HR 2731
104th Congress
House
International Affairs
Debt relief
Foreign Trade and International Finance
International agencies
International monetary system
Multilateral development banks
To require the United States to oppose and vote against any proposal to create any financing mechanism designed to prevent or resolve the insolvency of sovereign nations.
Introduced: December 6, 1995
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 15, 1995
Referred to the Subcommittee on Domestic and International Monetary Policy.
Dec 6, 1995
Referred to the House Committee on Banking and Financial Services.
Dec 6, 1995
Introduced in House
Plain-English summary
Amends the International Financial Institutions Act to direct the Secretary of the Treasury to instruct the U.S. Executive Director of each international financial institution to use the voice and vote of the United States to oppose the creation of any financing mechanism (international bailout fund) designed to prevent or resolve the insolvency of sovereign nations.
What's happening now
Referred to the Subcommittee on Domestic and International Monetary Policy.
Committees of jurisdiction
2
Cosponsors
1