S. 3168 (110th): International Development Association Replenishment Act of 2008

Introduced:
Jun 19, 2008 (110th Congress, 2007–2009)
Sponsor:
Sen. Joseph Biden Jr. [D-DE]
Status:
Died (Reported by Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

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Status

This bill was introduced on June 24, 2008, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 19, 2008
Referred to Committee Jun 19, 2008
Reported by Committee Jun 24, 2008
Cosponsors
2 cosponsors (2R) (show)
Committees

Senate Foreign Relations

The committee chair determines whether a bill will move past the committee stage.

Full Title

A bill to authorize United States participation in the replenishment of resources of the International Development Association, and for other purposes.

Summary

No summaries available.

Text

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Last updated Sep 16, 2008.
12 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

9/16/2008--Reported to Senate without amendment. (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) International Development Association Replenishment Act of 2008 -
Section 3 -
Amends the International Development Association Act to authorize U.S. participation in, and authorize appropriations for, contributions to the 15th replenishment of the resources of the International Development Association (IDA).
Section 4 -
Authorizes the Secretary of the Treasury to negotiate the creation of the Anticorruption Trust Pilot Program (the Trust) at the International Bank for Reconstruction and Development (World Bank) whose purposes shall include:
(1) assisting poor countries in fraud and corruption investigations and prosecutions related to World Bank loans, grants, or credit; and
(2) determining whether such a program should be carried out at other multilateral development banks.
Directs the Secretary to provide for a system to:
(1) monitor Trust fund disbursement and use; and
(2) promote access to funds by poor countries in order to investigate and prosecute corruption and fraud linked to World Bank loans or projects.
Sets forth reporting requirements.
Authorizes appropriations.
Section 5 -
Amends the International Financial Institutions Act to require greenhouse gas emissions impact assessments of a multilateral development bank borrower's proposal before the U.S. Executive Director of the bank may vote in favor of the proposal.
Section 6 -
Requires the Secretary to report annually to specified congressional committees on greenhouse gas emissions associated with multilateral development bank actions.
Section 7 -
Requires a report evaluating grievance mechanisms of such banks.

House Republican Conference Summary

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The bill contains the following citations to other parts of U.S. law:

Slip Laws

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United States Code

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