Sec. 1470. CONFORMING AMENDMENTS

1,652 words·~8 min read·/statute-compilations/comps-15561/sec-1470

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 1470 CONFORMING AMENDMENTS ###

(a)Exempt Programs Section 255(g) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 905(g)) is amended by striking “Overseas Private Investment Corporation, Noncredit Account (71-4184-0-3-151).” and inserting “United States International Development Finance Corporation.”. ###

(b)Executive Schedule Title 5, United States Code, is amended— ####

(1)in section 5314, by striking “President, Overseas Private Investment Corporation.”; ####

(2)in section 5315, by striking “Executive Vice President, Overseas Private Investment Corporation.”; and ####

(3)in section 5316, by striking “Vice Presidents, Overseas Private Investment Corporation (3).”. ###

(c)Office of International Trade of the Small Business Administration Section 22 of the Small Business Act (15 U.S.C. 649) is amended— ####

(1)in subsection (b), in the matter preceding paragraph (1), by striking “the President of the Overseas Private Investment Corporation, Director” and inserting “the Board of Directors of the United States International Development Finance Corporation, the Director”; and ####

(2)by striking “Overseas Private Investment Corporation” each place it appears and inserting “United States International Development Finance Corporation”. ###

(d)United States and Foreign Commercial Service Section 2301 of the Export Enhancement Act of 1988 (15 U.S.C. 4721) is amended by striking “Overseas Private Investment Corporation” each place it appears and inserting “United States International Development Finance Corporation”. ###

(e)Trade Promotion Coordinating Committee Section 2312(d)(1)(K) of the Export Enhancement Act of 1988 (15 U.S.C. 4727(d)(1)(K)) is amended by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”. ###

(f)Interagency Trade Data Advisory Committee Section 5402(b) of the Omnibus Trade and Competitiveness Act of 1988 (15 U.S.C. 4902(b)) is amended by striking “the President of the Overseas Private Investment Corporation” and inserting “the Chief Executive Officer of the United States International Development Finance Corporation”. ###

(g)Misuse of Names of Federal Agencies Section 709 of title 18, United States Code, is amended by striking “ ‘Overseas Private Investment’, ‘Overseas Private Investment Corporation’, or ‘OPIC’,” and inserting “ ‘United States International Development Finance Corporation’ or ‘DFC’ ”. ###

(h)Engagement on Currency Exchange Rate and Economic Policies Section 701(c)(1)(A) of the Trade Facilitation and Trade Enforcement Act of 2015 (19 U.S.C. 4421(c)(1)(A)) is amended by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”. ###

(i)Internships With Institute for International Public Policy Section 625 of the Higher Education Act of 1965 (20 U.S.C. 1131c(a)) is amended by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”. ###

(j)Foreign Assistance Act of 1961 The Foreign Assistance Act of 1961 (22 U.S.C. 2151 et seq.) is amended— ####

(1)**[**[22 U.S.C. 2151n](/us/usc/t22/s2151n)**]** in section 116— #####

(A)in subsection (a), by inserting “, and no support may be provided under title II of the Better Utilization of Investments Leading to Development Act of 2018,” after “this part”; #####

(B)in the first subsection (b)— ######

(i)by inserting “or title II of the Better Utilization of Investments Leading to Development Act of 2018” after “this part”; ######

(ii)by inserting “or the Chief Executive Officer of the United States International Development Finance Corporation, as applicable,” after “this Act”; ######

(iii)by inserting “or support” after “the assistance”; and ######

(iv)by inserting “or support” after “such assistance” each place it appears; #####

(C)in the second subsection (b), by inserting “under this part, and no support may be provided under title II of the Better Utilization of Investments Leading to Development Act of 2018,” after “provided”; and #####

(D)in subsection (c), by striking “under this part, the Administrator” and inserting “under this part, or support provided under title II of the Better Utilization of Investments Leading to Development Act of 2018, the Administrator, or the Chief Executive Officer of the United States International Development Finance Corporation, as applicable,”; ####

(2)in section 449B(b)(2) (22 U.S.C. 2296b(b)(2)), by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”; and ####

(3)in section 481(e)(4)(A) (22 U.S.C. 2291(e)(4)(A)), in the matter preceding clause (i), by striking “(including programs under title IV of chapter 2, relating to the Overseas Private Investment Corporation)” and inserting “(and any support under title II of the Better Utilization of Investments Leading to Development Act of 2018, relating to the United States International Development Finance Corporation)”. ###

(k)Electrify Africa Act of 2015 Sections 5 and 7 of the Electrify Africa Act of 2015 (Public Law 114-121; 22 U.S.C. 2293 note) are amended by striking “Overseas Private Investment Corporation” each place it appears and inserting “United States International Development Finance Corporation”. ###

(l)Foreign Aid Transparency and Accountability Act of 2016 Section 2(3) of the Foreign Aid Transparency and Accountability Act of 2016 (Public Law 114-191; 22 U.S.C. 2394c note) is amended— ####

