Skip to main content
HR 3895 116th Congress House International Affairs Congressional oversight Environmental health Foreign loans and debt Government trust funds Infrastructure development Latin America Mexico Multilateral development programs North America Performance measurement Solid waste and recycling Water quality Water use and supply

North American Development Bank’s Pollution Solution Act

Introduced: July 23, 2019 Introduced by: Vargas, Juan Democratic · California See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 23, 2019
Referred to the House Committee on Financial Services.
Jul 23, 2019
Introduced in House
 Plain-English summary Congressional Research Service

North American Development Bank's Pollution Solution Act

This bill authorizes the Department of the Treasury to purchase additional stock in the North American Development Bank and directs Treasury to advocate for the bank to support environmentally beneficial projects.

Treasury shall advocate for the bank to (1) prioritize using the additional capital raised by the stock purchase to support environmentally beneficial infrastructure projects, and (2) streamline and accelerate such projects.

Treasury shall vote to establish within the bank the U.S.-Mexico Border Public Health Trust Fund. The fund shall support environmental infrastructure projects along the U.S.-Mexico border relating to water pollution, water conservation, municipal solid waste, and other related matters. The bill appropriates $400 million for payment into the trust fund.

What's happening now July 23, 2019

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2