H.R. 4111 · 117th Congress
Sovereign Debt Contract Capacity Act
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1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Jun 23, 2021
- House Passed Oct 25, 2021 391–29
This bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund to advocate for the fund to promote international standards and best practices with respect to sovereign debt contracts and to provide technical assistance to fund members.
What it does: CRS summary · Passed House · Oct 25, 2021
Sovereign Debt Contract Capacity Act
This bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund to advocate for the fund to promote international standards and best practices with respect to sovereign debt contracts and to provide technical assistance to fund members. Such assistance should focus on lower middle-income countries in order to enhance their capacity to evaluate the legal and financial terms of sovereign debt contracts with private sector creditors.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: Sovereign Debt Contract Capacity Act
Latest action (Oct 26, 2021): Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Policy area: International Affairs · Origin: House · Introduced: Jun 23, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced Jun 23, 2021
- House Passed Oct 25, 2021 391–29
Final vote · House · Oct 25, 2021
Passage (two-thirds required) — Passed. Vote details
Speaker of the House: Nancy Pelosi