H.R. 3326 - 115th Congress (2017-2018) - World Bank Accountability Act of 2017

This bill provides that for each of FY2018-FY2023, 15% of appropriations for the World Bank's International Development Association shall be withheld and not disbursed until the Department of the Treasury reports to Congress that the International Bank for Reconstruction and Development: (1) is implementing institutional incentives that prioritize poverty reduction, development outcomes, and capable project management over the Bank's lending and grant making volume; (2) is taking, or has completed, steps to address the management failures from the Uganda Transport Sector Development Project; and (3) is strengthening its trust fund management in order to increase accountability for poverty reduction and development outcomes.

An additional 15% of appropriations for such fiscal years shall be withheld and not disbursed until Treasury reports that the International Bank for Reconstruction and Development: (1) is emphasizing its support for secure property rights, due process of law, and economic freedom as essential to sustained poverty reduction in World Bank borrowing countries; (2) has not approved any loans or grants to a country designated by the U.S. as a state sponsor of terrorism and is strengthening the ability of Bank-funded projects to undermine violent extremism; (3) is taking steps to conduct randomized forensic audits of projects receiving Bank assistance; and (4) is working to detect and minimize corruption in projects involving development policy lending.

Such conditions will be considered to have been satisfied for a fiscal year if they have been satisfied for the preceding three fiscal years.

The bill amends the International Development Association Act to authorize the Governor of the International Development Association to contribute a specified amount on behalf of the United States to the 18th replenishment of the association's resources.

Text (4)

January 18, 2018

January 17, 2018

September 7, 2017

July 20, 2017

Amendments (3)

Jan 17, 2018

Agreed to in House

Sponsorship

House Amendment 513

An amendment numbered 3 printed in Part A of House Report 115-518 to make U.S. opposition to IDA assistance for a foreign government mandatory if the government knowingly fails to enforce UN Security Council sanctions against North Korea.

Agreed To

Jan 17, 2018

Agreed to in House

Sponsorship

House Amendment 512

Amendment requires a report on steps taken by the World Bank to ensure G-5 visa holders employed by World Bank diplomats and staff are informed of the protections afforded to them pursuant to the William Wilberforce Trafficking Victims Protection Reauthorization Act.

Agreed To

Jan 17, 2018

Agreed to in House

Sponsorship

House Amendment 511

An amendment numbered 1 printed in Part A of House Report 115-518 to modify a Treasury reporting requirement to ensure that the World Bank is promoting reduction of government barriers to entrepreneurship as an important component of poverty reduction.

Agreed To

Actions (29)

Show Only Major Actions

01/18/2018

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

01/17/2018

Motion to reconsider laid on the table Agreed to without objection.

01/17/2018

On passage Passed by recorded vote: 237 - 184 (Roll no. 24).

01/17/2018

Passed/agreed to in House: On passage Passed by recorded vote: 237 - 184 (Roll no. 24).

01/17/2018

The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. (text of amendment in the nature of a substitute: CR H448-449)

01/17/2018

The previous question was ordered pursuant to the rule.

01/17/2018

The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3326.

01/17/2018

UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question on adoption of an amendment which had been debated earlier and on which further proceedings had been postponed.

01/17/2018

The House resolved into Committee of the Whole House on the state of the Union for further consideration.

01/17/2018

Considered as unfinished business. (consideration: CR H452-454)

01/17/2018

Committee of the Whole House on the state of the Union rises leaving H.R. 3326 as unfinished business.

01/17/2018

On motion that the Committee rise Agreed to by voice vote.

01/17/2018

Mr. Hensarling moved that the Committee rise.

01/17/2018

DEBATE - Pursuant to the provisions of H.Res. 693, the Committee of the Whole proceeded with 10 minutes of debate on the Barr amendment No. 3.

01/17/2018

POSTPONED PROCEEDINGS - At the conclusion of debate on the Connolly amendment No. 2, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Connolly demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.

01/17/2018

DEBATE - Pursuant to the provisions of H.Res. 693, the Committee of the Whole proceeded with 10 minutes of debate on the Connolly amendment No. 2.

01/17/2018

DEBATE - Pursuant to the provisions of H.Res. 693, the Committee of the Whole proceeded with 10 minutes of debate on the Norman amendment No. 1.

01/17/2018

GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3326.

01/17/2018

The Speaker designated the Honorable John J. Duncan, Jr. to act as Chairman of the Committee.

01/17/2018

House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 693 and Rule XVIII.

01/17/2018

The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures.

01/17/2018

Considered under the provisions of rule H. Res. 693. (consideration: CR H440-452)

01/16/2018

Rules Committee Resolution H. Res. 693 Reported to House. The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures.

09/07/2017

Placed on the Union Calendar, Calendar No. 214.

09/07/2017

Reported (Amended) by the Committee on Financial Services. H. Rept. 115-298.

07/25/2017

Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.

07/25/2017

Committee Consideration and Mark-up Session Held.

07/20/2017

Referred to the House Committee on Financial Services.

07/20/2017

Introduced in House

Public Record

Record Updated

Jan 11, 2023 1:37:23 PM