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§ 1754. —  Foreign currencies.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 22USC1754]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
                   CHAPTER 24--MUTUAL SECURITY PROGRAM
 
           SUBCHAPTER I--GENERAL AND ADMINISTRATIVE PROVISIONS
 
Sec. 1754. Foreign currencies


(a) Availability and use

    Notwithstanding section 1306 of title 31, or any other provision of 
law, proceeds of sales made under section 1675p \1\ of this title, shall 
remain available and shall be used for any of the purposes of this 
chapter, giving particular regard to the following purposes--
---------------------------------------------------------------------------
    \1\ See References in Text note below.
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        (1) for providing military assistance to nations or mutual 
    defense organizations eligible to receive assistance under this 
    chapter;
        (2) for purchase of goods or services in friendly nations;
        (3) for loans, under applicable provisions of this chapter, to 
    increase production of goods or services, including strategic 
    materials, needed in any nation with which an agreement was 
    negotiated, or in other friendly nations, with the authority to use 
    currencies received in repayment for the purposes stated in the 
    section or for deposit to the general account of the Treasury of the 
    United States;
        (4) for developing new markets on a mutually beneficial basis;
        (5) for grants-in-aid to increase production for domestic needs 
    in friendly countries; and
        (6) for purchasing materials for United States stockpiles.

(b) Availability to Members and employees of Congress; authorization 
        requirements; reports

    (1)(A) Notwithstanding section 1306 of title 31, or any other 
provision of law--
        (i) local currencies owned by the United States which are in 
    excess of the amounts reserved under section 2362(a) of this title 
    and of the requirements of the United States Government in payment 
    of its obligations outside of the United States, as such 
    requirements may be determined from time to time by the President; 
    and
        (ii) any other local currencies owned by the United States in 
    amounts not to exceed the equivalent of $75 per day per person or 
    the maximum per diem allowance established under the authority of 
    subchapter I of chapter 57 of title 5 for employees of the United 
    States Government while traveling in a foreign country, whichever is 
    greater, exclusive of the actual cost of transportation;

shall be made available to Members and employees of the Congress for 
their local currency expenses when authorized as provided in 
subparagraph (B).
    (B) The authorization required for purposes of subparagraph (A) may 
be provided--
        (i) by the Speaker of the House of Representatives in the case 
    of a Member or employee of the House;
        (ii) by the chairman of a standing or select committee of the 
    House of Representatives in the case of a member or employee of that 
    committee;
        (iii) by the President of the Senate, the President pro tempore 
    of the Senate, the Majority Leader of the Senate, or the Minority 
    Leader of the Senate, in the case of a Member or employee of the 
    Senate;
        (iv) by the chairman of a standing, select, or special committee 
    of the Senate in the case of a member or employee of that committee 
    or of an employee of a member of that committee; and
        (v) by the chairman of a joint committee of the Congress in the 
    case of a member or employee of that committee.

