,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #diig  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,decemb] #aj1 #bjbj,mr4
 ,m55dez 7= himself & ,mr4 ,rubio7      
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,=eign
 ,relations  ,a ,,bill  ,to au?orize !  
t5? g5]al capital increase = !          
,int]-,am]ican ,developm5t ,bank & to   
/r5g!n recov]y ef=ts 9 ,lat9 ,am]ica & !
 ,c>ibbean relat$ to ! ,,covid-#ai      
p&emic1 & = o!r purposes4  #a4 ,%ort    
title ,?is ,act may be cit$ z !         
,int]-,am]ican ,developm5t ,bank ,g5]al 
,capital ,increase ,act ( #bjbj4  #b4   
,f9d+s ,congress makes ! foll[+ f9d+s3  
7#a7 ,! region ( ,lat9 ,am]ica & !      
,c>ibbean is ! mo/ sev]ely impact$ by   
,,s>s-,co,v-#b1 ! virus t causes !      
coronavirus disease #bjai 7commonly     
ref]r$ to z ,,covid-#ai71 repres5t+     
#aa1ebg1eif confirm$ cases or #bc4jh    
p]c5t ( worldwide cases s9ce ,febru>y   
#bjbj1 accord+ to ! ,int]-,am]ican      
,developm5t ,bank4  7#b7 ,decl9e 9      

economic activity z a result ( !        
,,covid-#ai p&emic w precipitate a #i4i 
p]c5t fall 9 gross dome/ic product p]   
capita ?r\gh\t ,lat9 ,am]ica & !        
,c>ibbean by ! end ( #bjbj1 entirely    
rev]s+ /eady advancem5ts 9 regional     
gross dome/ic product p] capita s9ce    
#bjaj1 accord+ to ! ,economic           
,commission = ,lat9 ,am]ica & !         
,c>ibbean4  7#c7 ,! ,economic           
,commission = ,lat9 ,am]ica & !         
,c>ibbean pr$icts t1 ?r\gh\t ,lat9      
,am]ica & ! ,c>ibbean1 ! ,,covid-#ai    
p&emic w-- 7,a7 pu% an additional       
#de1djj1jjj p into pov]ty1 increas+ !   
total numb] ( p liv+ 9 pov]ty f         
#ahe1ejj1jjj to #bcj1ijj1jjj1 or        
approximately #cg4c p]c5t ( ! ,lat9     
,am]ican & ,c>ibbean population1 by !   
end ( #bjbj2 &  7,b7 cause ! total numb]
 ( individuals liv+ 9 extreme pov]ty to 
increase by #bh1ejj1jjj f #fg1gjj1jjj to
 #if1bjj1jjj1 or approximately #ae4e    
p]c5t ( ! ,lat9 ,am]ican & ,c>ibbean    
population1 by ! end ( #bjbj4  7#d7 ,!  

,int]-,am]ican ,developm5t ,bank e/imat$
 9 ,may #bjbj t #ag1jjj1jjj =mal jobs   
w\ld be lo/ z a result ( ! p&emic1      
increas+ ! %>e ( jobs 9 in=mal sectors (
 ! region's economies to #fb p]c5t4     
,septemb] #bjbj f9d+s f ! ,int]national 
,lab\r ,organization not$ t #cd1jjj1jjj 
work]s across #i c\ntries 9 ! region lo/
 _! jobs 9 ! fir/ half ( #bjbj4  7#e7 ,!
 p&emic also has complicat$ !           
humanit>ian & developm5t *all5ges       
c\ntries across ,lat9 ,am]ica & !       
,c>ibbean face z ho/s to m ?an          
#d1cjj1jjj ,v5ezuelan refugees &        
migrants1 prompt+ ! ,int]-,am]ican      
,developm5t ,bank to laun* a migration  
initiative t aims to provide #he1jjj1jjj
 9 grants & lev]age inve/m5ts (         
#a1ajj1jjj1jjj 9 social protection1     
heal?1 education1 & employm5t4  7#f7 ,! 
p&emic has sev]ely disrupt$ education   
sy/ems across ,lat9 ,am]ica & !         
,c>ibbean because ( a lack ( equipm5t & 
p$agogical tools requir$ = effective    
remote s*ool+4 ,accord+ to data compil$ 

