To modify and reauthorize the Better Utilization of Investments Leading to Development Act of 2018.
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 modify and reauthorize the Better Utilization of Investments Leading to Development Act of 2018., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Foreign Policy, Government Operations.
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 HEDCCBBF69E87497DB7354C0581101009: 1. Short title; table of contents This Act may be cited as the DFC Modernization and Reauthorization Act of 2024. The table of contents for this Act is as...
- Section H9296CA4E385D44488C9E784D248BCECC: 2. Sense of Congress It is the sense of Congress that the United States International Development Finance Corporation should seek to responsibly increase its...
- Section H71E3A79D99664951B6EC5232B1ECE6FE: 101. Definitions Section 1402 of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9601) is amended— by redesignating...
- Section H2BE1F5AA9B9E49279DF87CBE88E193D3: 102. Less developed country focus Section 1412 of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9612) is amended by...
- Section H5EE9EC164FE74D41A73F223579FC33BA: 201. Board of Directors Section 1413(b)(2)(A)(iii) of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9613(b)(2)(A)(iii))...
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 modify and reauthorize the Better Utilization of Investments Leading to Development Act of 2018., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Foreign Policy, Government Operations
Primary Purpose
This bill, To modify and reauthorize the Better Utilization of Investments Leading to Development Act of 2018., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. McCaul (for himself and Mr. Meeks) introduced the following …
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?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
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