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Code · STATUTE-COMPILATIONS · Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025 · Sec. 5122

Sec. 5122. MILLENNIUM CHALLENGE CORPORATION CANDIDATE COUNTRY REFORM

637 words·~3 min read·/statute-compilations/comps-18280/sec-5122

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## SEC. 5122 MILLENNIUM CHALLENGE CORPORATION CANDIDATE COUNTRY REFORM ###
(a)Short Title This section may be cited as the “Millennium Challenge Corporation Candidate Country Reform Act”. ###
(b)Modifications of Requirements to Become a Candidate Country Section 606 of the Millennium Challenge Act of 2003 (22 U.S.C. 7705) is amended to read as follows: > > ## “SEC. 606 CANDIDATE COUNTRIES > > > ### “(a) In General > > A country shall be a candidate country for purposes of eligibility to receive assistance under section 605 if— > > > #### “(1) > > the per capita income of the country in a fiscal year is equal to or less than the World Bank threshold for initiating the International Bank for Reconstruction and Development graduation process for the fiscal year; and > > > #### “(2) > > subject to subsection (b), the country is not ineligible to receive United States economic assistance under part I of the Foreign Assistance Act of 1961 (22 U.S.C. 2151 et seq.) by reason of the application of any provision of the Foreign Assistance Act of 1961 or any other provision of law. > > > ### “(b) Rule of Construction > > For the purposes of determining whether a country is eligible, pursuant to subsection (a)(2), to receive assistance under section 605, the exercise by the President, the Secretary of State, or any other officer or employee of the United States Government of any waiver or suspension of any provision of law referred to in subsection (a)(2), and notification to the appropriate congressional committees in accordance with such provision of law, shall be construed as satisfying the requirements under subsection (a). > > > ### “(c) Determination by the Board > > The Board shall determine whether a country is a candidate country for purposes of this section.” > . ###
(c)Conforming Amendments ####
(1)Amendment To report identifying candidate countries Section 608(a)(1) of the Millennium Challenge Act of 2003 (22 U.S.C. 7707(a)(1)) is amended by striking “section 606(a)(1)(B)” and inserting “section 606(a)(2)”. ####
(2)Amendment to Millennium Challenge Compact authority Section 609(b)(2) of such Act (22 U.S.C. 7708(b)(2)) is amended— #####
(A)by amending the paragraph heading to read as follows: “Country contributions”; and #####
(B)by striking “with respect to a lower middle income country described in section 606(b),”. ####
(3)Amendment to authorization To provide assistance for candidate countries Section 616(b)(1) of such Act (22 U.S.C. 7715(b)(1)) is amended by striking “subsection
(a)or
(b)of section 606” and inserting “section 606(a)”. ###
(d)Modification to Factors in Determining Eligibility Section 607(c)(2) of the Millennium Challenge Act of 2003 (22 U.S.C. 7706(c)(2)) is amended in the matter preceding subparagraph
(A)by striking “consider” and inserting “prioritize need and impact by considering”. ###
(e)Reporting Alignment Section 613(a) of the Millennium Challenge Act of 2003 (22 U.S.C. 7712(a)) is amended to read as follows: > > ### “(a) Report > > Not later than the third Friday of December of each year, the Chief Executive Officer shall submit a report to Congress describing the assistance provided pursuant to section 605 during the most recently concluded fiscal year.” > . ###
(f)Report on Efforts to Undermine Programs of the Millennium Challenge Corporation ####
(1)In general Not later than 180 days after the date of the enactment of this Act, the Chief Executive Officer of the Millennium Challenge Corporation shall submit a report to the Committee on Foreign Relations of the Senate and the Committee on Foreign Affairs of the House of Representatives that details any efforts targeted towards undermining Millennium Challenge Corporation programs, particularly efforts conducted by the People’s Republic of China. ####
(2)Form The report required under paragraph
(1)shall be submitted in an unclassified form, but may include a classified annex.
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