H.R. 132 · 116th Congress
North American Development Bank Improvement Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
CuellarSponsor8 cosponsors · 5 D, 3 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in House · Jan 3, 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: North American Development Bank Improvement Act of 2019
Latest action (Sep 20, 2019): Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 23.
Policy area: International Affairs · Origin: House · Introduced: Jan 3, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.