HR 6633 115th Congress House International Affairs Asia Congressional oversight Detention of persons Diplomacy, foreign officials, Americans abroad Energy storage, supplies, demand Europe Foreign loans and debt Human rights International organizations and cooperation Iran Middle East Multilateral development programs Oil and gas Russia Travel and tourism Turkey

Turkey International Financial Institutions Act

Introduced: July 26, 2018 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 26, 2018

Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Jul 26, 2018

Introduced in House

Plain-English summary Congressional Research Service

Turkey International Financial Institutions Act

This bill requires the Department of the Treasury to:

oppose the extension by the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development of loans or financial or technical assistance to Turkey or to any entity for a project in Turkey, and
work with other donor countries to develop a lending policy with Turkey that advances human rights.

Treasury may waive the IFC restriction for projects to diversify Turkey's energy resources and lessen its dependence on Russian or Iranian oil or gas.

Such restrictions:

shall terminate after the President certifies to Congress that Turkey is no longer arbitrarily detaining or denying freedom of movement to U.S. citizens (including dual citizens) or locally employed staff of the U.S. mission to Turkey, and
shall not apply to loans or financial or technical assistance for humanitarian purposes.

What's happening now July 26, 2018

Committees of jurisdiction 2