US HB2847 | 2015-2016 | 114th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 35-19)
Status: Introduced on June 23 2015 - 25% progression, died in committee
Action: 2015-06-23 - Referred to the House Committee on Foreign Affairs.
Pending: House Foreign Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Electrify Africa Act of 2015 This bill directs the President to establish a multiyear strategy to assist countries in sub-Saharan Africa implement national power strategies and develop an appropriate mix of power solutions, including renewable energy, to provide access to reliable, affordable, and sustainable power in order to reduce poverty and drive economic growth. The President is urged to: (1) establish an interagency working group to coordinate the activities of U.S. government departments and agencies involved in carrying out the strategy, and (2) use U.S. influence to leverage international support to promote the strategy. The U.S. Agency for International Development, the Trade and Development Agency, the Overseas Private Investment Corporation (OPIC), and the Millennium Challenge Corporation are urged to prioritize efforts and assistance for power projects and markets in sub-Saharan Africa. The Foreign Assistance Act of 1961 is amended to extend OPIC's issuing authority through September 30, 2018. OPIC is temporarily authorized to issue local currency guarantees to African subsidiaries of foreign financial institutions to facilitate eligible investor lending for power projects in sub-Saharan Africa. The President shall appoint and maintain an Inspector General in OPIC.

Tracking Information

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Title

Electrify Africa Act of 2015

Sponsors


History

DateChamberAction
2015-06-23HouseReferred to the House Committee on Foreign Affairs.
2015-06-23HouseIntroduced in House

Same As/Similar To

SB1933 (Related) 2015-08-04 - Read twice and referred to the Committee on Foreign Relations.
SB2152 (Related) 2016-02-08 - Became Public Law No: 114-121. (TXT | PDF)

Subjects


US Congress State Sources


Bill Comments

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