Development finance loan principal capped at $15,000,000,000
Making further consolidated appropriations for the fiscal year ending September 30, 2026, and for other purposes, section 6, Sec. 6.
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Development finance loan principal capped at $15,000,000,000
The document says “shall not”Who acts: United States International Development Finance CorporationHow: statuteSec. 6 in the PDF
What the document says
“That the total loan principal or guaranteed principal amount shall not exceed $15,000,000,000.”
Division F caps the total loan principal or guaranteed principal amount under the account at $15,000,000,000. Amounts obligated in a fiscal year stay available for disbursement for the following eight fiscal years.
What the document actually says
“That the total loan principal or guaranteed principal amount shall not exceed $15,000,000,000.”
That sentence, in plain words
The total money lent may not pass 15 billion dollars. Money backed by a promise counts too.
What this is about
The lending helps projects in other countries. It is a cap on how much may be lent or backed at once.
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number against the Act itself before publishing. The paragraph underneath is our summary,
not the document's words. So is the plain English version, which is why it sits beside the
quotation rather than replacing it.
