S. 1023 — what changed

“(10) Coral—The term coral means species of the phylum Cnidaria, including—

“(A) all species of the orders Antipatharia (black corals), Scleractinia (stony corals), Alcyonacea (soft corals), Gorgonacea (horny corals), Stolonifera (organpipe corals and others), and Coenothecalia (blue coral), of the class Anthoza; and

“(B) all species of the order Hydrocorallina (fire corals and hydrocorals) of the class Hydrozoa.

“(11) Coral reef—The term coral reef means any reef or shoal composed primarily of coral.

“(12) Coral reef ecosystem—The term coral reef ecosystem means any coral reef and any coastal marine ecosystem surrounding, or directly related to, a coral reef and important to maintaining the ecological integrity of that coral reef, such as seagrasses, mangroves, sandy seabed communities, and immediately adjacent coastal areas.”

changed Section 805(a) of the Tropical Forest and Coral Reef Conservation Reauthorization Act of 2017 1998 (22 U.S.C. 2431c(a)), as renamed by section 2(a), is amended by striking “tropical forest” and inserting “tropical forest, non-tropical forest, or coral reef”.amended—

added “(1) whose government is democratically elected;

added “(2) whose government has not repeatedly provided support for acts of international terrorism;

added “(3) whose government is not failing to cooperate on international narcotics control matters;

added “(4) whose government (including its military or other security forces) does not engage in a consistent pattern of gross violations of internationally recognized human rights;

added “(5) that has in effect, has received approval for, or is making significant progress toward—

added “(A) an International Monetary Fund standby arrangement, extended Fund arrangement, or an arrangement under the structural adjustment facility or enhanced structural adjustment facility, or a Fund monitored program, or is implementing sound macroeconomic policies, unless the President determines that such an arrangement or program could reasonably be expected to have significant adverse social or environmental effect; and

added “(B) as appropriate, structural or sectoral adjustment loans from the International Bank for Reconstruction and Development or the International Development Association, unless the President determines that the resulting adjustment requirements could reasonably be expected to have significant adverse social or environmental effects;

added “(6) if appropriate, has agreed with its commercial bank lenders on a satisfactory financing program, including, as appropriate, debt or debt service reduction; and”

changed Section 808(a)(5) 807(a)(1) of the Tropical Forest and Coral Reef Conservation Reauthorization Act of 2017 1998 (22 U.S.C. 2431f(a)(5)), 2431e(a)(1)), as renamed by section 2(a), is amended by adding at striking “outstanding as of January 1, 1998,” and inserting “outstanding as of the end date of the following new subparagraph:enactment of the Tropical Forest Conservation Reauthorization Act of 2018”.

removed “(C) United States Government representation on the administering body—One or more individuals appointed by the United States Government may serve in an official capacity on the administering body that oversees the implementation of grants arising from a debt-for-nature swap or debt buyback regardless of whether the United States is a party to any agreement between the eligible purchaser and the government of the beneficiary country.”

added Section 808(a)(5) of the Tropical Forest and Coral Reef Conservation Act of 1998 (22 U.S.C. 2431f(a)(5)), as renamed by section 2(a), is amended by adding at the end the following new subparagraph:

added “(C) United States Government representation on the administering body—One or more individuals appointed by the United States Government shall serve in an official capacity on the administering body that oversees the implementation of grants arising from a debt-for-nature swap or debt buyback regardless of whether the United States is a party to any agreement between the eligible purchaser and the government of the beneficiary country.”

removed “(f) Review of larger grants—Any grant of more than $250,000 from a Fund must be approved by the Government of the United States and the government of the beneficiary country.”

added “(f) Review of larger grants—Any grant of more than $250,000 from a Fund must be approved by the Government of the United States and the government of the beneficiary country.”

changed Section 813 of the Tropical Forest and Coral Reef Conservation Reauthorization Act of 2017 1998 (22 U.S.C. 2431k), as renamed by section 2(a), is amended—

changed Section 703(a)(5) 806 of the Foreign Assistance Tropical Forest and Coral Reef Conservation Act of 1961 1998 (22 U.S.C. 2430b(a)(5)) 2431d), as renamed by section 2(a), is amended—

added “(7) $20,000,000 for fiscal year 2019.

added “(8) $20,000,000 for fiscal year 2020.”

added “(e) Use of funds To conduct program audits, evaluations, monitoring, and administration—Of the amounts made available to carry out this part for a fiscal year, $300,000 is authorized to be made available to carry out audits, evaluations, monitoring, and administration of programs under this part, including personnel costs associated with such audits, evaluations, monitoring and administration.”