Committee/Subcommittee: | Activity: | |
House Banking and Financial Services | Referral, Reporting | |
Subcommittee on Domestic and International Monetary Policy | Referral | |
Senate Foreign Relations | Referral, Discharged |
***NONE***
TABLE OF CONTENTS:
World Bank AIDS Prevention Trust Fund Act - Title I: Negotiations For the Creation of a World Bank Trust Fund to Assist in AIDS Prevention and Eradication - Directs the Secretary of the Treasury to enter into negotiations with the International Bank for Reconstruction and Development (World Bank) or the International Development Association (IDA), and with their member nations and other interested parties, for the creation of a trust fund which could accept contributions from governments, the private sector, and nongovernmental entities to address the AIDS epidemic in developing countries eligible to borrow from the IDA.
Title II: United States Financial Participation - Authorizes appropriations to the Secretary for payment to the trust fund.
Title III: Report - Directs the Secretary to report to specified congressional committees on the goals, the programs and projects, and activities, including any vaccination approaches, supported by the trust fund and their effectiveness in reducing the worldwide spread of AIDS.