by ! ,unit$ ,nations ,educational1      
,sci5tific & ,cultural ,organization & !
 ,int]-,am]ican ,developm5t ,bank1 less 
?an #cj p]c5t ( l[-income families      
impact$ by decisions to halt 9-p]son    
classes h access to a comput] & only    
ar\nd #fj p]c5t ( second>y s*ool tea*]s 
h ! skills ne$$ = virtual in/ruction4   
7#g7 ,c\ntries across ,lat9 ,am]ica & ! 
,c>ibbean cont9ue to face endur+        
economic *all5ges1 includ+ p]si/5t      
inequality1 high levels ( tax evasion & 
avoidance1 & elevat$ debt levels4  7#h7 
,! /ability1 su/a9able developm5t1 &    
inclusive gr[? ( economies 9 ,lat9      
,am]ica & ! ,c>ibbean is 9 ! national   
int]e/ ( ! ,unit$ ,/ates1 z ! region    
acc\nts = #ba4g p]c5t ( ,unit$ ,/ates   
trade 9 goods 9 #bjai1 accord+ to !     
,economic ,commission = ,lat9 ,am]ica & 
! ,c>ibbean4  7#i7 ,! ,int]-,am]ican    
,developm5t ,bank is ! _w's olde/ &     
l>ge/ regional developm5t bank1 & has   
work$ cont9u\sly s9ce #aiei to fo/]     
economic1 social1 & in/itutional        

developm5t 9 ,lat9 ,am]ica & !          
,c>ibbean4  7#aj7 ,! ,int]-,am]ican     
,developm5t ,bank is uniquely position$ 
to advance po/-p&emic recov]y ef=ts & to
 mitigate ! social & economic impacts ( 
! p&emic4 ,z e>ly z ,m>* #bjbj1 !       
,int]-,am]ican ,developm5t ,bank ann\nc$
 ! allotm5t ( up to #ab1jjj1jjj1jjj t[>d
 imm$iate public heal? responses1 ef=ts 
to revitalize social safety nets =      
vuln]able populations1 & /rategic       
economic productivity & employm5t       
initiatives4  7#aa7 ,) ! support ( #bc  
out ( ! #bh %>ehold+ c\ntries 9 ! ,we/]n
 ,hemisph]e1 ! ,gov]nors ( !            
,int]-,am]ican ,developm5t ,bank duly   
elect$ a new ,presid5t ( ! ,bank on     
,septemb] #ab1 #bjbj1 to s]ve a #e-ye>  
t]m4  7#ab7 ,! #dh borr[+ & non-borr[+  
memb] c\ntries ( ! ,int]-,am]ican       
,developm5t ,bank la/ agre$ to a n9?    
g5]al capital increase z "p ( ! ,bank's 
annual meet+ on ,m>* #bj-bb1 #bjaj4     
7#ac7 ,"u ! ,coronavirus ,aid1 ,relief1 
& ,economic ,security ,act 7,public ,law

 #aaf-acf2 #acd ,/at4 #bha7 7commonly   
ref]r$ to z ! ,,c>es ,act71 enact$ on   
,m>* #bg1 #bjbj1 ,congress approv$      
capital /ock increases = ! ,int]national
 ,f9ance ,corporation & ! ,african      
,developm5t ,bank to /r5g!n ! ability ( 
=eign c\ntries to prev5t1 prep>e =1 &   
respond to coronavirus & to ! adv]se    
economic impacts ( coronavirus4  #c4    
,s5se ( ,congress ,x is ! s5se (        
,congress t-- 7#a7 ! spread (           
,,s>s-,co,v-#b has _h a significant     
impact on economic1 social1 &           
humanit>ian conditions ?r\gh\t ,lat9    
,am]ica & ! ,c>ibbean2  7#b7 !          
,int]-,am]ican ,developm5t ,bank is !   
preem95t multilat]al developm5t bank    
d$icat$ to regional economic & social   
developm5t & ! bett]m5t ( lives across  
,lat9 ,am]ica & ! ,c>ibbean2  7#c7 !    
,bank has play$ an integral role 9      
support+ memb] c\ntries ) ! coord9ation 
& implem5tation ( policies to mitigate !
 effects ( ! ,,covid-#ai p&emic1 !      
,v5ezuelan refugee & migration crisis1 &

 o!r crises 9 ! ,we/]n ,hemisph]e2  7#d7
 a capital increase = ! ,bank w\ld      
greatly increase its capacity to provide
 f9anc+1 in/itutional k1 & te*nical     
support to fo/] recov]y & inclusion     
initiatives betwe5 regional gov]nm5ts1  
private sector entities1 & int]national 
organizations2  7#e7 ! election on      
,septemb] #ab1 #bjbj1 ( a new presid5t (
 ! ,int]-,am]ican ,developm5t ,bank--   
7,a7 demon/rat$ hope = ! lead]%ip ( !   
,unit$ ,/ates by regional p>tn]s fac+   
increas$ geopolitical competition & !   
significant impact ( ! ,,covid-#ai      
p&emic2 &  7,b7 pres5ts an opportunity =
 ! ,unit$ ,/ates to fur!r /r5g!n its    
commitm5t to help+ build a f9ancially   
/rong] & m transp>5t ,bank 9 ord] to    
support ! c\ntries ( ! ,am]icas dur+ su*
 hi/oric crises2 &  7#f7 ! ,unit$       
,/ates1 z a f\nd+ memb] ( ! ,bank1 %\ld 
support a capital /ock increase to      
ensure ! ,bank is prep>$ to (f]         
additional support to memb] c\ntries    
sev]ely impact$ by ! ,,covid-#ai p&emic 

