Millennium Challenge Corporation Eligibility Expansion Act
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Sep 29, 2022 | House · vote #472 | On Motion to Suspend the Rules and Pass | Passed | 334–87 | See who voted → |
Millennium Challenge Corporation Eligibility Expansion Act
This bill modifies income-related eligibility requirements for assistance from the Millennium Challenge Corporation (MCC), a program that provides assistance through a competitive selection process to eligible developing countries based on various factors, including a country's level of economic freedom and effectiveness of government.
Currently, to be a candidate to receive MCC assistance, a country must, among other requirements, must (1) fit the World Bank's income-based criteria for a low- or lower-middle-income country, or (2) be among the 75 lowest per capita income countries according to the World Bank. Under this bill, a candidate country must have a gross national income per capita no higher than the 125th poorest country as identified by the World Bank for the fiscal year.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.