,,ii #aahth ,,congress #ast ,session ,s4 #cbjg ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,november #b1 #bjbc,mr4 ,graham 7for himself1 ,mr4 ,coons1 and ,mr4 ,boozman7 introduced the following bill2 which was read twice and referred to the ,committee on ,foreign ,relations ,a ,,bill ,to establish the ,foundation for ,international ,food ,security to leverage private sector investments in order to improve agricultural productivity1 build food systems to mitigate food shock1 help alleviate poverty1 reduce malnutrition1 and drive economic growth in developing countries1 and for other purposes4 #a4 ,short title2 table of contents 7a7 ,short title ,this ,act may be cited as the ,foundation for ,international ,food ,security ,act of #bjbc4 7b7 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title2 table of contents4,sec4 #b4 ,definitions4,sec4 #c4 ,foundation for ,international ,food ,security4,sec4 #d4 ,governance of the ,foundation4,sec4 #e4 ,corporate powers and obligations of the ,foundation4,sec4 #f4 ,safeguards and accountability4,sec4 #g4 ,projects1 financing1 and grants4,sec4 #h4 ,prohibition of support in countries that support terrorism or violate human rights and of support for sanctioned persons4,sec4 #i4 ,annual report4,sec4 #aj4 ,authorization of appropriations4 #b4 ,definitions ,in this ,act3 7#a7 ,appropriate congressional committees ,the term appropriate congressional committees means-- 7,a7 the ,committee on ,foreign ,relations of the ,senate2 7,b7 the ,committee on ,agriculture1 ,nutrition1 and ,forestry of the ,senate2 7,c7 the ,committee on ,appropriations of the ,senate2 7,d7 the ,committee on ,foreign ,affairs of the ,house of ,representatives2 7,e7 the ,committee on ,agriculture of the ,house of ,representatives2 and 7,f7 the ,committee on ,appropriations of the ,house of ,representatives4 7#b7 ,board ,the term ,board means the ,board of ,directors established pursuant to section #d7;a74 7#c7 ,director ,the term ,director means-- 7,a7 an initial member of the ,board appointed pursuant to section #d7;a77#b77;,b72 or 7,b7 a member of the ,board selected to fill a vacancy pursuant to section #d7;a77#c77;,b74 7#d7 ,eligible country ,the term eligible country means any of the countries described in section #g7;b74 7#e7 ,eligible project ,the term eligible project means any of the projects described in section #g7;a77#b74 7#f7 ,executive director ,the term ,executive ,director means the ,executive ,director of the ,foundation hired pursuant to section #d7;c74 7#g7 ,foundation ,the term ,foundation means the ,foundation for ,international ,food ,security established pursuant to section #c7;a74 7#h7 ,key stakeholders ,the term key stakeholders has the meaning given such term in section #d7f7 of the ,global ,food ,security ,act of #bjaf 7#bb ,u4,s4,c4 #icjc7f774 7#i7 ,less developed country ,the term less developed country means a country with a low-income economy1 a lower-middle-income economy1 or an upper-middle-income economy 7as defined by the ,international ,bank for ,reconstruction and ,development and the ,international ,development ,association 7collectively referred to as the ,world ,bank774 7#aj7 ,relevant federal departments and agencies ,the term relevant ,federal departments and agencies means-- 7,a7 the ,united ,states ,agency for ,international ,development2 7,b7 the ,department of ,agriculture2 7,c7 the ,foundation for ,food and ,agriculture ,research2 7,d7 the ,department of ,commerce2 7,e7 the ,department of ,state2 7,f7 the ,department of the ,treasury2 7,g7 the ,millennium ,challenge ,corporation2 7,h7 the ,united ,states ,international ,development ,finance ,corporation2 7,i7 the ,peace ,corps2 7,j7 the ,office of the ,united ,states ,trade ,representative2 7,k7 the ,united ,states ,african ,development ,foundation2 7,l7 the ,united ,states ,geological ,survey2 7,m7 the ,united ,states ,import-,export ,bank2 and 7,n7 any other ,federal department or agency specified by the ,president for purposes of this ,act4 7#aa7 ,resilience ,the term resilience means the ability of people1 households1 communities1 countries1 and systems to mitigate1 adapt to1 and recover from shocks and stresses to food and nutrition security in a manner that reduces chronic vulnerability and facilitates inclusive and sustainable growth4 #c4 ,foundation for ,international ,food ,security 7a7 ,establishment 7#a7 ,in