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    <updateDate>2025-12-05T09:11:20Z</updateDate>
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    <introducedDate>2023-07-25</introducedDate>
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            <name>Referred To</name>
            <date>2023-07-25T20:24:36Z</date>
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        <title>IDB Transparency Act</title>
        <congress>118</congress>
        <number>4865</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2023-07-25</actionDate>
          <text>Referred to the House Committee on Financial Services.</text>
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        <text>Read twice and referred to the Committee on Foreign Relations.</text>
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        <text>Introduced in Senate</text>
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          <name>Library of Congress</name>
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        <fullName>Sen. Hagerty, Bill [R-TN]</fullName>
        <firstName>Bill</firstName>
        <lastName>Hagerty</lastName>
        <party>R</party>
        <state>TN</state>
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        <fullName>Sen. Menendez, Robert [D-NJ]</fullName>
        <firstName>Robert</firstName>
        <lastName>Menendez</lastName>
        <party>D</party>
        <state>NJ</state>
        <sponsorshipDate>2023-07-25</sponsorshipDate>
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        <fullName>Sen. Rubio, Marco [R-FL]</fullName>
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        <lastName>Rubio</lastName>
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        <state>FL</state>
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        <fullName>Sen. Kaine, Tim [D-VA]</fullName>
        <firstName>Timothy</firstName>
        <lastName>Kaine</lastName>
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        <state>VA</state>
        <middleName>M.</middleName>
        <sponsorshipDate>2023-07-25</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>R000584</bioguideId>
        <fullName>Sen. Risch, James E. [R-ID]</fullName>
        <firstName>James</firstName>
        <lastName>Risch</lastName>
        <party>R</party>
        <state>ID</state>
        <middleName>E.</middleName>
        <sponsorshipDate>2023-09-13</sponsorshipDate>
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      <name>International Affairs</name>
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    <subjects>
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      <policyArea>
        <name>International Affairs</name>
        <updateDate>2023-08-29T13:15:42Z</updateDate>
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    <summaries>
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        <versionCode>00</versionCode>
        <actionDate>2023-07-25</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2024-04-19T18:40:00Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;b&gt;IDB Transparency Act&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill directs the U.S. Executive Director at the Inter-American Development Bank (IDB) to act to reduce China's influence and to promote greater transparency about China's role in the IDB. &lt;/p&gt; &lt;p&gt;Specifically, the U.S. Executive Director must vote and advocate to reduce the influence of China's government and Chinese companies at the IDB, including by opposing any IDB funding or projects that (1) are at least 10% funded by China or Chinese companies, and (2) present risks to U.S. national interests. Additionally, the U.S. Executive Director must vote against and take other actions to oppose the acquisition of IDB stock by China or Chinese companies.&lt;/p&gt; &lt;p&gt;The bill also directs the Department of the Treasury to provide Congress with a report on China's influence at the IDB, including an action plan to reduce Chinese involvement in IDB projects. If the report is not provided within 180 days of the bill's enactment, the U.S. Executive Director must vote against or act to prevent a quorum for any vote related to the IDB budget until the IDB takes available steps to provide to Treasury the information needed for the report.&lt;/p&gt; &lt;/p&gt;</text>
        </cdata>
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    </summaries>
    <title>IDB Transparency Act</title>
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        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>IDB Transparency Act</title>
        <updateDate>2024-07-24T15:20:53Z</updateDate>
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        <titleType>Short Title(s) as Introduced</titleType>
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        <title>IDB Transparency Act</title>
        <updateDate>2024-05-24T13:37:34Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill to increase transparency regarding the activities, and reduce the malign influence of, the People's Republic of China in the Inter-American Development Bank, and for other purposes.</title>
        <updateDate>2024-04-23T06:11:20Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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    </titles>
    <textVersions>
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        <type>Introduced in Senate</type>
        <date>2023-07-25T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118s2470is/xml/BILLS-118s2470is.xml</url>
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    <latestAction>
      <actionDate>2023-07-25</actionDate>
      <text>Read twice and referred to the Committee on Foreign Relations.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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