H.R. 8595
Making appropriations for national security, Department of State, and related programs for the fiscal year ending September 30, 2027, and for other purposes.
Sponsor: Mario Diaz-Balart · 0 cosponsors
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Official summary
Written by the Congressional Research Service.
National Security, Department of State, and Related Programs Appropriations Act, 2027
This bill provides FY2027 appropriations for national security, the Department of State, and related programs.
The bill provides appropriations to the State Department for
- Administration of Foreign Affairs,
- International Organizations, and
- International Commissions.
The bill provides appropriations for related programs, including
- the Asia Foundation,
- the Center for Middle Eastern-Western Dialogue Trust Fund,
- the Eisenhower Exchange Fellowship Program,
- the Israeli Arab Scholarship Program,
- the East-West Center, and
- the National Endowment for Democracy.
The bill provides appropriations for other commissions, including
- the Commission for the Preservation of America's Heritage Abroad,
- the U.S. Commission on International Religious Freedom,
- the Commission on Security and Cooperation in Europe,
- the Congressional-Executive Commission on the People's Republic of China, and
- the U.S.-China Economic and Security Review Commission.
The bill provides appropriations to
- the House Democracy Partnership,
- the Offices of Inspector General,
- the State Department and the President for International Security Assistance, and
- International Financial Institutions for Multilateral Assistance.
The bill provides appropriations for bilateral economic assistance, including programs and activities conducted by
- the President;
- Independent Agencies, including the Peace Corps, the Millennium Challenge Corporation, and the U.S. Foundation for Natural Security and Counterterrorism,
- the Department of the Treasury.
The bill provides appropriations for export and investment assistance to
- the Export-Import Bank of the United States,
- the U.S. International Development Finance Corporation, and
- the U.S. Trade and Development Agency.
The bill sets forth requirements and restrictions for using funds provided by this and other appropriations acts.
Text of the bill
A National Security, Department of State, and Related Programs Appropriations Act, 2027
I DEPARTMENT OF STATE AND RELATED PROGRAMS
II Oversight of Diplomatic Engagement and Foreign Assistance
III BILATERAL ECONOMIC ASSISTANCE
IV INTERNATIONAL SECURITY ASSISTANCE
V MULTILATERAL ASSISTANCE
VI EXPORT AND INVESTMENT ASSISTANCE
VII GENERAL PROVISIONS
(a) Separate accounts for local currencies
(1) Agreements. If assistance is furnished to the government of a foreign country under chapters 1 and 10 of part I or chapter 4 of part II of the Foreign Assistance Act of 1961 under agreements which result in the generation of local currencies of that country, the Secretary of State shall—
(A) require that local currencies be deposited in a separate account established by that government;
(B) enter into an agreement with that government which sets forth—
(i) the amount of the local currencies to be generated; and
(ii) the terms and conditions under which the currencies so deposited may be utilized, consistent with this section; and
(C) establish by agreement with that government the responsibilities of the Department of State and that government to monitor and account for deposits into and disbursements from the separate account.
(2) Uses of local currencies. As may be agreed upon with the foreign government, local currencies deposited in a separate account pursuant to subsection (a), or an equivalent amount of local currencies, shall be used only—
(A) to carry out chapter 1 or 10 of part I or chapter 4 of part II of the Foreign Assistance Act of 1961 (as the case may be), for such purposes as—
(i) project and sector assistance activities; or
(ii) debt and deficit financing; or
(B) for the administrative requirements of the United States Government.
(3) Programming accountability. The Department of State shall take all necessary steps to ensure that the equivalent of the local currencies disbursed pursuant to subsection (a)(2)(A) from the separate account established pursuant to subsection (a)(1) are used for the purposes agreed upon pursuant to subsection (a)(2).
(4) Termination of assistance programs. Upon termination of assistance to a country under chapter 1 or 10 of part I or chapter 4 of part II of the Foreign Assistance Act of 1961 (as the case may be), any unencumbered balances of funds which remain in a separate account established pursuant to subsection (a) shall be disposed of for such purposes as may be agreed to by the government of that country and the United States Government.
(b) Separate accounts for cash transfers
(1) In general. If assistance is made available to the government of a foreign country, under chapter 1 or 10 of part I or chapter 4 of part II of the Foreign Assistance Act of 1961, as cash transfer assistance or as nonproject sector assistance, that country shall be required to maintain such funds in a separate account and not commingle with any other funds.
(2) Notification. At least 15 days prior to obligating any such cash transfer or nonproject sector assistance, the President shall submit a notification through the regular notification procedures of the Committees on Appropriations, which shall include a detailed description of how the funds proposed to be made available will be used, with a discussion of the United States interests that will be served by such assistance (including, as appropriate, a description of the economic policy reforms that will be promoted by such assistance).
(3) Exemption. Nonproject sector assistance funds may be exempt from the requirements of paragraph (1) only through the regular notification procedures of the Committees on Appropriations.
VIII Additional general provision
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