general ,not later than #ahj days after the date of the enactment of this ,act1 the ,secretary of ,state1 in collaboration with the ,secretary of ,agriculture1 shall establish the ,foundation for ,international ,food ,security4 7#b7 ,independence ,the ,foundation shall constitute an independent agency of the ,united ,states4 ,neither the ,foundation nor any of its functions1 powers1 or duties may be transferred to1 or consolidated with1 any other department1 agency1 or corporation of the ,federal ,government absent an ,act of ,congress to such effect4 7#c7 ,tax-exempt status ,the ,board shall take all necessary and appropriate steps to ensure that the ,foundation is established as an organization described in subsection 7c7 of section #eja of the ,internal ,revenue ,code of #aihf1 which exempts the organization from taxation under subsection 7a7 of such section4 7b7 ,purposes ,the purposes of the ,foundation are-- 7#a7 to accelerate sustainable agriculture-led investments that foster food security 7both in the crop and livestock industries7 and are focused on building sustainable resilient food systems by investing in-- 7,a7 infrastructure1 such as irrigation1 warehousing1 storage1 and food processing to prevent food loss2 7,b7 applied agricultural research2 and 7,c7 technology deployment that reduces hunger and malnutrition2 7#b7 to promote effective and data driven initiatives that increase agricultural productivity1 reduce post-harvest loss1 and increase global market access2 7#c7 to set specific and measurable goals1 benchmarks1 timetables1 performance metrics1 and monitoring and evaluation plans that reflect international best practices relating to transparency1 accountability1 food and nutrition security1 and sustainable agriculture-led economic growth2 7#d7 to advocate for1 incentivize1 accept1 and administer funds 7including governmental1 nongovernmental1 private sector1 and philanthropic organization funds1 and earned income from market-based social enterprises7 to increase the availability and predictability of financing selected food security and nutrition initiatives2 7#e7 to deploy and scale technology and innovation to reduce malnutrition2 7#f7 to close critical gaps in public international food security and nutrition funding by-- 7,a7 reducing barriers to private sector funding and creating a more streamlined mechanism to increase private sector investment1 including investments from corporate and philanthropic entities2 7,b7 collaborating with partners providing bilateral and multilateral financing to support enhanced coordination2 7,c7 increasing and supporting domestic resource mobilization to strengthen national governments' ability to co-finance or co-contribute to ,foundation efforts2 and 7,d7 taking steps to limit duplication with existing ,united ,states ,government programs through consultation with the ,board of ,advisors1 relevant ,federal departments and agencies1 eligible countries1 and key stakeholders2 7#g7 to identify and financially support implementation-ready projects that facilitate best agricultural practices1 technology-scaling efforts1 infrastructure1 and other efforts to increase farmers productivity and market access1 while recognizing that the greatest benefits are based on an understanding of local socioeconomic and development challenges2 7#h7 to coordinate with1 and otherwise support and assist1 foreign governments1 private sector entities1 local communities1 and other stakeholders to improve food security1 nutrition1 and agriculture-led economic growth by supporting harmonized regulatory frameworks that encourage innovation and enterprise using an evidence based approach2 7#i7 to coordinate with the ,united ,states ,foundation for ,international ,conservation1 once it is established2 and 7#aj7 to ensure the effective use of ,united ,states taxpayer dollars to further the objectives described in paragraphs 7#a7 through 7#i74 #d4 ,governance of the ,foundation 7a7 ,board of ,directors 7#a7 ,governance ,the ,foundation shall be governed by a ,board of ,directors1 who may consult with the ,board of ,advisors when making decisions related to the ,foundation's work4 7#b7 ,board composition 7,a7 ,in general ,the ,board shall be composed of-- 7i7 the appointed ,directors described in subparagraph 7,b72 and 7ii7 the nonvoting ,directors or their respective appointees1 including-- 7,i7 the ,secretary of ,state2 7,,ii7 the ,administrator of the ,united ,states ,agency for ,international ,development2 7,,iii7 the ,secretary of ,agriculture2 7,,iv7 the ,secretary of ,commerce2 and 7,v7 the ,secretary of the ,treasury4 7,b7 ,appointed directors ,subject to subparagraph 7,c71 the nonvoting ,directors referred to in subparagraph 7,a77ii7 shall appoint1 by majority vote1 as ,directors of the ,board-- 7i7 #b voting ,directors who are independent experts representing diverse points of view1 to the maximum extent practicable2 7ii7 #b voting ,directors who are private sector donors or designees and have made a meaningful financial contribution to the ,foundation2 7iii7 #c nonvoting ,directors who-- 7,i7 are not employed by a government2 7,,ii7 are recognized experts with relevant professional experience2 and 7,,iii7 represent ,africa1 ,latin ,america1 or ,asia2 and 7iv7 #d voting ,directors1 of whom-- 7,i7 #a shall be appointed by the majority leader of the ,senate2 7,,ii7 #a shall be appointed by the minority leader of the ,senate2 7,,iii7 #a shall be appointed by the ,speaker of the ,house of ,representatives2 and 7,,iv7 #a shall be appointed by the minority leader of the ,house of ,representatives4 7,c7 ,qualifications ,each individual appointed to the ,board pursuant to subparagraph 7,b7 shall be knowledgeable and experienced in #a or more matters relating to-- 7i7 agricultural production1 livestock1 land management1 or forestry2 7ii7 agricultural economics1 business development1 technology deployment1 market access1 agribusinesses 7including food companies71 market access1 or relevant commodities groups2 7iii7 international finance and multilateral governance2 7iv7 international development and market access2 or 7v7 international nutrition and malnutrition issues4 7,d7 ,limitation on political affiliation ,both of the ,directors of the ,board who are appointed pursuant to subparagraph 7,b77i7 may not be members of the same political party4 ,both of the ,directors of the ,board who are appointed pursuant to subparagraph 7,b77ii7 may not be members of the same political party4 7,e7 ,chairperson ,the ,board shall elect1 from among the voting ,directors appointed pursuant to subparagraph 7,b71 a ,chairperson1 who shall serve in such position for a #b-year term4 7,f7 ,voting ,all voting ,directors of the ,board appointed pursuant to subparagraph 7,b7 shall have equal voting rights4 7#c7 ,terms2 vacancies 7,a7 ,terms 7i7 ,in general ,the term of service of each ,director appointed pursuant to paragraph 7#b77;,b7 may not exceed #e years4 7ii7 ,initial appointed directors ,of the initial ,directors appointed pursuant to paragraph 7#c77;,b7-- 7,i7 #e ,directors1 including not fewer than #a independent expert and #a private sector donor1 shall serve for a #d-year term2 and 7,,ii7 #e ,directors shall serve for a #e-year term1 as determined by the ,chairperson of the ,board4 7,b7 ,vacancies ,any vacancy in the membership of the appointed ,directors of the ,board-- 7i7 shall be filled in accordance with the bylaws of the ,foundation established pursuant to paragraph 7#h77;,a7 by an individual who meets the qualifications represented by the vacating ,director2 7ii7 does not affect the power of the remaining appointed ,directors to execute the duties of the ,board2 and 7iii7 shall be filled by an individual selected by the ,board4 7#d7 ,quorum ,a majority of the membership of the ,board shall constitute a quorum for the transaction of ,foundation business4 7#e7 ,meetings 7,a7 ,in general ,the ,board shall meet not less frequently than twice per year at the call of the ,chairperson or by the approval of #b_/c of the voting members of the ,board4 7,b7 ,authority ,the ,board shall maintain full control and decision-making authority of the ,foundation4 7,c7 ,removal ,any ,director who is absent from #c consecutive regularly scheduled meetings may be removed from the ,board by a majority vote of the ,board4 7#f7 ,reimbursement of expenses ,directors of the ,board shall serve without pay1 but may be reimbursed for the actual and necessary traveling and subsistence expenses incurred by such members in the performance of their duties on behalf of the ,foundation4 7#g7 ,not ,federal employees ,appointment as a ,director of the ,board shall not constitute employment by1 or the holding of an office of1 the ,united ,states ,government for purposes of