HR 4111
117th Congress
House
International Affairs
Budget deficits and national debt
Congressional oversight
Foreign aid and international relief
Foreign loans and debt
International monetary system and foreign exchange
Sovereign Debt Contract Capacity Act
Everywhere this bill has been
11 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 26, 2021
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Oct 25, 2021
Motion to reconsider laid on the table Agreed to without objection.
Oct 25, 2021
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 391 - 29 (Roll no. 332). (text: CR H5838-5839)
Oct 25, 2021
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 391 - 29 (Roll no. 332).(text: CR H5838-5839)
Oct 25, 2021
Considered as unfinished business. (consideration: CR H5854)
Oct 25, 2021
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Oct 25, 2021
DEBATE - The House proceeded with forty minutes of debate on H.R. 4111.
Oct 25, 2021
Considered under suspension of the rules. (consideration: CR H5838-5840)
Oct 25, 2021
Ms. Waters moved to suspend the rules and pass the bill.
Jun 23, 2021
Referred to the House Committee on Financial Services.
Jun 23, 2021
Introduced in House
Votes taken on this bill
1
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Oct 25, 2021 | House · vote #332 | On Motion to Suspend the Rules and Pass | Passed | 391–29 | See who voted → |
Plain-English summary
Sovereign Debt Contract Capacity Act
This bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund to advocate for the fund to promote international standards and best practices with respect to sovereign debt contracts and to provide technical assistance to fund members. Such assistance should focus on lower middle-income countries in order to enhance their capacity to evaluate the legal and financial terms of sovereign debt contracts with private sector creditors.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Committees of jurisdiction
2