II 

Calendar No. 544 

115TH CONGRESS 

2D SESSION S. 1023 

To reauthorize the Tropical Forest Conservation Act of 1998 through fiscal 

year 2021, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

MAY 3, 2017 

Mr. PORTMAN (for himself, Mr. BURR, Mr. WHITEHOUSE, Mr. UDALL, Mr. 

SCHATZ, Mr. BLUMENTHAL, Ms. DUCKWORTH, and Mr. MERKLEY) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations 

JULY 30, 2018 

Reported by Mr. CORKER, with an amendment 

[Strike out all after the enacting clause and insert the part printed in italic] 

A BILL 

To reauthorize the Tropical Forest Conservation Act of 1998 

through fiscal year 2021, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 

4 (a) SHORT TITLE.—This Act may be cited as the 

5 ‘‘Tropical Forest Conservation Reauthorization Act of 

6 2017’’. 


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1 (b) TABLE OF CONTENTS.—The table of contents for 

2 this Act is as follows: 

Sec. 1. Short title; table of contents. 

Sec. 2. Amendment to short title of Act to encompass modified scope. 

Sec. 3. Protection of forests and coral reefs. 

Sec. 4. Change to name of facility. 

Sec. 5. Eligibility for benefits. 

Sec. 6. United States Government representation on oversight bodies for grants 

from debt-for-nature swaps and debt buybacks. 

Sec. 7. Conservation agreements. 

Sec. 8. Conservation Fund. 

Sec. 9. Repeal of authority of the Enterprise for the Americas Board to carry 

out activities under the Tropical Forest Conservation Authorization Act of 1998. 

Sec. 10. Changes to due dates of annual reports to Congress. 

Sec. 11. Changes to International Monetary Fund criterion for country eligibility. 

Sec. 12. New authorization of appropriations for the reduction of debt and authorization for audit, evaluation, monitoring, and administration expenses. 

3 SEC. 2. AMENDMENT TO SHORT TITLE OF ACT TO ENCOM4 PASS MODIFIED SCOPE. 

5 (a) IN GENERAL.—Section 801 of the Tropical For6 est Conservation Act of 1998 (Public Law 87–195; 22 

7 U.S.C. 2151 note) is amended by striking ‘‘Tropical For8 est Conservation Act of 1998’’ and inserting ‘‘Tropical 

9 Forest Conservation Reauthorization Act of 2017’’. 

10 (b) REFERENCES.—Any reference in any other provi11 sion of law, regulation, document, paper, or other record 

12 of the United States to the ‘‘Tropical Forest Conservation 

13 Act of 1998’’ shall be deemed to be a reference to the 

14 ‘‘Tropical Forest Conservation Reauthorization Act of 

15 2017’’. 


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1 SEC. 3. PROTECTION OF FORESTS AND CORAL REEFS. 

2 (a) IN GENERAL.—Section 802 of the Tropical For3 est Conservation Reauthorization Act of 2017 (22 U.S.C. 

4 2431), as renamed by section 2(a), is amended— 

5 (1) in subsections (a)(1), (a)(6), (b)(1), (b)(3), 

6 and (b)(4), by striking ‘‘tropical forests’’ each place 

7 it appears and inserting ‘‘tropical forests, non-trop8 ical forests, and coral reef ecosystems’’; 

9 (2) in subsection (a)(2)(C), by striking ‘‘far10 flung’’; 

11 (3) in subsection (a)(7), by striking ‘‘tropical 

12 forests is critical to the protection of tropical for13 ests’’ and inserting ‘‘tropical forests, non-tropical 

14 forests, and coral reef ecosystems is critical to the 

15 protection of such areas’’; and 

16 (4) in subsection (b)(2)— 

17 (A) by striking ‘‘tropical forests’’ the first 

18 place it appears and inserting ‘‘tropical forests, 

19 non-tropical forests, and coral ecosystems’’; 

20 (B) by striking ‘‘tropical forests’’ the sec21 ond place it appears and inserting ‘‘areas’’; and 

22 (C) by striking ‘‘tropical forests’’ the third 

23 place it appears and inserting ‘‘tropical forests, 

24 non-tropical forests, and coral reef ecosystems’’. 