any ,federal law4 7#h7 ,duties ,the ,board shall-- 7,a7 establish bylaws for the ,foundation in accordance with paragraph 7#i72 7,b7 provide overall direction for the activities of the ,foundation and establish priority activities2 7,c7 carry out any other necessary activities of the ,foundation2 7,d7 evaluate the performance of the ,executive ,director2 7,e7 take steps to limit the ,foundation's administrative expenses to the extent practicable2 and 7,f7 not less frequently than annually1 consult and coordinate with key stakeholders qualified to provide advice1 assistance1 and information regarding efforts to strengthen food and nutrition security4 7#i7 ,bylaws 7,a7 ,in general ,the bylaws established pursuant to paragraph 7#h77;,a7 shall include-- 7i7 policies for the selection of ,directors of the ,board1 ,members of the ,board of ,advisors1 and officers1 employees1 agents1 and contractors of the ,foundation1 in accordance with subparagraphs 7,b7 and 7,c7 of paragraph 7#b72 7ii7 policies1 including ethical standards1 for-- 7,i7 the acceptance1 solicitation1 and disposition of donations and grants to the ,foundation2 and 7,,ii7 the disposition of assets of the ,foundation2 7iii7 policies that subject all employees1 fellows1 trainees1 and other agents of the ,foundation 7including all of the ,directors of the ,board and all of the ,members of the ,board of ,advisors7 to conflict of interest standards2 7iv7 the specific duties of the ,executive ,director2 7v7 policies for winding down the activities of the ,foundation upon its termination1 including a plan-- 7,i7 to return unobligated appropriations to the ,department of the ,treasury2 and 7,,ii7 to donate unspent private and philanthropic contributions to projects that align with the goals and requirements described in this ,act2 and 7vi7 specific policies and requirements governing project criteria and eligible countries4 7,b7 ,requirements ,the ,board shall ensure the bylaws of the ,foundation and the activities carried out under such bylaws do not-- 7i7 reflect unfavorably on the ability of the ,foundation to carry out activities in a fair and objective manner2 or 7ii7 compromise1 or appear to compromise1 the integrity of any governmental agency or program1 or any officer or employee employed by1 or involved in1 a governmental agency or program4 7b7 ,board of ,advisors composition 7#a7 ,in general ,the ,board of ,advisors shall be composed of-- 7,a7 the ,advisors designated pursuant to paragraph 7#b72 and 7,b7 the ,advisors appointed pursuant to paragraph 7#c74 7#b7 ,advisors ,the following individuals1 or designees of such individuals1 shall serve as members of the ,board of ,advisors3 7,a7 ,the ,chief ,executive ,officer of the ,united ,states ,international ,development ,finance ,corporation4 7,b7 ,the ,chief ,executive ,officer of the ,millennium ,challenge ,corporation4 7,c7 ,the ,ambassador of the ,office of the ,united ,states ,trade ,representative4 7#c7 ,appointed advisors ,the ,executive ,director1 in consultation with the ,directors referred to in subsection 7a77#b7 and the ,advisors referred to in subsection 7b77#b71 shall appoint1 as members of the ,board of ,advisors-- 7,a7 #b deans or other designated faculty members of ,united ,states land-grant colleges or universities that have an international agriculture program2 and 7,b7 #c private sector or nongovernmental organization advisors who are experts in food systems or deployment of agricultural technologies4 7#d7 ,qualifications ,each individual appointed to the ,board of ,advisors pursuant to paragraph 7#c7 shall be knowledgeable and experienced in #a or more matters relating to the industries1 institutions1 or issues described in subsection 7a77#b77;,c74 7#e7 ,terms2 vacancies 7,a7 ,terms ,the term of service for each ,advisor appointed pursuant to paragraph 7#c7 shall be not more than #e years4 7,b7 ,vacancies ,any vacancy in the membership of the appointed ,advisors of the ,board of ,advisors-- 7i7 shall be filled in accordance with the bylaws of the ,foundation by a private sector expert who meets the qualifications described in subsection 7a77#b77;,c71 as represented by the vacating ,advisor2 7ii7 does not affect the power of the remaining appointed ,advisors to execute the duties of the ,board of ,advisors2 and 7iii7 shall be filled by an individual selected by the ,board4 7#f7 ,duties ,the ,board of ,advisors shall provide advice and consultation to the ,board in accordance with the bylaws established pursuant to subsection 7a77#h77;,a74 7#g7 ,removal ,any ,advisor who is absent from #c consecutive regularly scheduled meetings may be removed from the ,board of ,advisors by a majority vote of the ,board of ,advisors4 7c7 ,procedures 7#a7 ,initial meeting ,not later than #ij days after the date of the enactment of this ,act1 the ,chairperson shall convene a meeting of the members of the ,board designated pursuant to subsection 7a77#b77;,a77ii7-- 7,a7 to appoint the ,directors of the ,board in accordance with subsection 7a77#b77;,b72 and 7,b7 to incorporate the ,foundation4 7#b7 ,conflicts of interest 7,a7 ,in general ,except as provided in subparagraph 7,b71 no voting member of the ,board may participate in any decision1 action1 or recommendation with respect to any matter that directly and financially benefits such member or pertains specifically to any public body or any private or nonprofit firm or organization with which such member is formally associated or was formally associated during the most recent #b-year period4 7,b7 ,exception ,subparagraph 7,a7 may not be construed to prohibit a member of the ,board from participating in actions of the ,board pertaining specifically to the public body of which such member is an officer4 7d7 ,executive ,director2 staff 7#a7 ,executive director ,the ,board shall hire a qualified individual to serve1 at the pleasure of the ,board1 as the ,executive ,director of the ,foundation4 7#b7 ,foundation staff ,officers and employees of the ,foundation-- 7,a7 may not be employees of1 or hold any office in1 the ,united ,states ,government2 7,b7 shall be appointed without regard to the provisions of-- 7i7 title #e1 ,united ,states ,code1 governing appointments in the competitive service2 and 7ii7 chapter #ea and subchapter ,,iii of chapter #ec of such title1 relating to classification and ,general ,schedule pay rates2 and 7,c7 may not receive a salary at a rate in excess of #aej percent of the maximum rate of basic pay authorized for positions at level ,i of the ,executive ,schedule under section #ecab of title #e1 ,united ,states ,code1 for any fiscal year4 7e7 ,limitation2 conflicts of interests 7#a7 ,political participation ,the ,foundation may not participate or intervene in any political activities on behalf of any candidate for public office in any country4 7#b7 ,financial interests ,all ,directors of the ,board1 ,advisors1 officers1 and employees of the ,foundation may not participate 7directly or indirectly7 in the consideration or determination of any question before the ,foundation affecting-- 7,a7 the financial interests of such ,director1 officer1 or employee2 and 7,b7 the interests of any corporation1 partnership1 entity1 or organization in which such ,director1 officer1 or employee has any fiduciary obligation or direct or indirect financial interest4 #e4 ,corporate powers and obligations of the ,foundation 7a7 ,general authorities 7#a7 ,in general ,the ,foundation-- 7,a7 may conduct business throughout the ,states1 territories1 and possessions of the ,united ,states and in foreign countries2 7,b7 shall have its principal offices in the ,washington1 ,,dc1 metropolitan area2 and 7,c7 shall continuously maintain a designated agent in ,washington1 ,,dc1 who is authorized to accept notice or service of process on behalf of the ,foundation4 7#b7 ,notice and service of process ,the serving of notice to1 or service of process upon1 the agent referred to in paragraph 7#a77;,c71 or mailed to the business address of such agent1 shall be deemed as service upon1 or notice to1 the ,foundation4 7#c7 ,seal ,the ,foundation shall have an official seal1 which shall be selected by the ,board and judicially noticed4 7b7 ,authorities ,in addition to powers explicitly authorized under this ,act1 the ,foundation1 in order to carry out the purposes described in section #c7;b71 shall have the usual powers of a corporation headquartered in ,washington1 ,,dc1 including the authority-- 7#a7 to accept1 receive1 solicit1 hold1 administer1 and use any gift1 devise1 or bequest1 either absolutely or in trust1 or real or personal property or any income derived from such gift or property1 or other interest in such gift or property2 7#b7 to acquire by donation1 gift1 devise1 purchase1 or exchange any real or personal