An amendment to state that in each instance in which the International Development Association has informed the Secretary of the Treasury that it has made loans or loan commitments to a single country in amounts which are cumulatively greater than 15% of the total projected funding of the sixth replenishment of the International Development Association, then the sums made available to IDA shall be reduced by an amount equal to 27% of the portion of loans or loan commitments to the country that exceeds 15% of the projected sixth replenishment total.

Ask AI
Amendment Number
463
Description
An amendment to state that in each instance in which the International Development Association has informed the Secretary of the Treasury that it has made loans or loan commitments to a single country in amounts which are cumulatively greater than 15% of the total projected funding of the sixth replenishment of the International Development Association, then the sums made available to IDA shall be reduced by an amount equal to 27% of the portion of loans or loan commitments to the country that exceeds 15% of the projected sixth replenishment total.
Purpose
An amendment to state that in each instance in which the International Development Association has informed the Secretary of the Treasury that it has made loans or loan commitments to a single country in amounts which are cumulatively greater than 15% of the total projected funding of the sixth replenishment of the International Development Association, then the sums made available to IDA shall be reduced by an amount equal to 27% of the portion of loans or loan commitments to the country that exceeds 15% of the projected sixth replenishment total.
Congress
97
Type
HAMDT
Latest Action Date
Dec 11, 1981
Latest Action Text
Amendment Passed (Amended) in Committee of the Whole by Voice Vote.
Submitted Date
Dec 11, 1981
Chamber
House of Representatives
Update Date
Aug 14, 2021
Amendment 463 — Informed