# 116-hr-7570: To amend the Better Utilization of Investments Leading to Development Act of 2018 to facilitate increased equity investments under that Act.

116-hr-7570, To amend the Better Utilization of Investments Leading to Development Act of 2018 to facilitate increased equity investments under that Act., is a 116th Congress bill sponsored by Rep. Yoho, Ted S. [R-FL-3] (R-FL); status Referred to the House Committee on Foreign Affairs. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7570
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7570
- Congress: 116
- Title: To amend the Better Utilization of Investments Leading to Development Act of 2018 to facilitate increased equity investments under that Act.
- Status: Referred to the House Committee on Foreign Affairs.
- Introduced: 2020-07-09
- Sponsor: Rep. Yoho, Ted S. [R-FL-3] (R-FL)
- Cosponsors: 3
- Policy area: International Affairs
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill modifies budget treatment for equity investments made by the U.S. International Development Finance Corporation. Under current law, such equity investments are treated like grants for federal budgetary scoring, which requires the government to provide through appropriations the full amount that may be invested (i.e., dollar-for-dollar funding). The bill instead deems such equity investments a federal credit program. As a result, such investments are scored based on an estimated repayment rate, and appropriation of the full investment amount is not required.

## Cosponsors (3)

- Rep. Smith, Adam [D-WA-9] (D-WA), 2020-07-09T00:00:00.000Z
- Rep. McCaul, Michael T. [R-TX-10] (R-TX), 2020-07-20T00:00:00.000Z
- Rep. Riggleman, Denver [R-VA-5] (R-VA), 2020-07-20T00:00:00.000Z

## Related bills

- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-7642: Coronavirus Economic Relief for Transportation Services Act
- 116-hr-4305: PAWS for Veterans Therapy Act
- 116-hr-3495: Improve Well-Being for Veterans Act
- 116-hr-1044: Fairness for High-Skilled Immigrants Act of 2020
- 116-hr-748: CARES Act

## Sources
- [116-hr-7570 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7570)

## Related
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-7642: Coronavirus Economic Relief for Transportation Services Act](https://policyrisk.com/legislation/116-hr-7642)
- [116-hr-4305: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/116-hr-4305)
- [116-hr-3495: Improve Well-Being for Veterans Act](https://policyrisk.com/legislation/116-hr-3495)
- [116-hr-1044: Fairness for High-Skilled Immigrants Act of 2020](https://policyrisk.com/legislation/116-hr-1044)
- [116-hr-748: CARES Act](https://policyrisk.com/legislation/116-hr-748)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7570 (as of 2025-11-18).