Sec. 8741. Equity investment
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Section 1421(c) of the Better Utilization of Investments Leading to Development Act of 2018 ( 22 U.S.C. 9621(c) ) is amended by adding at the end the following new paragraph: There is established in the Treasury of the United States a fund to be known as the Development Finance Corporate Equity Investment Account (referred to in this division as the Equity Investment Account ), which shall be administered by the Corporation as a revolving account to carry out the purposes of this section.
The Corporation shall— manage the Equity Investment Account in ways that demonstrate a commitment to pursuing catalytic investments in less developed countries in accordance with section 1412(c)(1) and paragraph (1); and collect data and information about the use of the Equity Investment Account to inform the Corporation’s record of returns on investments and reevaluation of equity investment subsidy rates prior to the termination of the authorities provided under this title.
There is authorized to be appropriated to the Equity Investment Account $5,000,000,000 for fiscal years 2026 through 2031. Earnings and proceeds from the sale or redemption of, and fees, credits, and other collections from, the equity investments of the Corporation under the Equity Investment Account shall be retained and deposited into the Fund and shall remain available to carry out this subsection without fiscal year limitation without further appropriation. The Corporation shall ensure that at least 25 percent of its obligations from funds authorized to be appropriated under subparagraph
(C)or otherwise made available for the Fund for Corporation projects are rated in the upper 20 percent on the Impact Quotient tier system, or any similar or successor assessment tool, developed pursuant to section 1442(b)(1). . Section 1421(c)(3)(C) of the Better Utilization of Investments Leading to Development Act of 2018 ( 22 U.S.C. 9621(c)(3)(C) ), is amended by inserting , localized workforces, and partner country economic security after markets . Section 1421(c)(4)(A) of the Better Utilization of Investments Leading to Development Act of 2018 ( 22 U.S.C. 9621(c)(4)(A) ), by striking 30 and inserting 40 .
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Sec. 8741
Equity investment
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