25 (b) AMENDMENTS RELATED TO DEFINITIONS.—Sec26 tion 803 of such Act (22 U.S.C. 2431a) is amended— 


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1 (1) in paragraph (5)— 

2 (A) in the heading, by striking ‘‘TROPICAL

3 FOREST’’ and inserting ‘‘TROPICAL FOREST, 

4 NON-TROPICAL FOREST, OR CORAL REEF’’; 

5 (B) in the matter preceding subparagraph 

6 (A), by striking ‘‘tropical forest’’ and inserting 

7 ‘‘tropical forest, non-tropical forest, or coral 

8 reef’’; and 

9 (C) in subparagraph (B)— 

10 (i) by striking ‘‘tropical forest’’ and 

11 inserting ‘‘tropical forest, non-tropical for12 est, or coral reef’’; and 

13 (ii) by striking ‘‘tropical forests’’ and 

14 inserting ‘‘tropical forests, non-tropical for15 ests, or coral reefs’’; and 

16 (2) by adding at the end the following new 

17 paragraphs: 

18 ‘‘(10) CORAL.—The term ‘coral’ means species 

19 of the phylum Cnidaria, including— 

20 ‘‘(A) all species of the orders Antipatharia 

21 (black corals), Scleractinia (stony corals), 

22 Alcyonacea (soft corals), Gorgonacea (horny 

23 corals), Stolonifera (organpipe corals and oth24 ers), and Coenothecalia (blue coral), of the class 

25 Anthoza; and 


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1 ‘‘(B) all species of the order 

2 Hydrocorallina (fire corals and hydrocorals) of 

3 the class Hydrozoa. 

4 ‘‘(11) CORAL REEF.—The term ‘coral reef’ 

5 means any reef or shoal composed primarily of coral. 

6 ‘‘(12) CORAL REEF ECOSYSTEM.—The term 

7 ‘coral reef ecosystem’ means any coral reef and any 

8 coastal marine ecosystem surrounding, or directly re9 lated to, a coral reef and important to maintaining 

10 the ecological integrity of that coral reef, such as 

11 seagrasses, mangroves, sandy seabed communities, 

12 and immediately adjacent coastal areas.’’. 

13 SEC. 4. CHANGE TO NAME OF FACILITY. 

14 (a) IN GENERAL.—Section 804 of the Tropical For15 est Conservation Reauthorization Act of 2017 (22 U.S.C. 

16 2431b), as renamed by section 2(a), is amended by strik17 ing ‘‘Tropical Forest Facility’’ and inserting ‘‘Conserva18 tion Facility’’. 

19 (b) CONFORMING AMENDMENTS TO DEFINITIONS.— 

20 Section 803(8) of such Act (22 U.S.C. 2431a(8)) is 

21 amended— 

22 (1) in the heading, by striking ‘‘TROPICAL FOR23 EST FACILITY’’ and inserting ‘‘CONSERVATION FA24 CILITY’’; and 


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1 (2) by striking ‘‘Tropical Forest Facility’’ both 

2 places it appears and inserting ‘‘Conservation Facil3 ity’’. 

4 (c) REFERENCES.—Any reference in any other provi5 sion of law, regulation, document, paper, or other record 

6 of the United States to the ‘‘Tropical Forest Facility’’ 

7 shall be deemed to be a reference to the ‘‘Conservation 

8 Facility’’. 

9 SEC. 5. ELIGIBILITY FOR BENEFITS. 

10 Section 805(a) of the Tropical Forest Conservation 

11 Reauthorization Act of 2017 (22 U.S.C. 2431c(a)), as re12 named by section 2(a), is amended by striking ‘‘tropical 

13 forest’’ and inserting ‘‘tropical forest, non-tropical forest, 

14 or coral reef’’. 

15 SEC. 6. UNITED STATES GOVERNMENT REPRESENTATION 

16 ON OVERSIGHT BODIES FOR GRANTS FROM 

17 DEBT-FOR-NATURE SWAPS AND DEBT 

18 BUYBACKS. 

19 Section 808(a)(5) of the Tropical Forest Conserva20 tion Reauthorization Act of 2017 (22 U.S.C. 2431f(a)(5)), 

21 as renamed by section 2(a), is amended by adding at the 

22 end the following new subparagraph: 

23 ‘‘(C) UNITED STATES GOVERNMENT REP24 RESENTATION ON THE ADMINISTERING

25 BODY.—One or more individuals appointed by 


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1 the United States Government may serve in an 

2 official capacity on the administering body that 

3 oversees the implementation of grants arising 

4 from a debt-for-nature swap or debt buyback 

5 regardless of whether the United States is a 

6 party to any agreement between the eligible 

7 purchaser and the government of the bene8 ficiary country.’’. 

