 ( any   
employee s transf]r$4  7f7 ,/atutory    
report+ requirem5ts ,any /atutory       
report+ requirem5t t appli$ to an ag5cy 
transf]r$ to ! ,corporation "u ?is title
 imm$iately be=e ! date ( ! enactm5t (  
?is ,act %all cont9ue to apply foll[+ t 
transf] if ! /atutory requirem5t ref]s  
to ! ag5cy by "n4  #fjg4 ,o!r t]m9ations
 ,except z o!rwise provid$ 9 ?is ,act1  
:5ev] all ! functions ve/$ by law 9 any 
ag5cy h be5 transf]r$ pursuant to ?is   
title1 ea* position & (fice ! incumb5t (
 :i* 0 au?oriz$ to receive comp5sation  
at ! rates prescrib$ = an (fice or      
position at level ,,ii1 ,,iii1 ,,iv1 or 
,v ( ! ,executive ,s*$ule "u sub*apt]   
,,ii ( *apt] #ec ( title #e1 ,unit$     
,/ates ,code1 %all t]m9ate4  #fjh4      
,incid5tal transf]s ,! ,director ( !    
,(fice ( ,managem5t & ,budget1 9        
consultation ) ! ,corporation1 is       
au?oriz$ & direct$ to make su*          
additional incid5tal dispositions (     

p]sonnel1 assets1 & liabilities held1   
us$1 aris+ f1 available1 or to be made  
available1 9 connection ) ! functions   
transf]r$ by ?is title1 z ! ,director   
may det]m9e necess>y to accompli% !     
purposes ( ?is ,act4  #fji4 ,ref]5ce ,) 
respect to any function transf]r$ "u ?is
 title 7includ+ "u a reorganization plan
 "u section #fjb7 & ex]cis$ on or aft] !
 date ( ! enactm5t ( ?is ,act1 ref]5ce 9
 any o!r ,f$]al law to any dep>tm5t1    
commission1 or ag5cy or any (fic] or    
(fice ! functions ( :i* are s transf]r$ 
%all be deem$ to ref] to ! ,corporation 
or (ficial or compon5t ( ! ,corporation 
to :i* t function is s transf]r$4  #faj4
 ,con=m+ am5dm5ts  7a7 ,exempt programs 
,section #bee7;g7 ( ! ,balanc$ ,budget &
 ,em]g5cy ,deficit ,control ,act ( #aihe
 7#b ,u4,s4,c4 #ije7;g77 is am5d$ by    
/rik+ ,ov]seas ,private ,inve/m5t       
,corporation1 ,noncr$it ,acc\nt         
7#ga-dahd-j-c-aea74 & ins]t+ ,unit$     
,/ates ,int]national ,developm5t ,f9ance
 ,corporation44  7b7 ,executive ,s*$ule 

,title #e1 ,unit$ ,/ates ,code1 is      
am5d$-- 7#a7 9 section #ecad1 by /rik+  
,presid5t1 ,ov]seas ,private ,inve/m5t  
,corporation42  7#b7 9 section #ecae1 by
 /rik+ ,executive ,vice ,presid5t1      
,ov]seas ,private ,inve/m5t             
,corporation42 &  7#c7 9 section #ecaf1 
by /rik+ ,vice ,presid5ts1 ,ov]seas     
,private ,inve/m5t ,corporation 7#c744  
7c7 ,(fice ( ,int]national ,trade ( !   
,small ,bus9ess ,adm9i/ration ,section  
#bb ( ! ,small ,bus9ess ,act 7#ae       
,u4,s4,c4 #fdi7 is am5d$-- 7#a7 9       
subsection 7b71 9 ! matt] prec$+        
p>agraph 7#a71 by /rik+ ! ,presid5t ( ! 
,ov]seas ,private ,inve/m5t             
,corporation1 ,director & ins]t+ ! ,bo>d
 ( ,directors ( ! ,unit$ ,/ates         
,int]national ,developm5t ,f9ance       
,corporation1 ! ,director2 &  7#b7 by   
/rik+ ,ov]seas ,private ,inve/m5t       
,corporation ea* place x appe>s & ins]t+
 ,unit$ ,/ates ,int]national ,developm5t
 ,f9ance ,corporation4  7d7 ,unit$      
,/ates & ,=eign ,comm]cial ,s]vice      

