US HB3895 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on July 23 2019 - 25% progression, died in committee
Action: 2019-07-23 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

North American Development Bank’s Pollution Solution Act

Sponsors


History

DateChamberAction
2019-07-23HouseReferred to the House Committee on Financial Services.
2019-07-23HouseIntroduced in House

Same As/Similar To

HB132 (Related) 2019-09-20 - Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 23.
SB267 (Related) 2019-01-29 - Read twice and referred to the Committee on Foreign Relations.

Subjects


US Congress State Sources


Bill Comments

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