which funds have been appropriated or otherwise made
available for programs within the International Affairs
Budget Function 150, including the cost of selling, reduc-
ing, or canceling amounts owed to the United States as
a result of concessional loans made to eligible countries,
pursuant to parts IV and V of the Foreign Assistance Act
of 1961, and of modifying concessional credit agreements
with least developed countries, as authorized under section
411 of the Agricultural Trade Development and Assist-
ance Act of 1954, as amended, and concessional loans,
guarantees and credit agreements, as authorized under
section 572 of the Foreign Operations, Export Financing,
and Related Programs Appropriations Act, 1989 (Public
Law 100–461), and of canceling amounts owed, as a result
of loans or guarantees made pursuant to the Export-Im-
port Bank Act of 1945, by countries that are eligible for
debt reduction pursuant to title V of H.R. 3425 as enacted
into law by section 1000(a)(5) of Public Law 106–113,
$105,000,000, to remain available until September 30,
2007: Provided, That not less than $20,000,000 of the
funds appropriated under this heading shall be made avail-
able to carry out the provisions of part V of the Foreign
Assistance Act of 1961: Provided further, That up to
$75,000,000 of the funds appropriated under this heading
may be used by the Secretary of the Treasury to pay to
the Heavily Indebted Poor Countries (HIPC) Trust Fund
administered by the International Bank for Reconstruc-
tion and Development amounts for the benefit of countries
that are eligible for debt reduction pursuant to title V of
H.R. 3425 as enacted into law by section 1000(a)(5) of
Public Law 106–113: Provided further, That amounts paid
to the HIPC Trust Fund may be used only to fund debt
reduction under the enhanced HIPC initiative by—
(1) the Inter-American Development Bank;
(2) the African Development Fund;
(3) the African Development Bank; and
(4) the Central American Bank for Economic
Integration:
Provided further, That funds may not be paid to the HIPC
Trust Fund for the benefit of any country if the Secretary
of State has credible evidence that the government of such
country is engaged in a consistent pattern of gross viola-
tions of internationally recognized human rights or in mili-
tary or civil conflict that undermines its ability to develop
and implement measures to alleviate poverty and to devote
adequate human and financial resources to that end: Pro-
vided further, That on the basis of final appropriations,
the Secretary of the Treasury shall consult with the Com-
mittees on Appropriations concerning which countries and
international financial institutions are expected to benefit
from a United States contribution to the HIPC Trust
Fund during the fiscal year: Provided further, That the
Secretary of the Treasury shall inform the Committees on
Appropriations not less than 15 days in advance of the
signature of an agreement by the United States to make
payments to the HIPC Trust Fund of amounts for such
countries and institutions: Provided further, That the Sec-
retary of the Treasury may disburse funds designated for
debt reduction through the HIPC Trust Fund only for the
benefit of countries that—
(1) have committed, for a period of 24 months,
not to accept new market-rate loans from the inter-
national financial institution receiving debt repay-
ment as a result of such disbursement, other than
loans made by such institutions to export-oriented
commercial projects that generate foreign exchange
which are generally referred to as ‘‘enclave’’ loans;
and
(2) have documented and demonstrated their
commitment to redirect their budgetary resources
from international debt repayments to programs to
alleviate poverty and promote economic growth that
are additional to or expand upon those previously
available for such purposes: