Sec. 507.
341 words·~2 min read·
/bill/117/hr/7691/eh/section-507·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Funds made available by this title under the heading Economic Support Fund may be made available for direct financial support for the Government of Ukraine, and such funds shall be matched, to the maximum extent practicable, by sources other than the United States Government. Funds made available to the Government of Ukraine as a cash transfer under subsection
(a)shall be subject to a memorandum of understanding that describes how the funds proposed to be made available will be used and includes appropriate safeguards for transparency and accountability: , That such assistance shall be maintained in a separate, auditable account and may not be comingled with any other funds. Provided At least 15 days prior to the initial obligation of funds made available for the purposes of subsection (a), the Secretary of State or the Administrator of the United States Agency for International Development, as appropriate, shall submit to the appropriate congressional committees a report detailing procedures and processes to ensure such funds are used by the Government of Ukraine in the manner agreed to by such Government, including details on the memorandum of understanding and appropriate safeguards for transparency and accountability required by subsection (b), if applicable: , That such report shall be updated every six months following the submission of the first report and shall be submitted until funds made available for such direct financial support are expended. Provided The Secretary of State or the Administrator of the United States Agency for International Development, as appropriate, shall report to the appropriate congressional committees on the uses of any funds provided for direct financial support to the Government of Ukraine pursuant to subsection
(a)and the results achieved, not later than 90 days after the date of enactment of this Act and every 90 days thereafter until September 30, 2025: , That such report shall also include the metrics established to measure such results. Provided Funds made available for the purposes of subsection
(a)by this title shall be subject to the regular notification procedures of the Committees on Appropriations.