investments in and grants for projects providing 
the modern information technology infrastruc-
ture needed for the delivery and monitoring of 
services to economically vulnerable populations 
in Haiti. 
(C) MANAGEMENT AND TECHNICAL CAPAC-
ITY
BUILDING.—The Enterprise Fund may 
make investments in and grants for projects 
providing management and technical capacity 
training and development, which may include 
training on effective management and govern-
ance for promoting private sector development. 
(D) AMERICA FOR HAITIAN PRIVATE SEC-
TOR DEVELOPMENT FOUNDATION.— 
(i) ESTABLISHMENT.—The Enterprise 
Fund may use not more than $5,000,000 
of the funds transferred to it under sub-
section (a) to establish and provide support 
for the America for Haitian Private Sector 
Development Foundation (in this title re-
ferred to as the ‘‘Foundation’’). 
(ii) ACTIVITIES OF FOUNDATION.— 
(I) RECRUITMENT.—The Foun-
dation shall develop programs to re-
cruit qualified individuals from the 
VerDate Mar 15 2010 
06:55 May 26, 2010
Jkt 089200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H5394.IH
H5394
jbell on DSKDVH8Z91PROD with BILLS
United States, including the Haitian 
diaspora in the United States, to go 
to Haiti to provide technical expertise 
to the Haitian government to support 
public functions and to fill capacity 
gaps in the Haitian government, espe-
cially at Haitian government min-
istries that oversee the private sector 
and were disrupted by the earthquake 
that occurred on January 12, 2010. 
Such individuals may serve for short 
or extended periods of time, not to ex-
ceed 2 years, as necessary to meet the 
needs of the Haitian government. The 
Foundation shall pay such individuals 
such reasonable compensation for 
their services as the Foundation con-
siders necessary to attract a sufficient 
number of qualified individuals. 
(II) ACTIVITIES AFTER WINDING 
DOWN
OF
ENTERPRISE
FUND.—The 
Enterprise Fund shall ensure that the 
Foundation is in a position to con-
tinue supporting the development and 
good governance of the Haitian pri-
VerDate Mar 15 2010 
06:55 May 26, 2010
Jkt 089200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H5394.IH
H5394
jbell on DSKDVH8Z91PROD with BILLS
vate sector after the Enterprise Fund 
is wound down and no longer receives 
funding from the United States Gov-
ernment. 
(c) FINANCIAL INSTRUMENTS FOR INDIVIDUAL IN-
VESTMENT IN HAITI.—The Enterprise Fund shall, if at 
all practicable, establish financial instruments that will en-
able individuals to invest in the Haitian private sector. 
(d) PRIORITY
IN
MAKING
INVESTMENTS
AND 
GRANTS.—In making investments and grants under this 
section, the Enterprise Fund shall give priority to indus-
tries targeted by the Haitian government for economic re-
covery and growth. 
(e) MATTERS
FOR CONSIDERATION
IN CARRYING 
OUT AUTHORIZED ACTIVITIES.—In carrying out activities 
under this title, the Enterprise Fund shall take into ac-
count such considerations as internationally recognized 
worker rights and other internationally recognized human 
rights, environmental factors, United States economic and 
employment effects, and the likelihood of commercial via-
bility of the activity receiving assistance from the Enter-
prise Fund. 
SEC. 103. ADMINISTRATION OF FUNDS. 
(a) RETENTION OF INVESTMENT EARNINGS.— 
VerDate Mar 15 2010 
06:55 May 26, 2010
Jkt 089200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H5394.IH
H5394
jbell on DSKDVH8Z91PROD with BILLS
(1) RETENTION OF INTEREST.—The Enterprise 
Fund may hold funds transferred to it under section 
102(a) in interest-bearing accounts, prior to the dis-
bursement of such funds for the activities described 
in section 102, and may retain for such purposes 
any interest earned on such deposits without return-
ing such interest to the Treasury and without fur-
ther appropriation by Congress. 
(2) USE OF INVESTMENT RETURNS AND OTHER 
PAYMENTS.—The Enterprise Fund may use returns 
on investments of the Enterprise Fund and other 
payments to the Enterprise Fund to make invest-
ments in and grants for projects carried out under 
section 102, without returning such returns or other 
payments to the Treasury and without further ap-
propriation by Congress. 
(b) USE
OF UNITED STATES PRIVATE VENTURE 
CAPITAL.— 
(1) IN GENERAL.—In order to maximize the ef-
fectiveness of the activities of the Enterprise Fund, 
the Enterprise Fund may conduct public offerings or 
private placements for the purpose of soliciting and 
accepting United States venture capital, which may 
be used, separately or together with funds trans-
ferred to the Enterprise Fund under section 102(a), 
VerDate Mar 15 2010 
06:55 May 26, 2010
Jkt 089200
PO 00000
Frm 00009
Fmt 6652
Sfmt 6201
E:\BILLS\H5394.IH
H5394
jbell on DSKDVH8Z91PROD with BILLS
for any lawful investment purpose that the board of 
directors of the Enterprise Fund considers appro-
priate to carry out this title. 
(2) DISTRIBUTIONS.—Financial returns on En-
terprise Fund investments that include a component 
of private venture capital may be distributed, at 
such times and in such amounts as the board of di-
rectors of the Enterprise Fund considers appro-
priate, to the investors of such capital. 
(c) LIMITATION
ON PAYMENTS
TO ENTERPRISE 
FUND PERSONNEL.—No funds of the Enterprise Fund 
shall inure to the benefit of any board member, officer, 
or employee of the Enterprise Fund, except as salary or 
reasonable compensation for services. 
(d) WINDING DOWN OF ENTERPRISE FUND; REPAY-
MENT OF FUNDS TO TREASURY.— 
(1) IN GENERAL.—At such time as the board of 
directors of the Enterprise Fund considers appro-
priate, but not later than December 31, 2025, the 
Enterprise Fund shall— 
(A) wind down its activities; and 
(B) repay to the Treasury the full amount 
of funds the Enterprise Fund received from the 
United States Government throughout the ex-
istence of the Enterprise Fund. 
VerDate Mar 15 2010 
06:55 May 26, 2010
Jkt 089200
PO 00000
Frm 00010
Fmt 6652
Sfmt 6201
E:\BILLS\H5394.IH
H5394
jbell on DSKDVH8Z91PROD with BILLS