Us Code § 9672 - Additionality and avoidance of market distortion
Full text of Us Code United States Code § 9672 — Additionality and avoidance of market distortion, with citation guidance and answers to common questions.
§ 9672. Additionality and avoidance of market distortion
(a) In general
Before the Corporation provides support for a project under subchapter II of this chapter, the Corporation shall ensure that private sector entities are afforded an opportunity to support the project.
(b) Safeguards, policies, and guidelines
The Corporation shall develop appropriate safeguards, policies, and guidelines to ensure that support provided by the Corporation under subchapter II of this chapter—
(1) supplements and encourages, but does not compete with, private sector support;
(2) operates according to internationally recognized best practices and standards with respect to ensuring the avoidance of market distorting government subsidies and the crowding out of private sector lending; and
(3) does not have a significant adverse impact on United States employment.
(Pub. L. 115–254, div. F, title V, §1452, Oct. 5, 2018, 132 Stat. 3509.)
About This Section
22 U.S.C. § 9672 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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