Report on status of Afghan Fund

(a) In general Not later than 90 days after the date of the enactment of this Act, and every 180 days thereafter for the following 5 years, the Secretary of State, in consultation with the Secretary of the Treasury, shall submit a report to the appropriate congressional committees regarding the status of the Afghan Fund. (b) Matters to be included The report required under subsection (a) shall, to the extent possible, include— (1) a list of Taliban members working at Da Afghanistan Bank or serving on the Bank’s board; 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. (c) Rescission of funding for Afghan reconstruction activities for deficit reduction purposes (1) Rescission There is hereby rescinded all of the unobligated balances from the amounts appropriated or otherwise made available for reconstruction activities in Afghanistan through any of the following funds, programs, or accounts: (A) The Afghanistan Security Forces Fund (ASFF). (B) The Economic Support Fund (ESF). (C) International Narcotics Control and Law Enforcement (INCLE). (D) The Commanders’ Emergency Response Program (CERP). (E) Drug Interdiction and Counter-Drug Activities (DICDA). (F) Migration and Refugee Assistance (MRA). (G) International Disaster Assistance (IDA). (H) Non-Proliferation, Antiterrorism, Demining, and Related (NADR). (I) Commander’s Emergency Response Program (CERP) (J) Afghanistan Infrastructure Fund (AIF) (K) Development Assistance (DA) (L) Task Force for Business and Stability Operations (TFBSO) (M) Global Health Programs (GHP) (N) Contributions to International Organizations (CIO) (O) U.S. Agency for Global Media (USAGM) (P) U.S. International Development Finance Corporation (DFC) (Q) Drug Enforcement Administration (DEA) (R) Educational and Cultural Exchange Programs (ECE) (S) USAID-Other (Other) (T) Commodity Credit Corp (CCC) (U) Human Rights and Democracy Fund (HRDF) (2) Appropriation The amount rescinded under paragraph (1) shall be transferred to the general fund of the Treasury and be applied to deficit reduction.