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DFC Modernization: Increased US Investments for Global Development and Security

This act aims to enhance the United States' capacity to support economic development in other countries, potentially leading to global stability and security. Citizens may experience indirect benefits from a stronger U.S. international standing, including secured supply chains and promoted stability in regions critical to American interests.
Key points
Increased DFC's maximum contingent liability from $60 billion to $250 billion, allowing for greater investment capacity.
Expanded DFC's operational scope to include high-income countries, provided it serves U.S. interests, potentially opening new markets for American businesses.
Prohibition of support for projects involving governments or state-owned enterprises from "countries of concern" (e.g., China, Russia, Venezuela), aiming to protect U.S. interests.
Establishment of an Equity Investments Account, allowing DFC to retain and reinvest earnings, increasing financial flexibility.
Extended DFC's operational termination date to December 31, 2031, ensuring long-term support for development initiatives.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_5299
Sponsor: Rep. Mast, Brian J. [R-FL-21]
Process start date: 2025-09-11
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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

DFC Modernization Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5299.

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 2025-09-11.

What are the main provisions?

Key points include:

  • Increased DFC's maximum contingent liability from $60 billion to $250 billion, allowing for greater investment capacity.
  • Expanded DFC's operational scope to include high-income countries, provided it serves U.S. interests, potentially opening new markets for American businesses.
  • Prohibition of support for projects involving governments or state-owned enterprises from "countries of concern" (e.g., China, Russia, Venezuela), aiming to protect U.S. interests.
  • Establishment of an Equity Investments Account, allowing DFC to retain and reinvest earnings, increasing financial flexibility.
  • Extended DFC's operational termination date to December 31, 2031, ensuring long-term support for development initiatives.
What is the specific legal status?

The current status is Introduced.

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. Mast, Brian J. [R-FL-21].

What is the latest detailed status?

The latest detailed status is: Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Public Investments Economy Security