Bill Sponsor
Senate Bill 1240
118th Congress(2023-2024)
Millennium Challenge Corporation Candidate Country Reform Act
Introduced
Introduced
Introduced in Senate on Apr 20, 2023
Overview
Text
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Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
S. 1240 (Reported-in-Senate)

Calendar No. 50

118th CONGRESS
1st Session
S. 1240


To modify the requirements for candidate countries under the Millennium Challenge Act of 2003, and for other purposes.


IN THE SENATE OF THE UNITED STATES

April 20, 2023

Mr. Risch (for himself and Mr. Menendez) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations

May 4, 2023

Reported by Mr. Menendez, without amendment


A BILL

To modify the requirements for candidate countries under the Millennium Challenge Act of 2003, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Millennium Challenge Corporation Candidate Country Reform Act”.

SEC. 2. Modifications of requirements to become a candidate country.

Section 606 of the Millennium Challenge Act of 2003 (22 U.S.C. 7705) is amended to read as follows:

“SEC. 606. Candidate countries.

“(a) In general.—A country shall be a candidate country for purposes of eligibility to receive assistance under section 605 if—

“(1) the per capita income of the country in a fiscal year is equal to or less than the World Bank threshold for initiating the International Bank for Reconstruction and Development graduation process for the fiscal year; and

“(2) subject to subsection (b), the country is not ineligible to receive United States economic assistance under part I of the Foreign Assistance Act of 1961 (22 U.S.C. 2151 et seq.) by reason of the application of any provision of the Foreign Assistance Act of 1961 or any other provision of law.

“(b) Rule of construction.—For the purposes of determining whether a country is eligible, pursuant to subsection (a)(2), to receive assistance under section 605, the exercise by the President, the Secretary of State, or any other officer or employee of the United States Government of any waiver or suspension of any provision of law referred to in subsection (a)(2), and notification to the appropriate congressional committees in accordance with such provision of law, shall be construed as satisfying the requirements under subsection (a).

“(c) Determination by the Board.—The Board shall determine whether a country is a candidate country for purposes of this section.”.

SEC. 3. Conforming amendments.

(a) Amendment To report identifying candidate countries.—Section 608(a)(1) of the Millennium Challenge Act of 2003 (22 U.S.C. 7707(a)(1)) is amended by striking “section 606(a)(1)(B)” and inserting “section 606(a)(2)”.

(b) Amendment to Millennium Challenge Compact authority.—Section 609(b)(2) of such Act (22 U.S.C. 7708(b)(2)) is amended—

(1) by amending the paragraph heading to read as follows: “Country contributions”; and

(2) by striking “with respect to a lower middle income country described in section 606(b),”.

(c) Amendment to authorization To provide assistance for candidate countries.—Section 616(b)(1) of such Act (22 U.S.C. 7715(b)(1)) is amended by striking “subsection (a) or (b) of section 606” and inserting “section 606(a)”.

SEC. 4. Modification to factors in determining eligibility.

Section 607(c)(2) of the Millennium Challenge Act of 2003 (22 U.S.C. 7706(c)(2)) is amended in the matter preceding subparagraph (A) by striking “consider” and inserting “prioritize need and impact by considering”.


Calendar No. 50

118th CONGRESS
     1st Session
S. 1240

A BILL
To modify the requirements for candidate countries under the Millennium Challenge Act of 2003, and for other purposes.

May 4, 2023
Reported without amendment