,,ii ,cal5d> ,no4 #bdj #aai? ,,congress #a/ ,session ,s4 #bfbf ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #ca1 #bjbe,mr4 ,mc,cormick 7= himself & ,mr4 ,ka9e7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,=eign ,relations ,octob] #cj1 #bjbe,report$ by ,mr4 ,ris*1 ) an amendment,strike out all aft] ! enact+ clause & ins]t ! "p pr9t$ 9 italic ,a ,,bill ,to /r5g!n ! lead]%ip role ( ! ,unit$ ,/ates at ! ,int]-,am]ican ,developm5t ,bank1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,/r5g!n+ ,unit$ ,/ates ,lead]%ip at ! ,,idb ,act4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,=eign ,relations ( ! ,s5ate2 & 7,b7 ! ,committee on ,=eign ,affairs & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives4 7#b7 ,,idb ,! t]m ,,idb means all ( ! curr5t & =m] in/itutions 9 ! ,,idb ,gr\p1 includ+ ! ,int]-,am]ican ,developm5t ,bank1 ! ,int]-,am]ican ,inve/m5t ,corporation 7commonly kn[n z ,,idb ,inve/71 ,,idb ,lab1 & any relat$ or pr$ecessor entities4 7#c7 ,,prc ,! t]m ,,prc-- 7,a7 means ! ,p's ,republic ( ,*9a2 7,b7 except z provid$ by subp>agraph 7,c71 includes all ,special ,adm9i/rative ,regions ( ! ,p's ,republic ( ,*9a1 includ+ ,hong ,kong & ,macau2 & 7,c7 excludes ,taiwan4 7#d7 ,,prc entity ,! t]m ,,prc entity means any corporation1 company1 limit$ liability company1 limit$ p>tn]%ip1 bus9ess tru/1 bus9ess association1 or o!r simil> entity own$ by1 controll$ by1 or subject to ! jurisdiction or direction ( ! ,gov]nm5t ( ! ,p's ,republic ( ,*9a4 #c4 ,unit$ ,/ates policy relat$ to ! ,p's ,republic ( ,*9a at ,int]-,am]ican ,developm5t ,bank ,! ,secret>y ( ! ,treasury1 9 consultation ) ! ,secret>y ( ,/ate1 %all in/ruct ! ,unit$ ,/ates ,executive ,director at ! ,int]-,am]ican ,developm5t ,bank to use ! voice1 vote1 & influ5ce ( ! ,unit$ ,/ates to r$uce ! influ5ce ( ! ,,prc & ,,prc entities 9 ,,idb op]ations1 activities1 & projects1 includ+ by-- 7#a7 review+ any ,,idb projects1 or loans1 grants1 or o!r f9anc+1 t include entry into a contract1 provision ( fund+1 or provision ( o!r f9anc+1 involv+ ! ,,prc or ,,prc entities1 = pot5tial risks to ! national & economic security int]e/s ( ! ,unit$ ,/ates2 & 7#b7 vot+ aga9/-- 7,a7 any project1 or loan1 grant1 or o!r f9anc+1 t-- 7i7 w\ld include ! p>ticipation ( ,,prc tru/ funds creat$ )9 ! ,,idb2 or 7ii7 aft] a review is conduct$ "u p>agraph 7#a71 ! ,unit$ ,/ates ,executive ,director or ! ,secret>y ( ! ,treasury det]m9es poses a risk to ! national & economic security int]e/s ( ! ,unit$ ,/ates2 & 7,b7 ! issuance1 sale1 or transf] ( additional %>es ( /ock 9 ! ,,idb to ! ,,prc 9 a mann] t increases ! vot+ %>e ( ! ,,prc at ! ,,idb relative to ! vot+ %>e ( ! ,unit$ ,/ates4 #d4 ,enc\rag+ ,int]-,am]ican ,developm5t ,bank procurem5t f ,unit$ ,/ates & p>tn] c\ntry entities ,! ,secret>y ( ! ,treasury %all in/ruct ! ,unit$ ,/ates ,executive ,director at ! ,int]-,am]ican ,developm5t ,bank to use ! voice1 vote1 & influ5ce ( ! ,unit$ ,/ates to advocate =-- 7#a7 increas$ int]nal & ext]nal capacity-build+ by ! ,,idb to enc\rage procurem5t by entities f ! ,unit$ ,/ates & memb] c\ntries ( ! ,,idb t are allies or p>tn]s ( ! ,unit$ ,/ates1 r ?an entities f ! ,p's ,republic ( ,*9a2 & 7#b7 