    (C) Whenever local currencies owned by the United States are not 
otherwise available for purposes of this subsection, the Secretary of 
the Treasury shall purchase such local currencies as may be necessary 
for such purposes, using any funds in the Treasury not otherwise 
appropriated.
    (2) On a quarterly basis, the chairman of each committee of the 
House of Representatives or the Senate and of each joint committee of 
the Congress (A) shall prepare a consolidated report (i) which itemizes 
the amounts and dollar equivalent values of each foreign currency 
expended and the amounts of dollar expenditures from appropriated funds 
in connection with travel outside the United States, stating the 
purposes of the expenditures including per diem (lodging and meals), 
transportation, and other purposes, and (ii) which shows the total 
itemized expenditures, by such committee and by each member or employee 
of such committee (including in the case of a committee of the Senate, 
each employee of a member of the committee who received an authorization 
under paragraph (1) from the chairman of the committee); and (B) shall 
forward such consolidated report to the Clerk of the House of 
Representatives (if the committee is a committee of the House of 
Representatives or a joint committee whose funds are disbursed by the 
Chief Administrative Officer of the House) or to the Secretary of the 
Senate (if the committee is a committee of the Senate or a joint 
committee whose funds are disbursed by the Secretary of the Senate). 
Each such consolidated report shall be open to public inspection and 
shall be published in the Congressional Record within ten legislative 
days after the report is forwarded pursuant to this paragraph. In the 
case of the Select Committee on Intelligence of the Senate and the 
Permanent Select Committee on Intelligence of the House of 
Representatives, such consolidated report may, in the discretion of the 
chairman of the committee, omit such information as would identify the 
foreign countries in which members and employees of that committee 
traveled.
    (3)(A) Each Member or employee who receives an authorization under 
paragraph (1) from the Speaker of the House of Representatives, the 
President of the Senate, the President pro tempore of the Senate, the 
Majority Leader of the Senate, or the Minority Leader of the Senate, 
shall within thirty days after the completion of the travel involved, 
submit a report setting forth the information specified in paragraph 
(2), to the extent applicable, to the Clerk of the House of 
Representatives (in the case of a Member of the House or an employee 
whose salary is disbursed by the Chief Administrative Officer of the 
House) or the Secretary of the Senate (in the case of a Member of the 
Senate or an employee whose salary is disbursed by the Secretary of the 
Senate). In the case of an authorization for a group of Members or 
employees, such reports shall be submitted for all Members of the group 
by its chairman, or if there is no designated chairman, by the ranking 
Member or if the group does not include a Member, by the senior employee 
in the group. Each report submitted pursuant to this subparagraph shall 
be open to public inspection.
    (B) On a quarterly basis, the Clerk of the House of Representatives 
and the Secretary of the Senate shall each prepare a consolidation of 
the reports received by them under this paragraph with respect to 
expenditures during the preceding quarter by each Member and employee or 
by each group in the case of expenditures made on behalf of a group 
which are not allocable to individual members of the group. Each such 
consolidation shall be open to public inspection and shall be published 
in the Congressional Record within ten legislative days after its 
completion.

(Aug. 26, 1954, ch. 937, ch. IV, Sec. 502, 68 Stat. 849; Sept. 3, 1954, 
ch. 1262, Sec. 104, 68 Stat. 1223; July 8, 1955, ch. 301, Sec. 9(a), 69 
Stat. 288; July 18, 1956, ch. 627, Sec. 9(b), 70 Stat. 560; Pub. L. 85-
477, ch. IV, Sec. 401(a), June 30, 1958, 72 Stat. 268; Pub. L. 85-766, 
ch. X, Sec. 1001, Aug. 27, 1958, 72 Stat. 880; Pub. L. 86-472, ch. IV, 
Sec. 401(a), May 14, 1960, 74 Stat. 138; Pub. L. 86-628, title I, 
Sec. 105(a), July 12, 1960, 74 Stat. 460; Pub. L. 87-195, pt. III, 
Sec. 642(a)(2), Sept. 4, 1961, 75 Stat. 460; Pub. L. 88-633, pt. IV, 
Sec. 402, Oct. 7, 1964, 78 Stat. 1015; Pub. L. 93-126, Sec. 5, Oct. 18, 
1973, 87 Stat. 452; Pub. L. 93-371, Sec. 107, Aug. 13, 1974, 88 Stat. 
444; Pub. L. 94-59, title XI, Sec. 1105, July 25, 1975, 89 Stat. 299; 
Pub. L. 94-157, title I, ch. IV, Dec. 18, 1975, 89 Stat. 837; Pub. L. 
94-350, title IV, Sec. 402, July 12, 1976, 90 Stat. 833; Pub. L. 94-440, 
title I, Sec. 109, Oct. 1, 1976, 90 Stat. 1445; Pub. L. 95-384, 
Sec. 22(a), Sept. 26, 1978, 92 Stat. 742; Pub. L. 104-186, title II, 
Sec. 218(2), Aug. 20, 1996, 110 Stat. 1747.)

                       References in Text

    Section 1675p of this title, referred to in subsec. (a), was 
repealed by section 542(a)(9) of act Aug. 26, 1954, and is covered by 
section 1922 of this title.

                          Codification

    In subsecs. (a) and (b)(1)(A), ``section 1306 of title 31'' 
substituted for ``section 1415 of the Supplemental Appropriation Act, 
1953 [31 U.S.C. 724]'' on authority of Pub. L. 97-258, Sec. 4(b), Sept. 
13, 1982, 96 Stat. 1067, the first section of which enacted Title 31, 
Money and Finance.


