,,ii ,cal5d> ,no4 #ecd #aad? ,,congress 
#b;d ,session  ,s4 #afje  ,,9 ,,!       
,,s5ate ,,( ,,! ,,unit$ ,,/ates  ,june  
#ah1 #bjae,mr4 ,c>d9 7= himself1 ,mr4   
,flake1 ,mr4 ,coons1 & ,mr4 ,isakson7   
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,=eign
 ,relations  ,june #bh1 #bjaf,report$ by
 ,mr4 ,cork]1 ) an amendment,strike out 
all aft] ! enact+ clause & ins]t ! "p   
pr9t$ 9 italic  ,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 ,act 4  #b4 ,f9d+s         
,congress makes ! foll[+ f9d+s3 7#a7    
,ov] ! la/ #ej ye>s1 economies ar\nd !  
_w h exp]i5c$ significant & su/a9$ gr[? 
t has be5 fuel$ by support to regional  
infra/ructure & integrat$ trade         
agreem5ts4  7#b7 ,un=tunately1 _m       

c\ntries & _! economies are isolat$ & w 
require great] support to b5efit f      
regional integration ( m>kets1          
infra/ructure1 & trade promotion-type   
policies4  7#c7 ,by connect+ isolat$    
economies ar\nd ! _w1 !re exi/s !       
pot5tial to increase inve/m5t           
opportunities & support m>ket-bas$ gr[?4
  7#d7 ,develop+ c\ntries1 int]national 
organizations1 & regional economic      
bodies h increas+ly realiz$ t key driv]s
 to economic gr[? mu/ involve great]    
cross-bord] collaboration & regional    
economic integration4  7#e7 ,!          
,mill5nium ,*all5ge ,corporation 7,,mcc7
 plays a unique role 9 economic         
developm5t ?r\gh\t ! _w & pursues its   
mission ( r$uc+ pov]ty ?r\gh economic   
gr[? by mak+ "t-b\nd grant inve/m5ts    
?r\gh data selectivity1 c\ntry own]%ip1 
& a focus on results4  7#f7 ,! ,,mcc's  
compacts h increas$ access to reliable  
p[]1 built highway corridors1 & improv$ 
bus9ess climates1 !reby promot+ economic
 gr[? & cross-bord] engagem5t )9 ,,mcc  

p>tn] c\ntries4  7#g7 ,! ,,mcc's        
ext5sive analysis has conclud$ t a      
regional approa* to pov]ty r$uction1 "u 
! "r circum/ances1 c pres5t             
opportunities to take advantage ( high] 
rates ( return on inve/m5t & l>g] scale 
r$uctions 9 pov]ty4  7#h7 ,?is increas$ 
flexibility w\ld promote economic gr[? &
 cross-bord] engagem5t betwe5 & among   
c\ntries1 creat+ l>g] & m compatible    
m>kets & enabl+ ! ,unit$ ,/ates private 
sector to compete m effectively & p>tn] 
) ! ho/-c\ntry private sectors4  7#i7 ,!
 ,,mcc is develop+ new p>tn]%ips 9      
,asia1 includ+ implem5tation ( curr5t   
compacts 9 ,indonesia & ! ,philipp9es1  
new compacts = ,mongolia & !            
,philipp9es1 & ,,mcc's fir/-ev] compact 
engagem5t 9 ,s\? ,asia4  7#aj7 ,9       
,c5tral ,am]ica1 ! ,,mcc's "w 9 road    
infra/ructure c\ld pot5tially h _h an   
ev5 great] impact _h ! roads connect$   
across bord]s4  7#aa7 ,9 ,africa1       
neighbor+ c\ntries c\ld collaborate on a
 regional p[] pool1 connect l& lock$    

c\ntries to transport1 or address o!r   
policy1 in/itutional1 & logi/ical issues
 t hamp] trade4  7#ab7 ,to make a       
coord9at$ regional inve/m5t across      
sev]al c\ntries "w1 ! ,bo>d ( ,directors
 ( ! ,,mcc w\ld ne$ to select a block ( 
c\ntries at ! same "t to coord9ate      
project developm5t & compact sign+s1 :i*
 is unreali/ic1 or be able to ent] into 
a concurr5t compact ) "o ( ^? c\ntries1 
= :i* x curr5tly lacks au?ority4  #c4   
,purpose ,! 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  #d4 ,mill5nium *all5ge 
compact  7a7 ,9 g5]al ,section #fji ( ! 
,mill5nium ,*all5ge ,act ( #bjjc 7#bb   
,u4,s4,c4 #ggjh7 is am5d$-- 7#a7 9      
subsection 7k71 by /rik+ ! fir/ s5t5ce2 
&  7#b7 by add+ aft] subsection 7k7 !   
foll[+ new subsection3  7l7 ,concurr5t  
compacts ,an eligible c\ntry & ! ,unit$ 

