United States Development Finance Corporation Effectiveness Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6562 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6562 To amend the Better Utilization of Investments Leading to Development Act of 2018 to provide for increased effectiveness. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 10, 2025 Mr. Castro of Texas introduced the following bill; which was referred to the Committee on Foreign Affairs _______________________________________________________________________ A BILL To amend the Better Utilization of Investments Leading to Development Act of 2018 to provide for increased effectiveness. 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 Development Finance Corporation Effectiveness Act''. SEC. 2. ANNUAL REPORT. Section 1443 of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9653) is amended-- (1) in subsection (a)-- (A) in paragraph (3), by striking ``; and'' and inserting a semicolon; (B) in paragraph (4), by striking the period at the end and inserting a semicolon; and (C) by inserting at the end the following: ``(5) the United States strategic, foreign policy, and development objectives advanced through projects supported by the Corporation; and ``(6) the health of the Corporation's portfolio, including an annual overview of funds committed, funds disbursed, default and recovery rates, capital mobilized, equity investments' year on year returns, and any difference between how investments were modeled at commitment and how they ultimately performed, to include a narrative explanation explaining any changes.''; and (2) in subsection (b)-- (A) in paragraph (1), by striking subparagraphs (A) and (B) and inserting the following: ``(A) the desired development impact and strategic outcomes