                               Amendments

    1996--Subsec. (b)(2), (3)(A). Pub. L. 104-186 substituted ``by the 
Chief Administrative Officer'' for ``by the Clerk''.
    1978--Subsec. (b). Pub. L. 95-384, among other changes, inserted 
provisions requiring authorization by certain individuals of local 
currency expenses of members of employees of Congress and requiring each 
member or employee who has received an authorization for his local 
currency expenses to submit a report within 30 days setting forth 
certain specified information.
    1976--Subsec. (b). Pub. L. 94-440 inserted ``and the Select 
Committee on Intelligence of the Senate'' after ``Joint Committee on 
Congressional Operations'' and inserted provision authorizing chairman 
of the Select Committee on Intelligence of the Senate to omit 
information from the consolidated report that would identify the foreign 
countries in which members and employees of such committee traveled.
    Pub. L. 94-350 required publication of each consolidated report in 
the Congressional Record within ten legislative days after being 
forwarded pursuant to subsec. (b).
    1975--Subsec. (b). Pub. L. 94-157 made local currencies available to 
Joint Committee on Congressional Operations.
    Pub. L. 94-59 struck out provisions requiring each member or 
employee to make, to the chairman of the committee in accordance with 
regulations prescribed by the committee, an itemized report showing the 
amounts and dollar equivalent values of each foreign currency expended 
and the amounts of dollar expenditures made from appropriated funds in 
connection with travel outside the United States, together with the 
purposes of the expenditure, including lodging, meals, transportation, 
and other purposes, and, in the provision requiring a consolidated 
report by the chairman of each committee within the first sixty-days 
that Congress is in session in each calendar year, inserted requirement 
that such report itemize those items, struck out references to 
subcommittees, substituted ``Committee on House Administration'' for 
``Clerk'', and inserted provision for public inspection.
    1974--Subsec. (b). Pub. L. 93-371 inserted provisions requiring each 
member or employee of any committee to make to the chairman, in 
accordance with prescribed regulations, an itemized report showing the 
amounts of foreign currency expended and dollar expenditure made from 
appropriated funds in connection with travel outside the United States, 
and substituted provisions relating to the preparation and submission of 
a consolidated report by the chairman, within the first sixty days that 
Congress is in session in each calendar year, showing total itemized 
expenditures during the preceding calendar year of the committee, for 
provisions relating to the submission by the Department of State to the 
chairman of each committee, within the first ninety calendar days that 
Congress is in session in each calendar year, showing amounts and 
equivalent dollar values of foreign currency expended during the 
preceding calendar year for travel outside the United States.
    1973--Subsec. (b). Pub. L. 93-126 substituted ``$75'' for ``$50'' 
and ``shall be made available to Members and employees of appropriate 
committees'' for ``shall be made available to appropriate committees'' 
and substituted a reporting procedure under which the Department of 
State, within the first 90 calendar days that Congress is in session in 
each calendar year, submits a report covering the amounts and dollar 
equivalent values of each foreign currency expended by each Member and 
employee with respect to travel outside the United States, with such 
report to be available for public inspection, for a reporting procedure 
under which both the amounts and dollar equivalent values of each 
foreign currency expended and the amount of dollar expenditures made 
from appropriated funds with respect to travel outside the United States 
were reported within the first 60 days that Congress was in session in 
each calendar year, with each such report published in the Congressional 
Record.
    1964--Subsec. (b). Pub. L. 88-633 inserted ``which are in excess of 
the amounts reserved under section 2362(a) of this title and of the 
requirements of the United States Government in payment of its 
obligations outside the United States, as such requirements may be 
determined from time to time by the President (and any other local 
currencies owned by the United States in amounts not to exceed the 
equivalent of $50 per day per person exclusive of the actual cost of 
transportation)''.
    1961--Subsec. (c). Pub. L. 87-195 repealed subsec. (c) which related 
to the preservation of cultural monuments of the Upper Nile.
    1960--Subsec. (b). Pub. L. 86-628 required inclusion in the reports 
of expenditures of each member and employee of the committees and 
subcommittees.
    Pub. L. 86-472, Sec. 401(a)(1), required members and employees of 
committees to report the amounts of dollar expenditures made from 
appropriated funds in connection with travel outside the United States, 
and provided that the consolidated report shall show the total itemized 
expenditures incurred as a result of official activities of members and 
employees of committees or subcommittees.
    Subsec. (c). Pub. L. 86-472, Sec. 401(a)(2), added subsec. (c).
    1958--Subsec. (b). Pub. L. 85-766 required reports to the Select 
Committee on Astronautics and Space Exploration of the House of 
Representatives and the Special Committee on Space and Astronautics of 
the Senate.
    Pub. L. 85-477 required each member or employee of the committees to 
make an itemized report to the chairman of his committee, provided that 
the chairman shall consolidate the reports and forward the consolidated 
report to the appropriate Congressional committee within the first 60 
days that Congress is in session in each year, and required publication 
of each report in the Congressional Record.
    1956--Subsec. (b). Act July 18, 1956, substituted ``Joint Economic 
Committee and the Select Committees on Small Business of the Senate and 
House of Representatives'' for ``Joint Committee on the Economic 
Report''.
    1955--Subsec. (b). Act July 8, 1955, authorized the use of local 
currencies by the Joint Committee on Atomic Energy and the Joint 
Committee on the Economic Report.
    1954--Subsec. (b). Act Sept. 3, 1954, substituted ``Committee on 
Appropriations of the Senate'' for ``Committee on Rules and 
Administration of the Senate''.


