Text: H.R.6431 — 112th Congress (2011-2012)All Information (Except Text)

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Public Law No: 112-192 (10/05/2012)

 
[112th Congress Public Law 192]
[From the U.S. Government Printing Office]



[[Page 126 STAT. 1441]]

Public Law 112-192
112th Congress

                                 An Act


 
    To provide flexibility with respect to United States support for 
 assistance provided by international financial institutions for Burma, 
     and for other purposes. <<NOTE: Oct. 5, 2012 -  [H.R. 6431]>> 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, <<NOTE: 50 USC 1701 
note.>> 
SECTION 1. INTERNATIONAL FINANCIAL INSTITUTIONS.

    Upon a <<NOTE: President. Determination.>> determination by the 
President that it is in the national interest of the United States to 
support assistance for Burma, the Secretary of the Treasury may instruct 
the United States Executive Director at any international financial 
institution to vote in favor of the provision of assistance for Burma by 
the institution, notwithstanding any other provision of 
law. <<NOTE: Notification.>> The President shall provide the appropriate 
congressional committees with a written notice of any such 
determination.
SEC. 2. CONSULTATION AND NOTIFICATION REQUIREMENT.

    (a) Prior to making the determination contained in section 1, the 
Secretary of State and the Secretary of the Treasury each shall consult 
with the appropriate congressional committees on assistance to be 
provided to Burma by an international financial institution, and the 
national interests served by such assistance.
    (b) <<NOTE: Time period.>> The Secretary of the Treasury shall 
instruct the United States Executive Director at each international 
financial institution that the United States Executive Director may not 
vote in favor of any provision of assistance by the institution to Burma 
until at least 15 days has elapsed from the date on which the President 
has provided notice pursuant to section 1.
SEC. 3. DEFINITIONS.

    In this Act:
            (1) The term ``appropriate congressional committees'' means 
        the Committees on Foreign Relations, Banking, Housing, and Urban 
        Affairs, and Appropriations of the Senate, and the Committees on 
        Financial Services, Foreign Affairs, and Appropriations of the 
        House of Representatives.
            (2) The term ``assistance'' means any loan or financial or 
        technical assistance, or any other use of funds.

[[Page 126 STAT. 1442]]

            (3) The term ``international financial institution'' shall 
        have the same meaning as contained in section 7029(d) of 
        division I of Public Law 112-74.

    Approved October 5, 2012.

LEGISLATIVE HISTORY--H.R. 6431:
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CONGRESSIONAL RECORD, Vol. 158 (2012):
            Sept. 19, considered and passed House.
            Sept. 21, considered and passed Senate.

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