H.R. 6633 · 115th Congress
Turkey International Financial Institutions Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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WalkerSponsor29 cosponsors · 29 R
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Aderholt
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Abraham
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Arrington
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Brat
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Budd
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Davidson
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Fleischmann
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Gibbs
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Hartzler
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Hultgren
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Hudson
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Hice
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Johnson
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King
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Meadows
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Norman
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Pittenger
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Ratcliffe
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Weber
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Yoho
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Burgess
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Gohmert
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McCaul
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Posey
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Wagner
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Brooks
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Poe
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Perry
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Palmer20 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Treasury may waive the IFC restriction for projects to diversify Turkey's energy resources and lessen its dependence on Russian or Iranian oil or gas.
What it does: CRS summary · Introduced in House · Jul 26, 2018
Turkey International Financial Institutions Act
This bill requires the Department of the Treasury to:
- oppose the extension by the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development of loans or financial or technical assistance to Turkey or to any entity for a project in Turkey, and
- work with other donor countries to develop a lending policy with Turkey that advances human rights.
Treasury may waive the IFC restriction for projects to diversify Turkey's energy resources and lessen its dependence on Russian or Iranian oil or gas.
Such restrictions:
- shall terminate after the President certifies to Congress that Turkey is no longer arbitrarily detaining or denying freedom of movement to U.S. citizens (including dual citizens) or locally employed staff of the U.S. mission to Turkey, and
- shall not apply to loans or financial or technical assistance for humanitarian purposes.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Turkey International Financial Institutions Act
Latest action (Jul 26, 2018): Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Policy area: International Affairs · Origin: House · Introduced: Jul 26, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.