,/ates t h ent]$ into & h 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 ( any exi/+ ,compacts &
 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 7#bb   
,u4,s4,c4 #ggja et seq47 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+ ! be=e ,compact & ins]t+ any4  
#a4 ,%ort title ,?is ,act may be cit$ z 

! ,mill5nium ,compacts = ,regional      
,economic ,integration ,act or !        
,m-,,core ,act4  #b4 ,purpose ,! 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]               
collaborations1 & make o!r *anges to !  
,mill5nium ,*all5ge ,act ( #bjjc to     
promote ! ,mill5nium ,*all5ge           
,corporation's mission4  #c4 ,mill5nium 
*all5ge compact  7a7 ,9 g5]al ,section  
#fji ( ! ,mill5nium ,*all5ge ,act (     
#bjjc 7#bb ,u4,s4,c4 #ggjh7 is am5d$--  
7#a7 9 subsection 7k71 by /rik+ ! fir/  
s5t5ce2 &  7#b7 by add+ aft] subsection 
7k7 ! foll[+ new subsection3  7l7       
,concurr5t ,compacts ,an eligible c\ntry
 & ! ,unit$ ,/ates t h ent]$ into & h 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 ( any exi/+ ,compacts &
 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 7#bb   
,u4,s4,c4 #ggja et seq47 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+ ! ,compact & ins]t+ any        
,compact4  #d4 ,c&idacy /atus ,section  
#fjf7;a77#b7 ( ! ,mill5nium ,*all5ge    
,act ( #bjjc 7#bb ,u4,s4,c4 #ggje7 is   
am5d$--  7#a7 by r$esignat+ subp>agraphs
 7,a7 & 7,b7 z clauses 7i7 & 7ii71      
respectively1 & mov+ su* clauses1 z s   
r$esignat$1 #b ems to ! "r2  7#b7 by    

/rik+ fiscal ye>s4--,a c\ntry & ins]t+ !
 foll[+ 8fiscal ye>s4--  7,a7 ,9 g5]al  
,a c\ntry  2 &  7#c7 by add+ at ! end ! 
foll[+ new subp>agraph3  7,b7 ,treatm5t 
( c\ntries ) p] capita income *anges ,a 
c\ntry qualify+ = c&idate /atus "u ?is  
section ) a p] capita income t *anges 9 
! fiscal ye> su* t ! c\ntry w\ld be     
reclassifi$ f a l[ income c\ntry to a   
l[] middle income c\ntry or f a l[]     
middle income c\ntry to a l[ income     
c\ntry %all reta9 its c&idacy /atus 9   
its =m] income classification = su*     
fiscal ye> & ! two subsequ5t fiscal     
ye>s4  4  #e4 ,c>ryov] au?ority =       
private sector memb]s ( bo>d ( directors
 ,section #fjd7;c77#d77;,b7 ( !         
,mill5nium ,*all5ge ,act ( #bjjc 7#bb   
,u4,s4,c4 #ggjc7;c77#d77;,b77 is am5d$--
 7#a7 by /rik+ #c ye>s & may be & ins]t+
 #c ye>s1 may be2 &  7#b7 by ins]t+ 1 & 
may cont9ue 9 ea* appo9tm5t to s]ve     
until 8 or h] successor is appo9t$1 b 9 
no case m ?an "o ye> aft] su* appo9tm5t 
or reappo9tm5t1 z ! case may be1 has    

expir$ aft] an additional #b ye>s4  #f4 
,public notification ( ent]+ into a     
compact ,section #faj ( ! ,mill5nium    
,*all5ge ,act ( #bjjc 7#bb ,u4,s4,c4    
#ggji7;b77 is am5d$ by /rik+ p>agraph   
7#b7 & ins]t+ ! foll[+ new p>agraph3    
7#b7 %all publi% 9 ! ,f$]al ,regi/] a   
notice t su* detail$ summ>y & ! text ( !
 ,compact is available on ! ,int]net    
website ( ! ,corporation & provide !    
address ( ! website4  4  #g4 ,re/riction
 on ! use ( ?re%old program funds       
,subsection 7d7 ( section #faf ( !      
,mill5nium ,*all5ge ,act ( #bjjc 7#bb   
,u4,s4,c4 #ggae7 is am5d$ to read z     
foll[s3  7d7 ,fund+  7#a7 ,fiscal ye>   
#bjjd ,n m ?an #aj p]c5t ( ! am\nt      
appropriat$ pursuant to ! au?orization (
 appropriations "u section #fai7;a7 =   
fiscal ye> #bjjd is au?oriz$ to be made 
available to c>ry out ?is section4  7#b7
 ,re/riction relat+ to ?re%old programs 
,none ( ! funds au?oriz$ to c>ry out !  
purposes ( ?is ,act %all be available = 
assi/ance "u ?is section to a c\ntry t  

