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H.R. 7006IntroducedHouseSenate · nowPresidentLawIn the Senate
Sec. 7061 · H.R. 7006

Untitled section

Division B — National Security, Department of State, and Related Programs Appropriations Act, 2026 › Title VII — GENERAL PROVISIONS

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Introduced → Passed the House · Sec. 7061

In order to enhance the continued participation of nongovernmental organizations in debt-for-development and debt-for-nature exchanges, a nongovernmental organization which is a grantee or contractor of the Department of State may place in interest bearing accounts local currencies which accrue to that organization as a result of economic assistance provided under title III of this Act and, subject to the regular notification procedures of the Committees on Appropriations, any interest earned on such investment shall be used for the purpose for which the assistance was provided to that organization.

•HR 7006 EHSEC. 7061

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