,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #bega  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #bb1 #bjae ,ms4  
,bass 7= h]self1 ,mr4 ,royce1 ,mr4      
,engel1 ,mr4 ,cr5%aw1 & ,mr4 ,smi? (    
,wa%+ton7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,=eign       
,affairs  ,a ,,bill  ,to am5d !         
,mill5nium ,*all5ge ,act ( #bjjc to     
au?orize concurr5t compacts = purposes (
 regional economic integration &        
cross-bord] collaborations1 & = o!r     
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,mill5nium ,compacts =     
,regional ,economic ,integration ,act or
 ,m-,,core ,act4  #b4 ,purpose ,?is     
purpose ( ?is ,act is to exp& !         
,mill5nium ,*all5ge ,corporation's      
ability to develop compacts ) c\ntries1 
p>ticul>ly 9 ,africa1 t promote regional
 economic integration & cross-bord]     
collaborations4  #c4 ,c&idate c\ntries  
7a7 ,l[ income c\ntries ,section        
#fjf7;a7 ( ! ,mill5nium ,*all5ge ,act ( 
#bjjc 7#bb ,u4,s4,c4 #ggje7;a77 is      

am5d$-- 7#a7 9 p>agraph 7#a77;,b71 by   
/rik+ 7#c7 & ins]t+ 7#d72  7#b7 9       
p>agraph 7#b7-- 7,a7 9 ! head+1 by /rik+
 ,fiscal ye> #bjje & subsequ5t fiscal   
ye>s & ins]t+ ,fiscal ye>s #bjje ?r\gh  
#bjab2 &  7,b7 by /rik+ fiscal ye> #bjje
 or a subsequ5t fiscal ye> & ins]t+     
fiscal ye>s #bjje ?r\gh #bjab2  7#c7 by 
r$esignat+ p>agraph 7#c7 z p>agraph     
7#d72 &  7#d7 by ins]t+ aft] p>agraph   
7#b7 ! foll[+3  7#c7 ,fiscal ye> #bjac &
 subsequ5t fiscal ye>s ,a c\ntry %all be
 a c&idate c\ntry = purposes (          
eligibility = assi/ance = fiscal ye>    
#bjac or a subsequ5t fiscal ye> if !    
c\ntry--  7,a7 has a p] capita income   
equal to or less ?an ! l[] middle income
 c\ntry ?re%old e/abli%$ by !           
,int]national ,bank = ,recon/ruction &  
,developm5t = ! fiscal ye>2  7,b7 is    
among ! #ge c\ntries id5tifi$ by !      
,int]national ,bank = ,recon/ruction &  
,developm5t z hav+ ! l[e/ p] capita     
income2 &  7,c7 meets ! requirem5ts (   
p>agraph 7#a77;,b74  4  7b7 ,l[] middle 

income c\ntries ,section #fjf7;b7 ( !   
,mill5nium ,*all5ge ,act ( #bjjc 7#bb   
,u4,s4,c4 #ggje7;b77 is am5d$--  7#a7 9 
p>agraph 7#a7-- 7,a7 9 ! head+1 by /rik+
 ,9 g5]al & ins]t+ ,fiscal ye>s #bjjf   
?r\gh #bjab2 &  7,b7 9 ! matt] prec$+   
subp>agraph 7,a71 by /rik+ fiscal ye>   
#bjjf or a subsequ5t fiscal ye> & ins]t+
 fiscal ye>s #bjjf ?r\gh #bjab2  7#b7 by
 r$esignat+ p>agraph 7#b7 z p>agraph    
7#c72 &  7#c7 by ins]t+ aft] p>agraph   
7#a7 ! foll[+3  7#b7 ,fiscal ye> #bjac &
 subsequ5t fiscal ye>s ,9 addition to ! 
c\ntries describ$ 9 subsection 7a71 a   
c\ntry %all be a c&idate c\ntry =       
purposes ( eligibility = assi/ance =    
fiscal ye> #bjac or a subsequ5t fiscal  
ye> if ! c\ntry--  7,a7 has a p] capita 
income equal to or less ?an ! l[] middle
 income c\ntry ?re%old e/abli%$ by !    
,int]national ,bank = ,recon/ruction &  
,developm5t = ! fiscal ye>2  7,b7 is n  
among ! #ge c\ntries id5tifi$ by !      
,int]national ,bank = ,recon/ruction &  
,developm5t z hav+ ! l[e/ p] capita     