                    Effective Date of 1978 Amendment

    Section 22(b) of Pub. L. 95-384 provided that: ``Notwithstanding 
section 30 of this Act [set out as a note below], the amendment made by 
subsection (a) of this section [amending this section] shall take effect 
on the date of enactment of this Act [Sept. 26, 1978].''


                      Short Title of 1960 Amendment

    Pub. L. 86-735, Sept. 8, 1960, 74 Stat. 869, as amended, which 
enacted sections 1942 to 1945 of this title and amended section 1753a of 
this title, is known as the ``Latin American Development Act''. For 
complete classification of this Act to the Code, see Short Title note 
set out under section 1942 of this title and Tables.


                               Short Title

    Section 1 of act Aug. 26, 1954, ch. 937, 68 Stat. 832, as amended by 
act June 30, 1958, Pub. L. 85-477, Sec. 2, 72 Stat. 261, provided in 
part: ``That this act [enacting this chapter, section 281b-2 of this 
title, and section 151c of former Title 5, Executive Departments and 
Government Officers and Employees, amending sections 279a, 281b, 290b, 
1148, 1442, and 2658 of this title, section 1704 of Title 7, 
Agriculture, section 1441 of Title 26, Internal Revenue Code, and 
section 1641 of Title 50, App., War and National Defense, and enacting 
provisions set out as notes under section 1751 of this title] may be 
cited as the `Mutual Security Act of 1954'.''

                          Transfer of Functions

    Certain functions of Clerk of House of Representatives transferred 
to Director of Non-legislative and Financial Services by section 7 of 
House Resolution No. 423, One Hundred Second Congress, Apr. 9, 1992. 
Director of Non-legislative and Financial Services replaced by Chief 
Administrative Officer of House of Representatives by House Resolution 
No. 6, One Hundred Fourth Congress, Jan. 4, 1995.

                         Delegation of Functions

    For delegation of functions of President under this section, see Ex. 
Ord. No. 12163, Sept. 29, 1979, 44 F.R. 56673, as amended, set out as a 
note under section 2381 of this title.
    Functions of President under this section delegated to Secretary of 
the Treasury pursuant to section 1-501(a)(3) of Ex. Ord. No. 12163, 
Sept. 29, 1979, 44 F.R. 56675, eff. Oct. 1, 1979, set out as a note 
under section 2381 of this title.


      International Security Assistance Act of 1978 Not To Affect 
Authorizations of Appropriations and Limitations of Authority Applicable 
                           to Fiscal Year 1978

    Section 30 of Pub. L. 95-384 provided that: ``Enactment of this Act 
[see Short Title of 1978 Amendment note set out under section 2151 of 
this title] shall not affect the authorizations of appropriations and 
limitations of authority applicable to the fiscal year 1978 which are 
contained in provisions of law amended by this Act (other than sections 
31(a), (b), and (d) of the Arms Export Control Act [section 2771(a), 
(b), and (d) of this title]).''

                  Section Referred to in Other Sections

    This section is referred to in section 3007 of this title.



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