Collapse to view only § 284n. Fifth replenishment; authorization of appropriations

§ 284. Acceptance of membership by United States in International Development Association

The President is hereby authorized to accept membership for the United States in the International Development Association (hereinafter referred to as the “Association”), provided for by the Articles of Agreement (hereinafter referred to as the “Articles”) of the Association deposited in the archives of the International Bank for Reconstruction and Development.

(Pub. L. 86–565, § 2, June 30, 1960, 74 Stat. 293.)
§ 284a. Governor, executive director, and alternates of Association

The Governor and Executive Director of the International Bank for Reconstruction and Development, and the alternate for each of them, appointed under section 286a of this title, shall serve as Governor, Executive Director and alternates, respectively, of the Association.

(Pub. L. 86–565, § 3, June 30, 1960, 74 Stat. 293.)
§ 284b. National Advisory Council on International Monetary and Financial Problems

The provisions of section 286b of this title, shall apply with respect to the Association to the same extent as with respect to the International Bank for Reconstruction and Development and the International Monetary Fund.

(Pub. L. 86–565, § 4, June 30, 1960, 74 Stat. 294; Pub. L. 101–240, title V, § 541(e)(4), Dec. 19, 1989, 103 Stat. 2518.)
§ 284c. Congressional authorization needed for certain actions

Unless Congress by law authorizes such action, neither the President nor any person or agency shall, on behalf of the United States, (a) subscribe to additional funds under article III, section 1, of the articles; (b) accept any amendment under article IX of the articles; or (c) make a loan or provide other financing to the Association.

(Pub. L. 86–565, § 5, June 30, 1960, 74 Stat. 294.)
§ 284d. Federal Reserve banks as depositories

Any Federal Reserve bank which is requested to do so by the Association shall act as its depository or as its fiscal agent, and the Board of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.

(Pub. L. 86–565, § 6, June 30, 1960, 74 Stat. 294.)
§ 284e. Payment of subscription to Association by United States
(a) Authorization of appropriations for subscription
(b) Increase in Association resources; contribution; authorization of appropriations
(c) Issuance of special notes
(d) Income covered into Treasury
(Pub. L. 86–565, § 7, June 30, 1960, 74 Stat. 294; Pub. L. 88–310, §§ 1, 2, May 26, 1964, 78 Stat. 200.)
§ 284f. Jurisdiction and venue of actions

For the purpose of any action which may be brought within the United States, its possessions, or the Commonwealth of Puerto Rico, by or against the Association in accordance with the articles, the Association shall be deemed to be an inhabitant of the Federal Judicial district in which its principal office in the United States is located, and any such action at law or in equity to which the Association shall be a party shall be deemed to arise under the laws of the United States, and the district courts of the United States shall have original jurisdiction of any such action. When the Association is a defendant in any such action, it may, at any time before the trial thereof, remove such action from a State court into the district court of the United States for the proper district by following the procedure for removal of causes otherwise provided by law.

(Pub. L. 86–565, § 8, June 30, 1960, 74 Stat. 294.)
§ 284g. Status, privileges, and immunities of the United States

The provisions of article VII, section 5(d), and article VIII sections 2 to 9, both inclusive, of the articles shall have full force and effect in the United States, its possessions, and the Commonwealth of Puerto Rico, upon acceptance of membership by the United States in, and the establishment of, the Association.

(Pub. L. 86–565, § 9, June 30, 1960, 74 Stat. 295.)
§ 284h. Second replenishment; authorization of appropriations

(Pub. L. 86–565, § 10, as added Pub. L. 91–14, May 23, 1969, 83 Stat. 10.)
§ 284i. Third replenishment; authorization of appropriations

The United States Governor is hereby authorized to agree on behalf of the United States to contribute to the Association three annual installments of $320,000,000 each as recommended in the “Report of the Executive Directors to the Board of Governors on Additions to IDA Resources: Third Replenishment,” dated July 21, 1970. There is hereby authorized to be appropriated, without fiscal year limitation, the amounts necessary for payment by the Secretary of the Treasury of three annual installments of $320,000,000 each for the United States share of the increase in the resources of the Association.

(Pub. L. 86–565, § 11, as added Pub. L. 92–247, § 1, Mar. 10, 1972, 86 Stat. 60.)
§ 284j. Expropriation of United States property; loan restrictions
The President shall instruct the United States Executive Directors of the International Bank for Reconstruction and Development and the International Development Association to vote against any loan or other utilization of the funds of the Bank and the Association for the benefit of any country which has—
(1) nationalized or expropriated or seized ownership or control of property owned by any United States citizen or by any corporation, partnership, or association not less than 50 per centum of which is beneficially owned by the United States citizens;
(2) taken steps to repudiate or nullify existing contracts or agreements with any United States citizen or any corporation, partnership, or association not less than 50 per centum of which is beneficially owned by United States citizens; or
(3) imposed or enforced discriminatory taxes or other exactions, or restrictive maintenance or operational conditions, or has taken other actions, which have the effect of nationalizing, expropriating, or otherwise seizing ownership or control of property so owned;
unless the President determines that (A) an arrangement for prompt, adequate, and effective compensation has been made, (B) the parties have submitted the dispute to arbitration under the rules of the Convention for the Settlement of Investment Disputes, or (C) good faith negotiations are in progress aimed at providing prompt, adequate, and effective compensation under the applicable principles of international law.
(Pub. L. 86–565, § 12, as added Pub. L. 92–247, § 1, Mar. 10, 1972, 86 Stat. 60.)
§ 284k. Illegal drug traffic; loan restrictions

