,,ii  #aai? ,,congress  #b;d ,session   
,s4 #dfag  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #ba1 #bjbf,mrs4   
,%ahe5 7= h]self & ,mr4 ,grassley7      
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to /r5g!n transp>5cy ov] ef=ts 
by ! ,dep>tm5t ( ! ,treasury to use !   
,ex*ange ,/abilization ,fund to aid     
=eign c\ntries )\t prior notification to
 ,congress4  #a4 ,%ort title ,?is ,act  
may be cit$ z ! ,ex*ange ,/abilization  
,fund ,transp>5cy ,act4  #b4 ,def9itions
 ,9 ?is ,act3 7#a7 ,appropriate         
committees ( ,congress ,! t]m           
appropriate committees ( ,congress      
means-- 7,a7 ! ,committee on ,=eign     
,relations & ! ,committee on ,bank+1    
,h\s+1 & ,urban ,affairs ( ! ,s5ate2 &  
7,b7 ! ,committee on ,=eign ,affairs & !
 ,committee on ,f9ancial ,s]vices ( !   
,h\se ( ,repres5tatives4  7#b7 ,ex*ange 
,/abilization ,fund ,! t]m ,ex*ange     
,/abilization ,fund means ! /abilization

 fund e/abli%$ "u section #ecjb7;a7 (   
title #ca1 ,unit$ ,/ates ,code4  7#c7   
,=eign entity ,! t]m =eign entity means 
an entity t is n organiz$ "u ! laws ( ! 
,unit$ ,/ates or any jurisdiction )9 !  
,unit$ ,/ates4  7#d7 ,gov]nm5t ( a =eign
 c\ntry ,! t]m gov]nm5t ( a =eign       
c\ntry-- 7,a7 means-- 7i7 any           
subdivision1 ag5cy1 or in/rum5tality ( t
 gov]nm5t2 &  7ii7 any entity own$ or   
controll$ by t gov]nm5t2 &  7,b7        
includes a c5tral bank ( ! =eign c\ntry4
  #c4 ,limitation on use ( ,ex*ange     
,/abilization ,fund to aid =eign        
c\ntries  7a7 ,notification requir$ ,n  
less ?an #bd h\rs be=e ! ,secret>y ( !  
,treasury commits to provid+ assi/ance  
to a =eign entity or ! gov]nm5t ( a     
=eign c\ntry us+ ! ,ex*ange             
,/abilization ,fund1 includ+ ?r\gh !    
e/abli%m5t ( curr5cy swap l9es1 !       
pur*ase ( local curr5cy or sov]eign debt
 ( a =eign c\ntry1 or ! ext5sion ( any  
cr$it in/rum5t1 ! ,secret>y1 9          
consultation ) ! ,secret>y ( ,/ate z    

appropriate1 %all submit to !           
appropriate committees ( ,congress a    
notification ( ! int5tion to provide t  
assi/ance4  7b7 ,elem5ts ,a notification
 submitt$ to ! appropriate committees ( 
,congress "u subsection 7a7 ) respect to
 assi/ance to be provid$ to a =eign     
entity or ! gov]nm5t ( a =eign c\ntry   
%all1 to ! ext5t su* in=mation is       
available1 include-- 7#a7 a detail$     
description ( ! nature1 am\nt1 duration1
 & specific t]ms ( ! assi/ance2  7#b7 a 
detail$ description ( :y provid+ !      
assi/ance advances ! national int]e/s ( 
! ,unit$ ,/ates1 includ+-- 7,a7 an      
explanation ( :e!r ! economy ( ! =eign  
c\ntry is important to ! ,unit$ ,/ates  
or global economy or f9ancial sy/em &1  
if s1 :y2 &  7,b7 an assessm5t ( !      
impact ( n provid+ ! assi/ance2  7#c7 a 
detail$ description ( engagem5t ! ,unit$
 ,/ates ,gov]nm5t has und]tak5 z ( !    
date ( ! notification1 or is plann+ to  
und]take1 ) ! ,int]national ,monet>y    
,fund & o!r int]national f9ancial       

in/itutions1 ! private sector1 & !      
gov]nm5ts ( c\ntries t are p>tn]s ( !   
,unit$ ,/ates to provide f9ancial       
assi/ance to ! =eign c\ntry2  7#d7 any  
risk assessm5t = ! =eign c\ntry prep>$  
by ag5cies ( ! ,unit$ ,/ates ,gov]nm5t  
relat+ to ! provision ( ! assi/ance & ! 
associat$ int]e/ premium & an           
explanation ( h[ ! risk assessm5t       
affect$ ! decision to use ! ,ex*ange    
,/abilization ,fund2  7#e7 an assessm5t 
( ! impact t provid+ ! assi/ance w h on 
res]ves )9 ! ,ex*ange ,/abilization     
,fund1 includ+ on res]ves ( ,unit$      
,/ates doll>s1 =eign curr5cies1 &       
,special ,draw+ ,rights2  7#f7 a /atem5t
 ( any conditions t ! ,unit$ ,/ates     
,gov]nm5t is impos+ on use ( ! assi/ance
 ) respect to-- 7,a7 increas+ !         
likelihood ( repaym5t2 &  7,b7 ! fiscal 
or economic policies ( ! =eign c\ntry2  
7#g7 an explanation = :y ! conditions   
describ$ 9 p>agraph 7#f7 7 impos$ or1 if
 no su* conditions 7 impos$1 an         
explanation = :y n2  7#h7 an assessm5t (

