H.R. 132: North American Development Bank Improvement Act of 2019

CBO Score

$225 million

Date of Report

Tue October 22nd, 2019

CBO Report Details

Legislation Details

116th Congress

To provide for a general capital increase for the North American Development Bank, and for other purposes.

Sponsor: Rep. Henry Cuellar — D — TX

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 projec...

View the full vote history of this bill on GovTrack.us.

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