Us Code § 290m - –8. Performance measures
Full text of Us Code United States Code § 290m — –8. Performance measures, with citation guidance and answers to common questions.
§ 290m. –8. Performance measures
(a) In general
The Secretary of the Treasury should direct the representatives of the United States to the Board of Directors of the North American Development Bank to use the voice and vote of the United States to seek to require the Bank to develop performance measures that—
(1) demonstrate how projects and financing approved by the Bank are meeting the Bank's mission and providing added value to the region near the international land border between the United States and Mexico; and
(2) are reviewed and updated not less frequently than annually.
(b) Report to Congress
The Secretary of the Treasury shall submit to Congress, with the submission to Congress of the budget of the President for a fiscal year under section 1105(a) of title 31, a report on progress in imposing the performance measures described in subsection (a) of this section.
(Pub. L. 116–113, title VIII, §834, Jan. 29, 2020, 134 Stat. 97.)
Editorial Notes
Codification
Section was enacted as part of the United States-Mexico-Canada Agreement Implementation Act, and not as part of part 2 of subtitle D of title V of the North American Free Trade Agreement Implementation Act, Pub. L. 103–182, which enacted this subchapter.
Statutory Notes and Related Subsidiaries
Policy Goals
Pub. L. 116–113, title VIII, §832, Jan. 29, 2020, 134 Stat. 97, provided that:
"(a)
"(b)
Efficiencies and Streamlining
Pub. L. 116–113, title VIII, §833, Jan. 29, 2020, 134 Stat. 97, provided that: "The Secretary of the Treasury should direct the representatives of the United States to the Board of Directors of the North American Development Bank to use the voice and vote of the United States to seek to require the Bank to develop and implement efficiency improvements to streamline and accelerate the project certification and financing process, including through initiatives such as single certifications for revolving facilities, programmatic certification of similar groups of small projects, expansion of internal authority to approve qualified projects below certain monetary thresholds, and expedited certification for public sector projects subject to lender bidding processes."
SUBCHAPTER XXIX—UNITED STATES-MEXICO BORDER HEALTH COMMISSION
About This Section
22 U.S.C. § 290m is part of Title 22 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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