Us Code § 9656 - Notifications to be provided by the Corporation
Full text of Us Code United States Code § 9656 — Notifications to be provided by the Corporation, with citation guidance and answers to common questions.
§ 9656. Notifications to be provided by the Corporation
(a) In general
Not later than 15 days prior to the Corporation making a financial commitment associated with the provision of support under subchapter II of this title in an amount in excess of $10,000,000, the Chief Executive Officer of the Corporation shall submit to the appropriate congressional committees a report in writing that contains the information required by subsection (b).
(b) Information required
The information required by this subsection includes—
(1) the amount of each such financial commitment;
(2) an identification of the recipient or beneficiary; and
(3) a description of the project, activity, or asset and the development goal or purpose to be achieved by providing support by the Corporation.
(c) Bilateral agreements
The Chief Executive Officer of the Corporation shall notify the appropriate congressional committees not later than 30 days after entering into a new bilateral agreement described in section 9631(a) of this title.
(Pub. L. 115–254, div. F, title IV, §1446, Oct. 5, 2018, 132 Stat. 3507.)
SUBCHAPTER V—CONDITIONS, RESTRICTIONS, AND PROHIBITIONS
About This Section
22 U.S.C. § 9656 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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