I 
114TH CONGRESS 
1ST SESSION H. R. 2571 
To amend the Millennium Challenge Act of 2003 to authorize concurrent 
compacts for purposes of regional economic integration and cross-border 
collaborations, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 22, 2015 
Ms. BASS (for herself, Mr. ROYCE, Mr. ENGEL, Mr. CRENSHAW, and Mr. 
SMITH of Washington) introduced the following bill; which was referred 
to the Committee on Foreign Affairs 
A BILL 
To amend the Millennium Challenge Act of 2003 to authorize 
concurrent compacts for purposes of regional economic 
integration and cross-border collaborations, and for other 
purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Millennium Compacts 
for Regional Economic Integration Act’’ or ‘‘M–CORE 
Act’’. 
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SEC. 2. PURPOSE. 
This purpose of this Act is to expand the Millennium 
Challenge Corporation’s ability to develop compacts with 
countries, particularly in Africa, that promote regional 
economic integration and cross-border collaborations. 
SEC. 3. CANDIDATE COUNTRIES. 
(a) LOW INCOME COUNTRIES.—Section 606(a) of the 
Millennium Challenge Act of 2003 (22 U.S.C. 7705(a)) 
is amended— 
(1) in paragraph (1)(B), by striking ‘‘(3)’’ and 
inserting ‘‘(4)’’; 
(2) in paragraph (2)— 
(A) in the heading, by striking ‘‘FISCAL 
YEAR 2005 AND SUBSEQUENT FISCAL YEARS’’ 
and inserting ‘‘FISCAL YEARS 2005 THROUGH 
2012’’; and 
(B) by striking ‘‘fiscal year 2005 or a sub-
sequent fiscal year’’ and inserting ‘‘fiscal years 
2005 through 2012’’; 
(3) by redesignating paragraph (3) as para-
graph (4); and 
(4) by inserting after paragraph (2) the fol-
lowing: 
‘‘(3) FISCAL YEAR 2013 AND SUBSEQUENT FIS-
CAL YEARS.—A country shall be a candidate country 
for purposes of eligibility for assistance for fiscal 
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year 2013 or a subsequent fiscal year if the coun-
try— 
‘‘(A) has a per capita income equal to or 
less than the lower middle income country 
threshold established by the International Bank 
for Reconstruction and Development for the fis-
cal year; 
‘‘(B) is among the 75 countries identified 
by the International Bank for Reconstruction 
and Development as having the lowest per cap-
ita income; and 
‘‘(C) meets the requirements of paragraph 
(1)(B).’’. 
(b) LOWER MIDDLE INCOME COUNTRIES.—Section 
606(b) of the Millennium Challenge Act of 2003 (22 
U.S.C. 7705(b)) is amended— 
(1) in paragraph (1)— 
(A) in the heading, by striking ‘‘IN GEN-
ERAL’’ and inserting ‘‘FISCAL
YEARS
2006 
THROUGH 2012’’; and 
(B) in the matter preceding subparagraph 
(A), by striking ‘‘fiscal year 2006 or a subse-
quent fiscal year’’ and inserting ‘‘fiscal years 
2006 through 2012’’; 
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(2) by redesignating paragraph (2) as para-
graph (3); and 
(3) by inserting after paragraph (1) the fol-
lowing: 
‘‘(2) FISCAL YEAR 2013 AND SUBSEQUENT FIS-
CAL YEARS.—In addition to the countries described 
in subsection (a), a country shall be a candidate 
country for purposes of eligibility for assistance for 
fiscal year 2013 or a subsequent fiscal year if the 
country— 
‘‘(A) has a per capita income equal to or 
less than the lower middle income country 
threshold established by the International Bank 
for Reconstruction and Development for the fis-
cal year; 
‘‘(B) is not among the 75 countries identi-
fied by the International Bank for Reconstruc-
tion and Development as having the lowest per 
capita income; and 
‘‘(C) meets the requirements of subsection 
(a)(1)(B).’’. 
(c) RECLASSIFICATION.—Section 606 of the Millen-
nium Challenge Act of 2003 (22 U.S.C. 7705) is amend-
ed— 
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(1) by redesignating subsection (c) as sub-
section (d); and 
(2) by inserting after subsection (b) the fol-
lowing: 
‘‘(c) LIMITATIONS ON RECLASSIFICATION.— 
‘‘(1) FOR LOW INCOME COUNTRIES.—If the per 
capita income of a low income country that is a can-
didate country under subsection (a) changes during 
the fiscal year for which the country is eligible to re-
ceive assistance under this title such that the coun-
try would be reclassified as a lower middle income 
country under subsection (b), the country shall be 
deemed to continue to meet the per capita income 
requirements under subsection (a) for such fiscal 
year and the two subsequent fiscal years. 
