--- type: "LegalText" title: "22 U.S.C. § 9656" description: "Notifications to be provided by the Corporation" jurisdiction: "us" corpus: "united_states_code" kind: "code_section" title_number: 22 title_name: "FOREIGN RELATIONS AND INTERCOURSE" chapter_number: "103" chapter_name: "BETTER UTILIZATION OF INVESTMENTS LEADING TO DEVELOPMENT" section: "9656" citation: "22 U.S.C. § 9656" status: "current" release_point: "119-100" release_date: "2026-06-26" source: "official" source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip" source_identifier: "/us/usc/t22/s9656" source_file: "data/legal/raw/us/code/title-22/usc22.xml" source_hash: "7e3851469111a14c81fdeaebce7c8c31d9124a98942aab3ec193b311a1522f4e" raw_snapshot_hash: "b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83" text_hash: "1fd0ac623fa23fcca5b17a007853048a50843b51fd229090ee04398ae883af9b" retrieved_at: "2026-07-04" confidence: "official" tags: ["legal", "us-code"] --- # 22 U.S.C. § 9656 - Notifications to be provided by the Corporation ## Text (a) In general Not later than 15 days prior to the Corporation making a financial commitment associated with the provision of support under subchapter II of this title in an amount in excess of $20,000,000, the Chief Executive Officer of the Corporation shall submit to the appropriate congressional committees a report in writing that contains the information required by subsection (b). (b) Information required The information required by this subsection includes— (1) the amount of each such financial commitment; (2) an identification of the recipient or beneficiary; (3) a description of the project, activity, or asset and the Corporation’s impact quotient outlining the development goal or purpose to be achieved by providing support by the Corporation; and (4) (A) information relating to whether the Corporation has accepted a creditor status that is subordinate to that of other creditors in the project, activity, or asset; and (B) for all projects, activities, or assets that the Corporation has accepted a creditor status that is subordinate to that of other creditors the Corporation shall include a description of the substantive policy rationale required by section 9623(b)(12) of this title that influenced the decision to accept such a creditor status. (c) Bilateral agreements The Chief Executive Officer of the Corporation shall notify the appropriate congressional committees not later than 30 days after entering into a new bilateral agreement described in section 9631(a) of this title. (Pub. L. 115–254, div. F, title IV, § 1446, Oct. 5, 2018, 132 Stat. 3507; (As amended Pub. L. 119–60, div. H, title LXXXVII, § 8757, Dec. 18, 2025, 139 Stat. 1967.) ## Notes Editorial Notes Amendments2025—Subsec. (a). Pub. L. 119–60, § 8757(1), substituted “$20,000,000” for “$10,000,000”. Subsec. (b)(3). Pub. L. 119–60, § 8757(2)(B)(i), inserted “the Corporation’s impact quotient outlining” after “asset and”. Subsec. (b)(4). Pub. L. 119–60, § 8757(2)(B)(ii), (C), added par. (4).