implem5t+ ,,idb procurem5t policies t prioritize value = money1 transp>5cy1 & integrity ov] l[e/ upfront co/4 #e4 ,unit$ ,/ates ,developm5t ,f9ance ,corporation collaboration ) ,int]-,am]ican ,developm5t ,bank 7a7 ,9 g5]al ,! ,secret>y ( ! ,treasury %all in/ruct ! ,unit$ ,/ates ,executive ,director at ! ,int]-,am]ican ,developm5t ,bank to use ! voice1 vote1 & influ5ce ( ! ,unit$ ,/ates to enc\rage collaboration betwe5 ! ,,idb & ! ,unit$ ,/ates ,int]national ,developm5t ,f9ance ,corporation 79 ?is section ref]r$ to z ! ,corporation7 on projects1 f9anc+1 loans1 or grants 9 ,,idb borr[+ memb] c\ntries4 7b7 ,report requir$ ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,*ief ,executive ,(fic] ( ! ,corporation %all submit to ! appropriate congressional committees a report t includes ! foll[+3 7#a7 ,an ov]view ( collaboration betwe5 ! ,corporation & ! ,,idb s9ce ! sign+ 9 #bjai ( a memor&um ( und]/&+ betwe5 ! ,,idb & ! ,corporation's pr$ecessor ag5cy ) respect to inve/m5ts 9 projects 9 ,lat9 ,am]ica & ! ,c>ibbean4 7#b7 ,an analysis ( pot5tial areas to exp& collaboration betwe5 ! ,corporation & ! ,,idb 9 ,,idb borr[+ memb] c\ntries4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,/r5g!n+ ,unit$ ,/ates ,lead]%ip at ! ,,idb ,act4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,=eign ,relations ( ! ,s5ate2 & 7,b7 ! ,committee on ,=eign ,affairs & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives4 7#b7 ,,idb ,! t]m ,,idb means all ( ! curr5t & =m] in/itutions 9 ! ,,idb ,gr\p1 includ+ ! ,int]-,am]ican ,developm5t ,bank1 ! ,int]-,am]ican ,inve/m5t ,corporation 7commonly kn[n z ,,idb ,inve/71 ,,idb ,lab1 & any relat$ or pr$ecessor entities4 7#c7 ,,prc ,! t]m ,,prc-- 7,a7 means ! ,p's ,republic ( ,*9a2 7,b7 except z provid$ by subp>agraph 7,c71 includes all ,special ,adm9i/rative ,regions ( ! ,p's ,republic ( ,*9a1 includ+ ,hong ,kong & ,macau2 & 7,c7 excludes ,taiwan4 7#d7 ,,prc entity ,! t]m ,,prc entity means any corporation1 company1 limit$ liability company1 limit$ p>tn]%ip1 bus9ess tru/1 bus9ess association1 or o!r simil> entity own$ by1 controll$ by1 or subject to ! jurisdiction or direction ( ! ,gov]nm5t ( ! ,p's ,republic ( ,*9a4 #c4 ,unit$ ,/ates policy relat$ to ! ,p's ,republic ( ,*9a at ,int]-,am]ican ,developm5t ,bank 7a7 ,9 g5]al ,! ,secret>y ( ! ,treasury1 9 consultation ) ! ,secret>y ( ,/ate1 %all in/ruct ! ,unit$ ,/ates ,executive ,director at ! ,int]-,am]ican ,developm5t ,bank to use ! voice1 vote1 & influ5ce ( ! ,unit$ ,/ates to r$uce ! influ5ce ( ! ,,prc & ,,prc entities 9 ,,idb op]ations1 activities1 & projects1 includ+ by-- 7#a7 review+ any ,,idb projects1 or loans1 grants1 or o!r f9anc+1 t include entry into a contract1 provision ( fund+1 or provision ( o!r f9anc+1 :e!r directly or indirectly1 involv+ ! ,,prc or ,,prc entities1 = pot5tial risks to ! national & economic security int]e/s ( ! ,unit$ ,/ates2 & 7#b7 vot+ aga9/ or tak+ action to prev5t a quorum = all votes relat$ to-- 7,a7 any project1 or loan1 grant1 or o!r f9anc+1 t-- 7i7 w\ld include ! p>ticipation ( ,,prc tru/ funds creat$ )9 ! ,,idb2 or 7ii7 aft] a review is conduct$ "u p>agraph 7#a71 ! ,unit$ ,/ates ,executive ,director or ! ,secret>y ( ! ,treasury det]m9es poses a risk to ! national & economic security int]e/s ( ! ,unit$ ,/ates2 & 7,b7 ! issuance1 sale1 or transf] ( additional %>es ( /ock 9 ! ,,idb to ! ,,prc 9 a mann] t increases ! vot+ %>e ( ! ,,prc at ! ,,idb relative to ! vot+ %>e ( ! ,unit$ ,/ates4 7b7 ,reports on sanctions & export control violations ,! ,unit$ ,/ates ,executive ,director %all-- 7#a7 id5tify ,,idb projects involv+ ,,prc entities t are or h engag$ 9 activities 9 violation ( sanctions or export controls impos$ by ! ,unit$ ,/ates2 & 7#b7 submit to ! appropriate congressional committees a report on any su* project4 #d4 ,enc\rag+ ,int]-,am]ican ,developm5t ,bank procurem5t f ,unit$ ,/ates & p>tn] c\ntry entities ,! ,secret>y ( ! ,treasury %all in/ruct ! ,unit$ ,/ates ,executive ,director at ! ,int]-,am]ican ,developm5t ,bank to use ! voice1 vote1 & influ5ce ( ! ,unit$ ,/ates to advocate =-- 7#a7 increas$ int]nal & ext]nal capacity-build+ by ! ,,idb to enc\rage procurem5t by entities f ! ,unit$ ,/ates & memb] c\ntries ( ! ,,idb t are allies or p>tn]s ( ! ,unit$ ,/ates1 r ?an entities f ! ,p's ,republic ( ,*9a2 & 7#b7 implem5t+ ,,idb procurem5t policies t prioritize value = money1 transp>5cy1 & integrity ov] l[e/ upfront co/4 #e4 ,unit$ ,/ates ,developm5t ,f9ance ,corporation collaboration ) ,int]-,am]ican ,developm5t ,bank 7a7 ,9 g5]al ,! ,secret>y ( ! ,treasury %all in/ruct ! ,unit$ ,/ates ,executive ,director at ! ,int]-,am]ican ,developm5t ,bank to use ! voice1 vote1 & influ5ce ( ! ,unit$ ,/ates to enc\rage collaboration betwe5 ! ,,idb & ! ,unit$ ,/ates ,int]national ,developm5t ,f9ance ,corporation 79 ?is section ref]r$ to z ! ,corporation7 on projects1 f9anc+1 loans1 or grants 9 ,,idb borr[+ memb] c\ntries4 7b7 ,report requir$ ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,*ief ,executive ,(fic] ( ! ,corporation %all submit to ! appropriate congressional committees a report t includes ! foll[+3 7#a7 ,an ov]view ( collaboration betwe5 ! ,corporation & ! ,,idb s9ce ! sign+ 9 #bjai ( a memor&um ( und]/&+ betwe5 ! ,,idb & ! ,corporation's pr$ecessor ag5cy ) respect to inve/m5ts 9 projects 9 ,lat9 ,am]ica & ! ,c>ibbean4 7#b7 ,an analysis ( pot5tial areas to exp& collaboration betwe5 ! ,corporation & ! ,,idb 9 ,,idb borr[+ memb] c\ntries4 #f4 ,report on influ5ce ( ! ,p's ,republic ( ,*9a at ! ,int]-,am]ican ,developm5t ,bank 7a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y1 9 consultation ) ! ,secret>y ( ,/ate1 %all submit to ! appropriate congressional committees a report t includes ! foll[+3 7#a7 ,! scope & scale ( ! influ5ce ( ! ,,prc & ,,prc entities 9 ! ,,idb1 includ+ 9-- 7,a7 ! organization & p]sonnel ( ! ,,idb2 7,b7 ,,idb gov]nance & transp>5cy2 7,c7 ! f9anc+ ( ! ,,idb2 7,d7 det]m9ations ar\nd :i* projects to fund or f9ance2 7,e7 delib]ations reg>d+ ! involvem5t or memb]%ip ( ,taiwan 9 ! ,,idb2 & 7,f7 any o!r modes ?r\gh :i* ! ,,prc or ,,prc entities influ5ce ! ,,idb4 7#b7 ,a complete li/ ( all projects ( ! ,,idb t include f9anc+ or fund+ f ! ,,prc1 ,,prc entities1 or ,,prc tru/ funds creat$ at ! ,,idb s9ce ! ,,prc jo9$ ! ,,idb z a memb] c\ntry on ,janu>y #ab1 #bjji1 includ+-- 7,a7 ! title & id5tification