‘‘(2) FOR
LOWER
MIDDLE
INCOME
COUN-
TRIES.—If the per capita income of a lower middle 
income country that is a candidate country under 
subsection (b) changes during the fiscal year for 
which the country is eligible to receive assistance 
under this title such that the country would be re-
classified as a low income country under subsection 
(a), the country shall be deemed to continue to meet 
the per capita income requirements under subsection 
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(b) for such fiscal year and the two subsequent fiscal 
years.’’. 
SEC. 4. MILLENNIUM CHALLENGE COMPACT. 
(a) CONCURRENT COMPACTS.—Section 609 of the 
Millennium Challenge Act of 2003 (22 U.S.C. 7708) is 
amended— 
(1) by striking the first sentence of subsection 
(k); 
(2) by redesignating subsection (k) (as so 
amended) as subsection (l); and 
(3) by inserting after subsection (j) the fol-
lowing new subsection: 
‘‘(k) CONCURRENT COMPACTS.—An eligible country 
that has entered into and has in effect a Compact under 
this section may enter into and have in effect at the same 
time not more than one additional Compact in accordance 
with the requirements of this title if— 
‘‘(1) one or both of the Compacts are or will be 
for purposes of regional economic integration, in-
creased regional trade, or cross-border collabora-
tions; and 
‘‘(2) the Board determines that the country is 
making considerable and demonstrable progress in 
implementing the terms of the existing Compact and 
supplementary agreements thereto.’’. 
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(b) APPLICABILITY.—The amendments made by sub-
section (a) apply with respect to Compacts entered into 
between the United States and an eligible country under 
the Millennium Challenge Act of 2003 before, on, or after 
the date of the enactment of this Act. 
(c) 
CONFORMING
AMENDMENT.—Section 
613(b)(2)(A) of such Act (22 U.S.C. 7712(b)(2)(A)) is 
amended by striking ‘‘the’’ before ‘‘Compact’’ and insert-
ing ‘‘any’’. 
SEC. 5. CONGRESSIONAL AND PUBLIC NOTIFICATION. 
Section 610 of the Millennium Challenge Act of 2003 
(22 U.S.C. 7709) is amended to read as follows: 
‘‘SEC. 610. CONGRESSIONAL AND PUBLIC NOTIFICATION. 
‘‘(a) CONGRESSIONAL CONSULTATIONS AND NOTIFI-
CATIONS.— 
‘‘(1) IN GENERAL.—The Board, acting through 
the Chief Executive Officer, shall consult with and 
notify the appropriate congressional committees not 
later than 15 days prior to taking any of the actions 
described in paragraph (2). 
‘‘(2) ACTIONS
DESCRIBED.—The actions de-
scribed in this paragraph are the following: 
‘‘(A) Providing assistance for an eligible 
country under section 609(g). 
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‘‘(B) Commencing negotiations with an eli-
gible country to provide assistance for— 
‘‘(i) a Compact under section 605; or 
‘‘(ii) an agreement under section 616. 
‘‘(C) Signing such a Compact or agree-
ment. 
‘‘(D) Terminating assistance under such a 
Compact or agreement. 
‘‘(3) ADDITIONAL REQUIREMENT.—Any notifi-
cation relating to the intent to negotiate and intent 
to sign a Compact or agreement shall include the 
projected economic rate of return for each project to 
be funded under such a Compact or agreement to 
the extent practicable and appropriate. 
‘‘(b) CONGRESSIONAL
AND PUBLIC NOTIFICATION 
AFTER ENTERING INTO A COMPACT.—Not later than 10 
days after entering into a Compact with an eligible coun-
try, the Board, acting through the Chief Executive Officer, 
shall— 
‘‘(1) publish a copy of the text of the Compact 
on the Internet website of the Corporation; 
‘‘(2) provide a detailed summary and, upon re-
quest, copy of the text of the Compact to the appro-
priate congressional committees; and 
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‘‘(3) publish in the Federal Register a detailed 
summary and notice of availability of the text of the 
Compact on the Internet website of the Corpora-
tion.’’. 
SEC. 6. DISCLOSURE. 
(a) REQUIREMENT FOR TIMELY DISCLOSURE.—Sec-
tion 612(a) of the Millennium Challenge Act of 2003 (22 
U.S.C. 7711(a)) is amended— 
(1) in the subsection heading, by inserting 
‘‘TIMELY’’ before ‘‘DISCLOSURE’’; and 
(2) in the matter preceding paragraph (1)— 
(A) by striking ‘‘The Corporation’’ and in-
serting ‘‘Not later than 90 days after the last 
day of each fiscal quarter, the Corporation’’; 
and 
(B) by striking ‘‘on at least a quarterly 
basis,’’. 
(b) DISSEMINATION.—Section 612 of the Millennium 
Challenge Act of 2003 (22 U.S.C. 7711) is amended by 
striking (b) and inserting the following: 
‘‘(b) DISSEMINATION.—The Board, acting through 
the Chief Executive Officer, shall make the information 
required to be disclosed under subsection (a) available to 
the public by publishing it on the Internet website of the 
Corporation, providing notice of the availability of such 
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information in the Federal Register, and by any other 
methods that the Board determines to be appropriate.’’. 
Æ 
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