Statute · United States Code
22 U.S.C. § 285y — Additional contribution to special funds; authorization of appropriations
22 U.S.C. § 285y
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- finance
(a)(1) The United States Governor of the Bank is authorized to contribute on behalf of the United States $520,000,000 to the Asian Development Fund, a special fund of the Bank. (2) Any commitment to make the contribution authorized in paragraph (1) shall be made subject to obtaining the necessary appropriations. (b) In order to pay for the United States contribution to the Asian Development Fund provided for in this section, there are authorized to be appropriated, without fiscal year limitation, $520,000,000 for payment by the Secretary of the Treasury.
(a)(1) The United States Governor of the Bank is authorized to contribute on behalf of the United States $520,000,000 to the Asian Development Fund, a special fund of the Bank. (2) Any commitment to make the contribution authorized in paragraph (1) shall be made subject to obtaining the necessary appropriations. (b) In order to pay for the United States contribution to the Asian Development Fund provided for in this section, there are authorized to be appropriated, without fiscal year limitation, $520,000,000 for payment by the Secretary of the Treasury.