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United States · Bill · HR

H.R. 5105 (115th)

BUILD Act of 2018

openUnited States· United States Congress· EN

Introduced

27 February 2018

Last action

18 July 2018 · Introduced

Status

Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 522.

Sponsors

Rep. Yoho, Ted S. [R-FL-3], Rep. Smith, Adam [D-WA-9], Rep. Royce, Edward R. [R-CA-39], Rep. McCaul, Michael T. [R-TX-10], Rep. Sherman, Brad [D-CA-32], Rep. Poe, Ted [R-TX-2], Rep. Rooney, Francis [R-FL-19], Rep. Keating, William R. [D-MA-9], Rep. Norman, Ralph [R-SC-5], Rep. Moulton, Seth [D-MA-6], Rep. Cicilline, David N. [D-RI-1], Sen. Budd, Ted [R-NC], Rep. Kind, Ron [D-WI-3], Rep. Gallagher, Mike [R-WI-8], Rep. Brooks, Susan W. [R-IN-5], Rep. Bera, Ami [D-CA-6], Rep. Long, Billy [R-MO-7], Rep. Barr, Andy [R-KY-6], Rep. Meadows, Mark [R-NC-11], Rep. Wilson, Joe [R-SC-2], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Pocan, Mark [D-WI-2], Rep. Castro, Joaquin [D-TX-20], Thomas Garrett, Rep. Guthrie, Brett [R-KY-2], Rep. Larsen, Rick [D-WA-2], Rep. Beatty, Joyce [D-OH-3], Rep. Bass, Karen [D-CA-37], Rep. Bacon, Don [R-NE-2], Rep. Khanna, Ro [D-CA-17], Rep. Norcross, Donald [D-NJ-1], Rep. Reichert, David G. [R-WA-8], Rep. Goodlatte, Bob [R-VA-6], Rep. Moore, Gwen [D-WI-4], Rep. Cooper, Jim [D-TN-5], Rep. Katko, John [R-NY-24], Rep. Blumenauer, Earl [D-OR-3], Rep. McGovern, James P. [D-MA-2], Rep. Comstock, Barbara [R-VA-10], Rep. McMorris Rodgers, Cathy [R-WA-5], Rep. Webster, Daniel [R-FL-11], Rep. Scalise, Steve [R-LA-1], Rep. Kilmer, Derek [D-WA-6], Rep. Coffman, Mike [R-CO-6], Rep. Heck, Denny [D-WA-10]

Subjects

Discovery layer

Source updated

14 January 2026

Summary

Better Utilization of Investments Leading to Development Act of 2018 or the BUILD Act of 2018 This bill establishes the United States International Development Finance Corporation to facilitate the participation of private sector capital and skills in the economic development of countries with low- or lower-middle-income economies and countries transitioning from nonmarket to market economies in order to complement U.S. assistance and foreign policy objectives. The corporation may: (1) make loans or loan guarantees, (2) as a minority investor acquire equity or financial interests in entities, (3) provide insurance or reinsurance to private sector entities and qualifying sovereign entities, (4) provide technical assistance, (5) administer special projects, (6) establish enterprise funds, (7) issue obligations, and (8) charge service fees. The corporation shall terminate after seven years. The corporation shall not provide assistance to: (1) a country whose government has repeatedly supported acts of international terrorism, or (2) a private sector entity that is engaged in monopolistic practices. The bill prescribes transitional provisions, including transferring to the corporation the functions, personnel, assets, and liabilities of the Overseas Private Investment Corporation (which is subsequently terminated) and specified elements of the U.S. Agency for International Development.

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

Timeline

  1. 27 February 2018

    Introduced

    Referred to the House Committee on Foreign Affairs.

    Source: IntroReferral

  2. 27 February 2018

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 27 February 2018

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 9 May 2018

    Passed

    Committee Agreed to Seek Consideration Under Suspension of the Rules, by Unanimous Consent.

    Source: Committee

  5. 9 May 2018

    Reported

    Ordered to be Reported (Amended) by Voice Vote.

    Source: Committee

  6. 9 May 2018

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  7. 11 July 2018

    Calendars

    Placed on the Union Calendar, Calendar No. 631.

    Source: Calendars

  8. 11 July 2018

    Reported

    Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 115-814.

    Source: Committee

  9. 11 July 2018

    Reported

    Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 115-814.

    Source: Committee

  10. 17 July 2018

    Passed

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

    Source: Floor

  11. 17 July 2018

    Passed

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6320-6330)

    Source: Floor

  12. 17 July 2018

    Passed

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H6320-6330)

    Source: Floor

  13. 17 July 2018

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 5105.

    Source: Floor

  14. 17 July 2018

    Floor

    Considered under suspension of the rules. (consideration: CR H6320-6333)

    Source: Floor

  15. 17 July 2018

    Floor

    Mr. Royce (CA) moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  16. 18 July 2018

    Introduced

    Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 522.

    Source: Calendars

Votes

No vote records are attached yet.

Versions

Documents

9 official files

Placed on Calendar Senate (text)

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  • Placed on Calendar Senate (text)

    Placed on Calendar Senate · EN · 18 July 2018

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  • Placed on Calendar Senate (PDF)

    Placed on Calendar Senate · EN · 18 July 2018

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  • Engrossed in House (text)

    Engrossed in House · EN · 17 July 2018

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 17 July 2018

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  • Reported in House (text)

    Reported in House · EN · 11 July 2018

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  • Reported in House (PDF)

    Reported in House · EN · 11 July 2018

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  • Introduced in House (text)

    Introduced in House · EN · 27 February 2018

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  • Introduced in House (PDF)

    Introduced in House · EN · 27 February 2018

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  • Introduced in House

    summary · EN · 27 February 2018

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Sponsors

Related records

Sources

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