African Development Foundation Termination Act of 2026

119 HR 7605 IH: African Development Foundation Termination Act of 2026 U.S. House of Representatives 2026-02-20 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 2d Session H. R. 7605 IN THE HOUSE OF REPRESENTATIVES February 20, 2026 Mr. Burchett introduced the following bill; which was referred to the Committee on Foreign Affairs A BILL To abolish the United States African Development Foundation. 1. Short title This Act may be cited as the African Development Foundation Termination Act of 2026 . 2. Abolishment of the United States African Development Foundation The United States African Development Foundation (in this Act referred to as the Foundation ) is hereby abolished effective on the date that is 120 days after the date of the enactment of this Act. 3. Wind-down and transfer of assets (a) Conclusion period During the 120-day period beginning on the date of the enactment of this Act, the President shall take such actions as may be necessary to conclude the outstanding affairs of the Foundation. (b) Transfer of remaining funds and property (1) Unexpended balances Any unexpended balances of appropriations, allocations, or other funds available to the Foundation shall be deposited into the general fund of the Department of the Treasury. (2) Assets including records All assets, liabilities, contracts, property, and records of the Foundation shall be transferred to the Department of State, as determined by the Director of the Office of Management and Budget, solely for the purpose of liquidation or oversight of existing multi-year grants until their expiration. (c) No new awards No new grants, loans, loan guarantees, or project agreements may be entered into by the Foundation on or after the date of the enactment of this Act. 4. Repeal of the African Development Foundation Act (a) Repeal The African Development Foundation Act (title V of Public Law 96–533 ; 22 U.S.C. 290h et seq. ) is repealed. (b) Conforming amendments The Secretary of State shall submit to Congress a report containing proposed legislation making such technical and conforming amendments to the United States Code as are necessary to reflect the repeal made by subsection (a). 5. Personnel The Foundation shall provide appropriate notice to employees of the Foundation in accordance with applicable Federal law regarding reductions in force, including the principles set forth in sections 3501 through 3504 of title 5, United States Code, and regulations prescribed thereunder.