HR1114-119

Introduced

To authorize the establishment of a Haitian American Enterprise Fund for Haiti, and for other purposes.

119th Congress Introduced Feb 7, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill creates congressional findings establishing historical context and rationale for US economic development assistance to Haiti, citing Haiti's historical relationship with the US, contributions of Haitian-Americans, creates states the purposes of the Act: to promote Haitian private sector development (especially micro, small, and medium businesses in agriculture, construction, energy, finance, manufacturing, tourism), facilitate, and establishes comprehensive US policy toward Haiti including: supporting democratic governance, strengthening institutions, combating corruption, improving security (including stemming illicit firearms trafficking from US. It relies on appropriations, grants, loan guarantees, and reporting requirements. The main policy areas are Foreign Aid, Finance, Housing, and Trade.

Who Benefits and How

Haitian American Enterprise Fund could gain revenue opportunities, US International Development Finance Corporation could gain revenue opportunities, and Independent certified public accountants could gain revenue opportunities.

Who Bears the Burden and How

US taxpayers could face higher costs, US International Development Finance Corporation would take on compliance duties, and Private investors seeking governance rights could face higher barriers.

Key Provisions

  • Creates congressional findings establishing historical context and rationale for US economic development assistance to Haiti, citing Haiti's historical relationship with the US, contributions of Haitian-Americans...
  • Creates states the purposes of the Act: to promote Haitian private sector development (especially micro, small, and medium businesses in agriculture, construction, energy, finance, manufacturing, tourism), facilitate...
  • Establishes comprehensive US policy toward Haiti including: supporting democratic governance, strengthening institutions, combating corruption, improving security (including stemming illicit firearms trafficking from US...
  • Authorizes the President to designate a private 501(c)(3) nonprofit organization as the Haitian American Enterprise Fund for Haiti, to be operated by the CEO of the US International Development Finance Corporation.
  • Establishes a 9-member Board of Directors Oversight Panel: 7 members appointed by DFC CEO (5 US citizens or Haitian residents in US, 2 Haitian citizens with private equity/banking/finance experience), and 2 members...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill creates congressional findings establishing historical context and rationale for US economic development assistance to Haiti, citing Haiti's historical relationship with the US, contributions of Haitian-Americans, creates states the purposes of the Act: to promote Haitian private sector development (especially micro, small, and medium businesses in agriculture, construction, energy, finance, manufacturing, tourism), facilitate, and establishes comprehensive US policy toward Haiti including: supporting democratic governance, strengthening institutions, combating corruption, improving security (including stemming illicit firearms trafficking from US.

Key Policy Areas

Foreign Aid, Finance, Housing, Trade

Primary Purpose

The bill creates congressional findings establishing historical context and rationale for US economic development assistance to Haiti, citing Haiti's historical relationship with the US, contributions of Haitian-Americans, creates states the purposes of the Act: to promote Haitian private sector development (especially micro, small, and medium businesses in agriculture, construction, energy, finance, manufacturing, tourism), facilitate, and establishes comprehensive US policy toward Haiti including: supporting democratic governance, strengthening institutions, combating corruption, improving security (including stemming illicit firearms trafficking from US.

Policy Domains

Foreign Aid Finance Housing Trade

L'Ouverture Economic Development Plan for Haiti Act of 2025

Identified Gains
  • Haitian American Enterprise Fund
  • US International Development Finance Corporation
  • Independent certified public accountants
  • Haitian private sector
  • Haitian manufacturing facilities
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Haitian private sector:
Haitian American Enterprise Fund:
Haitian manufacturing facilities:
Independent certified public accountants:
US International Development Finance Corporation:
Identified Costs
  • US taxpayers
  • US International Development Finance Corporation
  • Private investors seeking governance rights
  • Government Accountability Office
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
US taxpayers:
Government Accountability Office:
Private investors seeking governance rights:
US International Development Finance Corporation:

Legislative Progress

Introduced
Introduced Committee Passed
Feb 7, 2025

Mrs. Cherfilus-McCormick (for herself, Ms. Schakowsky, and Mr. Jackson of …

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Development Finance
3 mentions across 3 clauses
+2 positive -1 negative

Haitian American Enterprise Fund, US International Development Finance Corporation

US International Development Finance Corporation faces effects in multiple directions

Financial Services
3 mentions across 3 clauses
+2 positive -1 negative

Consumer credit unions (caisse populaires), Individuals with private equity and development finance expertise, Private investors seeking governance rights

Positive-direction: Consumer credit unions (caisse populaires), Individuals with private equity and development finance expertise

Negative-direction: Private investors seeking governance rights

Business
2 mentions across 2 clauses
+2 positive

Haitian-American diaspora, US-Haitian joint venture partners

Construction
2 mentions across 2 clauses
+2 positive

Construction and infrastructure contractors, Infrastructure contractors

Government
2 mentions across 2 clauses
+2 positive

Executive branch agencies supporting Enterprise Fund, US Treasury

Small Business
1 mention across 1 clause
+1 positive

Haitian micro, small, and medium businesses

Nonprofits
1 mention across 1 clause
+1 positive

Designated 501(c)(3) nonprofit organization

Taxpayers
1 mention across 1 clause
-1 negative

Taxpayers

12/13
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Foreign Aid Finance Housing Trade
Actor Mappings
"the_president"
→ President of the United States
"the_administrator"
→ Administrator of the United States Agency for International Development
"the_comptroller_general"
→ Comptroller General of the United States
"the_chief_executive_officer"
→ Chief Executive Officer of the United States International Development Finance Corporation

Key Definitions

Terms defined in this bill

3 terms
"Enterprise Fund" §5

The Haitian American Enterprise Fund for Haiti, a private, nonprofit organization designated by the President and operated by the DFC CEO

"Oversight Panel" §6

A Board of Directors Oversight Panel composed of 9 members appointed by the CEO and President to monitor the Enterprise Fund

"appropriate congressional committees" §10(c)

House Appropriations, Financial Services, and Foreign Affairs; Senate Appropriations and Foreign Relations

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology