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Enhanced Oversight for International Development Finance Corporation

This act strengthens oversight of the U.S. International Development Finance Corporation by granting law enforcement authority to its Inspector General. This aims to increase transparency and accountability in the use of public funds, indirectly impacting the effectiveness of development aid funded by taxpayer money.
Key points
The Inspector General of the International Development Finance Corporation gains law enforcement authority.
The change aims to improve oversight and combat potential abuses within the organization.
Increased control over public expenditures allocated for international development.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_7943
Sponsor: Rep. Castro, Joaquin [D-TX-20]
Process start date: 2024-04-11
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Enhancing Development Finance Corporation Oversight Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7943.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-04-11.

What are the main provisions?

Key points include:

  • The Inspector General of the International Development Finance Corporation gains law enforcement authority.
  • The change aims to improve oversight and combat potential abuses within the organization.
  • Increased control over public expenditures allocated for international development.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Castro, Joaquin [D-TX-20].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Oversight and Accountability.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

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