Pub. L. 114-113, div. K, tit. IX (as amended)

9003.(a)Report.—Not later than 180 days after the date of enactment of this Act, the Director of the Congressional Budget Office shall submit a report to the appropriate congressional committees on the methodology used and rationale for incorporating market risk in cost estimates for the International Monetary Fund: Provided, That for the purposes of this subsection, the term appropriate congressional committees means—(1)the Committees on Appropriations, Budget, Banking, Housing and Urban Affairs, and Foreign Relations of the Senate; and(2)the Committees on Appropriations, Budget, and Financial Services of the House of Representatives.(b)Requirements.—The report submitted pursuant to subsection (a) shall include matters relevant to the evaluation of the budgetary effects of the participation of the United States in the International Monetary Fund, including the risks associated with—(1)the current participation of the United States in the International Monetary Fund, including the market risk of the Fund;(2)countries borrowing from the Fund;(3)the various loan instruments and assistance activities of the Fund; and(4)past participation of the United States in the International Monetary Fund, including the historical net cost to the government of previous quota increases.(c)Review.—Following the submission of the report required by subsection (a), the Committees on Appropriations and Budget of the Senate and the Committees on Appropriations and Budget of the House of Representatives shall review the Congressional Budget Office’s market risk scoring methodology and consider options for modifying the budgetary treatment of new appropriations to the International Monetary Fund: Provided, That in conducting such review, such committees should consult with other interested parties, including the Office of Management and Budget and the Congressional Budget Office.