The Secretary of the Treasury shall instruct the United States Executive Directors of the International Bank for Reconstruction and Development and the International Development Association to vote against any loan or other utilization of the funds of the Bank and the Association for the benefit of any country with respect to which the President has made a determination, and so notified the Secretary of the Treasury, that the government of such country has failed to take adequate steps to prevent narcotic drugs and other controlled substances (as defined by the Comprehensive Drug Abuse Prevention and Control Act of 1970 [21 U.S.C. 801 et seq.]) produced or processed, in whole or in part, in such country, or transported through such country, from being sold illegally within the jurisdiction of such country to United States Government personnel or their dependents, or from entering the United States unlawfully. Such instruction shall continue in effect until the President determines, and so notifies the Secretary of the Treasury, that the government of such country has taken adequate steps to prevent such sale or entry of narcotic drugs and other controlled substances.

(Pub. L. 86–565, § 13, as added Pub. L. 92–247, § 2, Mar. 10, 1972, 86 Stat. 61.)
§ 284l. Fourth replenishment; authorization of appropriations
(a) The United States Governor is hereby authorized to agree on behalf of the United States to pay to the Association four annual installments of $375,000,000 each as the United States contribution to the Fourth Replenishment of the Resources of the Association.
(b) In order to pay for the United States contribution, there is hereby authorized to be appropriated without fiscal year limitation four annual installments of $375,000,000 each for payment by the Secretary of the Treasury.
(Pub. L. 86–565, § 14, as added Pub. L. 93–373, § 1, Aug. 14, 1974, 88 Stat. 445.)
§ 284m. Repealed. Pub. L. 95–118, title VII, § 702, Oct. 3, 1977, 91 Stat. 1070
§ 284n. Fifth replenishment; authorization of appropriations
(a) The United States Governor is authorized to agree on behalf of the United States to pay to the Association $2,400,000,000 as the United States contribution to the fifth replenishment of the Resources of the Association: Provided, however, That any commitment to make such contributions 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 are authorized to be appropriated, without fiscal year limitation, $2,400,000,000 for payment by the Secretary of the Treasury.
(Pub. L. 86–565, § 16, as added Pub. L. 95–118, title IV, § 401, Oct. 3, 1977, 91 Stat. 1068.)
§ 284o. Sixth replenishment; authorization of appropriations
(a) The United States Governor is authorized to agree on behalf of the United States to pay to the Association $3,240,000,000 as the United States contribution to the sixth replenishment of the resources of the Association: Provided, however, That any commitment to make such contributions shall be made subject to obtaining the necessary appropriations.
(b) In order to pay for the United States contributions provided for in this section, there is authorized to be appropriated, without fiscal year limitation, $3,240,000,000 for payment by the Secretary of the Treasury: Provided, however, That not more than $850,000,000 of such sum may be made available for the fiscal year 1982 and not more than $945,000,000 of such sum may be made available for the fiscal year 1983.
(Pub. L. 86–565, § 17, as added Pub. L. 97–35, title XIII, § 1321, Aug. 13, 1981, 95 Stat. 740.)
§ 284p. Seventh replenishment; authorization of appropriations
(a) The United States Governor is hereby authorized to agree on behalf of the United States to pay to the Association $2,250,000,000 as the United States contribution to the seventh replenishment of the resources of the Association, except that any commitment to make such contributions shall be made subject to obtaining the necessary appropriations.
(b) In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $2,250,000,000 for payment by the Secretary of the Treasury.
(Pub. L. 86–565, § 18, as added Pub. L. 98–473, title I, § 101(1) [title I], Oct. 12, 1984, 98 Stat. 1884, 1885.)
§ 284q. Special Facility for Sub-Saharan Africa
(a) The Secretary of the Treasury shall pay to the Special Facility for Sub-Saharan Africa, administered by the Association, amounts appropriated pursuant to subsection (b).
(b) For purposes of the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $225,000,000.
(Pub. L. 86–565, § 19, as added Pub. L. 99–190, § 101(i) [title I, (a)], Dec. 19, 1985, 99 Stat. 1291, 1294.)
§ 284r. Eighth replenishment; authorization of appropriations
(a) The United States Governor is hereby authorized to agree on behalf of the United States to pay to the Association $2,875,000,000 to the eighth replenishment of the resources of the Association, except that any commitment to make such contributions shall be made subject to obtaining the necessary appropriations.
(b) In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $2,875,000,000 for payment by the Secretary of the Treasury.