& o!r crises4  #d4 ,t5? g5]al capital   
increase  7a7 ,support = a g5]al capital
 increase ,! ,presid5t %all take /eps to
 support a t5? g5]al capital increase = 
! ,int]-,am]ican ,developm5t ,bank4  7b7
 ,diplomatic engagem5t ,! ,presid5t %all
 advance diplomatic engagem5t to build  
support among memb] c\ntries ( !        
,int]-,am]ican ,developm5t ,bank = a t5?
 g5]al capital increase = ! ,bank 9 ord]
 to /r5g!n ! capacity ( ! ,bank-- 7#a7  
to support ,lat9 ,am]ican & ,c>ibbean   
c\ntries 9 _! ef=ts to address !        
,,covid-#ai p&emic & ! relat$ economic  
impact2 &  7#b7 to advance inclusive    
economic & social developm5t 9 !        
,am]icas4  7c7 ,progress report ,n lat] 
?an #de days aft] ! date ( ! enactm5t ( 
?is ,act1 ! ,presid5t %all submit to !  
,=eign ,relations ,committee ( ! ,s5ate 
& ! ,committee on ,f9ancial ,s]vices ( !
 ,h\se ( ,repres5tatives a report       
detail+ ef=ts to c>ry out subsections   
7a7 & 7b74  7d7 ,t5? capital increase ,!
 ,int]-,am]ican ,developm5t ,bank ,act  

7#bb ,u4,s4,c4 #bhc et seq47 is am5d$ by
 add+ at ! end ! foll[+3  #db4 ,t5?     
capital increase  7a7 ,vote au?oriz$ ,! 
,unit$ ,/ates ,gov]nor ( ! ,bank is     
au?oriz$ to vote 9 favor ( a resolution 
to increase ! capital /ock ( ! ,bank by 
#hj1jjj1jjj1jjj ov] a p]iod n to exce$  
#e ye>s4  7b7 ,subscription au?oriz$    
7#a7 ,9 g5]al ,! ,unit$ ,/ates ,gov]nor 
( ! ,bank may subscribe on behalf ( !   
,unit$ ,/ates to #a1iij1gad additional  
%>es ( ! capital /ock ( ! ,bank4  7#b7  
,limitation ,any subscription by !      
,unit$ ,/ates to ! capital /ock ( !     
,bank %all be effective only to su*     
ext5t & 9 su* am\nts z are provid$ 9    
advance 9 appropriations ,acts4  7c7    
,limitations on au?orization (          
appropriations  7#a7 ,9 g5]al ,9 ord] to
 pay = ! increase 9 ! ,unit$ ,/ates     
subscription to ! ,bank "u subsection   
7b71 !re is au?oriz$ to be appropriat$  
#bd1jad1heg1aia = paym5t by ! ,secret>y 
( ! ,treasury4  7#b7 ,allocation ( funds
 ,( ! am\nt au?oriz$ to be appropriat$  

"u p>agraph 7#a7-- 7,a7 #fjj1cga1dcj    
%all be = paid 9 %>es ( ! ,bank2 &  7,b7
 #bc1dad1dhe1gfa %all be = callable %>es
 ( ! ,bank4  4  #e4 ,support =          
environm5tal su/a9ability initiatives ( 
,int]-,am]ican ,developm5t ,bank  7a7   
,f9d+s ,congress makes ! foll[+ f9d+s3  
7#a7 ,! ,int]-,am]ican ,developm5t ,bank
 has s]v$ z an execut+ ag5cy = ! ,global
 ,environm5t ,facility1 a grant-mak+ &  
f9anc+ facility support$ by #ahb        
c\ntries to address global environm5tal 
issues & su/a9able developm5t4  7#b7 ,! 
,int]-,am]ican ,developm5t ,bank has    
nev] _h its own environm5tal grant-mak+ 
& f9anc+ facility despite ! fact t !    
,am]icas are home to ! _w's l>ge/       
tropical ra9 =e/ & include c\ntries     
significantly affect$ by natural disa/]s
 annually4  7b7 ,s5se ( ,congress ,x is 
! s5se ( ,congress t ! ,int]-,am]ican   
,developm5t ,bank %\ld-- 7#a7 e/abli%   
its own environm5tal grant-mak+ & f9anc+
 facility 9 ord] to implem5t & exp&     
environm5tal policies1 metrics1 & /&>ds1

 to /r5g!n resili5ce & disa/]           
prep>$ness1 & to improve su/a9ability & 
cons]vation2 &  7#b7 cont9ue to /r5g!n  
environm5tal safegu>ds z an elem5t (    
economic developm5t 9 ! ,we/]n          
,hemisph]e4  7c7 ,diplomatic engagem5t  
,! ,presid5t %all advance diplomatic    
engagem5t to build support among memb]  
c\ntries ( ! ,bank = ! creation ( an    
environm5tal fund & f9anc+ facility z "p
 ( ! t5? g5]al capital increase = !     
,bank4