does n qualify z a c&idate c\ntry "u    
section #fjf = ! fiscal ye> :5 su*      
assi/ance is provid$4  4  #h4           
,additional report+ to ! ,bo>d on !     
treatm5t ( civil society 9 an eligible  
c\ntry ,section #fjg ( ! ,mill5nium     
,*all5ge ,act ( #bjjc 7#bb ,u4,s4,c4    
#ggjf7 is am5d$-- 7#a7 9 subsection     
7b77#a7--  7,a7 9 subp>agraph 7,d71 by  
/rik+ 2 & & ins]t+ a semicolon2  7,b7 9 
subp>agraph 7,e71 by /rik+ ! semicolon  
at ! end & ins]t+ 2 &2 &  7,c7 by add+  
at ! end ! foll[+ new subp>agraph3  7,f7
 ! quality ( ! civil society enabl+     
environm5t2  2  7#b7 by r$esignat+      
subsections 7d7 & 7e7 z subsections 7f7 
& 7g71 respectively2 &  7#c7 by ins]t+  
aft] subsection 7c7 ! foll[+ new        
subsection3  7e7 ,report+ on treatm5t ( 
civil society ,be=e ! ,bo>d selects an  
eligible c\ntry = a ,compact "u section 
#fjg7;c71 ! ,corporation %all provide to
 ! ,bo>d in=mation on ! c\ntry's        
treatm5t ( civil society1 includ+       
classifi$ in=mation :5 appropriate4 ,!  

in=mation %all include an assessm5t &   
analysis ( factors su* z--  7#a7 any    
relevant laws gov]n+ ! =mation or       
e/abli%m5t ( a civil society            
organization1 p>ticul>ly laws int5d$ to 
curb ! activities ( =eign civil society 
organizations2  7#b7 any relevant laws  
gov]n+ ! op]ations ( a civil society    
organization1 p>ticul>ly ^? laws seek+  
to def9e or o!rwise regulate ! actions (
 =eign civil society organizations2     
7#c7 laws relat+ to ! legal /atus (     
civil society organizations1 includ+    
laws :i* effectively discrim9ate aga9/  
=eign civil society organizations z     
comp>$ to simil>ly situat$ dome/ic      
organizations2  7#d7 laws regulat+ !    
fre$om ( expression & peaceful assembly2
 &  7#e7 laws regulat+ ! usage ( !      
,int]net g5]ally & by =eign civil       
society organizations 9 p>ticul>4  4    
#i4 ,/udy on subnational compacts  7a7  
,9 g5]al ,n lat] ?an #ahj days aft] !   
date ( ! enactm5t ( ?is ,act1 !         
,mill5nium ,*all5ge ,corporation %all   

submit to ! appropriate congressional   
committees a /udy assess+ ! feasibility 
& desirability ( develop+ p>tn]%ips at !
 subnational level )9 c&idate c\ntries t
 w\ld be complem5t>y to1 &1 :]e         
applicable1 concurr5t )1 any ,mill5nium 
,*all5ge ,corporation national-level or 
regional inve/m5ts4  7b7 ,cont5t ,! /udy
 requir$ "u subsection 7a7 %all exam9e1 
at a m9imum1 ! foll[+ issues3 7#a7 ,!   
ext5t to :i* t>get+ inve/m5ts at !      
subnational level might provide new     
opportunities = r$uc+ pov]ty ?r\gh      
economic gr[?4  7#b7 ,! ext5t to :i*    
traditional approa*es to def9+ pov]ty   
may n adequately capture ! nature (     
pov]ty )9 a c\ntry4  7#c7 ,:at types (  
subnational entities might be           
appropriate p>tn]s = subnational        
,mill5nium ,*all5ge ,corporation        
compacts1 h[ su* c&idates might be/ be  
id5tifi$1 & :at role ea* national       
gov]nm5t %\ld play 9 creat+ or implem5t+
 a subnational p>tn]%ip4  7c7           
,appropriate congressional committees   

def9$ ,9 ?is section1 ! t]m appropriate 
congressional committees means-- 7#a7 ! 
,committee on ,=eign ,relations & !     
,committee on ,appropriations ( !       
,s5ate2 &  7#b7 ! ,committee on ,=eign  
,affairs & ! ,committee on              
,appropriations ( ! ,h\se (             
,repres5tatives4  ,june #bh1            
#bjaf,report$ ) an am5dm5t