S. 616 · 117th Congress · Senate

Inter-American Development Bank General Capital Increase Act of 2021

Active· Read twice and referred to the Committee on Foreign Relations.
Introduced
Mar 6, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Inter-American Development Bank General Capital Increase Act of 2021

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.

Action Timeline

2
  1. MAR 06, 2021IntroReferral

    Introduced in Senate

  2. MAR 06, 2021IntroReferral

    Read twice and referred to the Committee on Foreign Relations.

Committees

1

Foreign Relations Committee

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Referred: Mar 6, 2021

Active