HR 3106
105th Congress
House
Foreign Trade and International Finance
Congress
Congress and foreign policy
Congressional oversight
Currency devaluation
Economic stabilization
Economics and Public Finance
Federally-guaranteed loans
Foreign exchange
Foreign loans
International Affairs
International monetary system
Special drawing rights
Accountability for International Bailouts Act of 1998
Introduced: January 27, 1998
Introduced by:
Sanders, Bernard
Independent
· Vermont
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 20, 1998
Referred to the Subcommittee on Domestic and International Monetary Policy.
Jan 27, 1998
Referred to the House Committee on Banking and Financial Services.
Jan 27, 1998
Introduced in House
Plain-English summary
Accountability for International Bailouts Act of 1998 - Amends Federal law governing the Department of the Treasury stabilization fund to mandate congressional approval as a prerequisite to any action to incur an obligation or make a guarantee through such fund in excess of $250 million for the purpose of engaging in a coordinated international rescue plan for any foreign entity or foreign government.
What's happening now
Referred to the Subcommittee on Domestic and International Monetary Policy.
Committees of jurisdiction
2