What this amendment does is approve on behalf of the United States various amendments to the constitution of the Intergovernmental Committee for European Migration. the organization already known by the designation "ICM." for Intergovernmental Committee for Migrationin recognition of its world wide role. extending well beyond the European region that was its province when it was founded in the early 1950s. The most notable change that the amendment would facilitate is in the name of the organization. from ICM to IOM. for "International Organization for Migration." It was felt by the members of the organization that calling it a "committee" was inappropriate for an organization of 33member States. and that the title "International Organization for Migration." or IOM. in fact more accurately reflects the actual nuture. and responsibilities. or the organization. Other changes that would be approved through this amendment are designed to update the organizations constitution to reflect more accurately the kinds of migration and refugee assistance activities that ICM now conducts. to update provisions regarding the failure of member States to meet their financial obligations. and to improve the financial management of the organization. Mr. President. the U.S.