To provide for participation by the United States in a capital increase of the Inter-American Development Bank, and for other purposes.

Summary

Amends the Inter-American Development Bank Act to authorize the U.S. Governor of the Bank to vote for resolutions which: (1) were transmitted by the Board of Executive Directors to the Governors by resolution of April 19, 1989; (2) are pending before the Board of Governors of the Bank; and (3) provide for increases in the authorized capital stock of the Bank and resources of the Fund for Special Operations. Permits the Governor, upon adoption of such resolutions, to subscribe to a certain number of shares of the increase in capital stock and contribute a certain amount to the Fund. Authorizes appropriations to pay for such increases.

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

Timeline

1. 25 May 1989

   Introduced

   Referred to the House Committee on Banking, Finance + Urban Affrs.

   Source: IntroReferral

2. 25 May 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 May 1989

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 June 1989

   Referred

   Referred to the Subcommittee on International Development, Finance, Trade, and Monetary Policy.

   Source: Committee

5. 19 December 1989

   Committee

   See H.R.2494.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 25 May 1989

  Open at official source

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Sponsors

• Del. Fauntroy, Walter E. [D-DC-At Large] · D · Sponsor
• Rep. Leach, James A. [R-IA-2] · R · Sponsor
• · hsba00 · Standing

Related records

• related to ← International Development and Finance Act of 1989