II 
111TH CONGRESS 
2D SESSION 
H. R. 4573 
IN THE SENATE OF THE UNITED STATES 
MARCH 11, 2010 
Received 
AN ACT 
To urge the Secretary of the Treasury to instruct the United 
States Executive Directors at the International Monetary 
Fund, the World Bank, the Inter-American Development 
Bank, and other multilateral development institutions to 
use the voice, vote, and influence of the United States 
to cancel immediately and completely Haiti’s debts to 
such institutions, and for other purposes. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Haiti Debt Relief and 
Earthquake Recovery Act of 2010’’. 
SEC. 2. DEBT RELIEF FOR HAITI. 
Title XVI of the International Financial Institutions 
Act (22 U.S.C. 262p et seq.) is amended by adding at 
the end the following new section: 
‘‘SEC. 1628. CANCELLATION OF HAITI’S DEBTS TO INTER-
NATIONAL FINANCIAL INSTITUTIONS. 
‘‘(a) IN GENERAL.—The Secretary of the Treasury 
should direct the United States Executive Director at the 
International Monetary Fund, the International Develop-
ment Association, the Inter-American Development Bank, 
the International Fund for Agricultural Development, and 
other multilateral development institutions (as defined in 
section 1701(c)(3)) to use the voice, vote and influence 
of the United States at each such institution to seek to 
achieve— 
‘‘(1) the immediate and complete cancellation of 
any and all remaining debts owed by Haiti to such 
institutions; 
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‘‘(2) the suspension of Haiti’s debt service pay-
ments to such institutions until such time as the 
debts are canceled completely; and 
‘‘(3) the provision of emergency, humanitarian 
and reconstruction assistance from such institutions 
to Haiti in the form of grants or other assistance 
such that Haiti does not accumulate debt. 
‘‘(b) USE OF CERTAIN FUNDS FOR ASSISTANCE TO 
HAITI.—The Secretary of the Treasury should instruct 
the United States Executive Director of the International 
Monetary Fund to advocate the use of some of the realized 
windfall profits that exceed the required contribution to 
the Poverty Reduction and Growth Trust (as referenced 
in the IMF Reforms Financial Facilities for Low-Income 
Countries Public Information Notice (PIN) No. 09/94) 
from the ongoing sale of 12,965,649 ounces of gold ac-
quired since the second Amendment of the Fund’s Article 
of Agreement, to provide debt stock relief, debt service re-
lief, and grants for Haiti. 
‘‘(c) SECURING OTHER RELIEF FOR HAITI.—The 
Secretary of the Treasury and the Secretary of State 
should use all appropriate diplomatic influence to secure 
cancellation of any and all remaining bilateral, multilateral 
and private creditor debt owed by Haiti.’’. 
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SEC. 3. INFRASTRUCTURE INVESTMENT. 
(a) TRUST FUND.—The Secretary of the Treasury 
should support the creation and utilization of a multilat-
eral trust fund for Haiti that would leverage potential 
United States contributions and promote bilateral dona-
tions to such a fund for the purpose of making invest-
ments in Haiti’s future, including efforts to combat soil 
degradation and promote reforestation and infrastructure 
investments such as electric grids, roads, water and sani-
tation facilities, and other critical infrastructure projects. 
(b) INCREASE IN TRANSFER OF EARNINGS.—The 
Secretary of the Treasury should direct the United States 
Executive Director of the Inter-American Development 
Bank to seek to increase the transfer of its earnings to 
the Fund for Special Operations and to a trust fund or 
grant facility for Haiti. 
Passed the House of Representatives March 10, 
2010. 
Attest: 
LORRAINE C. MILLER, 
Clerk. 
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