numb] ( ! project2 7,b7 a description ( ! project2 7,c7 ! location ( ! project2 7,d7 ! am\nt ( fund+ or f9anc+ initially allocat$ = ! project2 7,e7 ! am\nt ( fund+ or f9anc+ disburs$ "u ! project2 7,f7 a summ>y ( ! /atus ( ! implem5tation ( ! project2 7,g7 a description ( any incid5ts 9 :i* fund+ or f9anc+ = a project has be5 disburs$1 b requir$ "w has n be5 implem5t$ or complet$2 & 7,h7 an id5tification ( ea* ,,prc entity p>ticipat+ 9 fund+ or f9anc+ su* a project1 includ+-- 7i7 an id5tification ( ! ultimate b5eficial own] = ea* su* entity2 7ii7 a /atem5t ( :e!r ea* su* entity is includ$ 9 ! ,_w ,bank cross-deb>m5t li/1 includ+ conditional non-deb>m5ts1 due to fraud1 human rights abuses1 corruption1 or relat$ misconduct2 & 7iii7 a /atem5t ( :e!r sanctions 7 impos$ by ! ,unit$ ,/ates ) respect to ea* su* entity4 7#c7 ,a complete li/ ( ! projects ( ! ,,idb 9 :i* ,,prc entities p>ticipate1 :e!r ?r\gh direct or indirect procurem5t or o!r contract+1 includ+-- 7,a7 ! title & id5tification numb] ( ! project2 7,b7 a description ( ! project2 7,c7 ! location ( ! project2 7,d7 ! am\nt ( fund+ or f9anc+ initially allocat$ = ! project2 7,e7 ! am\nt ( fund+ or f9anc+ disburs$ "u ! project2 7,f7 an id5tification ( all ,,prc entities p>ticipat+ 9 ! project1 includ+-- 7i7 a /atem5t ( :e!r1 = ea* su* entity1 ! p>ticipation consi/s ( direct or indirect procurem5t or o!r contract+2 7ii7 an id5tification ( ! ultimate b5eficial own] = ea* su* entity2 7iii7 a /atem5t ( :e!r ea* su* entity is on ! ,_w ,bank cross-deb>m5t li/1 includ+ conditional non-deb>m5ts1 due to fraud1 human rights abuses1 corruption1 or relat$ misconduct2 & 7iv7 a /atem5t ( :e!r sanctions 7 impos$ by ! ,unit$ ,/ates ) respect to ea* su* entity2 7,g7 ! am\nt ( fund+ or f9anc+ receiv$ by ! ,,prc entities "u ! project2 7,h7 a summ>y ( ! "w conduct$ by ! ,,prc entities z "p ( direct or indirect procurem5t or o!r contract+2 & 7,i7 a description ( any incid5ts 9 :i* ! ,,prc entities receiv$ fund+ or f9anc+ z "p ( a direct or indirect procurem5t or o!r contract+1 b requir$ "w has n be5 implem5t$ or complet$4 7#d7 ,a full review ( projects describ$ 9 p>agraphs 7#b7 & 7#c7 to assess :e!r any ( ! projects featur$ any human rights abuses1 delays1 corruption1 or poor results1 & an analysis ( ! procurem5t practices involv$ 9 ! projects4 7#e7 ,! ext5t to :i*-- 7,a7 ! ,,idb uses equipm5t or s]vices produc$ by entities on-- 7i7 ! li/ ( entities t produce or provide communications equipm5t or s]vices on ! li/ publi%$ by ! ,f$]al ,communications ,commission "u section #b7;a7 ( ! ,secure & ,tru/$ ,communications ,networks ,act ( #bjai 7#dg ,u4,s4,c4 #afja7;a772 or 7ii7 ! ,entity ,li/ ma9ta9$ by ! ,bureau ( ,indu/ry & ,security ( ! ,dep>tm5t ( ,comm]ce & set =? 