HB1161
Type: B Origin: House USA Comments: 0

Aligning Sec Regulations For The World Bank’s International Development Association Act

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The "Aligning SEC Regulations for the World Bank’s International Development Association Act" is a federal bill aimed at ensuring that the Securities and Exchange Commission (SEC) regulations are aligned with the policies of the International Development Association (IDA) of the World Bank. The main provisions of the bill include directing the SEC to consider the impact of its regulations on IDA funding and development projects, as well as requiring coordination between the SEC and the Department of Treasury regarding IDA matters. The bill seeks to streamline regulatory processes to support IDA's efforts in promoting global development initiatives.

Bill Activity

  • 2023-02-24: Introduced in House

  • 2023-02-24: Referred to the House Committee on Financial Services.

  • 2023-02-28: Committee Consideration and Mark-up Session Held.

  • 2023-02-28: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 38 - 0.

  • 2023-12-01: Reported (Amended) by the Committee on Financial Services. H. Rept. 118-289.

  • 2023-12-01: Placed on the Union Calendar, Calendar No. 233.

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