Bill Sponsor
Senate Bill 3017
116th Congress(2019-2020)
Accountability for World Bank Loans to China Act of 2019
Introduced
Introduced
Introduced in Senate on Dec 11, 2019
Overview
Text
Introduced
Dec 11, 2019
Latest Action
Dec 11, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3017
Congress
116
Policy Area
International Affairs
International Affairs
Primary focus of measure is matters affecting foreign aid, human rights, international law and organizations; national governance; arms control; diplomacy and foreign officials; alliances and collective security. Measures concerning trade agreements, tariffs, foreign investments, and foreign loans may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Republican
Arkansas
Republican
Florida
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Accountability for World Bank Loans to China Act of 2019

This bill directs the U.S. Governor for the International Bank for Reconstruction and Development (IBRD) to instruct U.S. representatives to the IBRD that it is U.S. policy to seek China's graduation from IBRD assistance programs. (The IBRD is the World Bank's primary financing institution for middle-income countries. The World Bank's definition of middle-income country is based on a country's gross national income per capita.)

The governor shall report to Congress on U.S. efforts to secure China's graduation from IBRD assistance programs. The Department of the Treasury shall report to Congress on debt transparency and debt management assistance efforts in relation to credit provided by China to other countries, including through China's Belt and Road Initiative.

Text (1)
December 11, 2019
Actions (2)
12/11/2019
Read twice and referred to the Committee on Foreign Relations.
12/11/2019
Introduced in Senate
Public Record
Record Updated
Oct 28, 2022 1:45:59 AM