Inter-American Development Bank General Capital Increase Act of 2021
- Last Action
- 3/6/2021
Actions
- 2021-03-06Read twice and referred to the Committee on Foreign Relations.
- 2021-03-06Introduced in Senate
CRS Summary
As of 2021-03-06 (00)
Inter-American Development Bank General Capital Increase Act of 2021
This bill requires the President to support and coordinate diplomatic engagement to secure a 10th general capital increase for the Inter-American Development Bank (IDB) and to support the creation of an environmental fund and financing facility at the IDB. The bill also authorizes the U.S. Governor of the IDB to vote in favor an $80 billion increase in the capital stock of the IDB and to subscribe on behalf of the United States to additional shares of this capital stock.
Cosponsors (4)
- Marco Rubio (R-FL)
- Timothy Kaine (D-VA)
- Bill Cassidy (R-LA)
- Ben Cardin (D-MD)
Subjects
- Cardiovascular and respiratory health
- Caribbean area
- Congressional oversight
- Diplomacy, foreign officials, Americans abroad
- Economic development
- Emergency medical services and trauma care
- Environmental regulatory procedures
- Foreign aid and international relief
- Foreign loans and debt
- Infectious and parasitic diseases
- International organizations and cooperation
- Land use and conservation
- Latin America
- Multilateral development programs
- Natural disasters
- Performance measurement
- Refugees, asylum, displaced persons
- Venezuela
- Western Hemisphere
Sourced from Congress.gov (public domain).
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