US Congress Senate Bill 3017 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on December 11 2019 - 25% progression, died in committee
Action: 2019-12-11 - Read twice and referred to the Committee on Foreign Relations.
Pending: Senate Foreign Relations Committee
Text: Latest bill text (Introduced) [PDF]

Directs the U.S. Governor for the International Bank for Reconstruction and Development (IBRD) to instruct U.S. representatives to the IBRD that it is U.S. policy to seek China's graduation from IBRD assistance programs. (The IBRD is the World Bank's primary financing institution for middle-income countries. The World Bank's definition of middle-income country is based on a country's gross national income per capita.) The governor shall report to Congress on U.S. efforts to secure China's graduation from IBRD assistance programs. The Department of the Treasury shall report to Congress on debt transparency and debt management assistance efforts in relation to credit provided by China to other countries, including through China's Belt and Road Initiative.

Accountability for World Bank Loans to China Act of 2019

Sen. Chuck Grassley [R-IA]

Sen. Tom Cotton [R-AR]

Sen. Rick Scott [R-FL]

Date	Chamber	Action
2019-12-11	Senate	Read twice and referred to the Committee on Foreign Relations.

HB5051 (Related) 2019-11-12 - Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/3017/all-info
Text	https://www.congress.gov/116/bills/s3017/BILLS-116s3017is.pdf