income2 &  7,c7 meets ! requirem5ts (   
subsection 7a77#a77;,b74  4  7c7        
,reclassification ,section #fjf ( !     
,mill5nium ,*all5ge ,act ( #bjjc 7#bb   
,u4,s4,c4 #ggje7 is am5d$--  7#a7 by    
r$esignat+ subsection 7c7 z subsection  
7d72 &  7#b7 by ins]t+ aft] subsection  
7b7 ! foll[+3  7c7 ,limitations on      
reclassification  7#a7 ,= l[ income     
c\ntries ,if ! p] capita income ( a l[  
income c\ntry t is a c&idate c\ntry "u  
subsection 7a7 *anges dur+ ! fiscal ye> 
= :i* ! c\ntry is eligible to receive   
assi/ance "u ?is title su* t ! c\ntry   
w\ld be reclassifi$ z a l[] middle      
income c\ntry "u subsection 7b71 !      
c\ntry %all be deem$ to cont9ue to meet 
! p] capita income requirem5ts "u       
subsection 7a7 = su* fiscal ye> & ! two 
subsequ5t fiscal ye>s4  7#b7 ,= l[]     
middle income c\ntries ,if ! p] capita  
income ( a l[] middle income c\ntry t is
 a c&idate c\ntry "u subsection 7b7     
*anges dur+ ! fiscal ye> = :i* ! c\ntry 
is eligible to receive assi/ance "u ?is 

title su* t ! c\ntry w\ld be reclassifi$
 z a l[ income c\ntry "u subsection 7a71
 ! c\ntry %all be deem$ to cont9ue to   
meet ! p] capita income requirem5ts "u  
subsection 7b7 = su* fiscal ye> & ! two 
subsequ5t fiscal ye>s4  4  #d4          
,mill5nium ,*all5ge ,compact  7a7       
,concurr5t compacts ,section #fji ( !   
,mill5nium ,*all5ge ,act ( #bjjc 7#bb   
,u4,s4,c4 #ggjh7 is am5d$-- 7#a7 by     
/rik+ ! fir/ s5t5ce ( subsection 7k72   
7#b7 by r$esignat+ subsection 7k7 7z s  
am5d$7 z subsection 7l72 &  7#c7 by     
ins]t+ aft] subsection 7j7 ! foll[+ new 
subsection3  7k7 ,concurr5t compacts ,an
 eligible c\ntry t has ent]$ into & has 
9 effect a ,compact "u ?is section may  
ent] into & h 9 effect at ! same "t n m 
?an "o additional ,compact 9 accordance 
) ! requirem5ts ( ?is title if--  7#a7  
"o or bo? ( ! ,compacts are or w be =   
purposes ( regional economic            
integration1 increas$ regional trade1 or
 cross-bord] collaborations2 &  7#b7 !  
,bo>d det]m9es t ! c\ntry is mak+       