9 SEC. 7. CONSERVATION AGREEMENTS. 

10 (a) RENAMING OF AGREEMENTS.—Section 809 of 

11 the Tropical Forest Conservation Reauthorization Act of 

12 2017 (22 U.S.C. 2431g), as renamed by section 2(a), is 

13 amended— 

14 (1) in the section heading, by striking ‘‘TROP15 ICAL FOREST AGREEMENT’’ and inserting ‘‘CON16 SERVATION AGREEMENT’’; and 

17 (2) in subsection (a)— 

18 (A) by striking ‘‘AUTHORITY’’ and all that 

19 follows through ‘‘(1) IN GENERAL.—The Sec20 retary’’ and inserting ‘‘AUTHORITY.—The Sec21 retary’’; and 

22 (B) by striking ‘‘Tropical Forest Agree23 ment’’ and inserting ‘‘Conservation Agree24 ment’’. 


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1 (b) ELIMINATION OF REQUIREMENT TO CONSULT

2 WITH THE ENTERPRISE FOR THE AMERICAS BOARD.— 

3 Such subsection is further amended by striking paragraph 

4 (2). 

5 (c) ROLE OF BENEFICIARY COUNTRIES.—Such sec6 tion is further amended— 

7 (1) in subsection (e)(1)(C), by striking ‘‘in ex8 ceptional circumstances, the government of the bene9 ficiary country’’ and inserting ‘‘in limited cir10 cumstances, the government of the beneficiary coun11 try when needed to improve governance and enhance 

12 management of tropical forests, non-tropical forests, 

13 or coral reef ecosystems, without replacing existing 

14 levels of financial efforts by the government of the 

15 beneficiary country and with priority given to 

16 projects that complement grants made under sub17 paragraphs (A) and (B)’’; and 

18 (2) by amending subsection (f) to read as fol19 lows: 

20 ‘‘(f) REVIEW OF LARGER GRANTS.—Any grant of 

21 more than $250,000 from a Fund must be approved by 

22 the Government of the United States and the government 

23 of the beneficiary country.’’. 

24 (d) TECHNICAL AND CONFORMING AMENDMENTS.— 

25 Such section is further amended— 


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1 (1) in subsection (c)(2)(A)(i), by inserting ‘‘to 

2 serve in an official capacity’’ after ‘‘Government’’; 

3 and 

4 (2) in subsection (d)— 

5 (A) in the matter preceding paragraph (1), 

6 by striking ‘‘tropical forests’’ and inserting 

7 ‘‘tropical forests, non-tropical forests, and coral 

8 reef ecosystems’’; 

9 (B) in paragraph (5), by striking ‘‘tropical 

10 forest’’; and 

11 (C) in paragraph (6), by striking ‘‘living in 

12 or near a tropical forest in a manner consistent 

13 with protecting such tropical forest’’ and insert14 ing ‘‘dependent on a tropical forest, non-trop15 ical forest, or coral reef ecosystem and related 

16 resources in a manner consistent with con17 serving such resources’’. 

18 (e) CONFORMING AMENDMENTS TO DEFINITIONS.— 

19 Section 803(7) of such Act (22 U.S.C. 2431a(7)) is 

20 amended— 

21 (1) in the heading, by striking ‘‘TROPICAL FOR22 EST AGREEMENT’’ and inserting ‘‘CONSERVATION

23 AGREEMENT’’; and 


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1 (2) by striking ‘‘Tropical Forest Agreement’’ 

2 both places it appears and inserting ‘‘Conservation 

3 Agreement’’. 

4 SEC. 8. CONSERVATION FUND. 

5 (a) IN GENERAL.—Section 810 of the Tropical For6 est Conservation Reauthorization Act of 2017 (22 U.S.C. 

7 2431h), as renamed by section 2(a), is amended— 

8 (1) in the section heading, by striking ‘‘TROP9 ICAL FOREST FUND’’ and inserting ‘‘CONSERVA10 TION FUND’’; and 

11 (2) in subsection (a)— 

12 (A) by striking ‘‘Tropical Forest Agree13 ment’’ and inserting ‘‘Conservation Agree14 ment’’; and 

15 (B) by striking ‘‘Tropical Forest Fund’’ 

16 and inserting ‘‘Conservation Fund’’. 

