HR 3740 · 100th Congress · Foreign Trade and International Finance
International Financial Institutions Amendments of 1987
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on International Development Institutions and Finance.(1987-12-15)
Plain Language Summary
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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 of the International Development Association to pay a specified amount on behalf of the United States to the 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 enti…
Summarized by Claude AI · Non-partisan · For informational purposes only