,section #bcja ( ! ,export ,enhancem5t  
,act ( #aihh 7#ae ,u4,s4,c4 #dgba7 is   
am5d$ by /rik+ ,ov]seas ,private        
,inve/m5t ,corporation ea* place x      
appe>s & ins]t+ ,unit$ ,/ates           
,int]national ,developm5t ,f9ance       
,corporation4  7e7 ,trade ,promotion    
,coord9at+ ,committee ,section          
#bcab7;d77#a77,k7 ( ! ,export           
,enhancem5t ,act ( #aihh 7#ae ,u4,s4,c4 
#dgbg7;d77#a77,k77 is am5d$ by /rik+    
,ov]seas ,private ,inve/m5t ,corporation
 & ins]t+ ,unit$ ,/ates ,int]national   
,developm5t ,f9ance ,corporation4  7f7  
,int]ag5cy ,trade ,data ,advisory       
,committee ,section #edjb7;b7 ( !       
,omnibus ,trade & ,competitiv5ess ,act (
 #aihh 7#ae ,u4,s4,c4 #dijb7;b77 is     
am5d$ by /rik+ ! ,presid5t ( ! ,ov]seas 
,private ,inve/m5t ,corporation & ins]t+
 ! ,*ief ,executive ,(fic] ( ! ,unit$   
,/ates ,int]national ,developm5t ,f9ance
 ,corporation4  7g7 ,misuse ( names (   
,f$]al ag5cies ,section #gji ( title    
#ah1 ,unit$ ,/ates ,code1 is am5d$ by   

/rik+ ,ov]seas ,private ,inve/m5t1      
,ov]seas ,private ,inve/m5t             
,corporation1 or ,,opic1 & ins]t+ ,unit$
 ,/ates ,int]national ,developm5t       
,f9ance ,corporation or ,,dfc4  7h7     
,engagem5t on curr5cy ex*ange rate &    
economic policies ,section              
#gja7;c77#a77;,a7 ( ! ,trade            
,facilitation & ,trade ,en=cem5t ,act ( 
#bjae 7#ai ,u4,s4,c4 #ddba7;c77#a77;,a77
 is am5d$ by /rik+ ,ov]seas ,private    
,inve/m5t ,corporation & ins]t+ ,unit$  
,/ates ,int]national ,developm5t ,f9ance
 ,corporation4  7i7 ,int]n%ips )        
,in/itute = ,int]national ,public       
,policy ,section #fbe ( ! ,high]        
,education ,act ( #aife 7#bj ,u4,s4,c4  
#aaca;c7a77 is am5d$ by /rik+ ,ov]seas  
,private ,inve/m5t ,corporation & ins]t+
 ,unit$ ,/ates ,int]national ,developm5t
 ,f9ance ,corporation4  7j7 ,=eign      
,assi/ance ,act ( #aifa ,! ,=eign       
,assi/ance ,act ( #aifa 7#bb ,u4,s4,c4  
#baea et seq47 is am5d$--  7#a7 9       
section #ddi;,b7b77#b7 7#bb ,u4,s4,c4   