17 (b) CONFORMING AMENDMENTS TO DEFINITIONS.— 

18 Such Act is further amended— 

19 (1) in section 803(9) (22 U.S.C. 2431a(9))— 

20 (A) in the heading, by striking ‘‘TROPICAL

21 FOREST FUND’’ and inserting ‘‘CONSERVATION

22 FUND’’; and 

23 (B) by striking ‘‘Tropical Forest Fund’’ 

24 both places it appears and inserting ‘‘Conserva25 tion Fund’’; 


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1 (2) in section 806(c)(2) (22 U.S.C. 

2 2431d(c)(2)), by striking ‘‘Tropical Forest Fund’’ 

3 and inserting ‘‘Conservation Fund’’; and 

4 (3) in section 807(c)(2) (22 U.S.C. 

5 2431e(c)(2)), by striking ‘‘Tropical Forest Fund’’ 

6 and inserting ‘‘Conservation Fund’’. 

7 SEC. 9. REPEAL OF AUTHORITY OF THE ENTERPRISE FOR 

8 THE AMERICAS BOARD TO CARRY OUT AC9 TIVITIES UNDER THE TROPICAL FOREST 

10 CONSERVATION AUTHORIZATION ACT OF 

11 1998. 

12 (a) IN GENERAL.—Section 811 of the Tropical For13 est Conservation Reauthorization Act of 2017 (22 U.S.C. 

14 2431i), as renamed by section 2(a), is repealed. 

15 (b) CONFORMING AMENDMENTS.—Section 803 of 

16 such Act (22 U.S.C. 2431a) is amended— 

17 (1) by striking paragraph (4); and 

18 (2) by redesignating paragraphs (5), (6), (7), 

19 (8), and (9) as paragraphs (4), (5), (6), (7), and 

20 (8), respectively. 

21 SEC. 10. CHANGES TO DUE DATES OF ANNUAL REPORTS TO 

22 CONGRESS. 

23 Section 813 of the Tropical Forest Conservation Re24 authorization Act of 2017 (22 U.S.C. 2431k), as renamed 

25 by section 2(a), is amended— 


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1 (1) in subsection (a)— 

2 (A) by striking ‘‘(a) IN GENERAL.—Not 

3 later than December 31’’ and inserting ‘‘Not 

4 later than April 15’’; and 

5 (B) by striking ‘‘fiscal year’’ both places it 

6 appears and inserting ‘‘calendar year’’; and 

7 (2) by striking subsection (b). 

8 SEC. 11. CHANGES TO INTERNATIONAL MONETARY FUND 

9 CRITERION FOR COUNTRY ELIGIBILITY. 

10 Section 703(a)(5) of the Foreign Assistance Act of 

11 1961 (22 U.S.C. 2430b(a)(5)) is amended— 

12 (1) by striking ‘‘or, as appropriate in excep13 tional circumstances,’’ and inserting ‘‘or’’; 

14 (2) in subparagraph (A)— 

15 (A) by striking ‘‘or in exceptional cir16 cumstances, a Fund monitored program or its 

17 equivalent,’’ and inserting ‘‘or a Fund mon18 itored program, or is implementing sound mac19 roeconomic policies,’’; and 

20 (B) by striking ‘‘(after consultation with 

21 the Enterprise for the Americas Board)’’; and 

22 (3) in subparagraph (B), by striking ‘‘(after 

23 consultation with the Enterprise for Americas 

24 Board)’’. 


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1 SEC. 12. NEW AUTHORIZATION OF APPROPRIATIONS FOR 

2 THE REDUCTION OF DEBT AND AUTHORIZA3 TION FOR AUDIT, EVALUATION, MONITORING, 

4 AND ADMINISTRATION EXPENSES. 

5 Section 806 of the Tropical Forest Conservation Re6 authorization Act of 2017 (22 U.S.C. 2431d), as renamed 

7 by section 2(a), is amended— 

8 (1) in subsection (d), by adding at the end the 

9 following new paragraphs: 

10 ‘‘(7) $20,000,000 for fiscal year 2018. 

11 ‘‘(8) $20,000,000 for fiscal year 2019. 

12 ‘‘(9) $20,000,000 for fiscal year 2020. 

13 ‘‘(10) $20,000,000 for fiscal year 2021.’’; and 

14 (2) by amending subsection (e) to read as fol15 lows: 

16 ‘‘(e) USE OF FUNDS TO CONDUCT PROGRAM AU17 DITS, EVALUATIONS, MONITORING, AND ADMINISTRA18 TION.—Of the amounts made available to carry out this 

19 part for a fiscal year, $300,000 is authorized to be made 

20 available to carry out audits, evaluations, monitoring, and 

21 administration of programs under this part, including per22 sonnel costs associated with such audits, evaluations, mon23 itoring and administration.’’. 


