H. R. 7148—387 
President shall submit a notification through the regular 
notification procedures of the Committees on Appropriations, 
which shall include a detailed description of how the funds 
proposed to be made available will be used, with a discussion 
of the United States interests that will be served by such 
assistance (including, as appropriate, a description of the eco-
nomic policy reforms that will be promoted by such assistance). 
(4) EXEMPTION.—Nonproject sector assistance funds may 
be exempt from the requirements of paragraph (1) only through 
the regular notification procedures of the Committees on Appro-
priations. 
ELIGIBILITY FOR ASSISTANCE 
SEC. 7027. (a) ASSISTANCE
THROUGH
NONGOVERNMENTAL 
ORGANIZATIONS.—Restrictions contained in this or any other Act 
with respect to assistance for a country shall not be construed 
to restrict assistance in support of programs of nongovernmental 
organizations from funds appropriated by this Act to carry out 
the provisions of chapters 1, 10, 11, and 12 of part I and chapter 
4 of part II of the Foreign Assistance Act of 1961, the FREEDOM 
Support Act (Public Law 102–511), and the Support for East Euro-
pean Democracy (SEED) Act of 1989 (Public Law 101–179): Pro-
vided, That before using the authority of this subsection to furnish 
assistance in support of programs of nongovernmental organiza-
tions, the President shall notify the Committees on Appropriations 
pursuant to the regular notification procedures, including a descrip-
tion of the program to be assisted, the assistance to be provided, 
and the reasons for furnishing such assistance: Provided further, 
That nothing in this subsection shall be construed to alter any 
existing statutory prohibitions against abortion or involuntary steri-
lizations contained in this or any other Act. 
(b) PUBLIC LAW 480.—During fiscal year 2026, restrictions con-
tained in this or any other Act with respect to assistance for 
a country shall not be construed to restrict assistance under the 
Food for Peace Act (Public Law 83–480; 7 U.S.C. 1721 et seq.): 
Provided, That none of the funds appropriated to carry out title 
I of such Act and made available pursuant to this subsection may 
be obligated or expended except as provided through the regular 
notification procedures of the Committees on Appropriations. 
(c) EXCEPTION.—This section shall not apply— 
(1) with respect to section 620A of the Foreign Assistance 
Act of 1961 or any comparable provision of law prohibiting 
assistance to countries that support international terrorism; 
or 
(2) with respect to section 116 of the Foreign Assistance 
Act of 1961 or any comparable provision of law prohibiting 
assistance to the government of a country that violates inter-
nationally recognized human rights. 
PROMOTION OF UNITED STATES ECONOMIC INTERESTS 
SEC. 7028. (a) DIPLOMATIC ENGAGEMENT.—Consistent with sec-
tion 704 of the Championing American Business Through Diplomacy 
Act of 2019 (title VII of division J of Public Law 116–94), the 
Secretary of State, in consultation with the Secretary of Commerce, 
shall prioritize the allocation of funds appropriated by this Act 
under the heading ‘‘Diplomatic Programs’’ for support of Chief of
H. R. 7148—388 
Mission diplomatic engagement to foster commercial relations and 
safeguard United States economic and business interests in the 
country in which each Chief of Mission serves, including activities 
and initiatives to create and maintain an enabling environment, 
promote and protect such interests, and resolve commercial dis-
putes: Provided, That each Mission Resource Request and Bureau 
Resource Request shall include amounts required to prioritize the 
activities described in this subsection. 
(b) TRAINING.—In carrying out section 705 of title VII of division 
J of Public Law 116–94, the Secretary of State shall annually 
assess training needs across the economic and commercial diplo-
macy issue areas and ensure, after a review of course offerings, 
course attendance records, and course evaluation results, that cur-
rent offerings meet training needs. 
(c) ASSISTANCE.— 
(1) The Secretary of State should direct each Chief of 
Mission to consider how best to advance and support commer-
cial relations and the safeguarding of United States business 
interests in the development and execution of the applicable 
Integrated Country Strategy and the Mission Resource Request 
for each country receiving bilateral assistance from funds appro-
priated by this Act. 
(2) Of the funds appropriated by this Act under the heading 
‘‘National Security Investment Programs’’, not less than 
$5,000,000 shall be made available to enhance and expand 
Department of State coordination with the Department of Com-
merce on the furtherance of national and economic security 
interests, subject to the coordination and concurrence of the 
Assistant Secretary for Global Markets and Director General, 
United States Foreign Commercial Service: Provided, That such 
funds shall not be used to subsidize or replicate ongoing activi-
ties of the United State Foreign Commercial Service, and may 
not be used for programs or activities in the United States: 
Provided further, That such funds are subject to prior consulta-
tion with, and the regular notification procedures of, the 
Committees on Appropriations. 
INTERNATIONAL FINANCIAL INSTITUTIONS 
SEC. 7029. (a) EVALUATIONS.—The Secretary of the Treasury 
shall instruct the United States executive director of each inter-
national financial institution to use the voice of the United States 
to encourage such institution to adopt and implement a publicly 
available policy, including the strategic use of peer reviews and 
external experts, to conduct independent, in-depth evaluations of 
the effectiveness of at least 35 percent of all loans, grants, programs, 
and significant analytical non-lending activities in advancing the 
institution’s goals of reducing poverty and promoting equitable eco-
nomic growth, consistent with relevant safeguards, to ensure that 
decisions to support such loans, grants, programs, and activities 
are based on accurate data and objective analysis. 
