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H.R. 8463: Millennium Challenge Corporation Eligibility Expansion Act

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H.R. 8463: Millennium Challenge Corporation Eligibility Expansion Act

117th Congress · introduced 2022-07-21 · International Affairs · Latest: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2022-07-21 · official record
  2. Who proposed it: Rep. Castro, Joaquin [D-TX-20] · what a sponsor is
  3. What happened next: 1 recorded vote in our records. Latest: House roll call 472 (2022): On Motion to Suspend the Rules and Pass, HR8463 (2022-09-29), Passed. See all
  4. Where it stands now: Received in the Senate and Read twice and referred to the Committee on Foreign Relations. Not final yet: this can still change. We check for updates every day.
  5. 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 Challenge Corporation Eligibility Expansion Act

Plain summary

Millennium Challenge Corporation Eligibility Expansion Act This bill modifies income-related eligibility requirements for assistance from the Millennium Challenge Corporation (MCC), a program that provides assistance through a competitive selection process to eligible developing countries based on various factors, including a country's level of economic freedom and effectiveness of government. Currently, to be a candidate to receive MCC assistance, a country must, among other requirements, must (1) fit the World Bank's income-based criteria for a low- or lower-middle-income country, or (2) be among the 75 lowest per capita income countries according to the World Bank. Under this bill, a candidate country must have a gross national income per capita no higher than the 125th poorest country as identified by the World Bank for the fiscal year.

Congressional Research Service summary (Passed House), 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 Challenge Corporation Eligibility Expansion Act

Source: Congressional Research Service summary (Passed House)

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The strongest published arguments

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Alternatives

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

Officials and money

Sponsor: Rep. Castro, Joaquin [D-TX-20] · 14 cosponsors

Cost estimate: CBO cost estimate: H.R. 8463, Millennium Challenge Corporation Eligibility Expansion Act (2022-08-22)

Cosponsors on this site

Young Kim (R-CA), Gregory W. Meeks (D-NY), Nicole Malliotakis (R-NY), Chrissy Houlahan (D-PA), Brad Sherman (D-CA), Dina Titus (D-NV), Juan Vargas (D-CA), William R. Keating (D-MA), Ted Lieu (D-CA), Jim Costa (D-CA), Ami Bera (D-CA)

Sponsor's campaign money: Rep. Castro, Joaquin [D-TX-20] reported raising $592,416 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Agencies named in this bill

Found automatically: the agency's full official name appears in the bill title. A bill can affect agencies it does not name, so this list may be incomplete.

Recorded votes

Words on this page, explained (2)
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).
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

Record fed-us-cong117-hr8463 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117