Summary: S.1082 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for S.1082. Bill summaries are authored by CRS.

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Introduced in Senate (07/29/1997)

Amends the Inter-American Development Bank Act to authorize appropriations, without fiscal year limitation, for the U.S. contribution to the eighth general increase in the authorized capital stock of the Inter-American Development Bank.

Amends the Asian Development Bank Act to authorize the U.S. Governor of the Asian Development Bank to contribute on behalf of the United States a specified amount to the Asian Development Fund. Authorizes appropriations without fiscal year limitation.

Amends the European Bank for Reconstruction and Development Act to authorize the U.S. Governor of the European Bank for Reconstruction and Development to subscribe on behalf of the United States to specified additional shares of the Bank's capital stock. Authorizes appropriations without fiscal year limitation.

Amends the International Development Association Act to authorize appropriations, without fiscal year limitation, for the U.S. contribution to the 11th replenishment of the resources of the International Development Association.

Amends the Bretton Woods Agreements Act to increase: (1) the amount of loans (equivalent to Special Drawing Rights) the Secretary of the Treasury is authorized to make to the International Monetary Fund; and (2) the authorization of appropriations for such loans.