HR 2403 · 100th Congress · International Affairs

International Financial Institutions Amendments of 1987

Introduced 1987-05-13· Sponsored by Del. Fauntroy, Walter E. [D-DC-At Large]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Forwarded by Subcommittee to Full Committee (Amended).(1987-06-02)

Plain Language Summary

[AI summary unavailable — showing source text] International Financial Institutions Amendments of 1987 - Title I: Replenishments and Capital Increases Authorized - Amends the International Development Association Act to authorize the United States Governor to pay a specified amount on behalf of the United States to the International Development Association to the eighth replenishment of the resources of the Association. Authorizes appropriations for such contribution. Amends the Asian Development Bank Act to authorize the United States Governor of the Asian Development Bank to contribute a specified amount on behalf of the United States to the Asian Development Fund. Authorizes appropriations for such contribution. Amends the African Development Bank Act to authorize the United States Governor of the African Development Bank to agree to subscribe on behalf of the United States to a specified number of shares of capital stock of the Bank. Authorizes appropriations for such subscription. Amends the Inter-American Development Bank Act to authorize the United States Governor of the Inter-American Development Bank to agree to and to accept the amendments to the Articles of Agreement in the proposed resolution entitled "Merger of Int…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican