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.
Multilateral Investment Guarantee Agency
Multilateral Investment Guarantee Agency Act - Authorizes the President to accept membership for the United States in the Multilateral Investment Guarantee Agency (a part of the International Bank for Reconstruction and Development). Provides for: (1) a U.S. Governor and Alternate Governor of the Agency; (2) application of certain sections of the Bretton Woods Agreements Act; (3) certain restrictions on U.S. financing of the Agency; and (4) Federal Reserve Banks acting as depositories of the Agency. Authorizes the Secretary of the Treasury to subscribe to a specified number of shares of capital stock of the Agency. Authorizes appropriations. Grants Federal courts jurisdiction over actions by or against the Agency.
Inter-American Development Bank
Amends the Inter-American Development Bank Act to authorize the U.S. Governor of the Inter-American Development Bank to agree to specified amendments to the Articles of Agreement.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
No summary available.
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.