North American Development Bank Improvement Act of 2019

Summary

North American Development Bank Improvement Act of 2019 This bill authorizes the Department of the Treasury to provide a capital increase for the North American Development Bank, a financial institution the United States and Mexico created to develop infrastructure that protect the environment along their shared border. Treasury may subscribe to and purchase 150,000 shares of the bank's capital stock, to the extent that funds are appropriated for such a purpose. Treasury shall support projects related to water pollution and conservation, waste treatment, natural gas and energy security, expanding land border crossings, and reducing pollution related to such traffic. It shall also support developing various performance measures at the bank and report to Congress about its progress imposing such measures.

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Timeline

1. 29 January 2019

   Introduced

   Read twice and referred to the Committee on Foreign Relations.

   Source: IntroReferral

2. 29 January 2019

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 29 January 2019 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 29 January 2019

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 29 January 2019

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 29 January 2019

  Open at official source

Sponsors

• John Cornyn · R · Sponsor
• Sen. Feinstein, Dianne [D-CA] · D · Sponsor
• Martha McSally · R · Sponsor
• Kyrsten Sinema · D · Sponsor
• Sen. Udall, Tom [D-NM] · D · Cosponsor
• Martin Heinrich · D · Cosponsor
• · ssfr00 · Standing

Related records

• related to → North American Development Bank Improvement Act of 2019
• related to ← North American Development Bank’s Pollution Solution Act
• related to ← A bill to implement the Agreement between the United States of America, the United Mexican States, and Canada attached as an Annex to the Protocol Replacing the North American Free Trade Agreement.
• related to ← United States-Mexico-Canada Agreement Implementation Act
• related to ← North American Development Bank Improvement Act of 2017