 ! expect$ repaym5t to ! ,unit$ ,/ates (
 ! assi/ance & ! likelihood t ! gov]nm5t
 ( ! =eign c\ntry w default on its      
int]national obligations foll[+ !       
provision ( ! assi/ance2  7#i7 a timel9e
 agre$ to = repaym5t ( ! assi/ance1 if  
applicable2  7#aj7 a description ( any  
o!r safegu>ds put 9 place to protect    
,unit$ ,/ates taxpay] res\rces2 &  7#aa7
 if any in=mation requir$ by p>agraphs  
7#a7 ?r\gh 7#aj7 to be includ$ 9 !      
notification is unavailable at ! "t ( ! 
submission ( ! notification1 an e/imate1
 n to exce$ #ad days1 ( :5 t in=mation w
 be provid$ to ! appropriate committees 
( ,congress4  7c7 ,notification update  
,! ,secret>y ( ! ,treasury %all provide 
to ! appropriate committees ( ,congress 
9 writ+ any in=mation relat+ to provid+ 
assi/ance describ$ 9 subsection 7a7 t 0 
n available at ! "t ! ,secret>y submitt$
 ! notification requir$ by t subsection 
on ! e>li] (-- 7#a7 ! date t is #ad days
 aft] ! ,secret>y commits to us+ !      
,ex*ange ,/abilization ,fund to provide 

! assi/ance2 or  7#b7 ! fir/ date on :i*
 ! ,secret>y has us$ at lea/            
#ejj1jjj1jjj f ! ,ex*ange ,/abilization 
,fund to provide ! assi/ance4  7d7 ,=m (
 notification ,! in=mation requir$ by   
subsections 7b7 & 7c7 %all be submitt$ 9
 unclassifi$ =m1 b may include a        
classifi$ annex z necess>y to protect   
s5sitive in=mation if an explanation is 
provid$ = :y ! in=mation is requir$ to  
be classifi$4  7e7 ,brief+ requir$ ,n   
lat] ?an #g days aft] ! ,secret>y ( !   
,treasury commits to us+ ! ,ex*ange     
,/abilization ,fund to provide assi/ance
 describ$ 9 subsection 7a7 or o!rwise   
significantly int]v5es 9 int]national   
f9ancial m>kets1 includ+ ?r\gh !        
sub/antial pur*ase ( =eign curr5cy1 !   
,secret>y1 9 consultation ) ! ,secret>y 
( ,/ate z appropriate1 %all provide a   
brief+ to ! appropriate committees (    
,congress4  7f7 ,retroactive transp>5cy 
,n lat] ?an #cj days aft] ! date ( !    
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury1 9 consultation ) ! ,secret>y 

( ,/ate z appropriate1 %all submit to ! 
appropriate committees ( ,congress a    
report t includes1 = ea* in/ance 9 :i*  
assi/ance describ$ 9 subsection 7a7 0   
provid$ to a =eign entity or ! gov]nm5t 
( a =eign c\ntry dur+ ! #d-ye> p]iod    
prec$+ su* date ( enactm5t-- 7#a7 all ( 
! in=mation requir$1 by p>agraphs 7#a7  
?r\gh 7#aj7 ( subsection 7b71 to be     
includ$ 9 a notification submitt$ "u    
subsection 7a72  7#b7 a copy ( any & all
 writt5 agreem5ts betwe5 ! ,unit$ ,/ates
 & ! =eign entity or ! gov]nm5t ( !     
=eign c\ntry1 z ! case may be1 relat$ to
 ! assi/ance2  7#c7 a description ( !   
/atus ( ! assi/ance1 includ+ :e!r !     
assi/ance is ongo+ or has t]m9at$2 &    
7#d7 a det]m9ation ( :e!r additional    
assi/ance us+ ! ,ex*ange ,/abilization  
,fund is likely to be requir$ by ! =eign
 entity or ! gov]nm5t ( ! =eign c\ntry1 
z ! case may be1 9 ! #b-ye> p]iod foll[+
 su* date ( enactm5t4  #d4 ,modification
 ( exi/+ ,ex*ange ,/abilization ,fund   
disclosure ,any in=mation provid$ to a  

committee ( ,congress "u section        
#ecjb7;c77#a7 ( title #ca1 ,unit$ ,/ates
 ,code1 relat+ to an agreem5t or        
transaction ) a =eign entity or !       
gov]nm5t ( a =eign c\ntry %all also be  
provid$ to ! ,committee on ,=eign       
,relations ( ! ,s5ate & ! ,committee on 
,=eign ,affairs ( ! ,h\se (             
,repres5tatives4