Title 22 — Foreign Relations and Intercourse
Chapter 38 — Department of State
§ 2656h. International credit reports
Statutory text
Report on loan criteria
Not later than 90 days after , the Assistant Secretary of State for Economic and Business Affairs, in consultation with the Secretary of the Treasury, shall submit to the Chairman of the Foreign Relations Committee of the Senate and the Speaker of the House of Representatives a report setting forth clear criteria for bilateral loans by which the United States can determine the likelihood of repayment by a country seeking to receive United States loans. The report should include the criteria used for—
assessing country risk;
projecting loan repayments; and
estimating subsidy levels.
Reports on loans
Beginning 180 days after the submission of the report in subsection (a) and annually thereafter, the Secretary of State, in consultation with the Secretary of the Treasury, shall submit a report to the Chairman of the Foreign Relations Committee of the Senate and the Speaker of the House of Representatives showing actual repayments by country and by program to the United States Government for the previous 5 years and the scheduled repayments to the United States Government for the next 5 years.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Foreign Relations Authorization Act, Fiscal Years 1992 and 1993
Pub. L. 102–138 title I § 197 · 105 Stat. 647
Enacted · 22 U.S.C. § 2656h
(Pub. L. 102–138, title I, § 197, Oct. 28, 1991, 105 Stat. 684.)
Source evidence
Code source credit
(Pub. L. 102–138, title I, § 197, Oct. 28, 1991, 105 Stat. 684.)Enacted provision · exact public law section
SEC. 197. INTERNATIONAL CREDIT REPORTS. (a) Report on Loan Criteria.— Not later than 90 days after the date of enactment of this Act, the Assistant Secretary of State for Economic and Business Affairs, in consultation with the Secretary of the Treasury, shall submit to the Chairman of the Foreign Relations Committee of the Senate and the Speaker of the House of Representatives a report setting forth clear criteria for bilateral loans by which the United States can determine the likelihood of repayment by a country seeking to receive United States loans. The report should include the criteria used for— (1) assessing country risk; (2) projecting loan repayments; and (3) estimating subsidy levels. (b) Reports on Loans.— Beginning 180 days after the submission of the report in subsection (a) and annually thereafter, the Secretary of State, in consultation with the Secretary of the Treasury, shall submit a report to the Chairman of the Foreign Relations Committee of the Senate and the Speaker of the House of Representatives showing actual repayments by country and by program to the United States Government for the previous 5 years and the scheduled repayments to the United States Government for the next 5 years.
1 of 1 references resolved to an enrolled provision
Statutory Notes and Related Subsidiaries
Authority of Secretary of State
Except as otherwise provided, Secretary of State to have and exercise any authority vested by law in any official or office of Department of State and references to such officials or offices deemed to refer to Secretary of State or Department of State, as appropriate, see section 2651a of this title and section 161(d) of Pub. L. 103–236, set out as a note under section 2651a of this title.