HR 5299
Cleared committee
Raises the U.S. International Development Finance Corporation's maximum contingent liability from $60 billion to $250 billion and directs it to take on more risk in overseas investments.
Official title: DFC Modernization Act of 2025
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
11-SEP-2025
Referred
11-SEP-2025
Approved by committee
18-SEP-2025
- Raises the Corporation's maximum contingent liability from $60 billion to $250 billion.
- Limits support in high-income countries to cases where the President certifies it furthers U.S. economic or foreign policy interests.
- Bars support for projects involving anticompetitive private firms or countries of concern such as China, Russia, Iran, and Cuba.
- Extends the Corporation's termination date to December 31, 2031, and creates an Equity Investments Account for collections from equity investments.
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International Affairs
No cosponsors.