HR1161-118

Reported

To accord securities issued by the International Development Association the same exemption from the securities laws that applies to the securities of other multilateral development banks in which the United States is a member.

118th Congress Introduced Feb 24, 2023

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

This bill, To accord securities issued by the International Development Association the same exemption from the securities laws that applies to the securities of other multilateral development banks in which the United States is a member., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Transportation, Foreign Policy.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HBCE04A18235D44D3B3F2DC467CC2C351: 1. Short title This Act may be cited as the Aligning SEC Regulations for the World Bank’s International Development Association Act.
  • Section H3997EB64BDDC409A938A7A45344763EA: 2. Exemption of securities of the International Development Association from the securities laws The International Development Association Act (22 U.S.C....
  • Section H4E1392C3932D4B30BBE3C417A49C5B61: 32. Exemption of securities of the International Development Association from the securities laws Any securities issued by the Association (including any...

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

This bill, To accord securities issued by the International Development Association the same exemption from the securities laws that applies to the securities of other multilateral development banks in which the United States is a member., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Transportation, Foreign Policy

Primary Purpose

This bill, To accord securities issued by the International Development Association the same exemption from the securities laws that applies to the securities of other multilateral development banks in which the United States is a member., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Transportation Foreign Policy

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: rh
financial institutions, investors, and borrowers: , ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: rh
federal implementing agencies: , ,
financial institutions, investors, and borrowers: , ,

Legislative Progress

Reported
Introduced Committee Passed
Dec 1, 2023

Reported with an amendment, committed to the Committee of the …

Feb 24, 2023

Ms. Waters introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Transportation Foreign Policy
Actor Mappings
"the_commission"
→ The commission identified in the operative section

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