#bbif;b7b77#b771 by /rik+ ,ov]seas      
,private ,inve/m5t ,corporation & ins]t+
 ,unit$ ,/ates ,int]national ,developm5t
 ,f9ance ,corporation2 &  7#b7 9 section
 #dha7;e77#d77;,a7 7#bb ,u4,s4,c4       
#bbia7;e77#d77;,a771 9 ! matt] prec$+   
clause 7i71 by /rik+ 7includ+ programs  
"u title ,,iv ( *apt] #b1 relat+ to !   
,ov]seas ,private ,inve/m5t             
,corporation7 & ins]t+ 7& any support "u
 title ,,ii ( ! ,bett] ,utilization (   
,inve/m5ts ,lead+ to ,developm5t ,act ( 
#bjah1 relat+ to ! ,unit$ ,/ates        
,int]national ,developm5t ,f9ance       
,corporation74  7k7 ,electrify ,africa  
,act ( #bjae ,sections #e & #g ( !      
,electrify ,africa ,act ( #bjae 7,public
 ,law #aad-aba2 #bb ,u4,s4,c4 #bbic     
note7 are am5d$ by /rik+ ,ov]seas       
,private ,inve/m5t ,corporation ea*     
place x appe>s & ins]t+ ,unit$ ,/ates   
,int]national ,developm5t ,f9ance       
,corporation4  7l7 ,=eign ,aid          
,transp>5cy & ,acc\ntability ,act (     
#bjaf ,section #b7c7 ( ! ,=eign ,aid    

,transp>5cy & ,acc\ntability ,act (     
#bjaf 7,public ,law #aad-aia2 #bb       
,u4,s4,c4 #bcid;c note7 is am5d$ by     
/rik+ subp>agraph 7,a7 & ins]t+ !       
foll[+3  7,a7 title ,,ii ( ! ,bett]     
,utilization ( ,inve/m5ts ,lead+ to     
,developm5t ,act ( #bjah2  4  7m7       
,support = ,ea/ ,european ,democracy    
7,,se$7 ,program ,section #b7;c7 ( !    
,support = ,ea/ ,european ,democracy    
7,,se$7 ,act ( #aihi 7#bb ,u4,s4,c4     
#edja7;c77 is am5d$ by /rik+ p>agraph   
7#ab7 & ins]t+ ! foll[+3  7#ab7 ,unit$  
,/ates ,int]national ,developm5t ,f9ance
 ,corporation ,programs ( ! ,unit$      
,/ates ,int]national ,developm5t ,f9ance
 ,corporation4  4  7n7 ,cuban ,lib]ty & 
,democratic ,solid>ity 7,,lib]tad7 ,act 
( #aiif ,section #bjb7;b77#b77;,b77iv7 (
 ! ,cuban ,lib]ty & ,democratic         
,solid>ity 7,,lib]tad7 ,act ( #aiif 7#bb
 ,u4,s4,c4 #fjfb7;b77#b77;,b77iv77 is   
am5d$ by /rik+ ,ov]seas ,private        
,inve/m5t ,corporation & ins]t+ ,unit$  
,/ates ,int]national ,developm5t ,f9ance

 ,corporation4  7o7 ,int]national       
,religi\s ,fre$om ,act ( #aiih ,section 
#dje7;a77#aj7 ( ! ,int]national         
,religi\s ,fre$om ,act ( #aiih 7#bb     
,u4,s4,c4 #fdde7;a77#aj77 is am5d$ by   
/rik+ ,ov]seas ,private ,inve/m5t       
,corporation & ins]t+ ,unit$ ,/ates     
,int]national ,developm5t ,f9ance       
,corporation4  7p7 ,traffick+ ,victims  
,protection ,act ( #bjjj ,section       
#ajc7h7 ( ! ,traffick+ ,victims         
,protection ,act ( #bjjj 7#bb ,u4,s4,c4 
#gajb7h77 is am5d$-- 7#a7 9 clause      
7vii71 by /rik+ ! semicolon & ins]t+ 2  
&2 &  7#b7 by /rik+ clause 7viii74  7q7 
,te*nology deploym5t 9 develop+ c\ntries
 ,section #gcb7;b7 ( ! ,global          
,environm5tal ,protection ,assi/ance    
,act ( #aihi 7#bb ,u4,s4,c4 #gijb7;b77  
is am5d$ by /rik+ ,ov]seas ,private     
,inve/m5t ,corporation & ins]t+ ,unit$  
,/ates ,int]national ,developm5t ,f9ance
 ,corporation4  7r7 ,exp&$ nonmilit>y   
assi/ance = ,ukra9e ,section #g7;c77#c7 
( ! ,ukra9e ,fre$om ,support ,act (     

