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H. Rept. 115-814 1 (2018-07-11)

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INFORMATION 4















                     115TH CONGRESS                                         REPORT
                        2d Session  J  HOUSE   OF REPRESENTATIVES           115-814







                        BETTER   UTILIZATION OF INVESTMENTS LEADING TO
                                      DEVELOPMENT ACT OF 2018




                      JULY 11, 2018.-Committed to the Committee of the Whole House on the State of
                                        the Union and ordered to be printed




                      Mr. ROYCE  of California, from the Committee  on Foreign Affairs,
                                          submitted  the  following



                                              REPORT


                                            [To accompany H.R. 5105]

                              [Including cost estimate of the Congressional Budget Office]

                      The  Committee   on Foreign Affairs, to whom  was referred the bill
                    (H.R.  5105) to establish the United  States International  Develop-
                    ment  Finance  Corporation,  and for other purposes,  having consid-
                    ered  the same, reports favorably  thereon with an  amendment and
                    recommends   that the bill as amended  do pass.


                                            TABLE  OF CONTENTS

                                                                                     Page
                    The A m endm ent ......................................................................................................  2
                    Sum m ary and Purpose ............................................................................................  24
                    Background and Need for the  Legislation  .............................................................  24
                    H earings ...................................................................................................................  30
                    Com m ittee Consideration  .......................................................................................  30
                    Com m ittee Oversight  Findings  ...............................................................................  30
                    New Budget Authority, Tax Expenditures, and Federal Mandates ....................   30
                    Congressional Budget Office Cost Estimate .........................................................  31
                    D irected Rule  M aking  .............................................................................................  39
                    Non-Duplication of Federal Program  s  ..................................................................  39
                    Perform ance Goals  and  Objectives  ........................................................................  39
                    Congressional Accountability  Act  ...........................................................................  40
                    N ew Advisory Com m ittees  .....................................................................................  40
                    Earm ark Identification  ...........................................................................................  40
                    Section-by-Section  Analysis  ....................................................................................  40
                    Changes in Existing Law Made by the Bill, as Reported .................             46


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