H.R. 6910

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6910 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 6910

To strengthen the development mandate of the United States 
International Development Finance Corporation, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

December 19, 2025

Mr. Castro of Texas introduced the following bill; which was referred 
to the Committee on Foreign Affairs

_______________________________________________________________________

A BILL

To strengthen the development mandate of the United States 
International Development Finance Corporation, and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``United States International 
Development Corporation Chief Development Officer Act''.

SEC. 2. CHIEF DEVELOPMENT OFFICER.

Section 1413(g) of the Better Utilization of Investments Leading to 
Development Act of 2018 (22 U.S.C. 9613) is amended--
(1) in paragraph (1)--
(A) in the matter preceding subparagraph (A)--
(i) by striking ``Subject to the approval 
of the Board, the'' and inserting ``The''; and
(ii) by striking ``in development'' and 
inserting ``in international development and 
development finance''; and
(B) in subparagraph (A), by striking ``the Board'' 
and inserting ``the Chief Executive Officer''; and
(2) in paragraph (2)--
(A) in the paragraph heading, by inserting ``AND 
RESPONSIBILITIES'' after ``DUTIES'';
(B) by redesignating subparagraph (A) as 
subparagraph (E);
(C) by striking subparagraphs (B) through (F) and 
inserting before subparagraph (E), as so redesignated, 
the following:
``(A) advise the Chief Executive Officer and the 
Deputy Chief Executive Officer on international 
development policy matters;
``(B) in addition to the Chief Executive Officer 
and the Deputy Chief Executive Officer, represent the 
Corporation in interagency meetings and processes 
relating to international development;
``(C) be an ex officio member of the Development 
Finance Advisory Council established under subsection 
(i) and participate in or send a representative to each 
meeting of the Council;
``(D) work with other relevant Federal departments 
and agencies to--
``(i) identify projects that advance United 
States international development interests; and
``(ii) explore investment opportunities 
that bring evidence-based, cost-effective 
development innovations to scale in a manner 
that can be sustained by markets;'';
(D) in subparagraph (E), as so redesignated--
(i) by striking ``coordinate'' and 
inserting ``support--
``(i) coordination of'';
(ii) in clause (i), as so redesignated, by 
striking ``United States Government'' and all 
that follows through the semicolon and 
inserting ``Federal departments and agencies, 
including by directly liaising with the 
relevant members of United States country teams 
serving overseas, to ensure that such Federal 
departments, agencies, and country teams have 
the training and awareness necessary to fully 
leverage the Corporation's development tools 
overseas;''; and
(iii) by adding at the end the following:
``(ii) management of employees of the 
Corporation that are dedicated to structuring, 
monitoring, and evaluating transactions and 
projects codesigned with other relevant Federal 
departments and agencies for development 
impact;
``(iii) coordination of funds or other 
resources transferred to and from such Federal 
departments, agencies, or overseas country 
teams, upon concurrence of those institutions, 
in support of the Corporation's international 
development projects or activities;
``(iv) management of the responsibilities 
of the Corporation under paragraphs (1) and (4) 
of section 1442(b) and paragraphs (1)(A) and 
(3)(A) of section 1443(b);
``(v) coordination and implementation of 
the activities of the Corporation under section 
1445; and
``(vi) implementation of the Corporation's 
development impact strategy and work to ensure 
development impact at the transaction level and 
portfolio-wide;''; and
(E) by adding at the end the following:
``(F) foster and maintain relationships both within 
and external to the Corporation that enhance the 
capacity of the Corporation to achieve its mission to 
advance United States international development policy 
and interests; and
``(G) coordinate within the Corporation to ensure 
United States international development policy and 
interests are considered together with the 
Corporation's foreign policy and national security 
goals.''.
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