§ 262g-3. — International negotiations on future replenishments of international financial institutions; consultation with appropriate Members of Congress.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC262g-3]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
Sec. 262g-3. International negotiations on future replenishments
of international financial institutions; consultation with
appropriate Members of Congress
The Secretary of the Treasury or his designee shall consult with the
Chairman and the Ranking Minority Member of--
(1) the Committee on Banking, Finance and Urban Affairs of the
House of Representatives, the Committee on Appropriations of the
House of Representatives, and the appropriate subcommittee of each
such committee, and
(2) the Committee on Foreign Relations of the Senate, the
Committee on Appropriations of the Senate, and the appropriate
subcommittee of each such committee,
for the purpose of discussing the position of the executive branch and
the views of the Congress with respect to any international negotiations
being held to consider future replenishments or capital expansions of
any multilateral development bank which may involve an increased
contribution or subscription by the United States. Such consultation
shall be made (A) not later than 30 days before the initiation of such
international negotiations, (B) during the period in which such
negotiations are being held, in a frequent and timely manner, and (C)
before a session of such negotiations is held at which the United States
representatives may agree to such a replenishment or capital expansion.
(Pub. L. 95-118, title XII, Sec. 1201, as added Pub. L. 97-35, title
XIII, Sec. 1361(b), Aug. 13, 1981, 95 Stat. 746.)
Change of Name
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of Pub.
L. 104-14, set out as a note preceding section 21 of Title 2, The
Congress. Committee on Banking and Financial Services of House of
Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally transferred
from Committee on Energy and Commerce of House of Representatives by
House Resolution No. 5, One Hundred Seventh Congress, Jan. 3, 2001.
Effective Date
Section effective Aug. 13, 1981, see section 1372 of Pub. L. 97-35,
set out as a note under section 290i of this title.
