To amend the Better Utilization of Investments Leading to Development Act of 2018 to facilitate increased equity investments under that Act.
Last action on Jul 9, 2020Referred to the House Committee on Foreign Affairs.
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Summary
This bill changes how the federal government calculates the cost of investments made by the U.S. International Development Finance Corporation (DFC) when it takes an ownership stake in overseas businesses. Instead of requiring the government to set aside the full dollar amount of every investment upfront—as if the money were
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