§ 2656h. — International credit reports.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC2656h]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 38--DEPARTMENT OF STATE
Sec. 2656h. International credit reports
(a) Report on loan criteria
Not later than 90 days after October 28, 1991, the Assistant
Secretary of State for Economic and Business Affairs, in consultation
with the Secretary of the Treasury, shall submit to the Chairman of the
Foreign Relations Committee of the Senate and the Speaker of the House
of Representatives a report setting forth clear criteria for bilateral
loans by which the United States can determine the likelihood of
repayment by a country seeking to receive United States loans. The
report should include the criteria used for--
(1) assessing country risk;
(2) projecting loan repayments; and
(3) estimating subsidy levels.
(b) Reports on loans
Beginning 180 days after the submission of the report in subsection
(a) of this section and annually thereafter, the Secretary of State, in
consultation with the Secretary of the Treasury, shall submit a report
to the Chairman of the Foreign Relations Committee of the Senate and the
Speaker of the House of Representatives showing actual repayments by
country and by program to the United States Government for the previous
5 years and the scheduled repayments to the United States Government for
the next 5 years.
(Pub. L. 102-138, title I, Sec. 197, Oct. 28, 1991, 105 Stat. 684.)
Authority of Secretary of State
Except as otherwise provided, Secretary of State to have and
exercise any authority vested by law in any official or office of
Department of State and references to such officials or offices deemed
to refer to Secretary of State or Department of State, as appropriate,
see section 2651a of this title and section 161(d) of Pub. L. 103-236,
set out as a note under section 2651a of this title.
