Title 42 — The Public Health and Welfare
Part A · Chapter 152 — Energy Independence and Security
§ 17334. Actions by United States International Development Finance Corporation
Statutory text
Sense of Congress
It is the sense of Congress that the United States International Development Finance Corporation should promote greater investment in clean and efficient energy technologies by—
proactively reaching out to United States companies that are interested in investing in clean and efficient energy technologies in countries that are significant contributors to global greenhouse gas emissions;
giving preferential treatment to the evaluation and awarding of projects that involve the investment or utilization of clean and efficient energy technologies; and
providing greater flexibility in supporting projects that involve the investment or utilization of clean and efficient energy technologies, including financing, insurance, and other assistance.
Report
The United States International Development Finance Corporation shall include in its annual report required under section 9653 of title 22—
a description of the activities carried out to implement this section; or
if the Corporation did not carry out any activities to implement this section, an explanation of the reasons therefor.
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.
Energy Independence and Security Act of 2007
Pub. L. 110–140 title IX § 914 · 121 Stat. 1492
Enacted · 42 U.S.C. § 17334
Pub. L. 110–140, title IX, § 914, Dec. 19, 2007, 121 Stat. 1727
Source evidence
Code source credit
Pub. L. 110–140, title IX, § 914, Dec. 19, 2007, 121 Stat. 1727Enacted provision · exact public law section
SEC. 914. ACTIONS BY OVERSEAS PRIVATE INVESTMENT CORPORATION. (a) Sense of Congress.— It is the sense of Congress that the Overseas Private Investment Corporation should promote greater investment in clean and efficient energy technologies by— (1) proactively reaching out to United States companies that are interested in investing in clean and efficient energy technologies in countries that are significant contributors to global greenhouse gas emissions; (2) giving preferential treatment to the evaluation and awarding of projects that involve the investment or utilization of clean and efficient energy technologies; and (3) providing greater flexibility in supporting projects that involve the investment or utilization of clean and efficient energy technologies, including financing, insurance, and other assistance. (b) Report.— The Overseas Private Investment Corporation shall include in its annual report required under section 240A of the Foreign Assistance Act of 1961 (22 U.S.C. 2200a)— (1) a description of the activities carried out to implement this section; or (2) if the Corporation did not carry out any activities to implement this section, an explanation of the reasons therefor.Better Utilization of Investments Leading to Development Act of 2018
Pub. L. 115–254 § 1470(v)(1)(A) · 132 Stat. 3187
Substituted · 42 U.S.C. § 17334
Pub. L. 115–254, § 1470(v)(1)(A), substituted “United States International Development Finance Corporation” for “Overseas Private Investment Corporation” in section catchline
Source evidence
Code amendment note
Pub. L. 115–254, § 1470(v)(1)(A), substituted “United States International Development Finance Corporation” for “Overseas Private Investment Corporation” in section catchline.Enacted provision · exact public law section
(A) in the section heading, by striking “overseas private investment corporation” and inserting “united states international development finance corporation”;Effective date note
Amendment by Pub. L. 115–254 effective at the end of the transition period, as defined in section 9681 of Title 22, Foreign Relations and Intercourse, see section 1470(w) of Pub. L. 115–254, set out as a note under section 905 of Title 2, The Congress.Better Utilization of Investments Leading to Development Act of 2018
Pub. L. 115–254 § 1470(v)(1)(B) · 132 Stat. 3187
Substituted · 42 U.S.C. § 17334(a)
Pub. L. 115–254, § 1470(v)(1)(B), substituted “United States International Development Finance Corporation” for “Overseas Private Investment Corporation” in introductory provisions
Source evidence
Code amendment note
Subsec. (a). Pub. L. 115–254, § 1470(v)(1)(B), substituted “United States International Development Finance Corporation” for “Overseas Private Investment Corporation” in introductory provisions.Enacted provision · exact public law section
(B) in subsection (a), in the matter preceding paragraph (1), by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”; andEffective date note
Amendment by Pub. L. 115–254 effective at the end of the transition period, as defined in section 9681 of Title 22, Foreign Relations and Intercourse, see section 1470(w) of Pub. L. 115–254, set out as a note under section 905 of Title 2, The Congress.Better Utilization of Investments Leading to Development Act of 2018
Pub. L. 115–254 § 1470(v)(1)(C) · 132 Stat. 3187
Substituted · 42 U.S.C. § 17334(b)
Pub. L. 115–254, § 1470(v)(1)(C), substituted “United States International Development Finance Corporation shall include in its annual report required under section 9653 of title 22” for “Overseas Private Investment Corporation shall include in its annual report required under section 2200a of title 22” in introductory provisions
Source evidence
Code amendment note
Subsec. (b). Pub. L. 115–254, § 1470(v)(1)(C), substituted “United States International Development Finance Corporation shall include in its annual report required under section 9653 of title 22” for “Overseas Private Investment Corporation shall include in its annual report required under section 2200a of title 22” in introductory provisions.Enacted provision · exact public law section
(C) in subsection (b), in the matter preceding paragraph (1), by striking “Overseas Private Investment Corporation shall include in its annual report required under section 240A of the Foreign Assistance Act of 1961 (22 U.S.C. 2200a)” and inserting “United States International Development Finance Corporation shall include in its annual report required under section 1443 of the Better Utilization of Investments Leading to Development Act of 2018”; andEffective date note
Amendment by Pub. L. 115–254 effective at the end of the transition period, as defined in section 9681 of Title 22, Foreign Relations and Intercourse, see section 1470(w) of Pub. L. 115–254, set out as a note under section 905 of Title 2, The Congress.
4 of 4 references resolved to an enrolled provision
Editorial Notes
Amendments
2018—Pub. L. 115–254, § 1470(v)(1)(A), substituted “United States International Development Finance Corporation” for “Overseas Private Investment Corporation” in section catchline.
Subsec. (a). Pub. L. 115–254, § 1470(v)(1)(B), substituted “United States International Development Finance Corporation” for “Overseas Private Investment Corporation” in introductory provisions.
Subsec. (b). Pub. L. 115–254, § 1470(v)(1)(C), substituted “United States International Development Finance Corporation shall include in its annual report required under section 9653 of title 22” for “Overseas Private Investment Corporation shall include in its annual report required under section 2200a of title 22” in introductory provisions.
Statutory Notes and Related Subsidiaries
Effective Date of 2018 Amendment
Amendment by Pub. L. 115–254 effective at the end of the transition period, as defined in section 9681 of Title 22, Foreign Relations and Intercourse, see section 1470(w) of Pub. L. 115–254, set out as a note under section 905 of Title 2, The Congress.
Effective Date
Section effective on the date that is 1 day after , see section 1601 of Pub. L. 110–140, set out as a note under section 1824 of Title 2, The Congress.
Credits
2007–2018 · 2 acts
- 2007Pub. L. 110–140, title IX, § 914, , 121 Stat. 1727
- 2018Pub. L. 115–254, div. F, title VI, § 1470(v)(1), , 132 Stat. 3519.
Show as published
(Pub. L. 110–140, title IX, § 914, , 121 Stat. 1727; Pub. L. 115–254, div. F, title VI, § 1470(v)(1), , 132 Stat. 3519.)