Maria Salazar (R-FL)

To authorize the Secretary of the Treasury to subscribe to additional shares of the capital stock of the Inter-American Investment Corporation.

H.R. 6892 · House bill Finance and Financial Sector

A Republican bill with no cosponsors

Last activity — Referred to the House Committee on Financial Services.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill allows the Secretary of the Treasury to buy up to 25,124 more shares of the capital stock of the Inter-American Investment Corporation. The purchase of these shares can only happen if the money is provided in advance by appropriations Acts.

Yes· 3 of 9

  • Scored +2

    Does this send more money or help to other countries?

    Increasing shares in the Inter-American Investment Corporation represents a commitment of financial resources toward international development.

  • Scored +2

    Does this strengthen ties with allied countries?

    Greater participation in a regional investment corporation strengthens ties with Latin American and Caribbean partners.

  • Scored +2

    Does this favour talking over confrontation abroad?

    Financial commitments to international development bodies generally enhance diplomatic relations.

The opposite

  • Scored -1

    Does this reduce what the federal government owes?

    The bill authorizes additional spending for the purchase of shares, which potentially increases government expenditure.

  • Scored -1

    Does this reduce what the federal government spends?

    The bill allows for the expenditure of funds to subscribe to additional shares.