Definition: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Input: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Supporting Economic and National
Security by Maintaining U.S. Leadership in Multilateral Development
Banks Act''.

SEC. 2. CAPITAL STOCK INCREASE FOR THE INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT.

The Bretton Woods Agreements Act (22 U.S.C. 286-286tt) is amended
by adding at the end the following:

''SEC. 69. CAPITAL STOCK INCREASE.

''(a) Increase Authorized.--
''(1) In general.--The United States Governor of the Bank
may--
''(A) vote for an increase of 484,102 shares in the
authorized capital stock of the Bank; and
''(B) subscribe on behalf of the United States to
81,074 additional shares of the authorized capital
stock of the Bank.
''(2) Subject to appropriations.--Any subscription under
paragraph (1) shall be effective only to such extent or in such
amounts as are provided in advance in appropriations Acts.
''(b) Limitations on Authorization of Appropriations.--
''(1) In general.--For subscriptions under subsection (a),
there are authorized to be appropriated, without fiscal year
limitation, $9,780,361,991 for payment by the Secretary of the
Treasury.
''(2) Allocation.--Of the amount authorized by paragraph
(1)--
''(A) $586,821,720 shall be for paid-in shares of
the authorized capital stock of the Bank; and
''(B) $9,193,540,271 shall be for callable shares
of the authorized capital stock of the Bank''.

SEC. 3. CAPITAL STOCK INCREASE FOR THE INTER-AMERICAN DEVELOPMENT BANK.

The Inter-American Development Bank Act (22 U.S.C. 283-283z-12) is
amended by adding at the end the following:

''SEC. 41. CAPITAL STOCK INCREASE.

''(a) Increase Authorized.--
''(1) In general.--The United States Governor of the Bank
may--
''(A) vote in favor of the resolution providing for
an increase in the authorized capital stock of the
Bank, as approved by the Board of Governors of the Bank
on July 21, 2010; and
''(B) subscribe on behalf of the United States to
1,741,135 additional shares of the authorized capital
stock of the Bank.
''(2) Subject to appropriations.--Any subscription under
paragraph (1) shall be effective only to such extent or in such
amounts as are provided in advance in appropriations Acts.
''(b) Limitations on Authorization of Appropriations.--
''(1) In general.--For the subscription under subsection
(a), there are authorized to be appropriated, without fiscal
year limitation, $21,004,064,337 for payment by the Secretary
of the Treasury.
''(2) Allocation.--Of the amount authorized by paragraph
(1)--
''(A) $510,090,175 shall be for paid-in shares of
the authorized capital stock of the Bank; and
''(B) $20,493,974,162 shall be for callable shares
of the authorized capital stock of the Bank.''.

SEC. 4. CAPITAL STOCK INCREASE FOR THE AFRICAN DEVELOPMENT BANK.

The African Development Bank Act (22 U.S.C. 290i-290i-10) is
amended by adding at the end the following:

''SEC. 1344. CAPITAL STOCK INCREASE.

''(a) Subscription Authorized.--
''(1) In general.--The United States Governor of the Bank
may subscribe to 289,391 additional shares of the authorized
capital stock of the Bank.
''(2) Subject to appropriations.--Any subscription under
paragraph (1) shall be effective only to such extent or in such
amounts as are provided in advance in appropriations Acts.
''(b) Limitations on Authorization of Appropriations.--
''(1) In general.--For the subscription under subsection
(a), there are authorized to be appropriated, without fiscal
year limitation, $4,322,228,221 for payment by the Secretary of
the Treasury.
''(2) Allocation.--Of the amount authorized under paragraph
(1)--
''(A) $259,341,759 shall be for paid-in shares of
the authorized capital stock of the Bank; and
''(B) $4,062,886,462 shall be for callable shares
of the authorized capital stock of the Bank.''.

SEC. 5. CAPITAL STOCK INCREASE FOR THE EUROPEAN BANK FOR RECONSTRUCTION
AND DEVELOPMENT.

The European Bank for Reconstruction and Development Act (22 U.S.C.
290l-290l-8) is amended by adding at the end the following:
''(12) Capital stock increase.--
''(A) Subscription authorized.--
''(i) In general.--The United States
Governor of the Bank may subscribe on behalf of
the United States to not more than 90,044
additional callable shares of the authorized
capital stock of the Bank.
''(ii) Subject to appropriations.--Any
subscription under clause (i) shall be
effective only to such extent or in such
amounts as are provided in advance in
appropriations Acts.
''(B) Limitations on authorization of
appropriations.--For the subscription under
subparagraph (A), there are authorized to be
appropriated, without fiscal year limitation,
$1,252,331,952 for payment by the Secretary of the
Treasury for callable shares of the authorized capital
stock of the Bank.''.

SEC. 6. TRANSPARENCY AND ACCOUNTABILITY.

Title XVI of the International Financial Institutions Act (22
U.S.C. 262-262p-12) is amended by adding at the end the following:

''SEC. 1629. TRANSPARENCY AND ACCOUNTABILITY.

''The Secretary of the Treasury shall instruct the United States
Executive Director at the International Bank for Reconstruction and
Development, the Inter-American Development Bank, the European Bank for
Reconstruction and Development, and the African Development Bank to
initiate discussions to advocate and promote efforts to--
''(1) require the government of each country receiving
adjustment or budget support loans to demonstrate transparent
budgetary processes including budget publication and public
scrutiny before loan or grant approval;
''(2) provide greater public disclosure of loan documents
of the respective bank; and
''(3) use technology to improve multilateral development
outcomes by making available to the public data about projects
carried out using financing provided by the respective bank and
about programs of the respective bank.''.

