HR 132 · 116th Congress · International Affairs

North American Development Bank Improvement Act of 2019

Introduced 2019-01-03· Sponsored by Rep. Cuellar, Henry [D-TX-28]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 23.(2019-09-20)

Plain Language Summary

[AI summary unavailable — showing source text] 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 Office

H.R. 132, North American Development Bank Improvement and Pollution Solution Act of 2019

Oct 23, 2019

As 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