US SB267 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on January 29 2019 - 25% progression
Action: 2019-01-29 - Read twice and referred to the Committee on Foreign Relations.
Pending: Senate Foreign Relations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

North American Development Bank Improvement Act of 2019 This bill authorizes the Department of the Treasury to provide a capital increase for the North American Development Bank, a financial institution the United States and Mexico created to develop infrastructure that protect the environment along their shared border. Treasury may subscribe to and purchase 150,000 shares of the bank's capital stock, to the extent that funds are appropriated for such a purpose. Treasury shall support projects related to water pollution and conservation, waste treatment, natural gas and energy security, expanding land border crossings, and reducing pollution related to such traffic. It shall also support developing various performance measures at the bank and report to Congress about its progress imposing such measures.

Tracking Information

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Title

North American Development Bank Improvement Act of 2019

Sponsors


History

DateChamberAction
2019-01-29SenateRead twice and referred to the Committee on Foreign Relations.

Same As/Similar To

HB132 (Same As) 2019-09-20 - Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 23.
HB3895 (Related) 2019-07-23 - Referred to the House Committee on Financial Services.

Subjects


US Congress State Sources


Bill Comments

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