Sec. 7069. management and oversight
606 words·~3 min read·
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## SEC. 7069 management and oversight ###
(a)Management **[**[22 U.S.C. 2396b](/us/usc/t22/s2396b)**]** ####
(1)Consistent with paragraph (2), there is hereby established in the Treasury of the United States the “USAID Buying Power Maintenance Account”. ####
(2)Up to $50,000,000 of expired or unexpired discretionary unobligated balances appropriated for this and for any succeeding fiscal year under the heading “Operating Expenses” may be transferred to, and merged with, the account established pursuant to paragraph
(1)not later than the end of the fifth fiscal year after the last fiscal year for which such funds are available for the purposes for which appropriated: * Provided,* That amounts deposited in such account shall be available until expended for the purposes of offsetting adverse fluctuations in foreign currency exchange rates or overseas wage and price changes to maintain overseas operations, in addition to such other funds as may be available for such purposes: * Provided further,* That amounts from such account may be transferred to, and merged with, funds appropriated under titles II and III of this Act or subsequent Acts making appropriations for the Department of State, foreign operations, and related programs for such purposes: * Provided further,* That any specific designation or restriction contained in this Act or any other provision of law limiting the amounts available that may be obligated or expended shall be deemed to be adjusted to the extent necessary to offset the net effect of fluctuations in foreign currency exchange rates or overseas wage and price changes in order to maintain approved levels: * Provided further,* That transfers pursuant to this subsection shall be subject to the regular notification procedures of the Committees on Appropriations. ###
(b)Accountability and Oversight For purposes of strengthening oversight, efficiency, and accountability, of the relocation activities and related support of individuals at risk as a result of the situation in Afghanistan, including travel and related expenditures, security and vetting, sustainment and other needs, fees, examinations, and administrative expenses, there is hereby established in the Treasury of the United States the “Enduring Welcome Administrative Expenses Account”: * Provided,* That such funds may be made available as contributions and the administrative authorities in the Foreign Assistance Act of 1961 may be made available with respect to such funds, as appropriate: * Provided further,* That unobligated balances from prior year appropriations available to the Department of State for support for Operation Enduring Welcome and related efforts may be transferred to such account for the purposes specified in this subsection: * Provided further,* That amounts transferred to this account from funds made available under the heading “United States Emergency Refugee and Migration Assistance Fund” may be made available notwithstanding any provision of law which restricts assistance to foreign countries: * Provided further,* That not later than 30 days after the establishment of such account, the Secretary of State shall submit to the Committees on Appropriations a report detailing the funds available for obligation under the Enduring Welcome Administrative Expenses Account, the proposed uses of such funds by program, project, and activity and each planned use of the authority of the previous proviso: * Provided further,* That such report shall be updated and submitted to the Committees on Appropriations every 60 days until September 30, 2025: * Provided further,* That amounts transferred pursuant to this subsection that were previously designated by the Congress as an emergency requirement pursuant to a concurrent resolution on the budget or the Balanced Budget and Emergency Deficit Control Act of 1985 are designated by the Congress as being for an emergency requirement pursuant to section 251(b)(2)(A)(i) of the Balanced Budget and Emergency Deficit Control Act of 1985.
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Sec. 7069
management and oversight
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