22 U.S.C. § 7701 — Purposes

Page 1997 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 7701 lateral global HIV/AIDS assistance pursuant to section 7671 of this title’’ in introductory provisions. 2008—Subsec. (a). Pub. L. 110–293, § 403(1), amended subsec. (a) generally. Prior to amendment, text read as follows: ‘‘For fiscal years 2006 through 2008, not less than 55 percent of the amounts appropriated pursuant to the authorization of appropriations under section 7671 of this title for HIV/AIDS assistance for each such fiscal year shall be expended for therapeutic medical care of individuals infected with HIV, of which such amount at least 75 percent should be expended for the purchase and distribution of antiretroviral pharma- ceuticals and at least 25 percent should be expended for related care. For fiscal years 2006 through 2008, not less than 33 percent of the amounts appropriated pursuant to the authorization of appropriations under section 7671 of this title for HIV/AIDS prevention consistent with section 2151b–2(d) of this title for each such fiscal year shall be expended for abstinence-until-marriage programs.’’ Subsec. (b). Pub. L. 110–293, § 403(2), substituted ‘‘fis- cal years 2009 through 2013’’ for ‘‘fiscal years 2006 through 2008’’ and ‘‘other children affected by, or vul- nerable to,’’ for ‘‘vulnerable children affected by’’. Subsecs. (c), (d). Pub. L. 110–293, § 403(3), added sub- secs. (c) and (d). § 7674. Assistance from the United States private sector to prevent and reduce HIV/AIDS in sub-Saharan Africa It is the sense of Congress that United States businesses should be encouraged to provide as- sistance to sub-Saharan African countries to prevent and reduce the incidence of HIV/AIDS in sub-Saharan Africa. In providing such assist- ance, United States businesses should be encour- aged to consider the establishment of an HIV/ AIDS Response Fund in order to provide for co- ordination among such businesses in the collec- tion and distribution of the assistance to sub- Saharan African countries. (Pub. L. 108–25, title IV, § 404, May 27, 2003, 117 Stat. 746.) SUBCHAPTER V—INTERNATIONAL FINANCIAL INSTITUTIONS § 7681. Report on expansion of debt relief to non- HIPC countries (a) In general Not later than 90 days after May 27, 2003, the Secretary of the Treasury shall submit to Con- gress a report on— (1) the options and costs associated with the expansion of debt relief provided by the En- hanced HIPC Initiative to include poor coun- tries that were not eligible for inclusion in the Enhanced HIPC Initiative; (2) options for burden-sharing among donor countries and multilateral institutions of costs associated with the expansion of debt re- lief; and (3) options, in addition to debt relief, to en- sure debt sustainability in poor countries, par- ticularly in cases when the poor country has suffered an external economic shock or a nat- ural disaster. (b) Specific options to be considered Among the options for the expansion of debt relief provided by the Enhanced HIPC Initiative, consideration should be given to making eligible for that relief poor countries for which out- standing public and publicly guaranteed debt re- quires annual payments in excess of 10 percent or, in the case of a country suffering a public health crisis (as defined in section 262p–8(e) of this title), not more than 5 percent, of the amount of the annual current revenues received by the country from internal resources. (c) Enhanced HIPC Initiative defined In this section, the term ‘‘Enhanced HIPC Ini- tiative’’ means the multilateral debt initiative for heavily indebted poor countries presented in the Report of G–7 Finance Ministers on the Co- logne Debt Initiative to the Cologne Economic Summit, Cologne, June 18–20, 1999. (Pub. L. 108–25, title V, § 502, May 27, 2003, 117 Stat. 749.) § 7682. Authorization of appropriations (a) In general There are authorized to be appropriated to the President such sums as may be necessary for the fiscal year 2004 and each fiscal year thereafter to carry out section 262p–8 of this title. (b) Availability of funds Amounts appropriated pursuant to subsection (a) are authorized to remain available until ex- pended. (Pub. L. 108–25, title V, § 503, May 27, 2003, 117 Stat. 749.) CHAPTER 84—MILLENNIUM CHALLENGE Sec. 7701. Purposes. 7702. Definitions. 7703. Establishment and management of the Mil- lennium Challenge Corporation. 7704. Authorization of assistance. 7705. Candidate countries. 7706. Eligible countries. 7707. Congressional and public notification of can- didate countries, eligibility criteria, and el- igible countries. 7708. Millennium Challenge Compact. 7709. Congressional and public notification. 7710. Suspension and termination of assistance. 7711. Disclosure. 7712. Annual report. 7713. Powers of the Corporation; related provisions. 7714. Coordination with United States Agency for International Development. 7715. Assistance to certain candidate countries. 7716. General personnel authorities. 7717. Personnel outside the United States. 