H.R. 6340 · 117th Congress
To establish the United States policy on Burma at the International Monetary Fund, the World Bank Group, and…
Full title
To establish the United States policy on Burma at the International Monetary Fund, the World Bank Group, and the Asian Development Bank, and for other purposes.
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
This bill establishes a U.S. policy to oppose certain financial assistance to Burma (Myanmar) and addresses related issues.
What it does: CRS summary · Introduced in House · Dec 20, 2021
This bill establishes a U.S. policy to oppose certain financial assistance to Burma (Myanmar) and addresses related issues.
Specifically, the Department of the Treasury must instruct U.S. representatives to the International Monetary Fund, the World Bank Group, and the Asian Development Bank to inform the respective institution that it is U.S. policy to oppose and vote against any loan or financial assistance to Burma through the State Administration Council or any successor entity controlled by Burma's military. This policy shall not apply to humanitarian assistance implemented by an entity not controlled by Burma's military.
The President may waive this policy on a case-by-case basis upon certifying that doing so would substantially promote delivering humanitarian assistance to Burma's civilian population or otherwise support U.S. national interests.
This policy shall be repealed upon the earlier of (1) the President certifying that certain events have occurred, including Burma's military releasing all political prisoners and the instatement of an elected government following free and fair elections; or (2) 10 years after this bill's enactment.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To establish the United States policy on Burma at the International Monetary Fund, the World Bank Group, and the Asian Development Bank, and for other purposes.
Latest action (Dec 20, 2021): Referred to the House Committee on Financial Services.
Policy area: International Affairs · Origin: House · Introduced: Dec 20, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.