9 ,supplem5t ,no4 #d to "p #gdd ( ! ,export ,adm9i/ration ,regulations2 & 7,b7 projects fund$ or f9anc$ by ! ,,idb use equipm5t or s]vices provid$ by su* entities4 7#f7 ,a review ( h[ & to :at ext5t ! ,,prc has us$ ! ,,idb to1 )9 ,,idb memb] c\ntries-- 7,a7 spread ! diplomatic1 economic1 in=mational1 & milit>y influ5ce ( ! ,,prc2 7,b7 promote ! adoption & use ( te*nologies ( ,,prc entities2 & 7,c7 promote ! pref]r$ values ( ! ,,prc4 7#g7 ,an action plan = ! ,executive ,director to "w to r$uce ! involvem5t ( ! ,,prc & ,,prc entities 9 ! ,,idb & projects fund$ or f9anc$ by ! ,,idb1 z det]m9$ "u ?is subsection4 7#h7 ,! ext5t to :i* ,,prc entities sanction$ by ! ,unit$ ,/ates s]ve 9 lead]%ip or managem5t positions 9 entities t are ,,prc entities & are work+ on ,,idb-fund$ or ,,idb-f9anc$ projects4 7#i7 ,! ext5t to :i* ! ,,prc has us$ its voice1 vote1 & influ5ce 9 ! ,,idb to promote ! int]e/s ( ! ,,prc at ! exp5se ( regional developm5t int]e/s4 7#aj7 ,a li/ ( ,,idb projects fund$ by ! ,,prc or ,,prc entities assess$ to pose a risk to ,unit$ ,/ates int]e/s z a result ( _! proximity to-- 7,a7 a coop]ative security location2 7,b7 a ,unit$ ,/ates milit>y in/allation outside ! contigu\s ,unit$ ,/ates2 or 7,c7 a milit>y in/allation ( a p>tn] or ally ( ! ,unit$ ,/ates4 7b7 ,subsequ5t reports ,n lat] ?an #b ye>s aft] ! ,secret>y submits ! report requir$ by subsection 7a71 & e #b ye>s !reaft] = #h ye>s1 ! ,secret>y %all submit to ! appropriate congressional committees a report t includes-- 7#a7 any updates to in=mation includ$ 9 all reports submitt$ "u subsection 7a72 & 7#b7 any new in=mation relat$ to ! matt]s describ$ 9 subsection 7a74 7c7 ,notification requirem5t ,9 addition to ! reports requir$ by subsections 7a7 & 7b71 ! ,secret>y %all notify ! appropriate congressional committees 9 writ+ n lat] ?an #ae days aft] becom+ aw>e ( any new ,,idb project-- 7#a7 9 :i* ! ,,prc or any ,,prc entity is engag$ 9 a contract1 ei!r ?r\gh f9anc+ or fund+1 or z a p>ticipant2 & 7#b7 t is relat$ to matt]s describ$ 9 subsection 7a77#aj74 7d7 ,=mat ,ea* report & notification requir$ by subsection 7a71 7b71 or 7c7 %all be submitt$ to ! appropriate congressional committees 9 unclassifi$ =m1 b may include a classifi$ annex4 7e7 ,public availability ,n e>li] ?an #fj days1 & n lat] ?an #ij days1 aft] ! ,secret>y submits a report or notification requir$ by subsection 7a71 7b71 or 7c71 ! ,secret>y %all po/ an unclassifi$ summ>y ( ! report or notification on a public-fac+ web page ( ! ,dep>tm5t ( ! ,treasury & ! ,secret>y ( ,/ate %all po/ su* summ>y on a public-fac+ web page ( ! ,dep>tm5t ( ,/ate4 7f7 ,def9itions ,9 ?is section3 7#a7 ,coop]ative security location ,! t]m coop]ative security location means any facility t is-- 7,a7 locat$ outside ! ,unit$ ,/ates t is own$ or op]at$ by a c\ntry t is a p>tn] ( ! ,unit$ ,/ates2 & 7,b7 us$ = security coop]ation activities1 cont+5cy access1 & regional tra9+4 7#b7 ,executive director ,! t]m ,executive ,director means ! ,unit$ ,/ates ,executive ,director at ! ,,idb4 7#c7 ,export adm9i/ration regulations ,! t]m ,export ,adm9i/ration ,regulations has ! mean+ giv5 t t]m 9 section #agdb ( ! ,export ,control ,re=m ,act ( #bjah 7#ej ,u4,s4,c4 #dhja74 7#d7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ! ,treasury4 7#e7 ,ultimate b5eficial own] ,! t]m ultimate b5eficial own] means1 ) respect to an entity1 an individual :o1 directly or indirectly1 ?r\gh any contract1 arrangem5t1 und]/&+1 relation%ip1 or o!rwise-- 7,a7 ex]cises sub/antial control ov] ! entity2 or 7,b7 owns or controls #be p]c5t or m ( ! own]%ip int]e/s ( ! entity4 ,octob] #cj1 #bjbe,report$ ) an am5dm5t