§ 290j–1. Use of United States owned rupees to capitalize the Fund

345 words·~2 min read·/usc/title-22/section-290j-1

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Subject to applicable requirements concerning reimbursement to the Treasury for United States owned foreign currencies, the President may make available to the Fund, for use in carrying out the agreement authorized by section 290j of this title , up to the equivalent of $200,000,000 in foreign currencies owned by the United States in India or owed to the United States by the Government of India. Such use may include investment in order to generate interest which would be retained in the Fund and used to support programs pursuant to that agreement.

In accordance with the agreement negotiated pursuant to section 290j(a) of this title , sums made available for investment for the United States-India Fund for Cultural, Educational, and Scientific Cooperation under the Departments of Commerce, Justice, and State, and the Judiciary and Related Agencies Appropriation Act, 1985, and any earnings on such sums shall be available for the purposes of section 290j(a) of this title . ( Pub. L. 98–164, title IX, § 903 , Nov. 22, 1983 , 97 Stat. 1051 ;

Pub. L. 99–93, title VIII, § 808 , Aug. 16, 1985 , 99 Stat. 452 ; Pub. L. 100–204, title III, § 305 , Dec. 22, 1987 , 101 Stat. 1379 .)

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Public Law 98–164
To authorize appropriations for fiscal years 1984 and 1985 for the Department of State, the United States Information Agency, the Board for International Broadcasting, the Inter-American Foundation, and the Asia Foundation, to establish the National Endowment for Democracy, and for other purposes

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/statutes-at-large/vol-98/public-law-98-410
Public Law 98–410

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Pub. L. 98-164
97 Stat. 1051
Pub. L. 99-93
99 Stat. 452
Pub. L. 100-204
101 Stat. 1379
Pub. L. 98-411
98 Stat. 1567

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§ 290j–1

Use of United States owned rupees to capitalize the Fund

Stat.×1

Stat.Public Law 98–410

Pub. L.Pub. L. 98-164

Stat.97 Stat. 1051

Pub. L.Pub. L. 99-93

Stat.99 Stat. 452

Pub. L.Pub. L. 100-204

Cites 9 · showing 6Cited by 1 across 1 source