# 22 U.S.C. § 2431e: Reduction of debt owed to United States as result of credits extended under title I of Food for Peace Act

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t22_s2431e

## Section

- **Citation:** 22 U.S.C. § 2431e
- **Heading:** Reduction of debt owed to United States as result of credits extended under title I of Food for Peace Act
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** September 9, 2026
- **Source:** Publisher's official text
- **Location:** Title 22—FOREIGN RELATIONS AND INTERCOURSE > CHAPTER 32—FOREIGN ASSISTANCE > SUBCHAPTER IV—DEBT REDUCTION FOR DEVELOPING COUNTRIES WITH TROPICAL FORESTS

## Text

Notwithstanding any other provision of law, the President may reduce the amount owed to the United States (or any agency of the United States) that is outstanding as of January 14, 2019 , as a result of any credits extended under title I of the Food for Peace Act ( 7 U.S.C. 1701 et seq.) to a country eligible for benefits from the Facility.

( Pub. L. 87–195 , pt. V, § 807, as added Pub. L. 105–214, § 1 , July 29, 1998 , 112 Stat. 888 ; amended Pub. L. 108–323, § 3(b) , Oct. 6, 2004 , 118 Stat. 1219 ; Pub. L. 110–246, title III, § 3001(b)(1) , (2)(Q), June 18, 2008 , 122 Stat. 1820 ; Pub. L. 115–440 , §§ 6, 9(b)(3), Jan. 14, 2019 , 132 Stat. 5582 , 5584.)

## Nearby sections

- [22 U.S.C. § 2430 Purpose](https://www.frixlaw.com/law-library/statutes/usc_t22_s2430.md)
- [22 U.S.C. § 2430a Definitions](https://www.frixlaw.com/law-library/statutes/usc_t22_s2430a.md)
- [22 U.S.C. § 2430b Eligibility for benefits](https://www.frixlaw.com/law-library/statutes/usc_t22_s2430b.md)
- [22 U.S.C. § 2430c Reduction of certain debt](https://www.frixlaw.com/law-library/statutes/usc_t22_s2430c.md)
- [22 U.S.C. § 2430d Repayment of principal](https://www.frixlaw.com/law-library/statutes/usc_t22_s2430d.md)
- [22 U.S.C. § 2430e Interest on new obligations](https://www.frixlaw.com/law-library/statutes/usc_t22_s2430e.md)
- [22 U.S.C. § 2430f Enterprise for the Americas Funds](https://www.frixlaw.com/law-library/statutes/usc_t22_s2430f.md)
- [22 U.S.C. § 2430g Americas Framework Agreements](https://www.frixlaw.com/law-library/statutes/usc_t22_s2430g.md)
- [22 U.S.C. § 2430h Enterprise for the Americas Board](https://www.frixlaw.com/law-library/statutes/usc_t22_s2430h.md)
- [22 U.S.C. § 2430i Annual reports to Congress](https://www.frixlaw.com/law-library/statutes/usc_t22_s2430i.md)
- [22 U.S.C. § 2431 Findings and purposes](https://www.frixlaw.com/law-library/statutes/usc_t22_s2431.md)
- [22 U.S.C. § 2431a Definitions](https://www.frixlaw.com/law-library/statutes/usc_t22_s2431a.md)
- [22 U.S.C. § 2431b Establishment of Facility](https://www.frixlaw.com/law-library/statutes/usc_t22_s2431b.md)
- [22 U.S.C. § 2431c Eligibility for benefits](https://www.frixlaw.com/law-library/statutes/usc_t22_s2431c.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t22_s2431e. Check the current official text before relying on it. Not legal advice.