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S. 226IntroducedSenate · nowHousePresidentLawIn committee
Sec. 5 · S. 226

Report on status of Afghan Fund

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(a) In general Not later than 60 days after the date of the enactment of this Act, and every 180 days thereafter, the Secretary of State, in consultation with the Administrator of the United States Agency for International Development and the Secretary of the Treasury, shall submit a report to the appropriate congressional committees that describes the status of the Afghan Fund. (b) Matters To be included The report required under subsection (a) shall include— (1) a list of Taliban members who are working at Da Afghanistan Bank or serving on the Bank’s Supreme Council; and (2) a description of— (A) the Taliban’s influence over Da Afghanistan Bank; (B) the Afghan Fund’s Board of Trustees, including how the Fund’s trustees were vetted and selected, and what United States agencies were involved in the vetting and selection process; (C) the conditions necessary for funds in the Afghan Fund to be released to Da Afghanistan Bank; (D) how the Afghan Fund’s Board of Trustees will decide on the type and appropriateness of the Fund’s activities, including what kind of information will inform the Board’s decisions and how the Board will collect and verify this information; and (E) a description of what controls have been put into place to ensure funds are not diverted to or misused by the Taliban or other actors when the Fund begins making disbursements.