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HR 2338 108th Congress House Foreign Trade and International Finance Collection of accounts Debtor and creditor Development credit institutions Foreign loans International Affairs International monetary system Iraq Iraq compilation Loan defaults Middle East and North Africa

To prevent loans for Iraq from the International Monetary Fund or the International Bank for Reconstruction and Development from being used to pay off Iraq's creditors.

Introduced: June 4, 2003 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 17, 2003
Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Jun 4, 2003
Referred to the House Committee on Financial Services.
Jun 4, 2003
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Bretton Woods Agreements Act to require the Secretary of the Treasury to instruct the Executive Director of the International Monetary Fund and the Executive Director of the International Bank for Reconstruction and Development to oppose any loans by the Fund or the Bank to the Government of Iraq unless the Secretary determines that there are sufficient safeguards to prevent loan proceeds from being used to reimburse any government or individual for losses arising from credit extended to the Government of Iraq.

What's happening now June 17, 2003

Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

 Committees of jurisdiction 2