(4) TRANSPARENCY
OF
OPERATIONS.—The
Board of Trustees should ensure full and prompt
public disclosure of the proposed objectives, financial
organization, and operations of the Trust Fund.
(b) ACCOUNTABILITY OF FUNDS AND CRITERIA FOR
PROGRAMS.—As part of the negotiations described in sec-
tion 3(a), the Secretary of the Treasury shall, consistent
with subsection (a)(3) of this section—
(1) take such actions as are necessary to ensure
that the Bank will have in effect adequate proce-
dures and standards to account for and monitor the
use of funds contributed to the Trust Fund, includ-
ing the cost of administering the Trust Fund; and
(2) seek agreement on the criteria that should
be used to determine the programs and activities
that should be assisted by the Trust Fund.
SEC. 6. ADVISORY BOARD.
(a) SENSE OF THE CONGRESS.—It is the sense of the
Congress that:
(1) IN GENERAL.—There should be an Advisory
Board to the Trust Fund.
(2) APPOINTMENTS.—The members of the Ad-
visory Board should be drawn from—
(A) a broad range of individuals with expe-
rience and leadership in the fields of develop-
ment, with particular priority for individuals
with experience in agricultural production and
rural microenterprise loan programs; and
(B) representatives of relevant United Na-
tions agencies and nongovernmental organiza-
tions with on-the-ground experience in countries
authorized to receive grants.
(3) RESPONSIBILITIES.—The Advisory Board
should provide advice and guidance to the Board of
Trustees on the development and implementation of
programs and projects to be assisted by the Trust
Fund and on leveraging donations to the Trust
Fund.
(4) PROHIBITION ON PAYMENT OF COMPENSA-
TION.—Except for travel expenses (including per
diem in lieu of subsistence), no member of the Advi-
sory Board should receive compensation for services
performed as a member of the Board.
(b) UNITED STATES REPRESENTATIVE.—Notwith-
standing any other provision of law (including an inter-
national agreement), a representative of the United States
on the Advisory Board may not accept compensation for
services performed as a member of the Board, except that
such representative may accept travel expenses, including
per diem in lieu of subsistence, while away from the rep-
resentative’s home or regular place of business in the per-
formance of services for the Board.
SEC. 7. REPORTS TO CONGRESS.
(a) ANNUAL REPORTS
BY SECRETARY
OF
THE
TREASURY.—
(1) IN GENERAL.—Not later than 1 year after
the date of the enactment of this Act, and annually
thereafter for the duration of the Trust Fund, the
Secretary of the Treasury shall submit to the appro-
priate committees of Congress a report on the Trust
Fund.
(2) REPORT ELEMENTS.—The report shall in-
clude a description of—
(A) the goals of the Trust Fund;
(B) the programs, projects, and activities
supported by the Trust Fund;
(C) private and governmental contributions
to the Trust Fund;
(D) the criteria that have been established,
acceptable to the Secretary of the Treasury and
the Administrator of the United States Agency
for International Development, that would be
used to determine the programs and activities
that should be assisted by the Trust Fund;
(E) an assessment regarding the extent to
which the Government of Afghanistan does or
does not meet the requirements of section 4(b)
for that fiscal year; and
(F) with respect to a fiscal year for which
Afghanistan is eligible to receive a grant under
section 4, the impact of programming on food
production and rural development in Afghani-
stan.
(b) GAO REPORT
ON TRUST FUND EFFECTIVE-
NESS.—Not later than 2 years after the date of the enact-
ment of this Act, the Comptroller General of the United
States shall submit to the appropriate committees of the
Congress a report evaluating the effectiveness of the Trust
Fund, including—
(1) the effectiveness of the programs, projects,
and activities described in subsection (a)(2)(B) in
building sustainable food production and rural
microenterprise loans in the countries authorized to
receive grants under this section; and
(2) an assessment of the merits of continued
United States financial contributions to the Trust
Fund.
(c) APPROPRIATE COMMITTEES DEFINED.—In sub-
section (a), the term ‘‘appropriate committees’’ means the
Committee on Foreign Relations and the Committee on
Appropriations of the Senate and the Committee on Inter-
national Relations, the Committee on Financial Services,
and the Committee on Appropriations of the House of
Representatives.
SEC. 8. AUTHORIZATION OF APPROPRIATIONS.
In addition to any other funds authorized to be ap-
propriated for multilateral or bilateral programs related
to sustainable food production and microenterprise sys-
tems, there is authorized to be appropriated to the Sec-
retary of the Treasury $25,000,000 for fiscal year 2002
and $50,000,000 for each of the fiscal years 2003 through
2006 for payment to the Trust Fund. Of the amount ap-
propriated pursuant to the authorization of appropriations
under the preceding sentence for a fiscal year 60 percent
should be designated for grants for Afghanistan.
SEC. 9. CERTIFICATION REQUIREMENT.
(a) IN GENERAL.—Prior to the initial obligation or
expenditure of funds appropriated pursuant to section 8,
the Secretary of the Treasury shall certify that adequate
procedures and standards have been established to ensure
accountability for and monitoring of the use of funds con-
tributed to the Trust Fund, including the cost of admin-
istering the Trust Fund.
(b) TRANSMITTAL OF CERTIFICATION.—The certifi-
cation required by subsection (a), and the bases for that
certification, shall be submitted by the Secretary of the
Treasury to Congress.
SEC. 10. DEFINITIONS.
In this Act:
(1) BANK.—The term ‘‘Bank’’ means the Inter-
national Bank for Reconstruction and Development.
(2) OTHER
COUNTRIES
OF
CENTRAL
ASIA.—
The term ‘‘other countries of Central Asia’’ means
Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan,
and Uzbekistan.
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