Authority to use portion of corporation fees to update information technology systems; transfer of funds

Section 1434 of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9634) is amended— (1) in subsection (d)— (A) in paragraph (1)— (i) in subparagraph (B), by adding and at the end; (ii) in subparagraph (C), by striking the semicolon at the end and inserting a period; and (iii) by striking subparagraph (D); and (B) in paragraph (2)— (i) in subparagraph (B), by striking and at the end; (ii) in subparagraph (C), by striking the period at the end and inserting a semicolon; and (iii) by adding at the end the following: (D) project-specific transaction costs; and (E) transfers and additions to such other accounts, funds, or reserves as the Corporation may establish, at such time and in such amounts as the Board may determine.; (2) in subsection (j), by inserting (i) title 10, United States Code, (ii) the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98 et seq.), or (iii) after funds authorized to be appropriated to carry out; and (3) in subsection (k)— (A) in paragraph (1), by inserting other direct costs associated with origination or monitoring services, including seminars, conferences, and other pre-investment services, after legal expenses,; and (B) in paragraph (2), by striking does not include and inserting includes.