HR 132 · 116th Congress · International Affairs
North American Development Bank Improvement Act of 2019
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 23.(2019-09-20)
Plain Language Summary
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North American Development Bank Improvement Act of 2019 This bill authorizes the Department of the Treasury to provide a capital increase for the North American Development Bank, a financial institution the United States and Mexico created to develop infrastructure that protect the environment along their shared border. Treasury may subscribe to and purchase 150,000 shares of the bank's capital stock, to the extent that funds are appropriated for such a purpose. Treasury shall support projects related to water pollution and conservation, waste treatment, natural gas and energy security, expanding land border crossings, and reducing pollution related to such traffic. It shall also support developing various performance measures at the bank and report to Congress about its progress imposing such measures.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 132, North American Development Bank Improvement and Pollution Solution Act of 2019
Oct 23, 2019As ordered reported by the House Committee on Financial Services on September 20, 2019
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (9)
5 Democrats4 Republicans