Inter-American Development Bank General Capital Increase Act of 2020
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Dec 10, 2020)
Inter-American Development Bank General Capital Increase Act of 2020
This bill requires the President to support and coordinate diplomatic engagement to secure a 10th general capital increase for the Inter-American Development Bank (IDB) and to support the creation of an environmental fund and financing facility at the IDB. The bill also authorizes the U.S. Governor of the IDB to vote in favor an $80 billion increase in the capital stock of the IDB and to subscribe on behalf of the United States to additional shares of this capital stock.
What just happenedDec 10, 2020
Read twice and referred to the Committee on Foreign Relations.
Who’s behind it
- Introduced in SenateDec 10, 2020
- Dec 10, 2020IntroReferral
Read twice and referred to the Committee on Foreign Relations.
Foreign Relations Committee - Dec 10, 2020IntroReferral10000
Introduced in Senate