SEC. 7. CORRUPTION.

Title XVI of the International Financial Institutions Act (22
U.S.C. 262-262p-12) is further amended by adding at the end the
following:

''SEC. 1630. CORRUPTION.

''The Secretary of the Treasury shall instruct the United States
Executive Director at the International Bank for Reconstruction and
Development, the Inter-American Development Bank, the European Bank for
Reconstruction and Development, and the African Development Bank to
initiate discussions in order to advocate and promote efforts to--
''(1) implement best practices in domestic laws and
international conventions against corruption for whistleblower
and witness disclosures, and protections against retaliation
for internal and lawful public disclosures by the employees of
the respective bank and others affected by the operations of
the respective bank who challenge illegality or other
misconduct that could threaten the mission of the respective
bank, including--
''(A) best practices for legal burdens of proof;
''(B) access to independent adjudicative bodies;
and
''(C) results which eliminate the effects of proven
retaliation; and
''(2) implement clear anti-corruption procedures setting
forth circumstance under which a person will be barred from
receiving a loan, contract, grant, guarantee or credit from the
respective bank, and make the procedures available to the
public.''.

SEC. 8. PROCUREMENT.

Title XVI of the International Financial Institutions Act (22
U.S.C. 262-262p-12) is further amended by adding at the end the
following:

''SEC. 1631. PROCUREMENT.

''The Secretary of the Treasury shall instruct the United States
Executive Director at the International Bank for Reconstruction and
Development, the Inter-American Development Bank, the European Bank for
Reconstruction and Development, and the African Development Bank to
advocate and promote efforts by the respective bank to maintain strong
procurement standards that maintain international competitive bidding
for projects funded by the respective bank, to maximize broad United
States and international participation in accordance with sound
procurement practices, including transparency, broad international
competition, established standards and documentation for bidding and
bid evaluation, and cost-effective results for the borrowers.''.

SEC. 9. ARGENTINA.

Title XVI of the International Financial Institutions Act (22
U.S.C. 262-262p-12) is further amended by adding at the end the
following:

''SEC. 1632. ARGENTINA.

''(a) In General.--The Secretary of the Treasury shall instruct the
United States Executive Directors at the International Bank for
Reconstruction and Development and the Inter-American Development Bank
to--
''(1) oppose any loan to the government of Argentina (other
than a loan that serves basic human needs); and
''(2) to initiate discussions with other executive
directors at the respective bank to advocate and vigorously
promote efforts to encourage Argentina to normalize relations
with its official and private creditors and elsewhere in the
international community, including in its dealings with the
International Centre for Settlement of Investment Disputes, the
Paris Club, the Financial Action Task Force, and the
International Monetary Fund,
until the Secretary determines and certifies to the Congress that
Argentina is normalizing its status in the international community as
demonstrated by improved relations with the Financial Action Task
Force, the International Monetary Fund, and its official and private
creditors, including in the context of compliance with the
International Centre for Settlement of Investment Disputes.
''(b) Waiver Authority.--The President may waive the application of
subsection (a)(1) if the President determines and reports to Congress
that--
''(1) applying subsection (a)(1) would cause serious harm
to the national security of the United States; or
''(2) it is in the vital economic interests of the United
States to do so.''.
Output:
Supporting Economic and National Security by Maintaining U.S. Leadership in Multilateral Development Banks Act - Amends the Bretton Woods Agreements Act, the Inter-American Development Bank Act, the African Development Bank Act, and the European Bank for Reconstruction and Development Act to authorize the U.S. Governors of the International Bank for Reconstruction and Development, the Inter-American Development Bank, the African Development Bank, and the European Bank for Reconstruction and Development to vote for specified increases in the capital stock of the respective Banks.

Amends the International Financial Institutions Act to direct the Secretary of the Treasury to instruct the U.S. Executive Directors at such Banks to initiate discussions to advocate and promote efforts to: (1) require the government of each country receiving adjustment or budget support loans to demonstrate transparent budgetary processes before loan or grant approval, (2) provide greater public disclosure of loan documents of the respective bank, and (3) use technology to make available to the public data about projects carried out using Bank financing as well as about programs of the respective Bank. Requires the Secretary to instruct the U.S. Executive Directors at the respective Banks to initiate discussions in order to advocate and promote efforts to: (1) implement best practices in domestic laws and international conventions against corruption for whistleblower and witness disclosures, as well as protections against retaliation for internal and lawful public disclosures by Bank employees and others affected by Bank operations; and (2) implement specified anti-corruption procedures. Requires the Secretary to instruct the U.S. Executive Directors at the respective Banks to advocate and promote efforts to: (1) maintain strong procurement standards that maintain international competitive bidding for projects funded by the respective Bank; and (2) maximize broad U.S. and international participation in accordance with sound procurement practices, including transparency, broad international competition, established standards and documentation for bidding and bid evaluation, and cost-effective results for the borrowers. Directs the Secretary to instruct the U.S. Executive Directors at the International Bank for Reconstruction and Development and the Inter-American Development Bank to: (1) oppose any loan to the government of Argentina (other than one that serves basic human needs); and (2) initiate discussions with other Executive Directors at the respective Bank to advocate and promote vigorously efforts to encourage Argentina to normalize relations with its official and private creditors and elsewhere in the international community, including in its dealings with the International Centre for Settlement of Investment Disputes, the Paris Club, the Financial Action Task Force, and the International Monetary Fund.