To establish a National Development Strategy, 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
The bill provides definitions In this Act: The term appropriate congressional committee means— the Committee on Banking, Housing, and Urban Affairs, the Committee on Finance, the Committee on Commerce, Science, establishes the Interagency Committee for the coordination of National Development Financing Programs There is established in the Executive Office of the President a Committee to be known as the Interagency Committee, and creates requirements of the Federal Financing Bank relating to the National Development Strategy The Federal Financing Bank Act of 1973 (12 U.S.C. It relies on compliance mandates, appropriations, reporting requirements, and procurement rules. The main policy areas are Regulated Industries, Finance, Environment, and Energy.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Financial services firms and customers affected by the bill would take on compliance duties, and Environmental and public health interests affected by the bill would take on compliance duties.
Key Provisions
- Provides definitions In this Act: The term appropriate congressional committee means— the Committee on Banking, Housing, and Urban Affairs, the Committee on Finance, the Committee on Commerce, Science...
- Establishes the Interagency Committee for the coordination of National Development Financing Programs There is established in the Executive Office of the President a Committee to be known as the Interagency Committee...
- Creates requirements of the Federal Financing Bank relating to the National Development Strategy The Federal Financing Bank Act of 1973 (12 U.S.C.
- Requires functions with respect to the Committee The Bank shall carry out any directives made to the Bank by the Interagency Committee for the Coordination of National Development Financing Programs pursuant...
- Creates secondary market operations Except as otherwise provided in the National Development Strategy and Coordination Act of 2023, obligations purchased by the Bank may be resold in the secondary market in a similar...
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
The bill provides definitions In this Act: The term appropriate congressional committee means— the Committee on Banking, Housing, and Urban Affairs, the Committee on Finance, the Committee on Commerce, Science, establishes the Interagency Committee for the coordination of National Development Financing Programs There is established in the Executive Office of the President a Committee to be known as the Interagency Committee, and creates requirements of the Federal Financing Bank relating to the National Development Strategy The Federal Financing Bank Act of 1973 (12 U.S.C.
Key Policy Areas
Regulated Industries, Finance, Environment, Energy
Primary Purpose
The bill provides definitions In this Act: The term appropriate congressional committee means— the Committee on Banking, Housing, and Urban Affairs, the Committee on Finance, the Committee on Commerce, Science, establishes the Interagency Committee for the coordination of National Development Financing Programs There is established in the Executive Office of the President a Committee to be known as the Interagency Committee, and creates requirements of the Federal Financing Bank relating to the National Development Strategy The Federal Financing Bank Act of 1973 (12 U.S.C.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Financial services firms and customers affected by the bill
- Environmental and public health interests affected by the bill
- National security and critical infrastructure stakeholders affected by the bill
- Energy producers and energy supply-chain firms affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Rubio introduced the following bill; which was read twice …
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?
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