Bill Sponsor
House Bill 4111
117th Congress(2021-2022)
Sovereign Debt Contract Capacity Act
Active
Active
Passed House on Oct 25, 2021
Overview
Text
Introduced
Jun 23, 2021
Latest Action
Oct 26, 2021
Origin Chamber
House
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
4111
Congress
117
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
Democrat
California
Republican
North Carolina
House Votes (1)
Senate Votes (0)
checkPassed on October 25, 2021
Question
On Motion to Suspend the Rules and Pass
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
2/3 Yea-And-Nay
Roll Number
332
House Roll Call Votes
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.

Text (3)
October 26, 2021
October 25, 2021
June 23, 2021
Actions (11)
10/26/2021
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
10/25/2021
Motion to reconsider laid on the table Agreed to without objection.
10/25/2021
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)
10/25/2021
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)
10/25/2021
Considered as unfinished business. (consideration: CR H5854)
10/25/2021
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.
10/25/2021
DEBATE - The House proceeded with forty minutes of debate on H.R. 4111.
10/25/2021
Considered under suspension of the rules. (consideration: CR H5838-5840)
10/25/2021
Ms. Waters moved to suspend the rules and pass the bill.
06/23/2021
Referred to the House Committee on Financial Services.
06/23/2021
Introduced in House
Public Record
Record Updated
Mar 8, 2023 7:58:39 PM