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I
116TH CONGRESS
2D SESSION
H. R. 6327
To authorize United States participation in, and contributions to, the Nine-
teenth Replenishment of the resources of the International Development
Association, the Fifteenth Replenishment of the resources of the African
Development Fund, and the seventh capital increase of the African Devel-
opment Bank.
IN THE HOUSE OF REPRESENTATIVES
MARCH 23, 2020
Mr. CLEAVER introduced the following bill; which was referred to the
Committee on Financial Services
A BILL
To authorize United States participation in, and contribu-
tions to, the Nineteenth Replenishment of the resources
of the International Development Association, the Fif-
teenth Replenishment of the resources of the African
Development Fund, and the seventh capital increase of
the African Development Bank.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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•HR 6327 IH
SECTION 1. AUTHORIZATION FOR UNITED STATES PARTICI-
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PATION IN, AND CONTRIBUTIONS TO, THE
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NINETEENTH REPLENISHMENT OF THE RE-
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SOURCES OF THE INTERNATIONAL DEVELOP-
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MENT ASSOCIATION.
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The International Development Association Act (22
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U.S.C. 284 et seq.) is amended by adding at the end the
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following:
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‘‘SEC. 31. NINETEENTH REPLENISHMENT.
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‘‘(a) The United States Governor of the International
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Development Association is authorized to contribute on
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behalf of the United States $3,004,200,000 to the nine-
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teenth replenishment of the resources of the Association,
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subject to obtaining the necessary appropriations.
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‘‘(b) In order to pay for the United States contribu-
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tion provided for in subsection (a), there are authorized
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to be appropriated, without fiscal year limitation,
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$3,004,200,000 for payment by the Secretary of the
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Treasury.’’.
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SEC. 2. AUTHORIZATION FOR UNITED STATES PARTICIPA-
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TION IN, AND CONTRIBUTIONS TO, THE FIF-
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TEENTH
REPLENISHMENT
OF
THE
RE-
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SOURCES OF THE AFRICAN DEVELOPMENT
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FUND.
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The African Development Fund Act (22 U.S.C. 290g
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et seq.) is amended by adding at the end the following:
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•HR 6327 IH
‘‘SEC. 226. FIFTEENTH REPLENISHMENT.
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‘‘(a) The United States Governor of the Fund is au-
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thorized to contribute on behalf of the United States
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$513,900,000 to the fifteenth replenishment of the re-
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sources of the Fund, subject to obtaining the necessary
5
appropriations.
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‘‘(b) In order to pay for the United States contribu-
7
tion provided for in subsection (a), there are authorized
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to be appropriated, without fiscal year limitation,
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$513,900,000 for payment by the Secretary of the Treas-
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ury.’’.
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SEC. 3. AUTHORIZATION FOR UNITED STATES PARTICIPA-
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TION IN, AND CONTRIBUTIONS TO, THE SEV-
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ENTH CAPITAL INCREASE FOR THE AFRICAN
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DEVELOPMENT BANK.
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The African Development Bank Act (22 U.S.C. 290i
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et seq.) is amended by adding at the end the following:
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‘‘SEC. 1345. SEVENTH CAPITAL INCREASE.
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‘‘(a) SUBSCRIPTION AUTHORIZED.—
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‘‘(1) The United States Governor of the Bank
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may subscribe on behalf of the United States to
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532,023 additional shares of the capital stock of the
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Bank.
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‘‘(2) Any subscription by the United States to
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the capital stock of the Bank shall be effective only
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•HR 6327 IH
to such extent and in such amounts as are provided
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in advance in appropriations Acts.
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‘‘(b) LIMITATIONS ON AUTHORIZATION OF APPRO-
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PRIATIONS.—
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‘‘(1) In order to pay for the increase in the
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United States subscription to the Bank under sub-
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section (a), there are authorized to be appropriated,
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without fiscal year limitation, $7,286,587,008 for
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payment by the Secretary of the Treasury.
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‘‘(2) Of the amount authorized to be appro-
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priated under paragraph (1)—
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‘‘(A) $437,190,016 shall be for paid in
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shares of the Bank; and
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‘‘(B) $6,849,396,992 shall be for callable
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shares of the Bank.’’.
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Æ
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