7718. Authorization of appropriations. § 7701. Purposes The purposes of this chapter are— (1) to provide United States assistance for global development through the Millennium Challenge Corporation, as described in section 7703 of this title; and (2) to provide such assistance in a manner that promotes economic growth and the elimi- nation of extreme poverty and strengthens good governance, economic freedom, and in- vestments in people. (Pub. L. 108–199, div. D, title VI, § 602, Jan. 23, 2004, 118 Stat. 211.) Page 1998 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 7702 Editorial Notes REFERENCES IN TEXT This chapter, referred to in text, was in the original ‘‘this title’’, meaning title VI of Pub. L. 108–199, div. D, Jan. 23, 2004, 118 Stat. 211, which is classified generally to this chapter. For complete classification of this title to the Code, see Short Title note set out below and Ta- bles. Statutory Notes and Related Subsidiaries SHORT TITLE OF 2024 AMENDMENT Pub. L. 118–159, div. E, title LI, § 5122(a), Dec. 23, 2024, 138 Stat. 2430, provided that: ‘‘This section [amending sections 7705 to 7708, 7712, and 7715 of this title] may be cited as the ‘Millennium Challenge Corporation Can- didate Country Reform Act’.’’ SHORT TITLE Pub. L. 108–199, div. D, title VI, § 601, Jan. 23, 2004, 118 Stat. 211, provided that: ‘‘This title [enacting this chap- ter and amending section 5313 of Title 5, Government Organizations and Employees, and section 9101 of Title 31, Money and Finance] may be cited as the ‘Millen- nium Challenge Act of 2003’.’’ § 7702. Definitions In this chapter: (1) Appropriate congressional committees The term ‘‘appropriate congressional com- mittees’’ means— (A) the Committee on International Rela- tions and the Committee on Appropriations of the House of Representatives; and (B) the Committee on Foreign Relations and the Committee on Appropriations of the Senate. (2) Board The term ‘‘Board’’ means the Board of Direc- tors of the Corporation established pursuant to section 7703(c) of this title. (3) Candidate country The term ‘‘candidate country’’ means a country that meets the requirements of sec- tion 7705 of this title. (4) Chief Executive Officer The term ‘‘Chief Executive Officer’’ means the chief executive officer of the Corporation appointed pursuant to section 7703(b) of this title. (5) Compact The term ‘‘Compact’’ means a Millennium Challenge Compact described in section 7708 of this title. (6) Corporation The term ‘‘Corporation’’ means the Millen- nium Challenge Corporation established by section 7703(a) of this title. (7) Eligible country The term ‘‘eligible country’’ means a can- didate country that is determined, under sec- tion 7706 of this title, to be an eligible country to receive assistance under section 7704 of this title. (8) Investments in the people The term ‘‘investments in the people’’ means government policies or programs of an eligible country that promote the health, edu- cation, and other factors which contribute to the well-being and productivity of their peo- ple, such as decent, affordable housing for all. (Pub. L. 108–199, div. D, title VI, § 603, Jan. 23, 2004, 118 Stat. 211; Pub. L. 108–447, div. D, title V, § 534(q), Dec. 8, 2004, 118 Stat. 3008.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in text, was in the original ‘‘this title’’, meaning title VI of Pub. L. 108–199, div. D, Jan. 23, 2004, 118 Stat. 211, which is classified generally to this chapter. For complete classification of this title to the Code, see Short Title note set out under section 7701 of this title and Tables. AMENDMENTS 2004—Par. (8). Pub. L. 108–447 added par. (8). Statutory Notes and Related Subsidiaries CHANGE OF NAME Committee on International Relations of House of Representatives changed to Committee on Foreign Af- fairs of House of Representatives by House Resolution No. 6, One Hundred Tenth Congress, Jan. 5, 2007. § 7703. Establishment and management of the Millennium Challenge Corporation (a) Establishment There is established in the executive branch a corporation to be known as the ‘‘Millennium Challenge Corporation’’ that shall be responsible for carrying out this chapter. The Corporation shall be a government corporation, as defined in section 103 of title 5. (b) Chief Executive Officer (1) In general There shall be in the Corporation a Chief Ex- ecutive Officer who shall be responsible for the management of the Corporation. (2) Appointment (A) In general Except as provided in subparagraph (B), the Chief Executive Officer shall be ap- pointed by the President, by and with the advice and consent of the Senate. (B) Interim CEO The members of the Board of Directors de- scribed in subsection (c)(3)(A) may designate by unanimous consent in writing an indi- vidual who is an officer within any Federal department or agency (and who has been ap- pointed to such position by the President, by and with the advice and consent of the Sen- ate) to carry out the duties described in this subsection until the Chief Executive Officer is appointed pursuant to subparagraph (A). (3) Relationship to Board The Chief Executive Officer shall report to and be under the direct authority of the Board. (4) Compensation and rank (A) In general The Chief Executive Officer shall be com- pensated at the rate provided for level II of