L’Ouverture Economic Development Plan for Haiti Act of 2025

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Introduced 2025-02-07

Summary

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This bill would let the President designate a private nonprofit organization as the Haitian American Enterprise Fund for Haiti, to be operated by the head of the U.S. International Development Finance Corporation. The Fund could make loans, grants, equity investments, and other investments in Haiti's private sector and infrastructure, such as electricity, roads, ports, and manufacturing. A 9-member oversight panel would monitor the Fund, which would face annual audits and public reports. The bill authorizes $1 billion per year for fiscal years 2026 through 2031 and requires the Fund to repay federal money to the Treasury and close by December 31, 2031.

Full text and official record on Congress.gov

Action history

Date	Chamber	Action	Status effect
2026-09-02	House	ASSUMING FIRST SPONSORSHIP - Mr. Jackson (IL) asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 1114, a bill originally introduced by Representative Cherfilus-McCormick, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
2025-02-07	House	Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	refer
2025-02-07	House	Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	refer
2025-02-07		Introduced in House	introduce
2025-02-07		Introduced in House	introduce

Summary

Sponsors

Action history