S2470-118

Introduced

To increase transparency regarding the activities, and reduce the malign influence of, the People’s Republic of China in the Inter-American Development Bank, and for other purposes.

118th Congress Introduced Jul 25, 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 increase transparency regarding the activities, and reduce the malign influence of, the People’s Republic of China in the Inter-American Development Bank, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients. The main policy domain is Foreign Policy, Finance, Government Operations.

Who Benefits and How

foreign governments, international partners, and aid recipients 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, foreign governments, international partners, and aid recipients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H748F5B4D2D26473187386AE1CA0C3B4A: 1. Short title This Act may be cited as the IDB Transparency Act.
  • Section H784CED4E1F8E4EE1A6D4DF728805C822: 2. Report on influence of the People’s Republic of China at the Inter-American Development Bank Within 180 days after the date of the enactment of this Act,...
  • Section HC4A3F6EEB919470C944CEEFA01DB6E65: 3. Required use of United States voice, vote, and influence at the Inter-American Development Bank The Secretary of the Treasury shall instruct the United...
  • Section HC9B703A425F74AA480BAFC09B1573EC8: 4. Definitions In this Act: The term appropriate congressional committees means— the Committee on Foreign Relations of the Senate; and the Committee on...

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 increase transparency regarding the activities, and reduce the malign influence of, the People’s Republic of China in the Inter-American Development Bank, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Key Policy Areas

Foreign Policy, Finance, Government Operations

Primary Purpose

This bill, To increase transparency regarding the activities, and reduce the malign influence of, the People’s Republic of China in the Inter-American Development Bank, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Policy Domains

Foreign Policy Finance Government Operations

Whole bill

Identified Gains
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
foreign governments, international partners, and aid recipients: ,
Identified Costs
  • federal implementing agencies
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
foreign governments, international partners, and aid recipients: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jul 25, 2023

Mr. Hagerty (for himself, Mr. Menendez, Mr. Rubio, and Mr. …

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
Foreign Policy Finance Government Operations
Actor Mappings
"secretary_of_treasury"
→ Secretary of the Treasury

Key Definitions

Terms defined in this bill

1 term
"IDB" §HC9B703A425F74AA480BAFC09B1573EC8

all of the current and former institutions in the IDB Group, including the Inter-American Development Bank, IDB Invest, IDB lab, and any related predecessor entities. The term PRC— means the People’s Republic of China

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