Page:United States Statutes at Large Volume 103 Part 3.djvu/448

This page needs to be proofread.

103 STAT. 2516 PUBLIC LAW 101-240—DEC. 19, 1989 . > financial institutions other than the International Monetary Fund "(4) MULTILATERAL DEVELOPMENT BANKS. — The term 'multilat- eral development banks' means the multilateral development institutions other than the Multilateral Investment Guarantee Agenqjr. "(d) TBSTIMONT REQUIRED. —Upon reauest of the Committee on Banking, Finance and Urban Affairs of the House of Representa- tives, the Chairman shall testify before the Committee to support and e3q>lain each annual report required by subsection (a), n the President has del^ated to a person or persons other than the Chairman the authority to manage United States participation in the international financial institutions which was vested in the President by section 1(b) of the Reorganization Plan No. 4 of 1965, such person or persons shall, upon request of the Committee, accom- pany the Chairman and testify before the Committee with regard to such report The Chairman and such other person or persons shall assess, in their testimony, the effectiveness of the mtemational finandal institutions, the miyor issues affecting United States participation, the msyor developments in the past year, the pros- pects for the coming year, Unit^ States policy goals with resp^ect to the international finandal institutions, and any specific issues addressed to them by any member of the Committee. Loans. '^SEC. 1702. TRANSMISSION TO THE CONGRESS OF OPERATING SUM- 22 USC 262r-l. MARIES OF THE MULTILATERAL DEVELOPMENT BANKS. "The Secretary of the Treasury shall transmit to the Congress, on a monthly basis, current copies of the Monthly Operating Summary of the International Bank for Reconstruction and Development, showing the loan proposals or appraisal reports under consideration and the status of those loan prraosals or appraisal reports within Records. the Bank. The Secretary of the "nreasuiy shall also transmit to the Congress, at siu^ times as may be appropriate, comparable docu- ments prepared by the other multilatexal development banks which show the loans or credits under consideration in the other multilat- eral development banks. 22 USC 262r-2. 'SEC 1703. COMBINED REPORT ON EFFECT OF PENDING MULTILATERAL DEVELOPMENT BANK LOANS ON ENVIRONMENT, NATURAL RESOURCES, PUBLIC HEALTH, AND INDIGENOUS PEOPLES. "Not later than April 1 and October 1 of each year, the Adminis- trator of the Agency for International Development, in consultation with the Secretary of the Treasury and the Secreta^ of State, shall 8id>mit to the Committee on Appropriations and the Committee on Banking, Finance and Urban Affairs of the House of Representa- tives, and the Committee on Appropriations and the Committee on Foreign Relations of the Senate, as a combined report, the reports required by section 1303(c) of this Act and by section 537(h)(2) of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1988 (sec. 1(e) of Public Law 100-202). •TITLE XVin—EXPORT ENHANCEMENT 22 USC 262s-l. "SEC 1802. PROCUREMENT OPPORTUNITIES FOR UNITED STATES FIRMS. "The Secretary of the Treasury shall instruct the United States Executive Directors of the multilateral development institutions to