(b) SAFEGUARDS.— 
(1) STANDARDS.—The Secretary of the Treasury shall 
instruct the United States Executive Director of the Inter-
national Bank for Reconstruction and Development and the 
International Development Association to use the voice and 
vote of the United States to oppose any loan, grant, policy,
H. R. 7148—389 
or strategy if such institution has adopted and is implementing 
any social or environmental safeguard relevant to such loan, 
grant, policy, or strategy that provides less protection than 
World Bank safeguards in effect on September 30, 2015. 
(2) ACCOUNTABILITY, STANDARDS, AND BEST PRACTICES.— 
The Secretary of the Treasury shall instruct the United States 
executive director of each international financial institution 
to use the voice and vote of the United States to oppose loans 
or other financing for projects unless such projects— 
(A) provide for accountability and transparency, 
including the collection, verification, and publication of 
beneficial ownership information related to extractive 
industries and on-site monitoring during the life of the 
project; 
(B) will be developed and carried out in accordance 
with best practices regarding environmental conservation, 
cultural protection, and empowerment of local populations, 
including free, prior and informed consent of affected 
Indigenous communities; 
(C) do not provide incentives for, or facilitate, forced 
displacement or other violations of human rights; and 
(D) do not partner with or otherwise involve enterprises 
owned or controlled by the armed forces. 
(c) COMPENSATION.—None of the funds appropriated under title 
V of this Act may be made as payment to any international financial 
institution while the United States executive director to such 
institution is compensated by the institution at a rate which, 
together with whatever compensation such executive director 
receives from the United States, is in excess of the rate provided 
for an individual occupying a position at level IV of the Executive 
Schedule under section 5315 of title 5, United States Code, or 
while any alternate United States executive director to such institu-
tion is compensated by the institution at a rate in excess of the 
rate provided for an individual occupying a position at level V 
of the Executive Schedule under section 5316 of title 5, United 
States Code. 
(d) HUMAN RIGHTS.—The Secretary of the Treasury shall 
instruct the United States executive director of each international 
financial institution to use the voice and vote of the United States 
to promote human rights due diligence and risk management, as 
appropriate, in connection with any loan, grant, policy, or strategy 
of such institution. 
(e) FRAUD AND CORRUPTION.—The Secretary of the Treasury 
shall instruct the United States executive director of each inter-
national financial institution to use the voice of the United States 
to include in loan, grant, and other financing agreements improve-
ments in borrowing countries’ financial management and judicial 
capacity to investigate, prosecute, and punish fraud and corruption. 
(f) BENEFICIAL OWNERSHIP INFORMATION.—The Secretary of the 
Treasury shall instruct the United States executive director of 
each international financial institution to use the voice of the United 
States to encourage such institution to collect, verify, and publish, 
to the maximum extent practicable, beneficial ownership informa-
tion (excluding proprietary information) for any corporation or lim-
ited liability company, other than a publicly listed company, that 
receives funds from any such financial institution.
H. R. 7148—390 
(g) WHISTLEBLOWER
PROTECTIONS.—The Secretary of the 
Treasury shall instruct the United States executive director of 
each international financial institution to use the voice of the United 
States to encourage such institution to effectively implement and 
enforce policies and procedures which meet or exceed best practices 
in the United States for the protection of whistleblowers from 
retaliation, including— 
(1) protection against retaliation for internal and lawful 
public disclosure; 
(2) legal burdens of proof; 
(3) statutes of limitation for reporting retaliation; 
(4) access to binding independent adjudicative bodies, 
including shared cost and selection external arbitration; and 
(5) results that eliminate the effects of proven retaliation, 
including provision for the restoration of prior employment. 
(h) GRIEVANCE MECHANISMS AND PROCEDURES.—The Secretary 
of the Treasury shall instruct the United States executive director 
of each international financial institution to use the voice of the 
United States to support independent investigative and adjudicative 
mechanisms and procedures that meet or exceed best practices 
in the United States to provide due process and fair compensation, 
including the right to reinstatement, for employees who are sub-
jected to harassment, discrimination, retaliation, false allegations, 
or other misconduct. 
(i) CAPITAL INCREASES.—None of the funds appropriated by 
this Act may be made available to support a new capital increase 
for an international financial institution unless the President sub-
mits a budget request for such increase to Congress and the Sec-
retary of the Treasury concurrent with such request determines 
and reports to the Committees on Appropriations that— 
(1) the capital increase sets such institution on a path 
to meet its regional or global objectives, as appropriate, 
including its overarching strategic framework and vision for 
its role in development finance, and such increase includes 
agreement on internal reforms and policy measures necessary 
to enhance the efficiency and effectiveness of the institution; 
and 
(2) the capital increase does not increase the voting power 
of the People’s Republic of China in such institution relative 
to that of the United States, unless the Secretary of the 
Treasury certifies and reports to the appropriate congressional 
committees that such capital increase is in the national interest 
of the United States. 
(j) OPPOSITION
TO LENDING
TO
THE PEOPLE’S REPUBLIC
OF 
CHINA.—The Secretary of the Treasury shall instruct the United 
States executive director at each multilateral development bank 
to use the voice and vote of the United States to oppose any 
loan, extension of financial assistance, or technical assistance by 
such bank to the People’s Republic of China. 
(k) REPORT.—Not later than 120 days after the date of enact-
ment of this Act, the Secretary of the Treasury shall submit a 
report to the Committees on Appropriations detailing any funding 
provided in the prior calendar year by a financial intermediary 
fund overseen by the Department of the Treasury to the People’s 
Republic of China or any country or region subject to comprehensive 
sanctions by the United States.