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S. 1593 · 111th Congress

Social Investment and Economic Development for the Americas Act of 2010

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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

3 cosponsors · 2 D, 1 R

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Social Investment and Economic Development for the Americas Act of 2010 - Amends the Foreign Assistance Act of 1961 to direct the President, acting through the United States Agency for International Development (USAID) and working with governments and civil society in the Americas (all the countries of North America, Central America, South America, and the…

What it does: CRS summary · Introduced in Senate · Aug 6, 2009

Social Investment and Economic Development for the Americas Act of 2010 - Amends the Foreign Assistance Act of 1961 to direct the President, acting through the United States Agency for International Development (USAID) and working with governments and civil society in the Americas (all the countries of North America, Central America, South America, and the Caribbean), to provide assistance to reduce poverty, expand the middle class, and foster increased economic opportunity by promoting education, improving health and disease prevention, increasing access to income generating activities, reducing crime, generating rural development, reducing poverty and inequality, eliminating the exclusion of marginalized populations, and strengthening the rule of law, governance, and democracy through the establishment of independent judiciaries, efficient processes to adjudicate claims, and effective law enforcement institutions.

Authorizes appropriations for debt and equity financing for a Microfinance Growth Fund for the Americas.

Directs the Secretary of State to: (1) establish an advisory group on the feasibility of establishing a new public-private Fund for Social and Economic Development in the Americas; (2) conduct a joint study to determine the best strategy for increasing the use of renewable energy sources in the Americas; and (3) work with interested governments in Central America, South America, the Caribbean, and Mexico (the Region) to study mechanisms to facilitate regional and hemispheric carbon trading.

Authorizes appropriations to USAID: (1) for labor and environmental capacity building activities relating to the implementation of trade promotion agreements; (2) for programs in the Americas to reduce global warming; (3) to support activities in the Region involving adaptation to, and reduction in the negative impact of, environmental changes brought about by global warming and activities promoting sustainable forest management and reduction of deforestation.

Expresses support for the establishment of an Energy and Climate Partnership of the Americas.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Social Investment and Economic Development for the Americas Act of 2010

Latest action (Aug 6, 2009): Read twice and referred to the Committee on Foreign Relations.

Policy area: International Affairs · Origin: Senate · Introduced: Aug 6, 2009

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.