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Code · BILL · 119th Congress · S. 1071 (EAH) — 119 S1071 EAH: National Defense Authorization Act for Fiscal Year 2026 · Sec. 8731

Sec. 8731. Development finance education

286 words·~1 min read·/bill/119/s/1071/eah/section-8731

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Section 1413 of the Better Utilization of Investments Leading to Development Act of 2018 ( 22 U.S.C. 9613 ), as amended by this title, is further amended by adding at the end the following new subsection: Not later than 1 year after the date of the enactment of the DFC Modernization and Reauthorization Act of 2025 , the Secretary of State, acting through the Director of the Foreign Service Institute and in collaboration with the Chief Executive Officer of the Corporation, shall conduct a review of and submit to the appropriate congressional committees a report on the utility of establishing elective training classes or programs on development finance within the School of Professional and Area Studies for all levels of the foreign service.
The report required by paragraph
(1)shall include a description of how a proposed class would be structured to ensure an appropriate level of training in development finance, including descriptions of— the potential benefits and challenges of development finance as a component of United States foreign policy in promoting development outcomes and in promoting United States interests in advocating for the advancement of free-market principles; the operations of the Corporation, generally, and a comparative analysis of similarly situated development finance institutions, both bilateral and multilateral; how development finance can further the foreign policies of the United States, generally; the anticipated foreign service consumers of any proposed classes on development finance; the resources that may be required to establish such training classes, including through the use of detailed staff from the Corporation or temporary fellows brought in from the development finance community; and other relevant issues, as determined by the Secretary of State and the Chief Executive Officer of the Corporation determines appropriate. .
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Sec. 8731
Development finance education
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