H.R. 4836 · 114th Congress
To require the United States to oppose the provision by the International Monetary Fund of a loan to a…
Full title
To require the United States to oppose the provision by the International Monetary Fund of a loan to a country whose public debt is not likely to be sustainable in the medium term, and for other purposes.
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HuizengaSponsorNo cosponsors.
This bill amends the Bretton Woods Agreements Act to direct the Treasury to instruct the U.S.
What it does: CRS summary · Introduced in House · Mar 22, 2016
This bill amends the Bretton Woods Agreements Act to direct the Treasury to instruct the U.S. Executive Director at the International Monetary Fund (IMF) to oppose any proposed IMF loan to a country about which an IMF staff analytical report finds no high probability that the country's public debt is sustainable in the medium term (currently, only if the proposed loan is not likely to be repaid in full).
The President may waive this requirement for purposes of U.S. national security interests.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To require the United States to oppose the provision by the International Monetary Fund of a loan to a country whose public debt is not likely to be sustainable in the medium term, and for other purposes.
Latest action (Mar 22, 2016): Referred to the House Committee on Financial Services.
Policy area: International Affairs · Origin: House · Introduced: Mar 22, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.