Sponsor
Maria Elvira Salazar
Representative · R-FL
Representative · R-FL
The bill increases U.S. investment capacity in regional development finance while preserving congressional spending oversight, but does so at the cost of higher potential federal outlays and greater exposure of taxpayer funds to investment losses.
Taxpayers: Authorizes increased U.S. investment in the Inter-American Investment Corporation (IIC) to support development finance in Latin America and the Caribbean, which could promote regional economic growth and create long-term economic opportunities that benefit U.S. trade and investment ties.
Taxpayers and federal employees: Requires that any U.S. subscription to additional IIC capital take effect only after enactment of appropriations Acts, maintaining congressional control over spending and preserving legislative oversight of taxpayer funds.
Taxpayers: If Congress provides the funding, buying additional IIC shares would increase federal outlays and could raise the fiscal cost borne by taxpayers.
Taxpayers: Expanding U.S. capital in the IIC exposes the United States to financial risk if IIC investments underperform or incur losses, potentially leading to write-downs or reduced returns on taxpayer-backed capital.
Based on analysis of 2 sections of legislative text.
Authorizes Treasury to subscribe for up to 25,124 additional IIC shares on behalf of the U.S., subject to later appropriations.
Official title: To authorize the Secretary of the Treasury to subscribe to additional shares of the capital stock of the Inter-American Investment Corporation.
Introduced December 18, 2025 by Maria Elvira Salazar · Last progress December 18, 2025
Authorizes the Treasury Secretary to buy up to 25,124 additional shares of capital stock in the Inter-American Investment Corporation (IIC) on behalf of the United States, subject to later funding through subsequent appropriations acts. It does not itself provide the funding; any purchase is limited to amounts and terms approved in future appropriations legislation.