I 
116TH CONGRESS 
1ST SESSION 
H. R. 132 
To provide for a general capital increase for the North American Development 
Bank, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 3, 2019 
Mr. CUELLAR (for himself, Mr. HURD of Texas, and Mr. GONZALEZ of Texas) 
introduced the following bill; which was referred to the Committee on Fi-
nancial Services 
A BILL 
To provide for a general capital increase for the North 
American Development Bank, 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 ‘‘North American Devel-
opment Bank Improvement Act of 2019’’. 
SEC. 2. GENERAL CAPITAL INCREASE. 
Part 2 of subtitle D of title V of Public Law 103– 
182 (22 U.S.C. 290m et seq.) is amended by adding at 
the end the following: 
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‘‘SEC. 547. FIRST CAPITAL INCREASE. 
‘‘(a) SUBSCRIPTION AUTHORIZED.—The Secretary of 
the Treasury is authorized to subscribe on behalf of the 
United States to, and make payment for, 150,000 addi-
tional shares of the capital stock of the Bank. 
‘‘(b) 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 Acts.’’. 
SEC. 3. POLICY GOALS. 
(a) 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 2 of article II of the Charter, 
the Secretary of the Treasury shall direct the representa-
tives 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— 
(1) environmental infrastructure relating to 
water pollution, wastewater treatment, water con-
servation, municipal solid waste, and related mat-
ters; 
(2) natural gas, including natural gas pipelines 
and combined cycle power plants, with major empha-
sis on cross-border energy distribution and consump-
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tion and the energy security of the United States 
and Mexico; and 
(3) the expansion or new construction of inter-
national 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 traffic. 
(b) CHARTER DEFINED.—In this section, the term 
‘‘Charter’’ means the Agreement Concerning the Estab-
lishment of a Border Environment Cooperation Commis-
sion and a North American Development Bank, signed at 
Washington and Mexico November 16 and 18, 1993, and 
entered into force January 1, 1994 (TIAS 12516), be-
tween the United States and Mexico. 
SEC. 4. EFFICIENCIES AND STREAMLINING. 
The Secretary of the Treasury shall direct the rep-
resentatives 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 fi-
nancing process, including through initiatives such as sin-
gle certifications for revolving facilities, programmatic cer-
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tification of similar groups of small projects, expansion of 
internal authority to approve qualified projects below cer-
tain monetary thresholds, and expedited certification for 
public sector projects subject to lender bidding processes. 
SEC. 5. PERFORMANCE MEASURES. 
(a) 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— 
(1) demonstrate how projects and financing ap-
proved 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 Mexico; and 
(2) are reviewed and updated not less fre-
quently than annually. 
(b) REPORT TO CONGRESS.—The Secretary of the 
Treasury shall submit to Congress, with the submission 
to Congress of the budget of the President for a fiscal 
year under section 1105(a) of title 31, United States 
Code, a report on progress in imposing the performance 
measures described in subsection (a). 
Æ 
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