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World Bank Facilitation: New Rules for Investing in Bonds

This new act changes the rules for securities issued by the International Development Association (part of the World Bank). It will treat these securities the same as bonds from other major development banks, potentially making it easier for them to raise funds for aid projects. For citizens, this could mean greater financial stability in markets where these securities are traded and support for international development initiatives.
Key points
Securities issued by the International Development Association (IDA) will be exempt from certain securities laws, similar to other multilateral development banks.
This change aims to make it easier for IDA to raise funds for supporting developing countries.
The Securities and Exchange Commission (SEC) will still oversee IDA and can suspend these exemptions if deemed necessary.
The act will not take effect if IDA provides financial assistance to countries designated by the U.S. as state sponsors of terrorism.
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Status: Passed House
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Additional Information
Print number: 119_HR_1764
Sponsor: Rep. Waters, Maxine [D-CA-43]
Process start date: 2025-03-03
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Aligning SEC Regulations for the World Bank’s International Development Association Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_1764.

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 2025-03-03.

What are the main provisions?

Key points include:

  • Securities issued by the International Development Association (IDA) will be exempt from certain securities laws, similar to other multilateral development banks.
  • This change aims to make it easier for IDA to raise funds for supporting developing countries.
  • The Securities and Exchange Commission (SEC) will still oversee IDA and can suspend these exemptions if deemed necessary.
  • The act will not take effect if IDA provides financial assistance to countries designated by the U.S. as state sponsors of terrorism.
What is the specific legal status?

The current status is Passed House.

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. Waters, Maxine [D-CA-43].

What is the latest detailed status?

The latest detailed status is: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3513)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Public Investments