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1 SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 

2 (a) SHORT TITLE.—This Act may be cited as the 

3 ‘‘Tropical Forest Conservation Reauthorization Act of 

4 2018’’. 

5 (b) TABLE OF CONTENTS.—The table of contents for 

6 this Act is as follows: 

Sec. 1. Short title; table of contents. 

Sec. 2. Amendment to short title of Act to encompass modified scope. 

Sec. 3. Protection of tropical forests and coral reefs. 

Sec. 4. Change to name of facility. 

Sec. 5. Eligibility for benefits. 

Sec. 6. Reduction of debt owed to the United States as a result of credits extended 

under title I of Food for Peace Act. 

Sec. 7. United States Government representation on oversight bodies for grants 

from debt-for-nature swaps and debt buybacks. 

Sec. 8. Conservation agreements. 

Sec. 9. Conservation Fund. 

Sec. 10. Changes to due dates of annual reports to Congress. 

Sec. 11. New authorization of appropriations for the reduction of debt and authorization for audit, evaluation, monitoring, and administration expenses. 

7 SEC. 2. AMENDMENT TO SHORT TITLE OF ACT TO ENCOM8 PASS MODIFIED SCOPE. 

9 (a) IN GENERAL.—Section 801 of the Tropical Forest 

10 Conservation Act of 1998 (part V of Public Law 87–195; 

11 22 U.S.C. 2151 note) is amended by striking ‘‘Tropical For12 est Conservation Act of 1998’’ and inserting ‘‘Tropical For13 est and Coral Reef Conservation Act of 1998’’. 

14 (b) REFERENCES.—Any reference in any other provi15 sion of law, regulation, document, paper, or other record 

16 of the United States to the ‘‘Tropical Forest Conservation 

17 Act of 1998’’ shall be deemed to be a reference to the ‘‘Trop18 ical Forest and Coral Reef Conservation Act of 1998’’. 


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1 SEC. 3. PROTECTION OF TROPICAL FORESTS AND CORAL 

2 REEFS. 

3 (a) IN GENERAL.—Section 802 of the Tropical Forest 

4 and Coral Reef Conservation Act of 1998 (22 U.S.C. 2431), 

5 as renamed by section 2(a), is amended— 

6 (1) in subsections (a)(1), (a)(6), (b)(1), (b)(3), 

7 and (b)(4), by striking ‘‘tropical forests’’ each place it 

8 appears and inserting ‘‘tropical forests and coral reef 

9 ecosystems’’; 

10 (2) in subsection (a)(2)(C), by striking ‘‘far11 flung’’; 

12 (3) in subsection (a)(7), by striking ‘‘tropical 

13 forests is critical to the protection of tropical forests’’ 

14 and inserting ‘‘tropical forests and coral reef eco15 systems is critical to the protection of such areas’’; 

16 and 

17 (4) in subsection (b)(2)— 

18 (A) by striking ‘‘tropical forests’’ the first 

19 place it appears and inserting ‘‘tropical forests 

20 and coral ecosystems’’; 

21 (B) by striking ‘‘tropical forests’’ the second 

22 place it appears and inserting ‘‘areas’’; and 

23 (C) by striking ‘‘tropical forests’’ the third 

24 place it appears and inserting ‘‘tropical forests 

25 and coral reef ecosystems’’. 


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1 (b) AMENDMENTS RELATED TO DEFINITIONS.—Sec2 tion 803 of such Act (22 U.S.C. 2431a) is amended— 

3 (1) in paragraph (5)— 

4 (A) in the heading, by striking ‘‘TROPICAL

5 FOREST’’ and inserting ‘‘TROPICAL FOREST OR

6 CORAL REEF’’; 

7 (B) in the matter preceding subparagraph 

8 (A), by striking ‘‘tropical forest’’ and inserting 

9 ‘‘tropical forest or coral reef’’; and 

10 (C) in subparagraph (B)— 

11 (i) by striking ‘‘tropical forest’’ and 

12 inserting ‘‘tropical forest or coral reef’’; and 

13 (ii) by striking ‘‘tropical forests’’ and 

14 inserting ‘‘tropical forests or coral reefs’’; 

15 and 

16 (2) by adding at the end the following new para17 graphs: 

18 ‘‘(10) CORAL.—The term ‘coral’ means species of 

19 the phylum Cnidaria, including— 

20 ‘‘(A) all species of the orders Antipatharia 

21 (black corals), Scleractinia (stony corals), 

22 Alcyonacea (soft corals), Gorgonacea (horny cor23 als), Stolonifera (organpipe corals and others), 

24 and Coenothecalia (blue coral), of the class 

25 Anthoza; and 


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1 ‘‘(B) all species of the order Hydrocorallina 

2 (fire corals and hydrocorals) of the class 

3 Hydrozoa. 

4 ‘‘(11) CORAL REEF.—The term ‘coral reef’ means 

5 any reef or shoal composed primarily of coral. 

