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Code · BILL · 114th Congress · S. 1605 (Reported in Senate) — 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

196 words·~1 min read·/bill/114/s/1605/rs/section-4

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Section 609 of the Millennium Challenge Act of 2003 ( 22 U.S.C. 7708 ) is amended— in subsection (k), by striking the first sentence; and by adding after subsection
(k)the following new subsection: An eligible country and the United States that have entered into and have in effect a Compact under this section may enter into and have in effect at the same time not more than one additional Compact in accordance with the requirements of this title if— one or both of the Compacts are or will be for purposes of regional economic integration, increased regional trade, or cross-border collaborations; and the Board determines that the country is making considerable and demonstrable progress in implementing the terms of any 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 ( 22 U.S.C. 7701 et seq. ) 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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Millennium challenge compact
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