
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC2656h]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
                     CHAPTER 38--DEPARTMENT OF STATE
 
Sec. 2656h. International credit reports


(a) Report on loan criteria

    Not later than 90 days after October 28, 1991, the Assistant 
Secretary of State for Economic and Business Affairs, in consultation 
with the Secretary of the Treasury, shall submit to the Chairman of the 
Foreign Relations Committee of the Senate and the Speaker of the House 
of Representatives a report setting forth clear criteria for bilateral 
loans by which the United States can determine the likelihood of 
repayment by a country seeking to receive United States loans. The 
report should include the criteria used for--
        (1) assessing country risk;
        (2) projecting loan repayments; and
        (3) estimating subsidy levels.

(b) Reports on loans

    Beginning 180 days after the submission of the report in subsection 
(a) of this section and annually thereafter, the Secretary of State, in 
consultation with the Secretary of the Treasury, shall submit a report 
to the Chairman of the Foreign Relations Committee of the Senate and the 
Speaker of the House of Representatives showing actual repayments by 
country and by program to the United States Government for the previous 
5 years and the scheduled repayments to the United States Government for 
the next 5 years.

(Pub. L. 102-138, title I, Sec. 197, Oct. 28, 1991, 105 Stat. 684.)

                     Authority of Secretary of State

    Except as otherwise provided, Secretary of State to have and 
exercise any authority vested by law in any official or office of 
Department of State and references to such officials or offices deemed 
to refer to Secretary of State or Department of State, as appropriate, 
see section 2651a of this title and section 161(d) of Pub. L. 103-236, 
set out as a note under section 2651a of this title.