property or interest in such property2 7#c7 unless otherwise required by the instrument of transfer1 to sell1 donate1 lease1 invest1 reinvest1 retain1 or otherwise dispose of any property or income derived from such property2 7#d7 to borrow money and issue bonds1 debentures1 or other debt instruments2 7#e7 to complain and defend itself in any court of competent jurisdiction 7except that the ,directors of the ,board shall not be personally liable1 except for gross negligence72 7#f7 to enter into legal arrangements with public agencies1 private organizations1 and persons and to make such payments as may be necessary to carry out the purposes of such contracts or arrangements2 and 7#g7 to award funding1 which may include project financing1 grants1 and concessional lending1 for eligible projects1 in accordance with section #g4 7c7 ,federal funds 7#a7 ,in general ,the ,foundation may-- 7,a7 hold ,federal funds made available1 but not immediately disbursed2 and 7,b7 use any interest or other investment income earned on such ,federal funds to carry out the purposes of the ,foundation under this ,act4 7#b7 ,limitation ,investments made with ,federal funds pursuant to paragraph 7#a77;,b7 may only be made in-- 7,a7 interest-bearing obligations of the ,united ,states2 or 7,b7 obligations guaranteed as to both principal and interest by the ,united ,states4 7d7 ,limitation of public liability ,the ,united ,states shall not be liable for any debts1 defaults1 acts1 or omissions of the ,foundation4 #f4 ,safeguards and accountability 7a7 ,safeguards ,the ,foundation shall develop1 and incorporate into any agreement for support provided by the ,foundation1 appropriate safeguards1 policies1 and guidelines1 consistent with internationally recognized best practices and standards for environmental and social safeguards4 7b7 ,independent accountability mechanism 7#a7 ,in general ,the ,foundation shall establish a transparent and independent accountability mechanism1 which shall provide-- 7,a7 a compliance review function that assesses whether ,foundation-supported projects adhere to the requirements developed pursuant to subsection 7a72 7,b7 a dispute resolution function for resolving concerns between project implementers regarding the impacts of specific ,foundation-supported projects with respect to such standards2 and 7,c7 an advisory function that reports to the ,foundation on projects1 policies1 and practices4 7#b7 ,duties ,the accountability mechanism established pursuant to paragraph 7#a7 shall-- 7,a7 report annually to the ,board and to the appropriate congressional committees regarding the ,foundation's compliance with internationally recognized best practices and standards in accordance with paragraph 7#a77;,a72 7,b7 7i7 have permanent staff to conduct compliance reviews and dispute resolutions2 or 7ii7 maintain a roster of experts to serve such roles1 to the extent needed2 and 7,c7 hold a public comment period lasting not fewer than #fj days regarding the initial design of the accountability mechanism4 #g4 ,projects1 financing1 and grants 7a7 ,project funding requirements 7#a7 ,in general ,the ,foundation shall award funding1 which may include project financing1 credit risk insurance1 grants1 concessional lending1 and credit1 in accordance with this section for eligible projects described in paragraph 7#a7 that will-- 7,a7 increase productivity and incomes2 and 7,b7 improve the livelihoods and nutrition of producers and communities4 7#b7 ,eligible projects ,a project is an eligible project if it seeks-- 7,a7 to have cost matching from sources other than the ,united ,states ,government and regional multilateral organizations2 7,b7 to be implemented in coordination with key stakeholders2 7,c7 to incorporate a set of key independently verified performance metrics at the portfolio level1 including rigorous measurements1 such as measuring attributable increases in agricultural yields1 infrastructure1 or any other eligible use2 7,d7 to not duplicate the work of other institutions or displace current profit-making ventures2 7,e7 to leverage existing infrastructure and staff in eligible countries to allow for the immediate launch of projects2 7,f7 to demonstrate-- 7i7 the ability to sustainably maintain and build on the outcomes of the project after the ,foundation funding has ended2 or 7ii7 a plan to strengthen the capacity of1 and transfer skills