International Financial Institution Reform and Authorization Act of 1997

Summary

International Financial Institution Reform and Authorization Act of 1997 - Amends the International Development Association Act to authorize appropriations, without fiscal year limitation, for the U.S. contribution to the 11th replenishment of the resources of the International Development Association. Amends the Asian Development Bank Act to authorize the U.S. Governor of the Asian Development Bank to contribute on behalf of the United States a specified amount to the Asian Development Fund. Authorizes appropriations. Amends the European Bank for Reconstruction and Development Act to authorize the U.S. Governor of the European Bank for Reconstruction and Development to subscribe on behalf of the United States to specified additional shares of the Bank's capital stock. Authorizes appropriations without fiscal year limitation. Amends the Inter-American Development Bank Act to authorize appropriations, without fiscal year limitation, for the U.S. capital subscription to the eighth general increase in the authorized capital stock of the Inter-American Development Bank. Amends the Bretton Woods Agreements Act to authorize the U.S. Governor of the International Monetary Fund (IMF) to contribute on behalf of the United States a specified amount to the Interest Subsidy Account of the successor to the Enhanced Structural Adjustment Facility of the IMF. Authorizes appropriations without fiscal year limitation. Increases: (1) the amount of loans (equivalent to Special Drawing Rights) the Secretary of the Treasury is authorized to make to the IMF; and (2) the authorization of appropriations for such loans.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 30 April 1997

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• Introduced in House (PDF)

  Introduced in House · EN · 30 April 1997

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• Introduced in House

  summary · EN · 30 April 1997

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