US Congress House Bill 5105 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Engrossed on July 18 2018 - 50% progression, died in chamber
Action: 2018-07-18 - Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 522.
Text: Latest bill text (Introduced) [PDF]

BUILD Act of 2018 Better Utilization of Investments Leading to Development Act of 2018 This bill establishes the United States International Development Finance Corporation to facilitate the participation of private sector capital and skills in the economic development of countries with low- or lower-middle-income economies and countries transitioning from nonmarket to market economies in order to complement U.S. assistance and foreign policy objectives. The corporation may: (1) make loans or loan guarantees, (2) as a minority investor acquire equity or financial interests in entities, (3) provide insurance or reinsurance to private sector entities and qualifying sovereign entities, (4) provide technical assistance, (5) administer special projects, (6) establish enterprise funds, (7) issue obligations, and (8) charge service fees. The corporation shall terminate after seven years. The corporation shall not provide assistance to: (1) a country whose government has repeatedly supported acts of international terrorism, or (2) a private sector entity that is engaged in monopolistic practices. The bill prescribes transitional provisions, including transferring to the corporation the functions, personnel, assets, and liabilities of the Overseas Private Investment Corporation (which is subsequently terminated) and specified elements of the U.S. Agency for International Development.

BUILD Act of 2018 Better Utilization of Investments Leading to Development Act of 2018

Rep. Ted Yoho [R-FL]	Rep. Adam Smith [D-WA]	Rep. Edward Royce [R-CA]	Rep. Michael McCaul [R-TX]
Rep. Brad Sherman [D-CA]	Rep. Ted Poe [R-TX]	Rep. Francis Rooney [R-FL]	Rep. William Keating [D-MA]
Rep. Ralph Norman [R-SC]	Rep. Seth Moulton [D-MA]	Rep. David Cicilline [D-RI]	Sen. Ted Budd [R-NC]
Rep. Ron Kind [D-WI]	Rep. Mike Gallagher [R-WI]	Rep. Susan Brooks [R-IN]	Rep. Ami Bera [D-CA]
Rep. Billy Long [R-MO]	Rep. Garland Barr [R-KY]	Rep. Mark Meadows [R-NC]	Rep. Joe Wilson [R-SC]
Rep. Brian Fitzpatrick [R-PA]	Rep. Mark Pocan [D-WI]	Rep. Joaquin Castro [D-TX]	Rep. Thomas Garrett [R-VA]
Rep. Brett Guthrie [R-KY]	Rep. Rick Larsen [D-WA]	Rep. Joyce Beatty [D-OH]	Rep. Karen Bass [D-CA]
Rep. Don Bacon [R-NE]	Rep. Ro Khanna [D-CA]	Rep. Donald Norcross [D-NJ]	Rep. David Reichert [R-WA]
Rep. Bob Goodlatte [R-VA]	Rep. Gwen Moore [D-WI]	Rep. Jim Cooper [D-TN]	Rep. John Katko [R-NY]
Rep. Earl Blumenauer [D-OR]	Rep. James McGovern [D-MA]	Rep. Barbara Comstock [R-VA]	Rep. Cathy McMorris Rodgers [R-WA]
Rep. Daniel Webster [R-FL]	Rep. Steve Scalise [R-LA]	Rep. Derek Kilmer [D-WA]	Rep. Mike Coffman [R-CO]
Rep. Denny Heck [D-WA]

Date	Chamber	Action
2018-07-18	Senate	Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 522.
2018-07-17	House	Motion to reconsider laid on the table Agreed to without objection.
2018-07-17	House	On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6320-6330)
2018-07-17	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 5105.
2018-07-17	House	Considered under suspension of the rules. (consideration: CR H6320-6333)
2018-07-17	House	Mr. Royce (CA) moved to suspend the rules and pass the bill, as amended.
2018-07-11	House	Placed on the Union Calendar, Calendar No. 631.
2018-07-11	House	Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 115-814.
2018-05-09	House	Committee Agreed to Seek Consideration Under Suspension of the Rules, by Unanimous Consent.
2018-05-09	House	Ordered to be Reported (Amended) by Voice Vote.
2018-05-09	House	Committee Consideration and Mark-up Session Held.
2018-02-27	House	Referred to the House Committee on Foreign Affairs.
2018-02-27	House	Introduced in House

SB2463 (Related) 2018-06-27 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 493.
HB302 (Related) 2018-10-05 - Became Public Law No: 115-254.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/5105/all-info
Text	https://www.congress.gov/115/bills/hr5105/BILLS-115hr5105ih.pdf
Text	https://www.congress.gov/115/bills/hr5105/BILLS-115hr5105rh.pdf
Text	https://www.congress.gov/115/bills/hr5105/BILLS-115hr5105eh.pdf
Text	https://www.congress.gov/115/bills/hr5105/BILLS-115hr5105pcs.pdf