#bjad 7#bb ,u4,s4,c4 #hibf7;c77#c77 is  
am5d$-- 7#a7 9 ! matt] prec$+           
subp>agraph 7,a71 by /rik+ ,ov]seas     
,private ,inve/m5t ,corporation & ins]t+
 ,unit$ ,/ates ,int]national ,developm5t
 ,f9ance ,corporation2 &  7#b7 9        
subp>agraph 7,b71 by /rik+ by eligible  
inve/ors 7z def9$ 9 section #bch ( !    
,=eign ,assi/ance ,act ( #aifa 7#bb     
,u4,s4,c4 #baih774  7s7 ,global ,food   
,security ,act ( #bjaf ,section #d7g7 ( 
! ,global ,food ,security ,act ( #bjaf  
7#bb ,u4,s4,c4 #icjc7g77 is am5d$ by    
/rik+ ,ov]seas ,private ,inve/m5t       
,corporation & ins]t+ ,unit$ ,/ates     
,int]national ,developm5t ,f9ance       
,corporation4  7t7 ,s5se ( ,congress on 
,european & ,eurasian en]gy security    
,section #beg7;c77#b77;,b7 ( ! ,c\nt]+  
,russian ,influ5ce 9 ,europe & ,eurasia 
,act ( #bjag 7#bb ,u4,s4,c4             
#iedf7;c77#b77;,b77 is am5d$ by /rik+   
,ov]seas ,private ,inve/m5t ,corporation
 & ins]t+ ,unit$ ,/ates ,int]national   
,developm5t ,f9ance ,corporation4  7u7  

,:olly own$ ,gov]nm5t corporation       
,section #iaja7c7 ( title #ca1 ,unit$   
,/ates ,code1 is am5d$ by /rik+ ,ov]seas
 ,private ,inve/m5t ,corporation &      
ins]t+ ,unit$ ,/ates ,int]national      
,developm5t ,f9ance ,corporation4  7v7  
,en]gy ,indep5d5ce & ,security ,act (   
#bjjg ,title ,,ix ( ! ,en]gy ,indep5d5ce
 & ,security ,act ( #bjjg 7#db ,u4,s4,c4
 #agcba et seq47 is am5d$--  7#a7 9     
section #iad 7#db ,u4,s4,c4 #agccd7--   
7,a7 9 ! section head+1 by /rik+        
,ov]seas ,private ,inve/m5t ,corporation
 & ins]t+ ,unit$ ,/ates ,int]national   
,developm5t ,f9ance ,corporation2  7,b7 
9 subsection 7a71 9 ! matt] prec$+      
p>agraph 7#a71 by /rik+ ,ov]seas        
,private ,inve/m5t ,corporation & ins]t+
 ,unit$ ,/ates ,int]national ,developm5t
 ,f9ance ,corporation2 &  7,c7 9        
subsection 7b71 9 ! matt] prec$+        
p>agraph 7#a71 by /rik+ ,ov]seas        
,private ,inve/m5t ,corporation %all    
include 9 its annual report requir$ "u  
section #bdj;,a ( ! ,=eign ,assi/ance   

,act ( #aifa 7#bb ,u4,s4,c4 #bbjj;a7 &  
ins]t+ ,unit$ ,/ates ,int]national      
,developm5t ,f9ance ,corporation %all   
include 9 its annual report requir$ "u  
section #djc ( ! ,bett] ,utilization (  
,inve/m5ts ,lead+ to ,developm5t ,act ( 
#bjah2 &  7#b7 9 section                
#iaf7;a77#b77;,i7 7#db ,u4,s4,c4        
#agccf7;a77#b77;,i771 by /rik+ ,ov]seas 
,private ,inve/m5t ,corporation3 &      
ins]t+ ,unit$ ,/ates ,int]national      
,developm5t ,f9ance ,corporation24  7w7 
,effective date ,! am5dm5ts made by ?is 
section %all take effect at ! end ( !   
transition p]iod4