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S. 4997 · 116th Congress

Inter-American Development Bank General Capital Increase Act of 2020

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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.

1 cosponsor · 1 R

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

Inter-American Development Bank General Capital Increase Act of 2020

What it does: CRS summary · 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.

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

About this bill and sources

Official title: Inter-American Development Bank General Capital Increase Act of 2020

Latest action (Dec 10, 2020): Read twice and referred to the Committee on Foreign Relations.

Policy area: International Affairs · Origin: Senate · Introduced: Dec 10, 2020

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

No recorded floor vote found.