S.Amdt. 3627

SA 3627. Mr. RISCH submitted an amendment intended to be proposed by
him to the bill S. 2296, to authorize appropriations for fiscal year
2026 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 E of title XII, add the following:

SEC. 1265. LIMITATION ON SUPPORT FOR GHANA AT INTERNATIONAL
MONETARY FUND UNTIL UNITED STATES BUSINESSES
ARE PAID.

(a) Determination.--Not later than 90 days after the date
of the enactment of this Act, and every 180 days thereafter,
the Secretary of Treasury, in coordination with the Secretary
of State, shall submit to Congress a determination as to
whether the Government of Ghana is meeting its commitments to
repay United States businesses as part of debt restructuring
of the International Monetary Fund for Ghana.
(b) Limitation on International Monetary Fund Support.--
(1) In general.--The Secretary of the Treasury shall direct
the United States Executive Director to the International
Monetary Fund to use the voice and vote of the United States
to oppose any loan, credit, grant, or other financial
assistance to the Government of Ghana until the Secretary of
State certifies that such assistance includes conditions
requiring--
(A) the Government of Ghana to settle all verified
financial obligations owed to United States businesses; and
(B) the establishment of verifiable payment terms to ensure
the timely fulfillment of such obligations.
(2) Verification of payment terms.--For purposes of
paragraph (1)(B), verifiable payment terms shall include--
(A) a clear schedule of payments to resolve outstanding
obligations within a specific timeframe;
(B) mechanisms for independent confirmation of payments to
United States businesses; and
(C) assurances that such payments are prioritized within
the commitments of the Government of Ghana under any program
of the International Monetary Fund.
(c) Report Required.--Not later than 180 days after the
date of the enactment of this Act, and every 180 days
thereafter, the Secretary of the Treasury, in coordination
with the Secretary of State, shall submit to the Committee on
Foreign Relations of the Senate and the Committee on Foreign
Affairs of the House of Representatives a report describing--
(1) the status of financial obligations owed by the
Government of Ghana to United States businesses;
(2) actions taken by the United States Executive Director
to the International Monetary Fund to advance the policy
described in this section; and
(3) progress by the Government of Ghana in meeting payment
obligations under any program of the International Monetary
Fund.
______