S.Amdt. 2464Senate118th Congress (2023-2025)
S.Amdt. 2464
Sponsored by
Sen. Benjamin L. Cardin (D-MD)
Submitted July 11, 2024
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Senate amendment submitted
July 11, 2024
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Submitted
SA 2464. Mr. CARDIN submitted an amendment intended to be proposed by him to the bill S. 4638, to authorize appropriations for fiscal year 2025 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows: At the end of subtitle F of title XII, add the following: SEC. 1291. INTERNATIONAL MONETARY FUND QUOTA. The Bretton Woods Agreements Act (22 U.S.C. 286 et seq.) is amended by adding at the end the following new section ``SEC. 75. QUOTA INCREASE. ``(a) In General.--The United States Governor of the Fund may consent to an increase in the United States quota in the Fund of the dollar equivalent of 41,497,100,000 Special Drawing Rights. ``(b) Subject to Appropriations.--The authority provided by subsection (a) shall be effective only to such extent and in such amounts as are provided in advance in appropriations Acts.''. SEC. 1292. EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT GENERAL CAPITAL INCREASE. The European Bank for Reconstruction and Development Act (22 U.S.C. 290l et seq.) is amended by adding at the end the following new paragraph: ``(13) Capital increase.-- ``(A) Subscription authorized.-- ``(i) In general.--The United States Governor of the Bank is authorized to subscribe on behalf of the United States to 40,000 additional shares of the paid-in capital stock of the Bank. ``(ii) Subject to appropriations.--Any subscription by the United States to additional paid-in capital stock of the Bank shall be effective only to such extent and in such amounts as are provided in advance in appropriations Acts. ``(B) Authorization of appropriations.--In order to pay for the increase in the United States subscription to the Bank under subparagraph (A), there are authorized to be appropriated, without fiscal year limitation, $439,100,000, for payment by the Secretary of the Treasury.''. ______