H.R. 5299 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Foreign Affairs, Sep 11, 2025
119th Congress
1st SessionH. R. 5299
1st SessionH. R. 5299
A BILL
DFC Modernization Act of 2025
In the HouseNo vote yet
Sponsor: Rep. Brian J. Mast (R-FL-21) · Introduced Sep 11, 2025 · International Affairs · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Sep 18, 2025: “Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.”
Sections
Title I — DEFINITIONS AND LESS DEVELOPED COUNTRY FOCUS · 2
Title II — MANAGEMENT OF CORPORATION · 4
Title III — AUTHORITIES RELATING TO PROVISION OF SUPPORT · 4
Title IV — OTHER MATTERS · 7
- Sec. 401Corporate powersNo change
- Sec. 402Maximum contingent liabilityNo change
- Sec. 403Authority to use portion of corporation fees to update information technology systems; transfer of fundsNo change
- Sec. 404Notifications to be provided by the corporationNo change
- Sec. 405Millennium challenge corporationNo change
- Sec. 406State-owned enterprisesNo change
- Sec. 407Repeal of redundant provisions of the European Energy Security and Diversification Act of 2019No change