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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
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Plain-English summary Congressional Research Service

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 February 20, 1998

Referred to the Subcommittee on Domestic and International Monetary Policy.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 3106: Accountability for International Bailouts Act of 1998. 105th Congress. Open America. https://openamerica.io/bill/105-HR-3106/
MLA
"H.R. 3106: Accountability for International Bailouts Act of 1998." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-3106/.
Bluebook (legal)
H.R. 3106, 105th Cong. (2026), https://openamerica.io/bill/105-HR-3106/.
Markdown link
[H.R. 3106: Accountability for International Bailouts Act of 1998](https://openamerica.io/bill/105-HR-3106/)
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