Page:United States Statutes at Large Volume 102 Part 2.djvu/332

 102 STAT. 1336

PUBLIC LAW 100-418—AUG. 23, 1988

guaranteed loans are reasonable. The agency shall require that there be a reasonable assurance of repayment before credit assistance is extended. "(H) Commitments to guarantee loans may be made by the agency only to the extent that the total loan principal, any part of which is guaranteed, will not exceed the amount specified in annual appropriations Acts. "(3) To the extent that fees are not sufficient as specified under paragraph (2)(E) to cover expected future liabilities, appropriations are authorized to maintain an appropriate reserve. "(4) The losses guaranteed under this subsection may be in dollars or in other currencies. In the case of \oax\s in currencies other than dollars, the guarantees issued shall be subject to an overall payment limitation expressed in dollars. "(5) The agency shall segregate in the revolving fund account and hold as a reserve an amount estimated to be sufficient to cover the agency's expected net liabilities on the loan guarantees outstanding under this subsection; except that the amount held in reserve shall not be less than 25 percent of the principal amount of the agency's outstanding contingent liabilities on such guarantees. Any payments made to discharge liabilities arising from the loan guarantees shall be paid first out of the assets in the revolving fund account and next out of other funds made available for this purpose.". American Aid to PART II—ASSISTANCE TO POLAND Poland Act of 1988. SEC. 2221. SHORT TITLE. 7 USC 1421 note.

This part may be cited as the "American Aid to Poland Act of 1988". SEC. 2222. FUNDING FOR SCIENCE AND TECHNOLOGY AGREEMENT.

(a) FUNDING.—For purposes of implementing the 1987 United States-Polish science and technology agreement, there are authorized to be appropriated to the Secretary of State for fiscal year 1988, $1,000,000. 0)) AVAILABILITY OF FUNDS.—Amounts appropriated under subsection (a) are authorized to remain available until expended. (c) DEFINITION.—For purposes of this section, the term "1987 United States-Polish science and technology agreement" refers to the draft agreement concluded in 1987 by the United States and Poland, entitled "Agreement Between the Government of the United States of America and the Polish People's Republic on Cooperation in Science and Technology and Its Funding", together with annexes relating thereto. 7 USC 1431 note. SEC. 2223. DONATION OF SURPLUS AGRICULTURAL COMMODITIES. (a) AUTHORITY TO DONATE.—Notwithstanding any other provision

of law, the Secretary of Agriculture shall donate, under the applicable provisions of section 4160)) of the Agricultural Act of 1949, for each of the fiscal years 1988 through 1992, 8,000 metric tons of uncommitted stocks of eligible commodities of the Commodity Credit Corporation under an agreement with the Government of Poland that the Government of Poland will sell such commodities and that all the proceeds from such sales will be used by nongovernmental agencies for eligible activities in Poland described in section 416(b)(7)(D)(ii) of that Act (as amended by section 2225 of this Act) that have been approved, upon application, by the joint commission

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