Multilateral Development Bank Act of 1985

Summary

Multilateral Development Bank Act of 1985 - Title I: Special Facility for Sub-Saharan Africa - Amends the International Development Association Act to direct the Secretary of the Treasury to pay specified amounts to the Special Facility for Sub-Saharan Africa administered by the International Development Association. Authorizes appropriations. Title II: African Development Fund - 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. Title III: International Bank for Reconstruction and Development - 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. Title IV: International Finance Corporation - 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. Title V: Effective Date - Sets forth the effective date of this Act.

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Documents

2 official files

• Reported to House with amendment(s)

  summary · EN · 15 May 1985

  Open at official source

• Introduced in House

  summary · EN · 29 April 1985

  Open at official source

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