6 ‘‘(12) CORAL REEF ECOSYSTEM.—The term 

7 ‘coral reef ecosystem’ means any coral reef and any 

8 coastal marine ecosystem surrounding, or directly re9 lated to, a coral reef and important to maintaining 

10 the ecological integrity of that coral reef, such as 

11 seagrasses, mangroves, sandy seabed communities, 

12 and immediately adjacent coastal areas.’’. 

13 SEC. 4. CHANGE TO NAME OF FACILITY. 

14 (a) IN GENERAL.—Section 804 of the Tropical Forest 

15 and Coral Reef Conservation Act of 1998 (22 U.S.C. 2431b), 

16 as renamed by section 2(a), is amended by striking ‘‘Trop17 ical Forest Facility’’ and inserting ‘‘Conservation Facil18 ity’’. 

19 (b) CONFORMING AMENDMENTS TO DEFINITIONS.— 

20 Section 803(8) of such Act (22 U.S.C. 2431a(8)) is amend21 ed— 

22 (1) in the heading, by striking ‘‘TROPICAL FOR23 EST FACILITY’’ and inserting ‘‘CONSERVATION FACIL24 ITY’’; and 


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1 (2) by striking ‘‘Tropical Forest Facility’’ both 

2 places it appears and inserting ‘‘Conservation Facil3 ity’’. 

4 (c) REFERENCES.—Any reference in any other provi5 sion of law, regulation, document, paper, or other record 

6 of the United States to the ‘‘Tropical Forest Facility’’ shall 

7 be deemed to be a reference to the ‘‘Conservation Facility’’. 

8 SEC. 5. ELIGIBILITY FOR BENEFITS. 

9 Section 805(a) of the Tropical Forest and Coral Reef 

10 Conservation Act of 1998 (22 U.S.C. 2431c(a)), as renamed 

11 by section 2(a), is amended— 

12 (1) by striking ‘‘tropical forest’’ and inserting 

13 ‘‘tropical forest or coral reef’’; 

14 (2) by redesignating paragraph (2) as para15 graph (7); and 

16 (3) by striking paragraph (1) and inserting the 

17 following new paragraphs: 

18 ‘‘(1) whose government is democratically elected; 

19 ‘‘(2) whose government has not repeatedly pro20 vided support for acts of international terrorism; 

21 ‘‘(3) whose government is not failing to cooperate 

22 on international narcotics control matters; 

23 ‘‘(4) whose government (including its military or 

24 other security forces) does not engage in a consistent 


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1 pattern of gross violations of internationally recog2 nized human rights; 

3 ‘‘(5) that has in effect, has received approval for, 

4 or is making significant progress toward— 

5 ‘‘(A) an International Monetary Fund 

6 standby arrangement, extended Fund arrange7 ment, or an arrangement under the structural 

8 adjustment facility or enhanced structural ad9 justment facility, or a Fund monitored program, 

10 or is implementing sound macroeconomic poli11 cies, unless the President determines that such an 

12 arrangement or program could reasonably be ex13 pected to have significant adverse social or envi14 ronmental effect; and 

15 ‘‘(B) as appropriate, structural or sectoral 

16 adjustment loans from the International Bank 

17 for Reconstruction and Development or the Inter18 national Development Association, unless the 

19 President determines that the resulting adjust20 ment requirements could reasonably be expected 

21 to have significant adverse social or environ22 mental effects; 

23 ‘‘(6) if appropriate, has agreed with its commer24 cial bank lenders on a satisfactory financing proVerDate Sep 11 2014 22:48 Jul 30, 2018 Jkt 079200 PO 00000 Frm 00019 Fmt 6652 Sfmt 6203 E:\BILLS\S1023.RS S1023

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1 gram, including, as appropriate, debt or debt service 

2 reduction; and’’. 

