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United States · Bill · HR

H.R. 1948 (99th)

Multilateral Development Bank Act of 1985

openUnited States· United States Congress· EN

Introduced

3 April 1985

Last action

25 April 1985 · Committee

Status

For Further Action See H.R.1949.

Sponsors

Rep. Lundine, Stanley N. [D-NY-34], Rep. Bereuter, Doug [R-NE-1]

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Multilateral Development Bank Act of 1985 - Amends the Bretton Woods Agreements Act to authorize the U.S. Governor of the International Bank for Reconstruction and Development to vote for an increase in the authorized capital stock of the Bank and to subscribe on behalf of the United States to a specified number of additional shares of such stock. Authorizes appropriations to pay for such shares. Amends the International Finance Corporation Act to authorize the U.S. Governor of the International Finance Corporation to vote for an increase in the authorized capital stock of the Corporation and to subscribe on behalf of the United States to a specified number of additional shares of such stock. Authorizes appropriations to pay for such shares. Amends the African Development Fund Act to authorize the U.S. Governor of the African Development Fund to contribute a specified amount to the Fund. Authorizes appropriations to pay for such contribution.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 3 April 1985

    Referred

    Referred to Subcommittee on International Development Institutions and Finance.

    Source: Committee

  2. 3 April 1985

    Introduced

    Referred to House Committee on Banking, Finance and Urban Affairs.

    Source: IntroReferral

  3. 3 April 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 3 April 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 16 April 1985

    Committee

    Subcommittee Hearings Held.

    Source: Committee

  6. 25 April 1985

    Committee

    For Further Action See H.R.1949.

    Source: Committee

  7. 25 April 1985

    Committee

    Forwarded by Subcommittee to Full Committee.

    Source: Committee

  8. 25 April 1985

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

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Sponsors

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Sources

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