To amend the Better Utilization of Investments Leading to Development Act of 2018 to enhance the economic and strategic competitiveness of the United States, and for other purposes.
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 amend the Better Utilization of Investments Leading to Development Act of 2018 to enhance the economic and strategic competitiveness of the United States, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, 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 S1: 1. Short title This Act may be cited as the Enhancing American Competitiveness Act of 2023.
- Section idcd37a0dd96af4e67874d9eb068e60a52: 2. Definitions In this Act: The term appropriate congressional committees means— the Committee on Foreign Relations, the Committee on Appropriations, and the...
- Section ide3e7458be709484c9a5a93fa42e0894c: 3. Findings Congress finds the following: The mission of the Corporation is to mobilize investment to advance global development, foreign policy objectives of...
- Section idd0fd6a33e7c347b590389a1de33f30c5: 4. Sense of Congress It is the sense of Congress that— the proper budgetary treatment of the insurance and reinsurance authorities of the Corporation,...
- Section id5c81b3e5c7f64cd888ed06079be54158: 5. Modification of eligibility definitions The Build Act of 2018 (22 U.S.C. 9601 et seq.) is amended— in section 1402— by redesignating paragraphs (2), (3),...
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 amend the Better Utilization of Investments Leading to Development Act of 2018 to enhance the economic and strategic competitiveness of the United States, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Foreign Policy
Primary Purpose
This bill, To amend the Better Utilization of Investments Leading to Development Act of 2018 to enhance the economic and strategic competitiveness of the United States, and for other purposes., 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. Coons (for himself and Mr. Cornyn) 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?
- "the_secretary"
- → The Secretary identified in the operative section
- "the_administrator"
- → The Administrator identified in the operative section
Key Definitions
Terms defined in this bill
a country that— is on the List of Fragile and Conflict-affected Situations maintained by the Fragility, Conflict and Violence Group of the World Bank
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