; and (2) to end lending and assistance to countries that exceed the graduation discussion income of the bank. (d) Report required Not later than one year after the date of the enactment of this Act, and annually thereafter, the Secretary of the Treasury shall submit to the appropriate congressional committees a report that includes— (1) an assessment of the status of borrowing by the People’s Republic of China from each multilateral development bank; (2) a description of voting power, shares, and representation by the People’s Republic of China at each such bank; (3) a list of countries that have exceeded the graduation discussion income at each such bank; (4) a list of countries that have graduated from eligibility for assistance from each such bank; and (5) a full description of the efforts taken by the United States to graduate countries from such eligibility once they exceed the graduation discussion income at each such bank. (e) Definitions In this section: (1) Appropriate congressional committees The term appropriate congressional committees means— (A) the Committee on Foreign Relations of the Senate; and (B) the Committee on Financial Services and the Committee on Foreign Affairs of the House of Representatives. (2) Multilateral development banks The term multilateral development banks has the meaning given that term in section 1701(c) of the International Financial Institutions Act ( 22 U.S.C. 262r(c) ).