Page:United States Statutes at Large Volume 98 Part 2.djvu/729

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PUBLIC LAW 98-000—MMMM. DD, 1984

PUBLIC LAW 98-473—OCT. 12, 1984

98 STAT. 1889

Central America Development Assistance: Of the funds appropriated to carry out the provisions of sections 103 through 106, not more than $225,000,000 shall be available for Central America except as provided through the regular notification process of the Committees on Appropriations. Private and Voluntary Organizations: None of the funds appropriated or otherwise made available in this Act for development assistance may be made available after January 1, 1986, to any United States private and voluntary organization, except any cooperative development organization, which obtains less than 25 per centum of its total annual funding for international activities from sources other than the United States Government, notwithstanding section 123(g) of the Foreign Assistance Act of 1961. Science and technology. Development Assistance: For necessary expenses to carry out the provisions of section 106, $10,000,000: Provided, That the amounts provided for loans to carry out the purposes of this paragraph shall remain available for obligation until September 30, 1986. Private sector revolving fund: For necessary expenses to carry out the provisions of section 108 of the Foreign Assistance Act of 1961, as amended, not to exceed $20,000,000 to be derived by transfer from funds appropriated to carry out the provisions of chapter 1 of part I of such Act, to remain available until expended. During 1985, obligations for assistance from amounts in the revolving fund account under section 108 shall not exceed $20,000,000. Loan allocation. Development Assistance: In order to carry out the provisions of part I, the Administrator of the Agency responsible for administering such part may furnish loan assistance pursuant to existing law and on such terms and conditions as he may determine: Provided, That to the maximum extent practicable, loans to private sector institutions, from funds made available to carry out the provisions of sections 103 through 106, shall be provided at or near the prevailing interest rate paid on Treasury obligations of similar maturity at the time of obligating such funds: Provided further, That loans made to countries whose annual per capita gross national product is greater than $805 but less than $1,301 shall be repayable within twenty-five years following the date on which funds are initially made available under such loans and loans to countries whose annual per capita gross national product is greater than or equal to $1,301 shall be repayable within twenty years following the date on which funds are initially made available under such loans. American schools and hospitals abroad: For necessary expenses to carry out the provisions of section 214, $30,000,000: Provided, That the Secretary of State shall conduct a study addressing what means would be most appropriate to continue financial assistance to the American University of Beirut and the American University of Cairo in future years in view of the value of the Universities to the interests of the United States in the Middle East, including the possibility of establishing a trust fund: Provided further. That the results of this study shall be provided to the chairman of the Committee on Appropriations and the Committee on Foreign Affairs of the House of Representatives and the chairmen of the Committee on Appropriations and the Committee on Foreign Relations of the Senate no later than January 1, 1985: Provided further. That the Secretary is directed to consult with the Committees on Appropriations during the development of this study.

22 USC 2151a2151d. 22 USC 2151u note.

22 USC 2151U. 22 USC 2151d.

22 USC 2151f. 22 USC 2151.

22 USC 2151.

22 USC 2174.