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Code · BILL · 113th Congress · H.R. 4877 (Introduced in House) — To amend the Millennium Challenge Act of 2003 to authorize concurrent compacts for purposes of regional economic inte... · Sec. 4

Sec. 4. Millennium Challenge Compact

163 words·~1 min read·/bill/113/hr/4877/ih/section-4

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Section 609 of the Millennium Challenge Act of 2003 ( 22 U.S.C. 7708 ) is amended— by striking the first sentence of subsection (k); and by inserting after subsection
(k)the following new subsection: In accordance with the requirements of this title, an eligible country and the United States may enter into and have in effect more than one Compact at any given time, including a concurrent Compact for purposes of regional economic integration or cross-border collaborations, only if the Board determines that the country is making considerable and demonstrable progress in implementing the terms of existing Compacts and supplementary agreements thereto. . The amendments made by subsection
(a)apply with respect to Compacts entered into between the United States and an eligible country under the Millennium Challenge Act of 2003 before, on, or after the date of the enactment of this Act. Section 613(b)(2)(A) of such Act ( 22 U.S.C. 7712(b)(2)(A) ) is amended by striking “the” before “Compact” and inserting “any”.
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Sec. 4
Millennium Challenge Compact
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