S. 1605: Millennium Compacts for Regional Economic Integration Act

114th Congress · introduced 2015-06-18 · International Affairs · Latest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 534.

federal

Follow this bill, step by step

Where it came from: introduced 2015-06-18 · official record
Who proposed it: Sen. Cardin, Benjamin L. [D-MD] · 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. 534. 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

Millennium Compacts for Regional Economic Integration Act

Plain summary

Millennium Compacts for Regional Economic Integration Act or the M-CORE Act (Sec. 3) This bill amends he Millennium Challenge Act of 2003 to provide that a country that is eligible for assistance under such Act and the United States may enter into and have in effect at the same time not more than one additional compact if: one or both of the compacts are or will be for purposes of regional economic integration, increased regional trade, or cross-border collaborations; and the country is making considerable and demonstrable progress in implementing the terms of any existing compacts. (Sec. 4) The bill provides that a country qualifying for candidate status as an eligible country with a per capita income that changes in the fiscal year such that the country would be reclassified from a low income country to a lower middle income country, or from a lower middle income country to a low income country, shall retain its candidacy status in its former income classification for such fiscal year and the two subsequent fiscal years. (Sec. 5) A member of the corporation's board who is not a federal officer may continue to serve in each initial or additional appointment for up to one year until his or her successor is appointed. (Sec. 6) The board, after entering into a compact, shall publish in the Federal Register a notice that the compact's summary and text are available on the corporation's Internet website and provide the website's address. (The board is currently required to publish a compact's summary and text in the Federal Register and on the corporation's Internet website.) (Sec. 7) The bill prohibits assistance for a country that does not qualify as a candidate country for the fiscal year when such assistance is provided. (A candidate country is a country that: (1) satisfies specified low income- and assistance-related requirements; and (2) demonstrates a significant commitment to, but fails to meet, specified political, economic, and social criteria.) (Sec. 8) Before the board selects an eligible country for a compact, the corporation shall provide the board with information on the country's treatment of civil society. (Sec. 9) The corporation shall submit a study within 180 days assessing the feasibility of developing partnerships at the subnational level within candidate countries that would be complementary to and concurrent with national or regional investments.

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

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Millennium Compacts for Regional Economic Integration Act

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

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The strongest published arguments

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

Officials and money

Sponsor: Sen. Cardin, Benjamin L. [D-MD] · 6 cosponsors

Cost estimate: CBO cost estimate: S. 1605, Millennium Compacts for Regional Economic Integration Act (2016-07-20)

Cosponsors on this site

Christopher A. Coons (D-DE), Sheldon Whitehouse (D-RI), Christopher Murphy (D-CT), Gary C. Peters (D-MI)

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)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Federal Register: The official daily publication of the U.S. government for agency rules, proposed rules, public notices and presidential documents.
Fiscal year: The 12-month period a government uses for its budget. The federal fiscal year runs from October 1 to September 30 and is named for the calendar year in which it ends. Most states use July 1 to June 30.

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-114s1605.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/114/s>

Record fed-us-cong114-s1605 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114