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United States · Bill · S

S. 989 (101st)

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

referredUnited States· United States Congress· EN

Introduced

16 May 1989

Last action

Status

Read twice and referred to the Committee on Foreign Relations.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

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.

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Documents

2 official files

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Sources

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