22 USC 262p-12a - Ukraine debt payment relief

U.S Code last checked for updates: May 01, 2024

§ 262p–12a.

Ukraine debt payment relief

(a)

Suspension of multilateral debt payments of Ukraine

(1)

United States position in the international financial institutions

(2)

Official bilateral and commercial debt service payment relief

(3)

Multilateral financial support for Ukraine

(4)

Multilateral financial support for refugees

(b)

Report to the Congress

Not later than December 31 of each year, the President shall—

(1)

submit to the Committees on Financial Services, on Appropriations, and on Foreign Affairs of the House of Representatives and the Committees on Foreign Relations and on Appropriations of the Senate, a report on the activities undertaken under this section; and

(2)

make public a copy of the report.

(c)

Waiver and termination

(1)

Waiver

(2)

Termination

This section shall have no force or effect on the earlier of—

(A)

the date that is 7 years after December 23, 2022; or

(B)

the date that is 30 days after the date on which the President reports to Congress that the Government of the Russian Federation has ceased its destabilizing activities with respect to the sovereignty and territorial integrity of Ukraine.

(Pub. L. 117–263, div. E, title LVII, § 5703, Dec. 23, 2022, 136 Stat. 3410.)

cite as: 22 USC 262p-12a