22 U.S.C. § 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 $20,000,000, 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;

(3)

a description of the project, activity, or asset and the Corporation’s impact quotient outlining the development goal or purpose to be achieved by providing support by the Corporation; and

(4)

(A)

information relating to whether the Corporation has accepted a creditor status that is subordinate to that of other creditors in the project, activity, or asset; and

(B)

section 9623(b)(12) of this title for all projects, activities, or assets that the Corporation has accepted a creditor status that is subordinate to that of other creditors the Corporation shall include a description of the substantive policy rationale required by that influenced the decision to accept such a creditor status.

(c)

Bilateral agreements

section 9631(a) of this titleThe 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 .

Pub. L. 115–254, div. F, title IV, § 1446Oct. 5, 2018132 Stat. 3507 Pub. L. 119–60, div. H, title LXXXVII, § 8757Dec. 18, 2025139 Stat. 1967(, , ; (As amended , , .)

Editorial Notes

Amendments

Pub. L. 119–60, § 8757(1)2025—Subsec. (a). , substituted “$20,000,000” for “$10,000,000”.

Pub. L. 119–60, § 8757(2)(B)(i)Subsec. (b)(3). , inserted “the Corporation’s impact quotient outlining” after “asset and”.

Pub. L. 119–60, § 8757(2)(B)(ii)Subsec. (b)(4). , (C), added par. (4).