Sponsors
This is not an official government website.
Copyright © 2026 PLEJ LC. All rights reserved.
Authorizes the Secretary of the Treasury to subscribe, on behalf of the United States, for up to 25,124 additional shares of capital stock in the Inter-American Investment Corporation (IIC). Any subscription would only become effective to the extent and in the amounts provided later by Congress through appropriations acts, so no immediate federal spending is authorized by this legislation.
The bill would mobilize U.S. capital to support development and private investment in Latin America and the Caribbean while preserving Congressional control through appropriations, but it exposes U.S. taxpayers and the federal budget to potential costs and fiscal risk if investments underperform.
Latin American and Caribbean governments, businesses, and U.S. firms: U.S. participation increases capital available for infrastructure and private‑sector development projects in the region, potentially supporting economic growth and business opportunities.
U.S. taxpayers and Congress: Because subscriptions require future appropriations, Congress retains oversight and control over the pace and amount of U.S. investments, preserving budgetary and political review.
U.S. taxpayers: If Congress provides appropriations, taxpayers may bear the direct costs of purchasing IIC shares and could face future capital calls or losses on those investments.
U.S. federal fiscal position and taxpayers: Expanding U.S. financial exposure to a multilateral development institution increases fiscal and financial risk if investments underperform or require additional funding.
Introduced December 18, 2025 by Maria Elvira Salazar · Last progress December 18, 2025