Sec. 5. Eligibility for benefits
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/bill/115/s/1023/enr/section-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 805(a) of the Tropical Forest and Coral Reef Conservation Act of 1998 ( 22 U.S.C. 2431c(a) ), as renamed by section 2(a), is amended— by striking tropical forest and inserting tropical forest or coral reef ; by redesignating paragraph
(2)as paragraph (7); and by striking paragraph
(1)and inserting the following new paragraphs: whose government is democratically elected; whose government has not repeatedly provided support for acts of international terrorism; whose government is not failing to cooperate on international narcotics control matters; whose government (including its military or other security forces) does not engage in a consistent pattern of gross violations of internationally recognized human rights; that has in effect, has received approval for, or is making significant progress toward— an International Monetary Fund standby arrangement, extended Fund arrangement, or an arrangement under the structural adjustment facility or enhanced structural adjustment facility, or a Fund monitored program, or is implementing sound macroeconomic policies, unless the President determines that such an arrangement or program could reasonably be expected to have significant adverse social or environmental effect; and as appropriate, structural or sectoral adjustment loans from the International Bank for Reconstruction and Development or the International Development Association, unless the President determines that the resulting adjustment requirements could reasonably be expected to have significant adverse social or environmental effects; if appropriate, has agreed with its commercial bank lenders on a satisfactory financing program, including, as appropriate, debt or debt service reduction; and .