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Inter-American Development Bank General Capital Increase Act of 2020

Read twice and referred to the Committee on Foreign Relations.

Official summary

Version 00 · Introduced in Senate · Dec 10, 2020

Inter-American Development Bank General Capital Increase Act of 2020

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.

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Who introduced it

Sen. Menendez, Robert [D-NJ] · D–NJ

Committees

  • Foreign Relations Committee
1 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Foreign Relations.

  2. Introduced in Senate

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Jan 14, 2025. Consult Congress.gov for the current record.

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