M-CORE Act

3.0.0 1605 2023-01-11T13:30:40Z 2023-01-11T13:30:40Z Senate S 2015-06-18 114 ssfr00 Foreign Relations Committee Senate Standing Reported by 2016-06-28T22:09:30Z Markup by 2016-06-23T14:08:34Z Referred to 2015-06-18T14:51:10Z M-CORE Act 114 2571 HR 2015-05-22 Referred to the House Committee on Foreign Affairs. Related bill CRS 2016-06-28 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 534. Calendars 2016-06-28 ssfr00 Foreign Relations Committee Senate Committee on Foreign Relations. Reported by Senator Corker with an amendment in the nature of a substitute. Without written report. Committee 2016-06-28 Committee on Foreign Relations. Reported by Senator Corker with an amendment in the nature of a substitute. Without written report. Committee 14000 9 Library of Congress ssfr00 Foreign Relations Committee 2016-06-23 ssfr00 Foreign Relations Committee Senate Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably. Committee 2015-06-18 ssfr00 Foreign Relations Committee Senate Read twice and referred to the Committee on Foreign Relations. (Sponsor introductory remarks on measure: CR S4836-4837) IntroReferral 2015-06-18 Introduced in Senate IntroReferral 10000 9 Library of Congress C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD N F000444 Sen. Flake, Jeff [R-AZ] JEFF FLAKE R AZ 2015-06-18 True C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2015-06-18 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2015-06-18 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2016-09-15 False 2016-09-26 M001169 Sen. Murphy, Christopher [D-CT] Christopher Murphy D CT S. 2016-09-26 False P000595 Sen. Peters, Gary C. [D-MI] Gary Peters D MI 2016-12-06 False 2016-07-20T16:01:00Z S. 1605, Millennium Compacts for Regional Economic Integration Act https://www.cbo.gov/publication/51814 As reported by the Senate Committee on Foreign Relations on June 28, 2016 International Affairs Africa Foreign aid and international relief Government corporations and government-sponsored enterprises International organizations and cooperation Multilateral development programs Trade agreements and negotiations International Affairs

00 2015-06-18 Introduced in Senate 2015-06-25T20:43:47Z Millennium Compacts for Regional Economic Integration Act or the M-CORE Act

States that the purpose of this Act is to expand the Millennium Challenge Corporation's ability to develop compacts with nations, particularly in Africa, that promote regional economic integration and cross-border collaborations.

Amends the Millennium Challenge Act of 2003 to provide that an eligible country and the United States may enter into and have in effect at the same time not more than one additional Compact if:

one or both of the Compacts are or will be for purposes of regional economic integration, increased regional trade, or cross-border collaborations; and
the country is making considerable and demonstrable progress in implementing the terms of any existing Compacts.

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01 2016-06-28 Reported to Senate with amendment(s) 2016-10-06T15:29:50Z Millennium Compacts for Regional Economic Integration Act or the M-CORE Act

(Sec. 3) This bill amends he Millennium Challenge Act of 2003 to provide that a country that is eligible for assistance under such Act and the United States may enter into and have in effect at the same time not more than one additional compact if:

one or both of the compacts are or will be for purposes of regional economic integration, increased regional trade, or cross-border collaborations; and
the country is making considerable and demonstrable progress in implementing the terms of any existing compacts.

(Sec. 4) The bill provides that a country qualifying for candidate status as an eligible country with a per capita income that changes in the fiscal year such that the country would be reclassified from a low income country to a lower middle income country, or from a lower middle income country to a low income country, shall retain its candidacy status in its former income classification for such fiscal year and the two subsequent fiscal years.

(Sec. 5) A member of the corporation's board who is not a federal officer may continue to serve in each initial or additional appointment for up to one year until his or her successor is appointed.

(Sec. 6) The board, after entering into a compact, shall publish in the Federal Register a notice that the compact's summary and text are available on the corporation's Internet website and provide the website's address. (The board is currently required to publish a compact's summary and text in the Federal Register and on the corporation's Internet website.)

(Sec. 7) The bill prohibits assistance for a country that does not qualify as a candidate country for the fiscal year when such assistance is provided. (A candidate country is a country that: (1) satisfies specified low income- and assistance-related requirements; and (2) demonstrates a significant commitment to, but fails to meet, specified political, economic, and social criteria.)

(Sec. 8) Before the board selects an eligible country for a compact, the corporation shall provide the board with information on the country's treatment of civil society.

(Sec. 9) The corporation shall submit a study within 180 days assessing the feasibility of developing partnerships at the subnational level within candidate countries that would be complementary to and concurrent with national or regional investments.

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Millennium Compacts for Regional Economic Integration Act Display Title Millennium Compacts for Regional Economic Integration Act Official Title as Introduced A bill to amend the Millennium Challenge Act of 2003 to authorize concurrent compacts for purposes of regional economic integration and cross-border collaborations, and for other purposes. Introduced in Senate IS Short Titles as Introduced M-CORE Act Short Titles as Introduced Millennium Compacts for Regional Economic Integration Act Short Titles as Reported to Senate Millennium Compacts for Regional Economic Integration Act S Senate Short Titles as Reported to Senate M-CORE Act S Senate Reported to Senate 2016-06-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1605rs/xml/BILLS-114s1605rs.xml Introduced in Senate 2015-06-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1605is/xml/BILLS-114s1605is.xml 2016-06-28 Placed on Senate Legislative Calendar under General Orders. Calendar No. 534. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.