Page 105 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 283z–5

make such contributions to the Fund for Special

Operations shall be effective only to such extent

or in such amounts as are provided in advance in

appropriation Acts.

(b) In order to pay for the increase in the

United States subscription and contribution

provided for in this section, there are authorized

to be appropriated, without fiscal year limitation, for payment by the Secretary of the Treasury—

(1) $5,155,862,744 for the United States subscriptions to the capital stock of the Bank;

and

(2) $350,000,000 for the United States share of

the increase in the resources of the Fund for

Special Operations.

(Pub. L. 86–147, §31, as added Pub. L. 98–181, title

X, §1001, Nov. 30, 1983, 97 Stat. 1284.)

§ 283z–4. Amendments to Articles of Agreement

in resolution on Merger of Interregional and

Ordinary Capital Resources

The United States Governor of the InterAmerican Development Bank is hereby authorized to agree to and to accept the amendments

to the Articles of Agreement in the proposed

resolution entitled ‘‘Merger of Inter-regional

and Ordinary Capital Resources’’.

(Pub. L. 86–147, §32, as added Pub. L. 100–202,

§101(e) [title I], Dec. 22, 1987, 101 Stat. 1329–131,

1329–134.)

CODIFICATION

Section 32 of Pub. L. 86–147 is based on section 501 of

title V of H.R. 3750, One Hundredth Congress, as introduced Dec. 11, 1987, and enacted into law by Pub. L.

100–202.

§ 283z–5. Capital increase; increase in resources

of Fund for Special Operations

(a) Authority to vote for, and to subscribe and

contribute to, increase in authorized capital

stock of Bank and increase in resources of

Fund for Special Operations

(1) Vote authorized

The United States Governor of the Bank is

authorized to vote for resolutions which—

(A) were transmitted by the Board of Executive Directors to the Governors of the Bank

by resolution of April 19, 1989;

(B) are pending before the Board of Governors of the Bank; and

(C) provide for—

(i) an increase in the authorized capital

stock of the Bank and subscriptions to the

Bank; and

(ii) an increase in the resources of the

Fund for Special Operations and contributions to the Fund.

(2) Subscription and contribution authority

To the extent and in the amounts provided

in advance in appropriations Acts, on adoption

of the resolutions described in paragraph (1),

the United States Governor of the Bank may,

on behalf of the United States—

(A) subscribe to 760,112 shares of the increase in the authorized capital stock of the

Bank; and

(B) contribute $82,304,000 to the Fund for

Special Operations.

(b) Limitation on authorization of appropriations

To pay for the subscription and contribution

authorized under subsection (a) of this section,

there are authorized to be appropriated, without

fiscal year limitation, for payment by the Secretary of the Treasury—

(1) $9,169,559,712, for the United States subscription to the capital stock of the Bank; and

(2) $82,304,000, for the United States contribution to the Fund for Special Operations.

(c) Organizational changes required to be made

before payment for subscription to capital

stock and contribution to Fund for Special

Operations

The Secretary of the Treasury may not make

any payment for the subscription and contribution authorized under subsection (a) of this section unless the Bank—

(1) has established an environmental unit

with responsibility for the development, evaluation, and integration of Bank policies,

projects, and programs designed to promote

environmentally sustainable development in

borrower countries;

(2) has increased the number of the staff of

the Bank with environmentally oriented responsibilities and training;

(3) provides for an increase in the number of

environmentally beneficial projects and programs financed by the Bank; and

(4) has designed a process for ensuring the

access of indigenous non-governmental organizations to the process for designing projects

and programs.

(d) Certification of access to Bank records required before payment for subscription to

capital stock and contribution to Fund for

Special Operations

The Secretary of the Treasury shall not make

any payment for the subscription and contribution authorized under subsection (a) of this section until the Secretary, after consultation with

the United States Executive Director of the

Bank, certifies to the Congress that—

(1) the Bank has given the Comptroller General of the United States access to the audit

memorandum issued by the Auditor General of

the Bank with respect to the November 1987

disbursement of funds to the Government of

Nicaragua;

(2) the Bank has implemented and is continuing to implement revised procedures issued in 1988 for collecting loan services payments in arrears;

(3) the revised procedures referred to in

paragraph (2) satisfy the recommendations of

the Auditor General of the Bank; and

(4) the Comptroller General of the United

States has access to all documents of the

Bank on the same terms and under the same

conditions as such documents are made available to the United States Executive Director

of the Bank.

(Pub. L. 86–147, §33, as added Pub. L. 101–240,

title II, §201, Dec. 19, 1989, 103 Stat. 2496.)

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in section 283z–7 of this

title.