To authorize the Secretary of the Treasury to subscribe to additional shares of the capital stock of the Inter-American Investment Corporation.
Summary
What This Bill Does
The bill authorizes the Secretary of the Treasury to subscribe on behalf of the United States to not more than 25,124 additional shares of capital stock of the Inter-American Investment Corporation, the private-sector arm of the Inter-American Development Bank Group. The authorization is not self-funding: any subscription becomes effective only to the extent and in the amounts provided in advance by appropriations acts. The practical effect is to let the United States participate in a capital increase for development finance in Latin America and the Caribbean if Congress later appropriates funds.
Who Benefits and How
The Inter-American Investment Corporation, Latin American and Caribbean private-sector borrowers, regional small businesses, and United States firms seeking market access benefit from a possible United States capital subscription that can expand development-finance capacity.
Who Bears the Burden and How
Treasury international finance staff, congressional appropriators, and federal taxpayers must comply with subscription procedures, appropriations limits, budget scoring, and the cost of any capital contribution Congress approves.
Key Provisions
- Authorizes the Treasury Secretary to subscribe for up to 25,124 additional Inter-American Investment Corporation shares.
- Limits the subscription to amounts provided in advance by appropriations acts.
- Provides a pathway for United States participation in a capital increase for Latin America and Caribbean development finance.
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
Authorizes the Treasury Secretary to subscribe for up to 25,124 additional United States shares of Inter-American Investment Corporation capital stock, but only to the extent Congress provides advance appropriations.
Key Policy Areas
Financial Services, Foreign Entities, Government, Taxpayers
Primary Purpose
Authorizes the Treasury Secretary to subscribe for up to 25,124 additional United States shares of Inter-American Investment Corporation capital stock, but only to the extent Congress provides advance appropriations.
Policy Domains
Substantive provisions
Identified Gains
- Inter-American Investment Corporation
- Latin American private-sector borrowers
- Caribbean small businesses
- United States firms seeking market access
Identified Costs
- Treasury international finance staff
- Congressional appropriators
- Federal taxpayers
Legislative Progress
In CommitteeMs. Salazar introduced the following bill; which was referred to …
Referred to the House Committee on Financial Services.
Introduced in House
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Caribbean small businesses, Latin American private-sector borrowers
Congressional appropriators, Treasury international finance staff
Bill Structure & Actor Mappings
Who is "The Secretary" in each 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