consid]able & demon/rable progress 9    
implem5t+ ! t]ms ( ! exi/+ ,compact &   
supplem5t>y agreem5ts !reto4  4  7b7    
,applicability ,! am5dm5ts made by      
subsection 7a7 apply ) respect to       
,compacts ent]$ into betwe5 ! ,unit$    
,/ates & an eligible c\ntry "u !        
,mill5nium ,*all5ge ,act ( #bjjc be=e1  
on1 or aft] ! date ( ! enactm5t ( ?is   
,act4  7c7 ,con=m+ am5dm5t ,section     
#fac7;b77#b77;,a7 ( su* ,act 7#bb       
,u4,s4,c4 #ggab7;b77#b77;,a77 is am5d$  
by /rik+ 8!0 be=e 8,compact0 & ins]t+   
8any04  #e4 ,congressional & public     
notification ,section #faj ( !          
,mill5nium ,*all5ge ,act ( #bjjc 7#bb   
,u4,s4,c4 #ggji7 is am5d$ to read z     
foll[s3  #faj4 ,congressional & public  
notification  7a7 ,congressional        
consultations & notifications  7#a7 ,9  
g5]al ,! ,bo>d1 act+ ?r\gh ! ,*ief      
,executive ,(fic]1 %all consult ) &     
notify ! appropriate congressional      
committees n lat] ?an #ae days prior to 
tak+ any ( ! actions describ$ 9 p>agraph

 7#b74  7#b7 ,actions describ$ ,!       
actions describ$ 9 ?is p>agraph are !   
foll[+3 7,a7 ,provid+ assi/ance = an    
eligible c\ntry "u section #fji7;g74    
7,b7 ,comm5c+ negotiations ) an eligible
 c\ntry to provide assi/ance =-- 7i7 a  
,compact "u section #fje2 or  7ii7 an   
agreem5t "u section #faf4  7,c7 ,sign+  
su* a ,compact or agreem5t4  7,d7       
,t]m9at+ assi/ance "u su* a ,compact or 
agreem5t4  7#c7 ,additional requirem5t  
,any notification relat+ to ! int5t to  
negotiate & int5t to sign a ,compact or 
agreem5t %all include ! project$        
economic rate ( return = ea* project to 
be fund$ "u su* a ,compact or agreem5t  
to ! ext5t practicable & appropriate4   
7b7 ,congressional & public notification
 aft] ent]+ into a compact ,n lat] ?an  
#aj days aft] ent]+ into a ,compact ) an
 eligible c\ntry1 ! ,bo>d1 act+ ?r\gh ! 
,*ief ,executive ,(fic]1 %all--  7#a7   
publi% a copy ( ! text ( ! ,compact on !
 ,int]net website ( ! ,corporation2     
7#b7 provide a detail$ summ>y &1 ^u     

reque/1 copy ( ! text ( ! ,compact to ! 
appropriate congressional committees2 & 
7#c7 publi% 9 ! ,f$]al ,regi/] a detail$
 summ>y & notice ( availability ( ! text
 ( ! ,compact on ! ,int]net website ( ! 
,corporation4  4  #f4 ,disclosure  7a7  
,requirem5t = timely disclosure ,section
 #fab7;a7 ( ! ,mill5nium ,*all5ge ,act (
 #bjjc 7#bb ,u4,s4,c4 #ggaa7;a77 is     
am5d$-- 7#a7 9 ! subsection head+1 by   
ins]t+ timely be=e disclosure2 &  7#b7 9
 ! matt] prec$+ p>agraph 7#a7-- 7,a7 by 
/rik+ ,! ,corporation & ins]t+ ,n lat]  
?an #ij days aft] ! la/ day ( ea* fiscal
 qu>t]1 ! ,corporation2 &  7,b7 by /rik+
 on at lea/ a qu>t]ly basis14  7b7      
,dissem9ation ,section #fab ( !         
,mill5nium ,*all5ge ,act ( #bjjc 7#bb   
,u4,s4,c4 #ggaa7 is am5d$ by /rik+ 7b7 &
 ins]t+ ! foll[+3  7b7 ,dissem9ation ,! 
,bo>d1 act+ ?r\gh ! ,*ief ,executive    
,(fic]1 %all make ! in=mation requir$ to
 be disclos$ "u subsection 7a7 available
 to ! public by publi%+ x on ! ,int]net 
website ( ! ,corporation1 provid+ notice

 ( ! availability ( su* in=mation 9 !   
,f$]al ,regi/]1 & by any o!r me?ods t ! 
,bo>d det]m9es to be appropriate4  4