Page:United States Statutes at Large Volume 94 Part 1.djvu/481

 PUBLIC LAW 96-259—JUNE 3, 1980 contribution shall be made subject to obtaining the necessary appropriations. "(b) In order to pay for the United States contribution provided for in this section, there is authorized to be appropriated, without fiscal year limitation, $125,000,000 for payment by the Secretary of the Treasury. "(c) For the purpose of keeping to a minimum the cost to the United States, the Secretary of the Treasury— "(1) shall pay the United States contribution to the African Development Fund authorized by this section by letter of credit in three annual instsdlments; and "(2) shall take the steps necessary to obtain a certification from the Fund that any undisbursed balances resulting from drawdowns on such letter of credit will not exceed at any time the United States share of expected disbursement requirements for the following three-month period.".

94 STAT. 431

Appropriation authorization. U.S. cost, minimization.

TITLE IV—EXPORT OPPORTUNITY ENHANCEMENT SEC. 401. The Secretary of the Treasury shall instruct the United 22 USC 262i. States Executive Directors of the Inter-American Development Bank, the Asian Development Bank, and the African Development Fund to take all possible steps to assure that information relative to potential procurement opportunities for United States firms is expeditiously communicated to the Secretary of the Treasury, the Secretary of State, and the Secretary of Commerce. Such information shall be disseminated as broadly as possible to both large and small business. TITLE V—HUMAN RIGHTS REPORTING SEC. 501. (a) Section 701 of the Act of October 3, 1977 (Public Law 22 USC 262d. 95-118; 22 U.S.C. 262g), is amended in subsection (c)— (1) by inserting "(1)" immediately after "(c)"; and (2) by adding at the end thereof the following new paragraph: "(2)(A) The Secretary of the Treasury shall report quarterly on all loans considered by the Boards of Executive Directors of the institutions listed in subsection (a) to the Committee on Banking, Finance and Urban Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate. Each such quarterly report shall include a list of all loans considered by the Boards of Executive Directors of such institutions and shall specify with respect to each such loan— "(i) the institution involved; "(ii) the date of final action; "(iii) the borrower; "(iv) the amount; "(v) the project or program; "(vi) the vote of the United States Government; "(vii) the reason for United States Government opposition, if any; "(viii) the final disposition of the loan; and "(ix) if the United States Government opposed the loan, whether the loan meets basic human needs. "(B) The information required to be reported under subparagraph (A) also shall be included in the annual report to the Congress of the National Advisory Council on International Monetary and Financi^ Policies.".

79-194

O—81—pt. 1

31: QL3

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