Page:United States Statutes at Large Volume 106 Part 2.djvu/813

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PUBLIC LAW 102-391—OCT. 6, 1992 106 STAT. 1693 President. 22 USC 283Z-9. Environmental protection. "(4) the Board established under section 610 of that Act shall include at lecist one representative from a nongovernmental organization with experience and expertise in child survival or child development. "(e) ANNUAL REPORT. — The President shall prepare an annual report to Congress on the implementation of this section in coivjimction with the report required under section 614 of that Act.". (b) MULTILATERAL INVESTMENT FUND. —The Inter-American Development Bank Act (22 U.S.C. 283-283z-8) is amended by adding at uie end the following: "SEC. 37. (a) The Secretary of the Treasury is authorized to contribute, and to make payment of, $500,000,000 to the Multilateral Investment Fund established pursuant to the agreements of February 11, 1992: Provided, That such funds shall only be dis- Human rights. bursed from the Fund to countries that have governments that are democratically elected, that do not harbor or sponsor international terrorists; that do not fail to cooperate in narcotics matters; and that do not engage in a consistent pattern of gross violations of internationaly recognized human rights. "(b) There is hereby authorized to be appropriated without fiscal year limitation $500,000,000 for the contribution authorized in subsection (a).". "(c) If an Enterprise for the Americas Multilateral Investment Fund is established pursuant to this section, the Secretary of the Treasury shall instruct the United States representative to the Fund not to vote in favor of any action proposed to be taken by the Fund which may have a significant adverse effect on the environment unless an assessment of the impact of the action on the environment has been available for at least 120 days before the vote.". CAPITAL PROJECT AND CASH PAYMENT ASSISTANCE SEC. 595. (a) ALLOCATION OF FUNDS. —(1) Of the funds appropriated by this Act under the headings "Economic Support Fund" (excluding funds earmarked for Israel), "Philippines Assistance", "Assistance for Eastern Europe and the Baltic States", and "Assistance for the New Independent States of the Former Soviet Union", an amount substantially equal to 10 percent of the aggregate amount appropriated under such headings shall be made available for developmentally-soimd and sustainable capital projects and investment activities as defined in subsection (d). (2) Funds made available under subsection (a)(1) for capital projects in excess of $15,000,000 shall be subject to the regular notification procedures of the (Committees on Appropriations, (b) STUDY OF CASH PAYMENT ASSISTANCE. — (1) SCOPE.—The Comptroller General of the United States shall conduct a study of cash payment assistance. Such study shall include the amounts of assistance provided under this Act as cash payment assistance, the purpose and recipients of cash payment assistance, the extent to which commodity or capital financing were explored in lieu of such cash assistance to achieve the purpose, an analysis of the purposes of cash payment assistance, accountability for and monitoring of how such assistance is used by recipients, the feasibility of separate accounting procedures for countries that use cash payments for the purchase of United States goods and services or the repayment of debt owed to the United States Government,