,i #aafth ,,congress #ast ,session ,h4 ,r4 #chie ,,in ,,the ,,house ,,of ,,representatives ,july #bc1 #bjai,mr4 ,vargas 7for himself1 ,mr4 ,peters1 ,mrs4 ,davis of ,california1 and ,mr4 ,levin of ,california7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to provide for a general capital increase for the ,north ,american ,development ,bank1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,north ,american ,development ,bank's ,pollution ,solution ,act4 #b4 ,general capital increase ,part #b of subtitle ,d of title ,v of ,public ,law #ajc-ahb 7#bb ,u4,s4,c4 #bijm-#bijm-#e7 is amended by adding at the end the following3 #edg4 ,first capital increase 7a7 ,subscription authorized ,the ,secretary of the ,treasury is authorized to subscribe on behalf of the ,united ,states to1 and make payment for1 #aej1jjj additional shares of the capital stock of the ,bank4 7b7 ,limitation ,any subscription by the ,united ,states to the capital stock of the ,bank shall be effective only to such extent and in such amounts as are provided in advance in appropriations ,acts4 7c7 ,use of capital raised to further certain policy goals ,the ,secretary of the ,treasury shall instruct the ,united ,states ,executive ,director at the ,bank to use the voice and vote of the ,united ,states to prioritize using the capital raised through the purchase of additional shares of capital stock of the ,bank to further the policy goals set forth in section #c of the ,north ,american ,development ,bank's ,pollution ,solution ,act4 4 #c4 ,policy goals 7a7 ,in general ,in addition to projects within the mission and scope of the ,north ,american ,development ,bank1 including wastewater treatment1 water conservation1 municipal solid waste and related matters1 on the day before the date of the enactment of this ,act and pursuant to section #b of article ,,ii of the ,charter1 the ,secretary of the ,treasury shall direct the representatives of the ,united ,states to the ,board of ,directors of the ,bank to use their voice and vote of the ,united ,states to support the financing of projects related to environmental infrastructure relating to water pollution1 stormwater drainage1 non-point pollution and any other environmentally beneficial infrastructure project4 7b7 ,charter defined ,in this section1 the term ,charter means the ,agreement ,concerning the ,establishment of a ,border ,environment ,cooperation ,commission and a ,north ,american ,development ,bank1 signed at ,washington and ,mexico ,november #af and #ah1 #aiic1 and entered into force ,january #a1 #aiid 7,,tias #abeaf71 between the ,united ,states and ,mexico4 #d4 ,efficiencies and streamlining ,the ,secretary of the ,treasury shall direct the representatives of the ,united ,states to the ,board of ,directors of the ,north ,american ,development ,bank to use the voice and vote of the ,united ,states to seek to require the ,bank to develop and implement efficiency improvements to streamline and accelerate projects described in section #c7;a74 #e4 ,performance measures 7a7 ,in general ,the ,secretary of the ,treasury shall direct the representatives of the ,united ,states to the ,board of ,directors of the ,north ,american ,development ,bank to use the voice and vote of the ,united ,states to seek to require the ,bank to develop performance measures that-- 7#a7 demonstrate how projects and financing approved by the ,bank are meeting the ,bank's mission and providing added value to the region near the international land border between the ,united ,states and ,mexico2 and 7#b7 are reviewed and updated not less frequently than annually4 7b7 ,report to ,congress ,the ,secretary of the ,treasury shall submit to ,congress1 with the submission to ,congress of the budget of the ,president for a fiscal year under section #aaje7;a7 of title #ca1 ,united ,states ,code1 a report on progress in imposing the performance measures described in subsection 7a74 #f4 ,creation of the ,u4,s4-,mexico ,border ,public ,health ,trust ,fund in the ,north ,american ,development ,bank 7a7 ,short title ,this section may be cited as the ,u4,s4-,mexico ,border ,public ,health ,trust ,fund ,act of #bjai4 7b7 ,creation of the ,u4,s4-,mexico ,border ,public ,health ,trust ,fund ,part #b of subtitle ,d of title ,v of the ,north ,american ,free ,trade ,agreement ,implementation ,act 7#bb ,u4,s4,c4 #bijm-#bijm-#e71 as amended by section #b of this ,act1 is amended by adding at the end the following3 #edh4 ,u4,s4-,mexico ,border ,public ,health ,trust ,fund 7a7 ,establishment 7#a7 ,in general ,the ,secretary of the ,treasury1 in consultation with the ,secretary of ,state and the ,administrator of the ,environmental ,protection ,agency1 shall use the voice and vote of the ,united ,states to establish1 in the ,bank1 a trust fund 7which shall be known as the ,u4,s4-,mexico ,border ,public ,health ,trust ,fund7 which shall-- 7,a7 focus on designing1 implementing1 and financing1 through loans and grants1 environmental infrastructure projects relating to water pollution1 wastewater treatment1 water conservation1 municipal solid waste1 and related matters along the ,united ,states-,mexico border2 and 7,b7 be administered by the ,board of ,directors of the ,bank4 7#b7 ,report to the congress ,until the trust fund is established1 the ,secretary of the ,treasury shall submit to the ,committees of jurisdiction semiannual reports on the efforts of1 and progress made by1 the ,secretary in establishing the trust fund4 7b7 ,administration 7#a7 ,in general ,the ,secretary of the ,treasury1 in consultation with the ,secretary of ,state and the ,administrator of the ,environmental ,protection ,agency 7and1 in the case of matters relating to expenditures from the trust fund1 the ,secretary of ,homeland ,security1 the ,secretary of ,health and ,human ,services1 and the head of any department or agency of the ,federal ,government that has made a deposit into the trust fund71 shall use the voice and vote of the ,united ,states-- 7,a7 to support the development by the ,bank of performance measures for projects financed by the trust fund2 7,b7 to support the regular assessment of the projects by the ,bank using performance measures2 and 7,c7 to explore and support opportunities for private sector co-financing of trust fund projects4 7#b7 ,report to the congress ,within #a year after the establishment of the trust fund1 and annually thereafter1 the ,secretary of the ,treasury shall submit to the ,committees of jurisdiction a written report on the progress made in developing the performance measures referred to in paragraph 7#a74 7c7 ,appropriations 7#a7 ,in general ,out of any money in the ,treasury of the ,united ,states not otherwise appropriated1 there are appropriated #djj1jjj1jjj for payment by the ,secretary of the ,treasury to the ,bank as trustee for the trust fund1 to remain available until expended4 7#b7 ,authority to reprogram unobligated funds ,any department or agency of the ,federal ,government may deposit into the trust fund any unobligated funds made available to the department or agency1 as the case may be4 4