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H.Res. 586 · 112th Congress

Expressing the concern of Congress regarding the Argentine Republic's willful and repeated disregard for the…

Full title

Expressing the concern of Congress regarding the Argentine Republic's willful and repeated disregard for the rule of law in the United States.

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

Declares that: (1) Argentina's refusal to honor U.S. court and arbitral award judgments threatens the economic well-being of the United States and undermines court integrity and efficacy, and (2) Argentina should honor its obligations to U.S. investors.

What it does: CRS summary · Introduced in House · Mar 16, 2012

Declares that: (1) Argentina's refusal to honor U.S. court and arbitral award judgments threatens the economic well-being of the United States and undermines court integrity and efficacy, and (2) Argentina should honor its obligations to U.S. investors.

Declares that the United States should: (1) work with International Monetary Fund (IMF) member states to restrict Argentina's access to IMF benefits until Argentina has complied with its obligations, and (2) oppose further loans to Argentina by the World Bank and the Inter-American Development Bank and encourage other countries to do the same.

Declares that Argentina's behavior is not befitting a member of The Group of Twenty Finance Ministers and Central Bank Governors (G-20) and that the United States should work with other G-20 members to re-evaluate Argentina's G-20 membership.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Expressing the concern of Congress regarding the Argentine Republic's willful and repeated disregard for the rule of law in the United States.

Latest action (May 7, 2012): Referred to the Subcommittee on the Western Hemisphere.

Policy area: Foreign Trade and International Finance · Origin: House · Introduced: Mar 16, 2012

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.