3 SEC. 6. REDUCTION OF DEBT OWED TO THE UNITED 

4 STATES AS A RESULT OF CREDITS EXTENDED 

5 UNDER TITLE I OF FOOD FOR PEACE ACT. 

6 Section 807(a)(1) of the Tropical Forest and Coral 

7 Reef Conservation Act of 1998 (22 U.S.C. 2431e(a)(1)), as 

8 renamed by section 2(a), is amended by striking ‘‘out9 standing as of January 1, 1998,’’ and inserting ‘‘out10 standing as of the date of the enactment of the Tropical 

11 Forest Conservation Reauthorization Act of 2018’’. 

12 SEC. 7. UNITED STATES GOVERNMENT REPRESENTATION 

13 ON OVERSIGHT BODIES FOR GRANTS FROM 

14 DEBT-FOR-NATURE SWAPS AND DEBT 

15 BUYBACKS. 

16 Section 808(a)(5) of the Tropical Forest and Coral 

17 Reef Conservation Act of 1998 (22 U.S.C. 2431f(a)(5)), as 

18 renamed by section 2(a), is amended by adding at the end 

19 the following new subparagraph: 

20 ‘‘(C) UNITED STATES GOVERNMENT REP21 RESENTATION ON THE ADMINISTERING BODY.— 

22 One or more individuals appointed by the 

23 United States Government shall serve in an offi24 cial capacity on the administering body that 

25 oversees the implementation of grants arising 


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1 from a debt-for-nature swap or debt buyback re2 gardless of whether the United States is a party 

3 to any agreement between the eligible purchaser 

4 and the government of the beneficiary country.’’. 

5 SEC. 8. CONSERVATION AGREEMENTS. 

6 (a) RENAMING OF AGREEMENTS.—Section 809 of the 

7 Tropical Forest and Coral Reef Conservation Act of 1998 

8 (22 U.S.C. 2431g), as renamed by section 2(a), is amend9 ed— 

10 (1) in the section heading, by striking ‘‘TROP11 ICAL FOREST AGREEMENT’’ and inserting ‘‘CON12 SERVATION AGREEMENT’’; and 

13 (2) in subsection (a)— 

14 (A) by striking ‘‘AUTHORITY’’ and all that 

15 follows through ‘‘(1) IN GENERAL.—The Sec16 retary’’ and inserting ‘‘AUTHORITY.—The Sec17 retary’’; and 

18 (B) by striking ‘‘Tropical Forest Agree19 ment’’ and inserting ‘‘Conservation Agreement’’. 

20 (b) ELIMINATION OF REQUIREMENT TO CONSULT

21 WITH THE ENTERPRISE FOR THE AMERICAS BOARD.— 

22 Such subsection is further amended by striking paragraph 

23 (2). 

24 (c) ROLE OF BENEFICIARY COUNTRIES.—Such section 

25 is further amended— 


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1 (1) in subsection (e)(1)(C), by striking ‘‘in excep2 tional circumstances, the government of the bene3 ficiary country’’ and inserting ‘‘in limited cir4 cumstances, the government of the beneficiary country 

5 when needed to improve governance and enhance 

6 management of tropical forests or coral reef eco7 systems, without replacing existing levels of financial 

8 efforts by the government of the beneficiary country 

9 and with priority given to projects that complement 

10 grants made under subparagraphs (A) and (B)’’; and 

11 (2) by amending subsection (f) to read as follows: 

12 ‘‘(f) REVIEW OF LARGER GRANTS.—Any grant of more 

13 than $250,000 from a Fund must be approved by the Gov14 ernment of the United States and the government of the ben15 eficiary country.’’. 

16 (d) TECHNICAL AND CONFORMING AMENDMENTS.— 

17 Such section is further amended— 

18 (1) in subsection (c)(2)(A)(i), by inserting ‘‘to 

19 serve in an official capacity’’ after ‘‘Government’’; 

20 and 

21 (2) in subsection (d)— 

22 (A) in the matter preceding paragraph (1), 

23 by striking ‘‘tropical forests’’ and inserting 

24 ‘‘tropical forests and coral reef ecosystems’’; 


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1 (B) in paragraph (5), by striking ‘‘tropical 

2 forest’’; and 

3 (C) in paragraph (6), by striking ‘‘living in 

4 or near a tropical forest in a manner consistent 

5 with protecting such tropical forest’’ and insert6 ing ‘‘dependent on a tropical forest or coral reef 

7 ecosystem and related resources in a manner 

8 consistent with conserving such resources’’. 

