Bill · H.R. 6562· House(119-HR-6562)
United States Development Finance Corporation Effectiveness Act
- Introduced
- 12/10/2025
- Last activity
- 12/10/2025 — Referred to the House Committee on Foreign Affairs.
- Sponsored by
- Joaquin Castro
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill is called the United States Development Finance Corporation Effectiveness Act. It updates the Better Utilization of Investments Leading to Development Act of 2018. The main goal is to require more detailed reporting on what projects accomplish. It tells the Corporation to report on foreign policy objectives and portfolio health. It also asks for reports on private capital mobilized and support provided to different countries. Finally, it requires a public database with project-level information.
Yes· 3 of 4
Does this make what the government does easier for the public to see?+7
The bill mandates a user-friendly, machine-readable, and publicly available database for detailed project-slevel information.
Does this make the government pay for what it commits to?+3
The bill increases oversight of the Corporation's portfolio health, including default and recovery rates, to ensure better financial management.
Would households on low incomes be better off under this?+2
By improving the tracking and effectiveness of development impact, the bill helps ensure support reaches less developed countries.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Section 2 requires the Corporation to report on strategic, foreign policy, and development objectives, and portfolio health like funds committed, default rates, and equity returns, which helps hold officials accountable for how public money is used.
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Section 2 requires the Corporation to report on how well projects meet development goals, private capital mobilized, and a breakdown of support given to different types of countries, giving the public a clear picture of where help is going.
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Section 3 requires the Corporation to maintain a user-friendly, publicly available, machine-readable database with detailed project-level information, performance metrics, and development impacts, making it easier for everyday people to track what is being done.
Potential Negative Impacts for People
- The provided text does not contain any specific sections or provisions that outline negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Improves Government Transparency+7
- Economy And Finance
- Improves Fiscal Responsibility+3
- Demographic And Interest Groups
- Good For Low Income Households+2
- National Security And Foreign Policy
- Increases Foreign Aid+2
- 12/10/2025
- Referred to the House Committee on Foreign Affairs.
- Introduced in House
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.