(Pub. L. 86–565, § 20, as added Pub. L. 100–202, § 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329–131, 1329–134.)
§ 284s. Ninth replenishment
(a) In general
(b) Limitations on authorization of appropriations
(Pub. L. 86–565, § 21, as added Pub. L. 101–513, title V, § 562(a)(1), Nov. 5, 1990, 104 Stat. 2032.)
§ 284t. Thirteenth replenishment
(a) Contribution authority
(1) In general
(2) Subject to appropriations
(b) Limitations on authorization of appropriations
(Pub. L. 86–565, § 22, as added Pub. L. 108–199, div. D, title V, § 580, Jan. 23, 2004, 118 Stat. 202.)
§ 284u. Fourteenth replenishment
(a) The United States Governor of the International Development Association is authorized to contribute on behalf of the United States $2,850,000,000 to the fourteenth replenishment of the resources of the Association, subject to obtaining the necessary appropriations.
(b) In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $2,850,000,000 for payment by the Secretary of the Treasury.
(Pub. L. 86–565, § 23, as added Pub. L. 109–102, title V, § 599C(a), Nov. 14, 2005, 119 Stat. 2242.)
§ 284v. Fifteenth replenishment
(a) The United States Governor of the International Development Association is authorized to contribute on behalf of the United States $3,705,000,000 to the fifteenth replenishment of the resources of the Association, subject to obtaining the necessary appropriations.
(b) In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $3,705,000,000 for payment by the Secretary of the Treasury.
(Pub. L. 86–565, § 24, as added Pub. L. 111–32, title XI, § 1109(a), June 24, 2009, 123 Stat. 1901.)
§ 284w. Multilateral debt relief
(a) Authorization of contribution
(b) Appropriations
(c) Multilateral Debt Relief Initiative
(Pub. L. 86–565, § 25, as added Pub. L. 111–32, title XI, § 1109(a), June 24, 2009, 123 Stat. 1901.)
§ 284x. Sixteenth replenishment
(a) The United States Governor of the International Development Association is authorized to contribute on behalf of the United States $4,075,500,000 to the sixteenth replenishment of the resources of the Association, subject to obtaining the necessary appropriations.
(b) In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $4,075,500,000 for payment by the Secretary of the Treasury.
(Pub. L. 86–565, § 26, as added Pub. L. 112–74, div. I, title VII, § 7083(a), Dec. 23, 2011, 125 Stat. 1262.)
§ 284y. Multilateral debt relief
(a) Authorization of contribution
(b) Appropriations
(c) Multilateral Debt Relief Initiative
(Pub. L. 86–565, § 27, as added Pub. L. 112–74, div. I, title VII, § 7083(a), Dec. 23, 2011, 125 Stat. 1262.)
§ 284z. Seventeenth replenishment
(a) The United States Governor of the International Development Association is authorized to contribute on behalf of the United States $3,871,800,000 to the seventeenth replenishment of the resources of the Association, subject to obtaining the necessary appropriations.
(b) In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $3,871,800,000 for payment by the Secretary of the Treasury.
(Pub. L. 86–565, § 28, as added Pub. L. 113–235, div. J, title VII, § 7083(b), Dec. 16, 2014, 128 Stat. 2684.)
§ 284aa. Multilateral debt relief
(a) The Secretary of the Treasury is authorized to contribute, on behalf of the United States, not more than $565,020,000 to the International Development Association for the purpose of funding debt relief costs under the Multilateral Debt Relief Initiative incurred in the period governed by the seventeenth replenishment of resources of the International Development Association, subject to obtaining the necessary appropriations and without prejudice to any funding arrangements in existence on December 16, 2014.
(b) In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, not more than $565,020,000 for payment by the Secretary of the Treasury.
(c) In this section, the term “Multilateral Debt Relief Initiative” means the proposal set out in the G8 Finance Ministers’ Communique entitled “Conclusions on Development,” done at London, June 11, 2005, and reaffirmed by G8 Heads of State at the Gleneagles Summit on July 8, 2005.
(Pub. L. 86–565, § 29, as added Pub. L. 113–235, div. J, title VII, § 7083(b), Dec. 16, 2014, 128 Stat. 2684.)
§ 284bb. Eighteenth replenishment
(a) The United States Governor of the International Development Association is authorized to contribute on behalf of the United States $3,291,030,000 to the eighteenth replenishment of the resources of the Association, subject to obtaining the necessary appropriations.
(b) In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $3,291,030,000 for payment by the Secretary of the Treasury.
(Pub. L. 86–565, § 30, as added Pub. L. 115–141, div. K, title VII, § 7083(b), Mar. 23, 2018, 132 Stat. 966.)
§ 284cc. Nineteenth replenishment
(a) In general
(b) Authorization of appropriations
(Pub. L. 86–565, § 31, as added Pub. L. 116–136, div. B, title XI, § 21012(b)(1), Mar. 27, 2020, 134 Stat. 593.)
§ 284dd. Twentieth replenishment
(a) In general
(b) Authorization of appropriations
(Pub. L. 86–565, § 32, as added Pub. L. 117–328, div. K, title VII, § 7072(a), Dec. 29, 2022, 136 Stat. 5091.)