AIDA
See how your representatives voted on this bill.
DeepSyte matches this bill to the issues you care about and shows whether your reps' votes line up — not party, not press releases. Take the 2-minute values quiz to see your alignment.
Alignment with your views
Sign in and take the values quiz to see how this bill lines up with what you've said.
Summary
The African Diaspora Investment and Development Act (AIDA) establishes a comprehensive federal strategy to support African and Caribbean diaspora engagement in development through reduced remittance costs, investment incentives, and institutional partnerships. The bill creates programs within the U.S. International Development Finance Corporation to match diaspora investments up to $5,000 per taxpayer, establishes a special window for diaspora-led investment funds, and authorizes support for diaspora bonds. It also amends the tax code to allow a deduction for remittances used for qualified purposes (housing, agriculture, education, healthcare, small business) up to $3,000 annually, excludes certain income from certified diaspora investments, and directs the Treasury to remove regulatory barriers for diaspora-owned and fintech-driven remittance providers.
Values analysis
Sign in and take the values quiz to get a personalized read on how this bill lines up with your positions.
How your representatives voted
Sign in to see how your representatives voted on this bill.