Editorial Notes
Amendments

2004—Subsec. (a)(15). Pub. L. 108–458 added par. (15).

Statutory Notes and Related Subsidiaries
Annual Report on Lending, Surveillance, or Technical Assistance Policies of the International Monetary Fund

Pub. L. 114–113, div. K, title IX, § 9006, Dec. 18, 2015, 129 Stat. 2832, provided that: “Not later than one year after the date of the enactment of this Act [Dec. 18, 2015], and annually thereafter until 2025, the Secretary of the Treasury shall submit to the Committees on Appropriations and Foreign Relations of the Senate and the Committees on Appropriations and Financial Services of the House of Representatives a written report that includes—

“(1)
a description of any changes in the policies of the International Monetary Fund (the Fund) with respect to lending, surveillance, or technical assistance;
“(2)
an analysis of whether those changes, if any, increase or decrease the risk to United States financial commitments to the Fund;
“(3)
an analysis of any new or ongoing exceptional access loans of the Fund in place during the year preceding the submission of the report; and
“(4)
a description of any changes to the exceptional access policies of the Fund.”

Additional Provisions Relating to International Monetary Fund

Pub. L. 106–113, div. B, § 1000(a)(5) [title V, § 504], Nov. 29, 1999, 113 Stat. 1536, 1501A–317, as amended by Pub. L. 110–161, div. H, title I, § 1502(a), Dec. 26, 2007, 121 Stat. 2250, provided that:

“(a)
Publication of IMF Operational Budgets.—
The Secretary of the Treasury shall instruct the United States Executive Director at the International Monetary Fund to use the voice, vote, and influence of the United States to urge vigorously the International Monetary Fund to publish the operational budgets of the International Monetary Fund, on a quarterly basis, not later than one year after the end of the period covered by the budget.
“(b)
Report to the Congress Showing Costs of United States Participation in the International Monetary Fund.—
The Secretary of the Treasury shall prepare and transmit to the Committees on Banking and Financial Services [now Committee on Financial Services], on Appropriations, and on International Relations [now Committee on Foreign Affairs] of the House of Representatives and the Committees on Banking, Housing, and Urban Affairs, on Foreign Relations, and on Appropriations of the Senate a quarterly report, which shall be made readily available to the public, on the costs or benefits of United States participation in the International Monetary Fund and which shall detail the costs and benefits to the United States, as well as valuation gains or losses on the United States reserve position in the International Monetary Fund.
“(c)
Continuation of Forgoing of Reimbursement of IMF for Expenses of Administering ESAF.—
The Secretary of the Treasury shall instruct the United States Executive Director at the International Monetary Fund to use the voice, vote, and influence of the United States to urge vigorously the International Monetary Fund to continue to forgo reimbursements of the expenses incurred by the International Monetary Fund in administering the Enhanced Structural Adjustment Facility, until the Heavily Indebted Poor Countries Initiative (as defined in section 1623 of the International Financial Institutions Act [22 U.S.C. 262p–6]) is terminated.
“(d)
No Gold Sales by International Monetary Fund Without Prior Authorization by the Congress.—
(1)
“(2)
Not less than 30 days prior to the entrance by the United States into international negotiations for the purpose of reaching agreement on the disposition of Fund gold whereby resources of the Fund would be used for the special benefit of a single member, or of a particular segment of the membership of the Fund, the Secretary of the Treasury shall consult with the Committees on Banking and Financial Services [now Committee on Financial Services], on Appropriations, and on International Relations [now Committee on Foreign Affairs] of the House of Representatives and the Committees on Foreign Relations, on Appropriations, and on Banking, Housing and Urban Affairs of the Senate.”

Definitions

The definitions in section 262p–5 of this title apply to this section.