; and (B) voting against or taking action to prevent a quorum for all votes related to— (i) any project, financing, loan, or grant for which the in-depth review required in subparagraph (A) determines presents risks to United States national interests; and (ii) any project, financing, loan, or grant that would include the participation of PRC trust funds created with the IDB. (3) Beginning 180 days after date of the enactment of this Act, if the Secretary has failed to submit the report required by section 2, vote against, or take action to prevent a quorum for all votes related to, IDB budgets until the IDB takes available steps to provide the Secretary with the information required for the Secretary to prepare and submit the report. (4) Vote against, or withhold quorum for all votes related to, the issuance, sale, or transfer of additional shares of stock in the IDB to the PRC. (b) Waiver The Secretary may waive the requirements of subsection (a)(3) on a case-by-case basis if the Secretary certifies and reports to the appropriate congressional committees before the waiver is exercised that the waiver would serve a national interest of the United States or address basic human needs. 4. Definitions In this Act: (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 of the House of Representatives. (2) Executive Director The term Executive Director means the United States Executive Director at the IDB. (3) IDB The term IDB means all of the current and former institutions in the IDB Group, including the Inter-American Development Bank, IDB Invest, IDB lab, and any related predecessor entities. (4) PRC The term PRC — (A) means the People’s Republic of China