North American Development Bank’s Pollution Solution Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 23, 2019)
North American Development Bank's Pollution Solution Act
This bill authorizes the Department of the Treasury to purchase additional stock in the North American Development Bank and directs Treasury to advocate for the bank to support environmentally beneficial projects.
Treasury shall advocate for the bank to (1) prioritize using the additional capital raised by the stock purchase to support environmentally beneficial infrastructure projects, and (2) streamline and accelerate such projects.
Treasury shall vote to establish within the bank the U.S.-Mexico Border Public Health Trust Fund. The fund shall support environmental infrastructure projects along the U.S.-Mexico border relating to water pollution, water conservation, municipal solid waste, and other related matters. The bill appropriates $400 million for payment into the trust fund.
What just happenedJul 23, 2019
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJul 23, 2019
- Jul 23, 2019IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jul 23, 2019IntroReferralIntro-H
Introduced in House
- Jul 23, 2019IntroReferral1000
Introduced in House