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North American Development Bank’s Pollution Solution Act

USA116th CongressHR-3895| House 
| Updated: 7/23/2019
Juan Vargas

Juan Vargas

Democratic Representative

California

Cosponsors (3)
Susan A. Davis (Democratic)Scott H. Peters (Democratic)Mike Levin (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Jul 23, 2019
Introduced in House
Jul 23, 2019
Referred to the House Committee on Financial Services.
  • July 23, 2019
    Introduced in House


  • July 23, 2019
    Referred to the House Committee on Financial Services.

International Affairs

Related Bills

  • HR 116-132: North American Development Bank Improvement Act of 2019
  • S 116-267: North American Development Bank Improvement Act of 2019
Congressional oversightEnvironmental healthForeign loans and debtGovernment trust fundsInfrastructure developmentLatin AmericaMexicoMultilateral development programsNorth AmericaPerformance measurementSolid waste and recyclingWater qualityWater use and supply

North American Development Bank’s Pollution Solution Act

USA116th CongressHR-3895| House 
| Updated: 7/23/2019
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 23, 2019
Introduced in House
Jul 23, 2019
Referred to the House Committee on Financial Services.
  • July 23, 2019
    Introduced in House


  • July 23, 2019
    Referred to the House Committee on Financial Services.
Juan Vargas

Juan Vargas

Democratic Representative

California

Cosponsors (3)
Susan A. Davis (Democratic)Scott H. Peters (Democratic)Mike Levin (Democratic)

Financial Services Committee

International Affairs

Related Bills

  • HR 116-132: North American Development Bank Improvement Act of 2019
  • S 116-267: North American Development Bank Improvement Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Congressional oversightEnvironmental healthForeign loans and debtGovernment trust fundsInfrastructure developmentLatin AmericaMexicoMultilateral development programsNorth AmericaPerformance measurementSolid waste and recyclingWater qualityWater use and supply