HR6562Referred to Committee

United States Development Finance Corporation Effectiveness Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-12-10
Introduced
0
Cosponsors
HR
ⓘ
Type

Sponsor

Joaquin Castro
Joaquin Castro
Democrat · TX · Representative
Votes with party: 97.9% (534 recorded votes)

Full profile: /officials/C001091

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Foreign Affairs.

2025-12-10

Source: Congress.gov

Committee Activity

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Plain-English Summary

This bill would review and potentially strengthen how the U.S. Development Finance Corporation operates when providing loans and investments to support American businesses and development projects in other countries. The changes would likely focus on making sure the corporation is effectively competing with similar organizations from other countries and delivering results that benefit both U.S. companies and the countries receiving the investments.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

International Affairs
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