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Code · BILL · 119th Congress · H.R. 5299 (Introduced in House) — To modify and reauthorize the Better Utilization of Investments Leading to Development Act of 2018, and for other pur... · Sec. 403

Sec. 403. Authority to use portion of corporation fees to update information technology systems; transfer of funds

203 words·~1 min read·/bill/119/hr/5299/ih/section-403

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Section 1434 of the Better Utilization of Investments Leading to Development Act of 2018 ( 22 U.S.C. 9634 ) is amended— in subsection (d)— in paragraph (1)— in subparagraph (B), by adding and at the end; in subparagraph (C), by striking the semicolon at the end and inserting a period; and by striking subparagraph (D); and in paragraph (2)— in subparagraph (B), by striking and at the end; in subparagraph (C), by striking the period at the end and inserting a semicolon; and by adding at the end the following: project-specific transaction costs; and transfers and additions to such other accounts, funds, or reserves as the Corporation may establish, at such time and in such amounts as the Board may determine. ; in subsection (j), by inserting
(i)title 10, United States Code,
(ii)the Strategic and Critical Materials Stock Piling Act ( after 50 U.S.C. 98 et seq. ), or
(iii)funds authorized to be appropriated to carry out ; and in subsection (k)— in paragraph (1), by inserting other direct costs associated with origination or monitoring services, including seminars, conferences, and other pre-investment services, after legal expenses, ; and in paragraph (2), by striking does not include and inserting includes .
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Sec. 403
Authority to use portion of corporation fees to update information technology systems; transfer of funds
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