To authorize the Secretary of the Treasury to subscribe to additional shares of the capital stock of the Inter-American Investment Corporation.

House Bill

H.R. 6892

119th Congress

To authorize the Secretary of the Treasury to subscribe to additional shares of the capital stock of the Inter-American Investment Corporation.

In Committee

Introduced:Dec 18, 2025

Primary Sponsor

Maria Salazar

R - FL

Cosponsors

0

Quick Stats

Summary

This bill authorizes the Treasury Secretary to purchase up to 25,124 additional shares of stock in the Inter-American Investment Corporation (IIC), part of the Inter-American Development Bank Group. The IIC provides financing for private sector development in Latin America and the Caribbean. Any purchases require Congressional appropriations.

Latest Action

Referred to the House Committee on Financial Services.

AI Summary

Plain-English explanation of this bill

This bill authorizes the Treasury Secretary to purchase up to 25,124 additional shares of stock in the Inter-American Investment Corporation (IIC), part of the Inter-American Development Bank Group. The IIC provides financing for private sector development in Latin America and the Caribbean. Any purchases require Congressional appropriations.

Last updated: 12/26/2025

Key Points

Main provisions of the bill

Authorizes subscription to up to 25,124 additional IIC shares
Subject to appropriations - authorization only, not actual funding
IIC is the private sector lending arm of the Inter-American Development Bank
Supports private business development in Latin America and Caribbean
Increases U.S. stake and voting power in the regional development institution

How This Impacts Americans

Potential effects on citizens and communities

U.S. influence in Latin American development finance would increase with a larger IIC stake. Private businesses in Latin America and the Caribbean seeking expansion loans may benefit from additional IIC capital. U.S. taxpayers would be investing in regional development (if appropriated). The bill supports broader U.S. foreign policy goals in the Western Hemisphere. Competition with Chinese development finance in the region is an unstated motivation.

Policy Areas

No policy areas assigned yet.

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

6892, 119th Congress (2025). "To authorize the Secretary of the Treasury to subscribe to additional shares of the capital stock of the Inter-American Investment Corporation.". Source: Voter's Right Platform. https://votersright.org/bills/119-hr-6892