9 (e) CONFORMING AMENDMENTS TO DEFINITIONS.— 

10 Section 803(7) of such Act (22 U.S.C. 2431a(7)) is amend11 ed— 

12 (1) in the heading, by striking ‘‘TROPICAL FOR13 EST AGREEMENT’’ and inserting ‘‘CONSERVATION

14 AGREEMENT’’; and 

15 (2) by striking ‘‘Tropical Forest Agreement’’ both 

16 places it appears and inserting ‘‘Conservation Agree17 ment’’. 

18 SEC. 9. CONSERVATION FUND. 

19 (a) IN GENERAL.—Section 810 of the Tropical Forest 

20 and Coral Reef Conservation Act of 1998 (22 U.S.C. 

21 2431h), as renamed by section 2(a), is amended— 

22 (1) in the section heading, by striking ‘‘TROP23 ICAL FOREST FUND’’ and inserting ‘‘CONSERVA24 TION FUND’’; and 

25 (2) in subsection (a)— 


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1 (A) by striking ‘‘Tropical Forest Agree2 ment’’ and inserting ‘‘Conservation Agreement’’; 

3 and 

4 (B) by striking ‘‘Tropical Forest Fund’’ and 

5 inserting ‘‘Conservation Fund’’. 

6 (b) CONFORMING AMENDMENTS TO DEFINITIONS.— 

7 Such Act is further amended— 

8 (1) in section 803(9) (22 U.S.C. 2431a(9))— 

9 (A) in the heading, by striking ‘‘TROPICAL

10 FOREST FUND’’ and inserting ‘‘CONSERVATION

11 FUND’’; and 

12 (B) by striking ‘‘Tropical Forest Fund’’ 

13 both places it appears and inserting ‘‘Conserva14 tion Fund’’; 

15 (2) in section 806(c)(2) (22 U.S.C. 2431d(c)(2)), 

16 by striking ‘‘Tropical Forest Fund’’ and inserting 

17 ‘‘Conservation Fund’’; and 

18 (3) in section 807(c)(2) (22 U.S.C. 2431e(c)(2)), 

19 by striking ‘‘Tropical Forest Fund’’ and inserting 

20 ‘‘Conservation Fund’’. 

21 SEC. 10. CHANGES TO DUE DATES OF ANNUAL REPORTS TO 

22 CONGRESS. 

23 Section 813 of the Tropical Forest and Coral Reef Con24 servation Act of 1998 (22 U.S.C. 2431k), as renamed by 

25 section 2(a), is amended— 


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1 (1) in subsection (a)— 

2 (A) by striking ‘‘(a) IN GENERAL.—Not 

3 later than December 31’’ and inserting ‘‘Not 

4 later than April 15’’; and 

5 (B) by striking ‘‘fiscal year’’ both places it 

6 appears and inserting ‘‘calendar year’’; and 

7 (2) by striking subsection (b). 

8 SEC. 11. NEW AUTHORIZATION OF APPROPRIATIONS FOR 

9 THE REDUCTION OF DEBT AND AUTHORIZA10 TION FOR AUDIT, EVALUATION, MONITORING, 

11 AND ADMINISTRATION EXPENSES. 

12 Section 806 of the Tropical Forest and Coral Reef Con13 servation Act of 1998 (22 U.S.C. 2431d), as renamed by 

14 section 2(a), is amended— 

15 (1) in subsection (d), by adding at the end the 

16 following new paragraphs: 

17 ‘‘(7) $20,000,000 for fiscal year 2019. 

18 ‘‘(8) $20,000,000 for fiscal year 2020. 

19 ‘‘(9) $20,000,000 for fiscal year 2021. 

20 ‘‘(10) $20,000,000 for fiscal year 2022.’’; and 

21 (2) by amending subsection (e) to read as fol22 lows: 

23 ‘‘(e) USE OF FUNDS TO CONDUCT PROGRAM AUDITS, 

24 EVALUATIONS, MONITORING, AND ADMINISTRATION.—Of 

25 the amounts made available to carry out this part for a 


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1 fiscal year, $300,000 is authorized to be made available to 

2 carry out audits, evaluations, monitoring, and administra3 tion of programs under this part, including personnel costs 

4 associated with such audits, evaluations, monitoring and 

5 administration.’’. 


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Calendar No. 544 

115TH CONGRESS 

2D SESSION S. 1023 

A BILL 

To reauthorize the Tropical Forest Conservation 

other purposes. Act of 1998 through fiscal year 2021, and for 

JULY 30, 2018 

Reported with an amendment 


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