the time the Fund is dissolved shall be returned 
to the General Fund of the United States 
Treasury and used to reduce the debt of the 
United States. 
(d) NOTIFICATION.— 
(1) IN GENERAL.—Not later than 15 days be-
fore designating an organization to operate as the 
Tunisian-American Enterprise Fund pursuant to 
subsection (a), the President shall provide the infor-
mation described in paragraph (2) to the Chairman 
and Ranking Member of the appropriate congres-
sional committees. 
(2) INFORMATION.—The information described 
in this paragraph is— 
(A) the identity of the organization to be 
designated to operate as the Tunisian-American 
Enterprise Fund pursuant to subsection (a); 
(B) the names and qualifications of the in-
dividuals who will comprise the initial Board of 
Directors; and 
(C) the procedures referred to in sub-
section (c)(3)(C) that will apply to the Tuni-
sian-American Enterprise Fund for purposes of 
curtailing money-laundering and terrorist fi-
nancing activities. 
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(e) PUBLIC DISCLOSURE.—Not later than 1 year 
after the entry into force of the initial grant agreement 
under this section, and annually thereafter, the Fund shall 
prepare and make available to the public on an Internet 
Web site administered by the Fund a report on the Fund’s 
activities during the previous year, including— 
(1) a description of each investment or project 
supported by the Fund, including each type of as-
sistance provided in accordance with section 203(2); 
(2) the amounts invested by the Fund in each 
company or project; 
(3) the amounts of additional private invest-
ments made in each company or project; and 
(4) the amounts of any profits or losses realized 
by the Fund in connection with each such company 
or project. 
SEC. 205. REPORTS. 
(a) ADMINISTRATIVE EXPENSES.—Not later than 1 
year after the date of the enactment of this Act, and annu-
ally thereafter until the Fund is dissolved, the Fund shall 
submit to the appropriate congressional committees a re-
port detailing the administrative expenses of the Fund. 
(b) GAO REPORT.—Not later than 3 years after the 
date of the enactment of this Act, and every 3 years there-
after until the Fund is dissolved, the Comptroller General 
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of the United States shall submit to the appropriate con-
gressional committees a report assessing the activities of 
the Fund in achieving the stated goals of promoting pri-
vate sector investment and employment in Tunisia and 
identifying those institutional or regulatory constraints 
that inhibit a more effective application of Fund resources. 
SEC. 206. OPERATION PROVISIONS. 
(a) APPLICABLE PROVISIONS.—Subsections (d)(5), 
(g), (h), (i), (k), (l), (m), (n), (o), and (p) of section 201 
of the Support for East European Democracy (SEED) 
Act of 1989 (22 U.S.C. 5421) shall apply with respect 
to the Tunisian-American Enterprise Fund in the same 
manner as such provisions apply to Enterprise Funds des-
ignated pursuant to subsection (d) of such section. 
(b) REINVESTMENT.—Returns on investments of the 
Tunisian-American Enterprise Fund and other payments 
to the Fund may be reinvested in projects carried out by 
the Fund without further appropriation by Congress. 
SEC. 207. BEST PRACTICES AND PROCEDURES. 
To the maximum extent practicable, the Board of Di-
rectors of the Tunisian-American Enterprise Fund should 
adopt the best practices and procedures used by Enter-
prise Funds, including those for which funding has been 
made available pursuant to section 201 of the Support for 
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East European Democracy (SEED) Act of 1989 (22 
U.S.C. 5421). 
SEC. 208. EXPERIENCE OF OTHER ENTERPRISE FUNDS. 
In implementing this title, the President shall ensure 
that the Articles of Incorporation of the Tunisian-Amer-
ican Enterprise Fund (including provisions specifying the 
responsibilities of the Board of Directors of the Fund), 
the terms of United States Government grant agreements 
with the Fund, and United States Government oversight 
of the Fund are, to the maximum extent practicable, con-
sistent with the Articles of Incorporation of, the terms of 
grant agreements with, and the oversight of the Enter-
prise Funds established pursuant to section 201 of the 
Support for East European Democracy (SEED) Act of 
1989 (22 U.S.C. 5421) and comparable provisions of law. 
Æ 
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