Code · BILL · 115th Congress · H.R. 5105 (Engrossed in House) — To establish the United States International Development Finance Corporation, and for other purposes. · Sec. 502

Sec. 502. Additionality and avoidance of market distortion

98 words·~1 min read·/bill/115/hr/5105/eh/section-502

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Before the Corporation provides support for a project under title II, the Corporation shall ensure that private sector entities are afforded an opportunity to support the project. The Corporation shall develop appropriate safeguards, policies, and guidelines to ensure that support provided by the Corporation under title II— supplements and encourages, but does not compete with, private sector support; operates according to internationally recognized best practices and standards with respect to ensuring the avoidance of market distorting government subsidies and the crowding out of private sector lending; and does not have a significant adverse impact on United States employment.