,,ii #aafth ,,congress #ast ,session ,s4 #bfg ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,january #bi1 #bjai,mr4 ,cornyn 7for himself1 ,mrs4 ,feinstein1 ,ms4 ,mc,sally1 and ,ms4 ,sinema7 introduced the following bill2 which was read twice and referred to the ,committee on ,foreign ,relations ,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 ,improvement ,act of #bjai4 #b4 ,general capital increase ,part #b of subtitle ,d of title ,v of ,public ,law #ajc-ahb 7#bb ,u4,s4,c4 #bijm et seq47 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 4 #c4 ,policy goals 7a7 ,in general ,in addition to projects within the mission and scope of the ,north ,american ,development ,bank 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 the voice and vote of the ,united ,states to support the financing of projects related to-- 7#a7 environmental infrastructure relating to water pollution1 wastewater treatment1 water conservation1 municipal solid waste1 and related matters2 7#b7 natural gas1 including natural gas pipelines and combined cycle power plants1 with major emphasis on cross-border energy distribution and consumption and the energy security of the ,united ,states and ,mexico2 and 7#c7 the expansion or new construction of international land border crossings to help facilitate the flow of goods and people across the international land border between the ,united ,states and ,mexico while reducing wait times at border crossings and improving air quality by reducing pollution related to vehicular and commercial traffic4 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 the project certification and financing process1 including through initiatives such as single certifications for revolving facilities1 programmatic certification of similar groups of small projects1 expansion of internal authority to approve qualified projects below certain monetary thresholds1 and expedited certification for public sector projects subject to lender bidding processes4 #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