HR 3692 110th Congress House International Affairs Authorization Development credit institutions Economic assistance Economic development Economics and Public Finance Federal advisory bodies Foreign Trade and International Finance Government Operations and Politics Middle class Nongovernmental organizations Poverty U.S. Agency for International Development Western Hemisphere

Social Investment and Economic Development for the Americas Act of 2007

Introduced: September 27, 2007 See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 11, 2008

Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Sep 27, 2007

Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sep 27, 2007

Introduced in House

Plain-English summary Congressional Research Service

Social Investment and Economic Development for the Americas Act of 2007 - Amends the Foreign Assistance Act of 1961 to direct the President, through the United States Agency for International Development (USAID), to provide assistance to reduce poverty, expand the middle class, and foster increased economic opportunity in Western Hemisphere countries.

Establishes within USAID the Western Hemisphere Economic Investment and Development Advisory Committee which shall: (1) serve as a link among the U.S. government, nongovernmental organizations, the private sector, and other interested parties; and (2) review projects funded under this Act.

Amends the Inter-American Development Bank Act to direct the Secretary of the Treasury to instruct the United States Executive Director at the Bank to use U.S. influence to urge the Bank to establish a Social Investment and Economic Development Fund for the Americas to provide assistance to reduce poverty, expand the size of the middle class, and foster increased economic opportunity in Western Hemisphere countries.

Authorizes appropriations for payment to the Inter-American Development Bank of arrears owed by the United States to the Multilateral Investment Fund.

What's happening now January 11, 2008

Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Committees of jurisdiction 3