African Development Bank Act

[AI summary unavailable — showing source text] Title I: International Bank for Reconstruction and Development - Amends the Bretton Woods Agreement Act to authorize the U.S. Governor of the International Bank for Reconstruction and Development to vote to increase the authorized capital stock of the Bank and to subscribe to a limited number of shares of such stock. Authorizes appropriations to pay for the paid-in portion of the U.S. subscription to the Bank. Makes any future subscription to additional shares effective only to the extent provided in advance by appropriation Acts. Title II: International Development Association - Amends the International Development Association Act to authorize the U.S. Governor to pay a specified sum as the U.S. contribution to the sixth replenishment of the Resources of the Association. Authorizes appropriations to pay for such contribution. Title III: African Development Bank--African Development Bank Act - Authorizes the President to accept membership for the United States in the African Development Bank. Provides for the appointment of a Governor and an Alternate Governor of such Bank. Makes U.S. participation in such Bank subject to the National Advisory Council on International Monetary and …