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Code · BILL · 114th Congress · S. 2130 (Placed on Calendar Senate) — Making appropriations for Department of Defense, energy and water development, Department of Homeland Security, milit... · Sec. 7082

Sec. 7082.

158 words·~1 min read·/bill/114/s/2130/pcs/section-7082

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Part 2 of Subtitle D of title V of Public Law 103–182 , as amended ( 22 U.S.C. 290m et seq. ), is further amended by adding at the end thereof the following new section: The Secretary of the Treasury may subscribe on behalf of the United States to 150,000 additional shares of the capital stock of the Bank. Any subscription by the United States to the capital stock of the Bank shall be effective only to such extent and in such amounts as are provided in advance in appropriations Act.
In order to pay for the increase in the United States subscription to the Bank under subsection (a), there are authorized to be appropriated, without fiscal year limitation, $1,500,000,000 for payment by the Secretary of the Treasury. Of the amount authorized to be appropriated under paragraph (1)— $225,000,000 shall be for paid in shares of the Bank; and $1,275,000,000 shall be callable shares of the Bank. .
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  • Pub. L. 103-182
  • 22 USC 290m
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Sec. 7082
Pub. L.Pub. L. 103-182
Cite22 USC 290m
Cites 2Cited by 0 across 0 sources
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