2020 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 103 - Better Utilization of Investments Leading to Development
Subchapter V - Conditions, Restrictions, and Prohibitions
Sec. 9672 - Additionality and avoidance of market distortion
| 22 U.S.C. § 9672 (2020) |
| §9672. Additionality and avoidance of market distortion |
|
(a) In general
Before the Corporation provides support for a project under subchapter II of this chapter, the Corporation shall ensure that private sector entities are afforded an opportunity to support the project. (b) Safeguards, policies, and guidelinesThe Corporation shall develop appropriate safeguards, policies, and guidelines to ensure that support provided by the Corporation under subchapter II of this chapter— (1) supplements and encourages, but does not compete with, private sector support; (2) operates according to internationally recognized best practices and standards with respect to ensuring the avoidance of market distorting government subsidies and the crowding out of private sector lending; and (3) does not have a significant adverse impact on United States employment. |
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(Pub. L. 115–254, div. F, title V, §1452, Oct. 5, 2018, 132 Stat. 3509.) |
| United States Code, 2018 Edition, Supplement 2, Title 22 - FOREIGN RELATIONS AND INTERCOURSE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 103 - BETTER UTILIZATION OF INVESTMENTS LEADING TO DEVELOPMENT SUBCHAPTER V - CONDITIONS, RESTRICTIONS, AND PROHIBITIONS Sec. 9672 - Additionality and avoidance of market distortion |
| section 9672 |
| 2020 |
| January 13, 2021 |
| No |
| standard |
| 132 Stat. 3509 |
| Public Law 115-254 |