(1)in subparagraph (A), by striking “except for” and all that follows through “chapter 3” and insert “except for chapter 3”; ####

(2)in subparagraph (C), by striking “and” at the end; ####

(3)in subparagraph (D), by striking the period at the end and inserting “; and”; and ####

(4)by adding at the end the following: > > ##### “(E) > > the Better Utilization of Investments Leading to Development Act of 2018.” > . ###

(m)Support for East European Democracy

(SEED)Program The Support for East European Democracy

(SEED)Act of 1989 (22 U.S.C. 5401 et seq.) is amended— ####

(1)in section 2(c) (22 U.S.C. 5401(c)), by striking paragraph

(12)and inserting the following: > > #### “(12) United states international development finance corporation > > Programs of the United States International Development Finance Corporation.” > ; and ####

(2)in section 201 (22 U.S.C. 5421), by striking subsection

(e)and inserting the following: > > ### “(e) Grants to Enterprise Funds > > Funds appropriated to the President pursuant to subsection

(b)shall be granted to the Enterprise Funds to carry out the purposes specified in subsection

(a)and for the administrative expenses of each Enterprise Fund— > > > #### “(1) > > except as provided in paragraph (2), by the United States Agency for International Development; or > > > #### “(2) > > if the Enterprise Funds are transferred to the United States International Development Finance Corporation pursuant to section 1463(b) of the Better Utilization of Investments Leading to Development Act of 2018, by the Corporation.” > . ###

(n)Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996 Section 202(b)(2)(B)(iv) of the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996 (22 U.S.C. 6062(b)(2)(B)(iv)) is amended by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”. ###

(o)International Religious Freedom Act of 1998 Section 405(a)(10) of the International Religious Freedom Act of 1998 (22 U.S.C. 6445(a)(10)) is amended by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”. ###

(p)Trafficking Victims Protection Act of 2000 Section 103(8)(A) of the Trafficking Victims Protection Act of 2000 (22 U.S.C. 7102(8)(A)) is amended in clause

(viii)to read as follows: > > ###### “(viii) > > any support under title II of the Better Utilization of Investments Leading to Development Act of 2018 relating to the United States International Development Finance Corporation; and” > . ###

(q)Technology Deployment in Developing Countries Section 732(b) of the Global Environmental Protection Assistance Act of 1989 (22 U.S.C. 7902(b)) is amended by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”. ###

(r)Expanded Nonmilitary Assistance for Ukraine Section 7(c)(3) of the Ukraine Freedom Support Act of 2014 (22 U.S.C. 8926(c)(3)) is amended— ####

(1)in the paragraph heading, by striking “Overseas private investment corporation” and inserting “United states international development finance corporation”; ####

(2)in the matter preceding subparagraph (A), by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”; and ####

(3)in subparagraph (B), by striking “by eligible investors (as defined in section 238 of the Foreign Assistance Act of 1961 (22 U.S.C. 2198))”. ###

(s)Global Food Security Act of 2016 Section 4(7) of the Global Food Security Act of 2016 (22 U.S.C. 9303(7)) is amended by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”. ###

(t)Sense of Congress on European and Eurasian Energy Security Section 257(c)(2)(B) of the Countering Russian Influence in Europe and Eurasia Act of 2017 (22 U.S.C. 9546(c)(2)(B)) is amended by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”. ###

(u)Wholly Owned Government Corporation Section 9101(3) of title 31, United States Code, is amended by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”. ###

(v)Energy Independence and Security Act of 2007 Title IX of the Energy Independence and Security Act of 2007 (42 U.S.C. 17321 et seq.) is amended— ####

(1)in section 914 (42 U.S.C. 17334)— #####

(A)in the section heading, by striking “overseas private investment corporation” and inserting “united states international development finance corporation”; #####

(B)in subsection (a), in the matter preceding paragraph (1), by striking “Overseas Private Investment Corporation” and inserting “United States International Development Finance Corporation”; and #####

(C)in subsection (b), in the matter preceding paragraph (1), by striking “Overseas Private Investment Corporation shall include in its annual report required under section 240A of the Foreign Assistance Act of 1961 (22 U.S.C. 2200a)” and inserting “United States International Development Finance Corporation shall include in its annual report required under section 1443 of the Better Utilization of Investments Leading to Development Act of 2018”; and ####

(2)in section 916(a)(2)(I) (42 U.S.C. 17336(a)(2)(I)), by striking “Overseas Private Investment Corporation:” and inserting “United States International Development Finance Corporation;”. ###

(w)Effective Date **[**[2 U.S.C. 905 note](/us/usc/t2/s905)**]** The amendments made by this section shall take effect at the end of the transition period. ### DIVISION G SYRIA STUDY GROUP

Connectionstraces to 27

Traces to 27 documents

U.S. Code