S. 1593 (111th): Social Investment and Economic Development for the Americas Act of 2010

Introduced:
Aug 06, 2009 (111th Congress, 2009–2010)
Sponsor:
Sen. Robert “Bob” Menéndez [D-NJ]
Status:
Died (Referred to Committee)
See Instead:

H.R. 4368 (same title)
Referred to Committee — Dec 16, 2009

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 August 6, 2009, in a previous session of Congress, but was not enacted.

Progress
Introduced Aug 06, 2009
Referred to Committee Aug 06, 2009
Cosponsors
3 cosponsors (2D, 1R) (show)
Committees

Senate Foreign Relations

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

Full Title

A bill to authorize the establishment of a Social Investment and Economic Development for the Americas Fund to reduce poverty, expand the middle class, and foster increased economic opportunity in that region, to promote engagement on the use of renewable fuel sources and on climate change in the Americas, and for other purposes.

Summary

No summaries available.

Text

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Last updated Aug 06, 2009.
28 pages

Primary Source

View on THOMAS (The Library of Congress)

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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.

8/6/2009--Introduced.
Social Investment and Economic Development for the Americas Act of 2010 - Amends the Foreign Assistance Act of 1961 to direct the President, acting through the United States Agency for International Development (USAID) and working with governments and civil society in the Americas (all the countries of North America, Central America, South America, and the Caribbean), to provide assistance to reduce poverty, expand the middle class, and foster increased economic opportunity by promoting education, improving health and disease prevention, increasing access to income generating activities, reducing crime, generating rural development, reducing poverty and inequality, eliminating the exclusion of marginalized populations, and strengthening the rule of law, governance, and democracy through the establishment of independent judiciaries, efficient processes to adjudicate claims, and effective law enforcement institutions.
Authorizes appropriations for debt and equity financing for a Microfinance Growth Fund for the Americas. Directs the Secretary of State to:
(1) establish an advisory group on the feasibility of establishing a new public-private Fund for Social and Economic Development in the Americas;
(2) conduct a joint study to determine the best strategy for increasing the use of renewable energy sources in the Americas; and
(3) work with interested governments in Central America, South America, the Caribbean, and Mexico (the Region) to study mechanisms to facilitate regional and hemispheric carbon trading.
Authorizes appropriations to USAID:
(1) for labor and environmental capacity building activities relating to the implementation of trade promotion agreements;
(2) for programs in the Americas to reduce global warming;
(3) to support activities in the Region involving adaptation to, and reduction in the negative impact of, environmental changes brought about by global warming and activities promoting sustainable forest management and reduction of deforestation.
Expresses support for the establishment of an Energy and Climate Partnership of the Americas.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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

United States Code

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