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H.R. 132

North American Development Bank Improvement Act of 2019

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.


Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 23.

Rep. Cuellar, Henry [D-TX-28](D-TX)Sponsor
9 cosponsors5 D4 R
9cosponsors1committees7actions4related bills16subjects
  1. Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 23.

    Financial Services Committee
  2. Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  3. Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  4. Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  5. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  6. IntroReferralIntro-H

    Introduced in House

  7. IntroReferral1000

    Introduced in House

North American Development Bank Improvement Act of 2019 — Informed