Sec. 201. Candidacy status
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Section 606(a) of the Millennium Challenge Act of 2003 ( 22 U.S.C. 7705(a) ) is amended— in paragraph (1)(B), by striking
(3)and inserting
(4); in paragraph (2)— by amending the paragraph heading to read as follows: ; and Fiscal years 2005 through 2012 by striking fiscal year 2005 or a subsequent fiscal year and inserting each of the fiscal years 2005 through 2012 ; by redesignating paragraph
(3)as paragraph (4); and by inserting after paragraph
(2)the following: A country shall be a candidate country for purposes of eligibility for assistance for fiscal year 2013 or a subsequent fiscal year if the country— has a per capita income not greater than the lower middle income country threshold established by the International Bank for Reconstruction and Development for such fiscal year; is among the 75 countries identified by the International Bank for Reconstruction and Development as having the lowest per capita income; and meets the requirements under paragraph (1)(B). . Section 606(b) of the Millennium Challenge Act of 2003 ( 22 U.S.C. 7705(b) ) is amended— in paragraph (1)— by amending the paragraph heading to read as follows: ; and Fiscal years 2006 through 2012 in the matter preceding subparagraph (A), by striking fiscal year 2006 or a subsequent fiscal year and inserting each of the fiscal years 2006 through 2012 ; by redesignating paragraph
(2)as paragraph (3); and by inserting after paragraph
(1)the following: In addition to the countries described in subsection (a), a country shall be a candidate country for purposes of eligibility for assistance for fiscal year 2013 or a subsequent fiscal year if the country— has a per capita income not greater than the lower middle income country threshold established by the International Bank for Reconstruction and Development for the fiscal year; is not among the 75 countries identified by the International Bank for Reconstruction and Development as having the lowest per capita income; and meets the requirements under subsection (a)(1)(B). . Section 606 of the Millennium Challenge Act of 2003 ( 22 U.S.C. 7705 ) is amended— by redesignating subsection
(c)as subsection (d); and by inserting after subsection
(b)the following: A country qualifying for candidate status under this section with a per capita income that changes during the fiscal year such that the country would be reclassified from a low income country to a lower middle income country or from a lower middle income country to a low income country shall retain its candidacy status in its former income classification for such fiscal year and the two subsequent fiscal years. .
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