§ 1738q. —  Notification to congressional committees.


[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 7USC1738q]

 
                          TITLE 7--AGRICULTURE
 
        CHAPTER 41--AGRICULTURAL TRADE DEVELOPMENT AND ASSISTANCE
 
          SUBCHAPTER VI--ENTERPRISE FOR THE AMERICAS INITIATIVE
 
Sec. 1738q. Notification to congressional committees


(a) Notice of negotiations

    The Secretary of State and the Secretary of the Treasury shall, in 
every feasible instance, notify the designated congressional committees 
not less than 15 days prior to any formal negotiation for debt relief 
under this subchapter.

(b) Transmittal of text of agreements

    The Secretary of State shall transmit to the designated 
congressional committees a copy of the text of any agreement with any 
foreign government which would result in any debt relief under this 
subchapter no less than 30 days prior to its entry into force, together 
with a detailed justification of the interest of the United States in 
the proposed debt relief.

(c) Annual report

    The Secretary of State or the Secretary of the Treasury, as 
appropriate, shall submit to the designated congressional committees not 
later than February 1 of each year a consolidated statement of the 
budgetary implications of all debt relief agreements entered into force 
under this subchapter during the preceding fiscal year.

(d) Designated congressional committees

    As used in this section, the term ``designated congressional 
committees'' means the Committee on Agriculture and the Committee on 
Foreign Affairs of the House of Representatives and the Committee on 
Agriculture, Nutrition, and Forestry of the Senate.

(July 10, 1954, ch. 469, title VI, Sec. 618, as added Pub. L. 102-532, 
Sec. 2, Oct. 27, 1992, 106 Stat. 3511.)

                         Change of Name

    Committee on Foreign Affairs of House of Representatives treated as 
referring to Committee on International Relations 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.

                  Section Referred to in Other Sections

    This section is referred to in section 1738r of this title.






























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