22 U.S.C. § 286tt
Restrictions on use of United States funds for foreign governments; protection of American taxpayers
United States · Title 22 — FOREIGN RELATIONS AND INTERCOURSE · Status: effective
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- Citation
- 22 U.S.C. § 286tt, Restrictions on use of United States funds for foreign governments; protection of American taxpayers, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/455483
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Full text
The Secretary of the Treasury shall instruct the United States Executive Director at the International Monetary Fund—
to evaluate, prior to consideration by the Board of Executive Directors of the Fund, any proposal submitted to the Board for the Fund to make a loan to a country if—
Within 30 days after the Board of Executive Directors of the Fund approves a proposal described in subsection (a), and annually thereafter by June 30, for the duration of any program approved under such proposals, the Secretary of the Treasury shall report in writing to the Committee on Financial Services of the House of Representatives and the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate assessing the likelihood that loans made pursuant to such proposals will be repaid in full, including—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Dodd-Frank Wall Street Reform and Consumer Protection Act