Millennium Challenge Corporation Eligibility Expansion Act
This bill modifies income-related eligibility requirements for assistance from the Millennium Challenge Corporation (MCC), a program that provides assistance through a competitive selection process to eligible developing countries based on various factors, including a country's level of economic freedom and effectiveness of government.
Currently, to be a candidate to receive MCC assistance, a country must, among other requirements, must (1) fit the World Bank's income-based criteria for a low- or lower-middle-income country, or (2) be among the 75 lowest per capita income countries according to the World Bank. Under this bill, a candidate country must have a gross national income per capita no higher than the 125th poorest country as identified by the World Bank for the fiscal year.
Millennium Challenge Corporation Eligibility Expansion Act
This bill modifies income-related eligibility requirements for assistance from the Millennium Challenge Corporation (MCC), a program that provides assistance through a competitive selection process to eligible developing countries based on various factors, including a country's level of economic freedom and effectiveness of government.
Currently, to be a candidate to receive MCC assistance, a country must, among other requirements, must (1) fit the World Bank's income-based criteria for a low- or lower-middle-income country, or (2) be among the 75 lowest per capita income countries according to the World Bank. Under this bill, a candidate country must have a gross national income per capita no higher than the 125th poorest country as identified by the World Bank for the fiscal year.
(consideration: CR H8279-8280)
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 334 - 87 (Roll no. 472).
(2/3 required): 334 - 87 (Roll no. 472). (text: CR H8198-8199)
Castro (TX) moved to suspend the rules and pass the bill.
(consideration: CR H8198-8200)
Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.