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HR 7570 116th Congress House International Affairs Business investment and capital Financial services and investments Foreign aid and international relief Government corporations and government-sponsored enterprises Government lending and loan guarantees Government trust funds Public-private cooperation Securities U.S. and foreign investments

To amend the Better Utilization of Investments Leading to Development Act of 2018 to facilitate increased equity investments under that Act.

Introduced: July 9, 2020 See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 9, 2020
Referred to the House Committee on Foreign Affairs.
Jul 9, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

This bill modifies budget treatment for equity investments made by the U.S. International Development Finance Corporation.

Under current law, such equity investments are treated like grants for federal budgetary scoring, which requires the government to provide through appropriations the full amount that may be invested (i.e., dollar-for-dollar funding).

The bill instead deems such equity investments a federal credit program. As a result, such investments are scored based on an estimated repayment rate, and appropriation of the full investment amount is not required.

What's happening now July 9, 2020

Referred to the House Committee on Foreign Affairs.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
R
McCaul, Michael T.
Texas · Jul 20, 2020
 D
Smith, Adam
Washington · Jul 9, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7570: To amend the Better Utilization of Investments Leading to Development Act of 2018 to facilitate increased equity investments under that Act.. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7570/
MLA
"H.R. 7570: To amend the Better Utilization of Investments Leading to Development Act of 2018 to facilitate increased equity investments under that Act.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7570/.
Bluebook (legal)
H.R. 7570, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7570/.
Markdown link
[H.R. 7570: To amend the Better Utilization of Investments Leading to Development Act of 2018 to facilitate increased equity investments under that Act.](https://openamerica.io/bill/116-HR-7570/)
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