A bill to provide for a general capital increase for the North American Development Bank, and for other purposes.
North American Development Bank Improvement Act of 2017
This bill authorizes the Department of the Treasury to subscribe to and make a payment for 150,000 additional shares of the capital stock of the North American Development Bank.
Treasury shall direct the U.S. representatives to the Board of Directors of the bank to use the voice and vote of the United States to support the financing of projects related to:
Treasury shall also direct such representatives to seek to require the bank to:
Referred to the House Committee on Financial Services.
Introduced in Senate
Read twice and referred to the Committee on Foreign Relations. (text of measure as introduced: CR S3652)
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