Directs the U.S. Treasury to instruct the U.S. executive director at the Inter-American Development Bank to reduce Chinese influence in the bank's projects and to favor U.S. and partner-country contractors.

• Directs the Treasury Secretary to have the U.S. executive director review IDB projects involving China for national and economic security risks, and to vote against projects with Chinese trust funds or those found to pose such risks.
• Directs the U.S. executive director to advocate for IDB procurement from U.S. and partner-country entities rather than Chinese ones, with priority on value for money, transparency, and integrity over lowest upfront cost.
• Directs the U.S. executive director to encourage collaboration between the IDB and the U.S. International Development Finance Corporation, and requires the Corporation's CEO to report on that collaboration within 180 days.
• Requires a report within 180 days on China's influence at the IDB, including a list of projects with Chinese funding or contractors since 2009, and requires written notice to Congress within 15 days of certain new projects near military sites.

• Foreign Relations Committee (Senate)

International Affairs