World Bank Accountability Act of 2017

Summary

World Bank Accountability Act of 2017 This bill provides that for each of FY2018-FY2023, 15% of appropriations for the World Bank's International Development Association shall be withheld and not disbursed until the Department of the Treasury reports to Congress that the International Bank for Reconstruction and Development: (1) is implementing institutional incentives that prioritize poverty reduction, development outcomes, and capable project management over the Bank's lending and grant making volume; (2) is taking, or has completed, steps to address the management failures from the Uganda Transport Sector Development Project; and (3) is strengthening its trust fund management in order to increase accountability for poverty reduction and development outcomes. An additional 15% of appropriations for such fiscal years shall be withheld and not disbursed until Treasury reports that the International Bank for Reconstruction and Development: (1) is emphasizing its support for secure property rights, due process of law, and economic freedom as essential to sustained poverty reduction in World Bank borrowing countries; (2) has not approved any loans or grants to a country designated by the U.S. as a state sponsor of terrorism and is strengthening the ability of Bank-funded projects to undermine violent extremism; (3) is taking steps to conduct randomized forensic audits of projects receiving Bank assistance; and (4) is working to detect and minimize corruption in projects involving development policy lending. Such conditions will be considered to have been satisfied for a fiscal year if they have been satisfied for the preceding three fiscal years. The bill amends the International Development Association Act to authorize the Governor of the International Development Association to contribute a specified amount on behalf of the United States to the 18th replenishment of the association's resources.

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

Timeline

1. 20 July 2017

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 20 July 2017

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 July 2017

   Introduced

   Introduced in House

   Source: IntroReferral

4. 25 July 2017

   Vote

   Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.

   Source: Committee

5. 25 July 2017

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

6. 7 September 2017

   Calendars

   Placed on the Union Calendar, Calendar No. 214.

   Source: Calendars

7. 7 September 2017

   Reported

   Reported (Amended) by the Committee on Financial Services. H. Rept. 115-298.

   Source: Committee

8. 7 September 2017

   Reported

   Reported (Amended) by the Committee on Financial Services. H. Rept. 115-298.

   Source: Committee

9. 16 January 2018

   Reported

   Rules Committee Resolution H. Res. 693 Reported to House. The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures.

   Source: Floor

10. 17 January 2018

    Vote

    Passed/agreed to in House: On passage Passed by recorded vote: 237 - 184 (Roll no. 24).

    Source: Floor

11. 17 January 2018

    Passed

    The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. (text of amendment in the nature of a substitute: CR H448-449)

    Source: Floor

12. 17 January 2018

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

13. 17 January 2018

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

14. 17 January 2018

    Vote

    On passage Passed by recorded vote: 237 - 184 (Roll no. 24).

    Source: Floor

15. 17 January 2018

    Floor

    The House resolved into Committee of the Whole House on the state of the Union for further consideration.

    Source: Floor

16. 17 January 2018

    Floor

    Committee of the Whole House on the state of the Union rises leaving H.R. 3326 as unfinished business.

    Source: Floor

17. 17 January 2018

    Passed

    On motion that the Committee rise Agreed to by voice vote.

    Source: Floor

18. 17 January 2018

    Floor

    The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3326.

    Source: Floor

19. 17 January 2018

    Floor

    The Speaker designated the Honorable John J. Duncan, Jr. to act as Chairman of the Committee.

    Source: Floor

20. 17 January 2018

    Floor

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 693 and Rule XVIII.

    Source: Floor

21. 17 January 2018

    Floor

    Mr. Hensarling moved that the Committee rise.

    Source: Floor

22. 17 January 2018

    Floor

    The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures.

    Source: Floor

23. 17 January 2018

    Floor

    Considered under the provisions of rule H. Res. 693. (consideration: CR H440-452)

    Source: Floor

24. 18 January 2018

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

    Source: IntroReferral

Votes

Versions

• Referred in Senate · 18 January 2018 · Download file
• Engrossed in House · 17 January 2018 · Download file
• Reported in House · 7 September 2017 · Download file
• Introduced in House · 20 July 2017 · Download file

Documents

9 official files

• Referred in Senate (text)

  Referred in Senate · EN · 18 January 2018

  ViewDownloadOpen at official source

• Referred in Senate (PDF)

  Referred in Senate · EN · 18 January 2018

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• Engrossed in House (text)

  Engrossed in House · EN · 17 January 2018

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• Engrossed in House (PDF)

  Engrossed in House · EN · 17 January 2018

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• Reported in House (text)

  Reported in House · EN · 7 September 2017

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• Reported in House (PDF)

  Reported in House · EN · 7 September 2017

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• Introduced in House (text)

  Introduced in House · EN · 20 July 2017

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• Introduced in House (PDF)

  Introduced in House · EN · 20 July 2017

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• Introduced in House

  summary · EN · 20 July 2017

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Sponsors

• Rep. Barr, Andy [R-KY-6] · R · Sponsor
• Rep. Sherman, Brad [D-CA-32] · D · Cosponsor
• · ssfr00 · Standing
• · hsba00 · Standing

Related records

• related to ← Providing for consideration of the bill (H.R. 3326) to increase accountability, combat corruption, and strengthen management effectiveness at the World Bank, and providing for consideration of the bill (H.R. 2954) to amend the Home Mortgage Disclosure Act of 1975 to specify which depository institutions are subject to the maintenance of records and disclosure requirements of such Act, and for other purposes.
• amends ← An amendment numbered 1 printed in Part A of House Report 115-518 to modify a Treasury reporting requirement to ensure that the World Bank is promoting reduction of government barriers to entrepreneurship as an important component of poverty reduction.
• amends ← Amendment requires a report on steps taken by the World Bank to ensure G-5 visa holders employed by World Bank diplomats and staff are informed of the protections afforded to them pursuant to the William Wilberforce Trafficking Victims Protection Reauthorization Act.
• amends ← An amendment numbered 3 printed in Part A of House Report 115-518 to make U.S. opposition to IDA assistance for a foreign government mandatory if the government knowingly fails to enforce UN Security Council sanctions against North Korea.