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.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Foreign Relations.
Introduced in Senate
Read twice and referred to the Committee on Foreign Relations.
International Affairs
Cardiovascular and respiratory healthCaribbean areaCongressional oversightDiplomacy, foreign officials, Americans abroadEconomic developmentEmergency medical services and trauma careEnvironmental regulatory proceduresForeign aid and international reliefForeign loans and debtInfectious and parasitic diseasesInternational organizations and cooperationLand use and conservationLatin AmericaMultilateral development programsNatural disastersPerformance measurementRefugees, asylum, displaced personsVenezuelaWestern HemisphereWildlife conservation and habitat protectionWorld health
Inter-American Development Bank General Capital Increase Act of 2020
USA116th CongressS-4997| Senate
| Updated: 12/10/2020
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.
Cardiovascular and respiratory healthCaribbean areaCongressional oversightDiplomacy, foreign officials, Americans abroadEconomic developmentEmergency medical services and trauma careEnvironmental regulatory proceduresForeign aid and international reliefForeign loans and debtInfectious and parasitic diseasesInternational organizations and cooperationLand use and conservationLatin AmericaMultilateral development programsNatural disastersPerformance measurementRefugees, asylum, displaced personsVenezuelaWestern HemisphereWildlife conservation and habitat protectionWorld health