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S 1276 112th Congress Senate Foreign Trade and International Finance Appropriations Budget deficits and national debt Foreign loans and debt Multilateral development programs

A bill to repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States quota to the Fund, and certain other related authorities, to rescind…

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A bill to repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States quota to the Fund, and certain other related authorities, to rescind related appropriated amounts, and for other purposes.

Introduced: June 23, 2011 See on congress.gov
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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
Jun 27, 2011
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 85.
Jun 23, 2011
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Jun 23, 2011
Introduced in Senate
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 Plain-English summary Congressional Research Service

Amends the Bretton Woods Agreements Act to repeal authority to: (1) provide certain loans to the International Monetary Fund (IMF), including loans related to the New Arrangements to Borrow (NAB); (2) increase the U.S. quota in the IMF; and (3) approve the sale of IMF gold.

Rescinds related appropriations.

What's happening now June 27, 2011

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 85.

 Related & companion bills 2
  • HR 2313 Related bill To repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States …
  • S 1975 Related bill No More IMF Bailouts Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Cosponsors 4
All 4 Republican 4
R
Lee, Mike
Utah · Jun 28, 2011
 R
Cornyn, John
Texas · Jun 23, 2011
 R
Crapo, Mike
Idaho · Jun 23, 2011
 R
Risch, James E.
Idaho · Jun 23, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1276: A bill to repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States quota to the Fund, and certain other related authorities, to rescind related appropriated amounts, and for other purposes.. 112th Congress. Open America. https://openamerica.io/bill/112-S-1276/
MLA
"S. 1276: A bill to repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States quota to the Fund, and certain other related authorities, to rescind related appropriated amounts, and for other purposes.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-1276/.
Bluebook (legal)
S. 1276, 112th Cong. (2026), https://openamerica.io/bill/112-S-1276/.
Markdown link
[S. 1276: A bill to repeal the authority to provide certain loans to the International Monetary Fund, the increase in the United States quota to the Fund, and certain other related authorities, to rescind related appropriated amounts, and for other purposes.](https://openamerica.io/bill/112-S-1276/)
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