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HR 1573 115th Congress House

IMF Reform and Integrity Act

Official title: To oppose International Monetary Fund participation in foreign-led agreements, reduce moral hazard, and for other purposes.

Introduced: March 16, 2017 Introduced by: Huizenga, Bill Republican · Michigan See on congress.gov
International Affairs Budget deficits and national debtCongressional oversightForeign loans and debtInternational monetary system and foreign exchange
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International organizations and cooperationMultilateral development programs
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 16, 2017
Referred to the House Committee on Financial Services.
Mar 16, 2017
Introduced in House
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 Latest action March 16, 2017

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

IMF Reform and Integrity Act

This bill amends the Bretton Woods Agreements Act to direct the United States to oppose:

  • International Monetary Fund (IMF) financing in conjunction with financing by a multilateral organization of which the United States is not a member if such organization's financing would exceed the IMF's financing or the debtor's IMF obligation is not made explicitly senior to the debtor's obligation to the multilateral organization;
  • any proposal to make additional resources available to the IMF or to increase the quota of any IMF member who is a member of a multilateral organization of which the United States is not a member if, during the previous 24 months, either the IMF has approved or disbursed financing in conjunction with financing provided by such multilateral organization or an obligation to the IMF from such approval or disbursement has not been fully repaid;
  • any proposed IMF loan to a country about which an IMF staff analytical report finds no high probability that the country's public debt is sustainable in the medium term (currently, only if the proposed loan is not likely to be repaid in full); and
  • any proposal that would alter IMF criteria for exceptional access lending such that an ineligible country would become eligible for such lending, unless the Department of the Treasury has submitted a justification for such proposal, including its effects on repayment risk.

The bill cancels and rescinds certain deactivated IMF funds.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 1573: IMF Reform and Integrity Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-1573/
MLA
"H.R. 1573: IMF Reform and Integrity Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-1573/.
Bluebook (legal)
H.R. 1573, 115th Cong. (2026), https://openamerica.io/bill/115-HR-1573/.
Markdown link
[H.R. 1573: IMF Reform and Integrity Act](https://openamerica.io/bill/115-HR-1573/)
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