and technologic tools to1 local enterprises1 organizations1 or institutions to manage projects and other funded entities after the ,foundation funding has been expended2 7,g7 to consider projects that meet the highest needs of food insecure populations based on food security and malnutrition assessments2 and 7,h7 to not duplicate the efforts included in the comprehensive global food security strategy implemented pursuant to section #e of the ,global ,food ,security ,act of #bjaf 7#bb ,u4,s4,c4 #icjd74 7b7 ,eligible countries 7#a7 ,in general ,before entering into any project agreement pursuant to this section1 the ,board shall-- 7,a7 establish criteria to determine country eligibility for the award period2 and 7,b7 identify not more than #aj countries to receive support during such award period that-- 7i7 are committed to make necessary policy reforms1 in accordance with subsection 7a77#b71 to help transform food systems2 7ii7 have demonstrated leadership to modernize their agricultural food systems2 7iii7 are committed to cofinance and sustain long-term projects implemented by the ,foundation2 7iv7 are committed to collaborate with key stakeholders to increase agricultural production1 strengthen resilient food systems1 improve food safety or processing1 increase access to safe1 affordable1 and nutritious foods1 and improve related logistics and supply chain processes2 and 7v7 are representatives of geographically diverse regions4 7#b7 ,identification of eligible countries ,not later than #e days after the date on which the ,board identifies the eligible countries for a given fiscal year1 the ,executive ,director shall-- 7,a7 submit a report to the appropriate congressional committees that includes-- 7i7 a list of such eligible countries2 and 7ii7 justification for such eligibility determinations2 and 7,b7 publish the information contained in the report described in subparagraph 7,a7 in the ,federal ,register4 7c7 ,funding authorized 7#a7 ,in general ,in order to maximize the impact of the funding authorized under this section1 the ,foundation should-- 7,a7 coordinate with other international public and private donors to the extent possible2 and 7,b7 seek additional financial and nonfinancial contributions and commitments for its projects from host governments4 7#b7 ,funding criteria ,funding awarded pursuant to this section-- 7,a7 shall be provided to countries that demonstrate progress1 during the funding period1 in achieving clearly identified key performance indicators defined in the project agreement1 which may include-- 7i7 increasing agricultural or food production through the competitive delivery of market-based financing1 distribution and extension services1 and supporting technology commercialization and adoption through such services2 7ii7 improving the nutritional status of the citizens of partner countries by-- 7,i7 increasing the production1 availability1 and access of nutritious foods domestically2 7,,ii7 promoting highly nutritious foods1 diet diversification1 and nutritional behaviors that improve maternal and child health2 and 7,,iii7 supporting the expansion of producer market opportunities2 7iii7 building resilient food systems to help mitigate against future food shocks among vulnerable populations and households2 and 7iv7 identifying additional revenue sources or sustainable financing mechanisms to meet the recurring costs of projects by serving as a conduit between institutional investors and the agribusiness sector2 and 7,b7 may be terminated if the ,board determines that the country receiving such funding-- 7i7 is not meeting applicable requirements under this ,act2 or 7ii7 is not making progress in achieving the key performance indicators described in the project agreement4 #h4 ,prohibition of support in countries that support terrorism or violate human rights and of support for sanctioned persons 7a7 ,in general ,the ,foundation may not provide support for any government1 or any entity owned or controlled by a government1 if the ,secretary of ,state determines that such government-- 7#a7 has repeatedly provided support for acts of international terrorism1 as determined under-- 7,a7 section #aged7;c77#a77;,a77i7 of the ,export ,control ,reform ,act of #bjah 7#ej ,u4,s4,c4 #dhac7;c77#a77;,a77i772 7,b7 section #fbj;,a7a7 of the ,foreign ,assistance ,act of #aifa 7#bb ,u4,s4,c4 #bcga7;a772 7,c7 section #dj7;d7 of the ,arms ,export ,control ,act 7#bb ,u4,s4,c4 #bghj7;d772 or 7,d7 any other relevant provision of law2 7#b7 has repeatedly engaged with any organizations designated as foreign terrorist organizations by the ,secretary in accordance with section #bai of the ,immigration and ,nationality ,act 7#h ,u4,s4,c4 #aahi72 or 7#c7 has engaged in a consistent pattern of gross violations of human rights1 as determined under section #aaf7;a7 or #ejb;,b7a77#b7 of the ,foreign ,assistance ,act of #aifa 7#bb ,u4,s4,c4 #baean7a7 and #bcjd7;a77#b77 or any other relevant provision of law4 7b7 ,prohibition of support for sanctioned persons ,the ,foundation may not engage in any dealing prohibited under ,united ,states sanctions laws or regulations1 including dealings with persons on the list of specially designated persons and blocked persons maintained by the ,office of ,foreign ,assets ,control of the ,department of the ,treasury1 except to the extent otherwise authorized by the ,secretary of ,state or the ,secretary of the ,treasury4 7c7 ,waiver ,the ,president may waive the application of subsections 7a7 and 7b7 with respect to any government1 or any entity owned or controlled by a government1 by notifying the appropriate congressional committees of the intention to exercise such waiver not later than #de days before the waiver is scheduled to take effect4 #i4 ,annual report ,not later than #a year after the date of the enactment of this ,act1 and annually thereafter while the ,foundation is operational1 the ,executive ,director of the ,foundation shall submit a report containing the expectations of the year ahead to the appropriate congressional committees and make such report available to key stakeholders4 ,each such report shall describe-- 7#a7 the goals of the ,foundation for the upcoming year2 7#b7 lessons learned and best practices developed through projects funded by the ,foundation during the prior fiscal year2 7#c7 the extent to which such projects have contributed to achieving the purposes of the ,foundation2 7#d7 lessons learned and best practices developed from investments provided by the ,foundation during the prior fiscal year2 7#e7 the extent to which such investments have contributed to achieving the purposes of the ,foundation2 7#f7 the programs1 projects1 and activities supported by the ,foundation2 7#g7 the value of private sector assets invested in such programs1 projects1 and activities relative to the amount of support provided by the ,foundation and the value of any other public sector support2 7#h7 the standardized criteria utilized to determine the programs and activities supported by the ,foundation1 including baselines1 targets1 desired outcomes1 measurable goals1 and extent to which those goals are being achieved for each project2 7#i7 the degree to which programs1 projects1 and activities of the ,foundation are coordinated and aligned with-- 7,a7 existing ,united ,states bilateral assistance programs and foundations2 7,b7 relevant activities of other key stakeholders2 and 7,c7 relevant multilateral efforts2 and 7#aj7 how the funding and selected projects authorized under this ,act were publicized in the selected country to expand recognition for the ,united ,states4 #aj4 ,authorization of appropriations 7a7 ,in general ,there are authorized to be appropriated to the ,foundation #ajj1jjj1jjj for each of the fiscal years #bjbd through #bjcc to carry out this ,act4 ,such funding shall be used as an additive investment vehicle that-- 7#a7 independently leverages private investments2 and 7#b7 does not duplicate existing ,united ,states ,government investments4 7b7 ,cost matching requirement ,amounts appropriated pursuant to subsection 7a7 may only be made available to the ,foundation to the extent the ,foundation secures funding from sources other than the ,united ,states ,government4 7c7 ,consultation requirement ,not later than #ahj days after the date of the enactment of this ,act1 and before obligating any funds made available under this ,act1 the ,executive ,director1 in coordination with the ,secretary1 shall consult with the ,committee on ,appropriations of the ,senate1 the ,committee on ,foreign ,relations of the ,senate1 the ,committee on ,appropriations of the ,house of ,representatives1 and the ,committee on ,foreign ,affairs of the ,house of ,representatives regarding the proposed uses of such funds4