S. 954: World Bank International Development Association Replenishment Act of 2009

111th Congress · introduced 2009-05-01 · International Affairs · Latest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 112.

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Follow this bill, step by step

Where it came from: introduced 2009-05-01 · official record
Who proposed it: Sen. Kerry, John F. [D-MA] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Placed on Senate Legislative Calendar under General Orders. Calendar No. 112. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

World Bank International Development Association Replenishment Act of 2009

Plain summary

World Bank International Development Association Replenishment Act of 2009 - (Sec. 2) Defines "greenhouse gas" as carbon dioxide, methane, nitrous oxide, sulfur hexafluoride, a perfluorocarbon, or a hydrofluorocarbon. (Sec. 3) Amends the International Financial Institutions Act to direct the Secretary of the Treasury to: (1) seek to ensure that multilateral development banks implement greenhouse gas accounting in analyzing the benefits and costs of individual projects, and expand their climate change mitigation activities; and (2) submit a related annual report to the appropriate congressional committees. Expresses the sense of Congress that implementing greenhouse gas accounting includes: (1) calculating net greenhouse gas flows; (2) establishing uniform publicly available calculation techniques; (3) measuring individual project emissions; (4) considering global social costs when evaluating economic cost benefits; and (5) performing greenhouse gas accounting for each project. (Sec. 4) Directs the Secretary to instruct the U.S. Executive Director at the World Bank to: (1) urge the Bank to help countries build capacity to investigate and punish corruption and crime in a manner consistent with well-established law enforcement and judicial norms; and (2) enhance programs that improve recipient countries' ability to prevent and prosecute fraud and corruption. (Sec. 5) Directs the Secretary to instruct the U.S. Executive Director at each multilateral development bank to use U.S. influence to encourage assessments of inspection functions and to strengthen the inspection mechanism where appropriate. (Sec. 6) Directs the Secretary to seek to ensure that multilateral development banks: (1) evaluate the development impact of selected bank projects and financing operations; and (2) use random assignment when feasible in conducting such evaluations. Expresses the sense of Congress that: (1) multilateral development banks should evaluate the development impact of selected bank projects and financing operations; (2) such evaluations should focus on building a body of research-proven approaches that have sustained impacts on important development outcomes and use random assignment when feasible; and (3) multilateral development banks should issue an annual report or similar publication. (Sec. 7) Amends the International Development Association Act to authorize the U.S. Governor of the International Development Association to contribute to the 15th replenishment of the Association. Authorizes appropriations. Authorizes the Secretary to contribute to the Association for debt relief funding under the Multilateral Debt Relief Initiative in the period governed by the 15th replenishment of the Association. Authorizes appropriations. Defines "Multilateral Debt Relief Initiative" as the proposal set out in the G8 Finance Ministers' Communique entitled "Conclusions on Development," done at London, June 11, 2005, and reaffirmed by G8 Heads of State at the Gleneagles Summit on July 8, 2005. (Sec. 8) Directs the Secretary: (1) in coordination with the Secretary of State, the Administrator of the United States Agency for International Development (USAID), and other federal agencies to study each agency's role in the formulation of U.S. policy regarding the World Bank Group; and (2) submit a related report to the appropriate congressional committees.

Congressional Research Service summary (Reported to Senate with amendment(s)), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

World Bank International Development Association Replenishment Act of 2009

Source: Congressional Research Service summary (Reported to Senate with amendment(s))

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Kerry, John F. [D-MA] · 2 cosponsors

Cost estimate: CBO cost estimate: S. 954, World Bank International Development Association Replenishment Act of 2009 (2009-06-11); CBO cost estimate: S. 954, World Bank International Development Association Replenishment Act of 2009 (2009-06-11)

Cosponsors on this site

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (3)

Appropriation: Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
Authorization: A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Ballot initiative: A proposed law or constitutional amendment that citizens place on the ballot by gathering enough voter signatures, so voters decide it directly. About half the states allow some form of it.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Reported to Senate with amendment(s))
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-111s954.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/111/s>

Record fed-us-cong111-s954 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111