vestment fund portfolio grouped by region and 
maturity. 
‘‘(B) STATUS OF LOAN GUARANTIES.—The 
amount of guaranties committed by the Corpora-
tion to support investment funds, including the 
percentage of such amount that has been dis-
bursed to the investment funds. 
‘‘(C) RISK RATINGS.—The definition of risk 
ratings, and the current aggregate risk ratings 
for the investment fund portfolio, including the 
number of investment funds in each of the Cor-
poration’s rating categories. 
‘‘(D) COMPETITIVE SELECTION OF INVEST-
MENT FUND MANAGEMENT.—The number of pro-
posals received and evaluated for each newly es-
tablished investment fund.’’. 
(b) GAO AUDIT.—Not later than 1 year after the sub-
mission of the first report to Congress under section 240A 
of the Foreign Assistance Act of 1961 that includes the in-
formation required by section 239(l)(3) of that Act (as 
added by subsection (a) of this section), the Comptroller 
General of the United States shall prepare and submit to 
the Committee on Foreign Affairs of the House of Represent-
atives and the Committee on Foreign Relations of the Sen-
ate an independent assessment of the investment fund port-
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folio of the Overseas Private Investment Corporation, cov-
ering the items required to be addressed under such section 
239(l)(3). 
SEC. 14. EXTENSION OF AUTHORITY TO OPERATE IN IRAQ. 
Section 239 of the Foreign Assistance Act of 1961 (22 
U.S.C. 2199) is amended by adding at the end the following: 
‘‘(m) OPERATIONS
IN IRAQ.—Notwithstanding sub-
sections (a) and (b) of section 237, the Corporation is au-
thorized to undertake in Iraq any program authorized by 
this title.’’. 
SEC. 15. CONSISTENCY WITH EXISTING LAW. 
Section 239 of the Foreign Assistance Act of 1961 (22 
U.S.C. 2199) is further amended by adding at the end the 
following: 
‘‘(n) CONSISTENCY WITH OTHER LAW.—Section 620L 
of this Act shall apply to any insurance, reinsurance, guar-
anty, or other financing issued by the Corporation for 
projects in the West Bank and Gaza to the same extent as 
such section applies to other assistance under this Act. 
‘‘(o) LIMITATION ON ASSISTANCE TO GAZA AND THE 
WEST BANK.—The Corporation may not provide insur-
ance, reinsurance, a guaranty, financing, or other assist-
ance to support a project in any part of Gaza or the West 
Bank unless the Secretary of State determines that the loca-
tion for the project is not under the effective control of 
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Hamas or any other foreign terrorist organization des-
ignated under section 219 of the Immigration and Nation-
ality Act (8 U.S.C. 1189).’’. 
SEC. 16. CONGRESSIONAL NOTIFICATION REGARDING MAX-
IMUM CONTINGENT LIABILITY. 
Section 239 of the Foreign Assistance Act of 1961 (22 
U.S.C. 2199) is further amended by adding at the end the 
following: 
‘‘(p) CONGRESSIONAL NOTIFICATION OF INCREASE IN 
MAXIMUM CONTINGENT LIABILITY.—The Corporation shall 
notify the Committee on Foreign Affairs of the House of 
Representatives and the Committee on Foreign Relations of 
the Senate not later than 15 days after the date on which 
the Corporation’s maximum contingent liability out-
standing at any one time pursuant to insurance issued 
under section 234(a), and the amount of financing issued 
under sections 234(b) and (c), exceeds the previous fiscal 
year’s maximum contingent liability by 25 percent.’’. 
SEC. 17. ASSISTANCE FOR SMALL BUSINESSES AND ENTI-
TIES. 
Section 240 of the Foreign Assistance Act of 1961 (22 
U.S.C. 2200) is amended by adding at the end the following: 
‘‘(c) RESOURCES DEDICATED TO SMALL BUSINESSES, 
COOPERATIVES, AND OTHER SMALL UNITED STATES IN-
VESTORS.—The Corporation shall ensure that adequate per-
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sonnel and resources, including senior officers, are dedi-
cated to assist United States small businesses, cooperatives, 
and other small United States investors in obtaining insur-
ance, reinsurance, financing, and other support under this 
title. The Corporation shall include, in each annual report 
under section 240A, the following information with respect 
to the period covered by the report: 
‘‘(1) A description of such personnel and re-
sources. 
‘‘(2) The number of small businesses, coopera-
tives, and other small United States investors that re-
ceived such insurance, reinsurance, financing, and 
other support, and the dollar value of such insurance, 
reinsurance, financing and other support. 
‘‘(3) A description of the projects for which such 
insurance, reinsurance, financing, and other support 
was provided.’’. 
SEC. 18. TECHNICAL CORRECTIONS. 
(a) PILOT EQUITY FINANCE PROGRAM.—Section 234 
of the Foreign Assistance Act of 1961 (22 U.S.C. 2194) is 
amended— 
(1) by striking subsection (g); and 
(2) by redesignating subsection (h) as subsection 
(g). 
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(b) TRANSFER AUTHORITY.—Section 235 of the For-
eign Assistance Act of 1961 (22 U.S.C. 2195) is amended— 
(1) by striking subsection (e); and 
(2) by redesignating subsection (f) as subsection 
(e). 
(c) GUARANTY CONTRACT.—Section 237(j) of the For-
eign Assistance Act of 1961 (22 U.S.C. 2197(j)) is amended 
by inserting ‘‘insurance, reinsurance, and’’ after ‘‘Each’’. 
(d) TRANSFER OF PREDECESSOR PROGRAMS AND AU-
THORITIES.— 
(1) TRANSFER.—Section 239 of the Foreign As-
sistance Act of 1961 (22 U.S.C. 2199), as amended by 
the preceding provisions of this Act, is amended— 
(A) by striking subsection (b); and 
(B) by redesignating the subsections (c) 
through (p) as subsections (b) through (o), re-
spectively. 
(2) CONFORMING
AMENDMENTS.—(A) Section 
237(m)(1) of the Foreign Assistance Act of 1961 (22 
U.S.C. 2197(m)(1)) is amended by striking ‘‘239(g)’’ 
and inserting ‘‘239(f)’’. 
(B) Section 240A(a) of the Foreign Assistance 
Act of 1961 (22 U.S.C. 2200A(a)) is amended— 
(i) in paragraph (1), by striking ‘‘239(h)’’ 
and inserting ‘‘239(g)’’; and 
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