Repeal of Section
For repeal of section by [section 6104(c) of Pub. L. 117–81], see Effective Date of Repeal note below.
Statutory Notes and Related Subsidiaries
Effective Date of Repeal
[Pub. L. 117–81, div. F, title LXI, § 6104(c)], Dec. 27, 2021, [135 Stat. 2386], provided that: “Section 1631 of the International Financial Institutions Act [22 U.S.C. 262p–15], as added by subsection (b), is repealed on the earlier of—“(1)
the date the President of the United States submits to the Committee on Financial Services of the House of Representatives and the Committee on Foreign Relations of the Senate a certification that—
“(A)
the Burmese military has released all political prisoners;
“(B)
an elected government has been instated following free and fair elections; and
“(C)
all government institutions involved in the provision of multilateral assistance are fully under civilian control; or
“(2)
the date that is 10 years after the date of the enactment of this Act [Dec. 27, 2021].”
Continuation of Pause on World Bank Disbursements and Commitments to Burma
[Pub. L. 119–75, div. F, title VII, § 7070(b)(6)], Feb. 3, 2026, [140 Stat. 625], provided that: “The Secretary of the Treasury shall direct the United States Executive Director at the International Bank for Reconstruction and Development to use the voice and vote of the United States to continue the pause by the Bank on disbursements and the making of new financing commitments to Burma, that was initiated after a military coup overthrew the democratically elected government of Burma in 2021, unless the Secretary of the Treasury determines that it is not in the national interest of the United States to do so.”