,i  #aagth ,,congress  #b;d ,session    
,h4 ,r4 #fdgf  ,,in ,,the ,,house ,,of  
,,representatives  ,january #be1        
#bjbb,mr4 ,torres of ,new ,york         
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services  ,a ,,bill  ,to    
amend the ,international ,financial     
,institutions ,act to provide           
instructions with respect to the ,u4,s4 
policy on co-financing arrangements at  
the multilateral development banks1 and 
for other purposes4  #a4 ,u4,s4 policy  
on co-financing arrangements at the     
multilateral development banks ,title   
,,xvi of the ,international ,financial  
,institutions ,act 7#bb ,u4,s4,c4 #bfbp 
et seq47 is amended by adding at the end
 the following3  #afcb4 ,u4,s4 policy on
 co-financing arrangements at the       
multilateral development banks ,the     
,secretary of the ,treasury shall       
instruct the ,united ,states ,executive 
,directors at the multilateral          
development banks 7as defined in section

 #agja7;c77#d77 to use the voice and    
vote of the ,united ,states to vote     
against any program or project at the   
respective institution if it includes   
joint or parallel financing provided by 
the ,asian ,infrastructure ,investment  
,bank unless the ,secretary of the      
,treasury has certified to the          
,committee on ,financial ,services of   
the ,house of ,representatives and the  
,committee on ,foreign ,relations of the
 ,senate that the ,asian ,infrastructure
 ,investment ,bank-- 7#a7 has the       
authority and the resources to provide  
grants and concessional assistance to   
countries eligible to borrow from the   
,international ,development ,association
 on terms similar to those provided to  
these countries by the ,international   
,development ,association2 and  7#b7 has
 demonstrated a track record of         
providing such assistance to these      
countries4  4