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LegalText 22 U.S.C. § 283z13 Ninth Capital Increase us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 283z13 22 U.S.C. § 283z13 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s283z13 data/legal/raw/us/code/title-22/usc22.xml cc7acad4299e63cc46e56786d1bc1f718e282de0ab7b73546bc223a805bd7903 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 092f4b28cc4c8b95d2428888d351be4a79cfb6cfea7bae7ad4a51e5e0bc07621 2026-07-04 official
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22 U.S.C. § 283z13 - Ninth Capital Increase

Text

(a) Vote authorized The United States Governor of the Bank is authorized to vote in favor of a resolution to increase the capital stock of the Bank by $70,000,000,000 as described in Resolution AG7/10, “Report on the Ninth General Capital Increase in the resources of the Inter-American Development Bank” as approved by Governors on July 21, 2010.

(b) Subscription authorized (1) The United States Governor of the Bank may subscribe on behalf of the United States to 1,741,135 additional shares of the capital stock of the Bank.

(2) Any subscription by the United States to the capital stock of the Bank shall be effective only to such extent and in such amounts as are provided in advance in appropriations Acts.

(c) Limitations on authorization of appropriations (1) In order to pay for the increase in the United States subscription to the Bank under subsection (b), there are authorized to be appropriated, without fiscal year limitation, $21,004,064,337 for payment by the Secretary of the Treasury.

(2) Of the amount authorized to be appropriated under paragraph (1)—

(A) $510,090,175 shall be for paid in shares of the Bank; and

(B) $20,493,974,162 shall be for callable shares of the Bank.

(Pub. L. 86147, § 41, as added Pub. L. 11274, div. I, title VII, § 7081(c), Dec. 23, 2011, 125 Stat. 1260.)