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United States · Bill · HR

H.R. 2634 (110th)

Jubilee Act for Responsible Lending and Expanded Debt Cancellation of 2008

referredUnited States· United States Congress· EN

Introduced

7 June 2007

Last action

24 April 2008 · Introduced

Status

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Sponsors

Rep. Waters, Maxine [D-CA-43], Rep. Bachus, Spencer [R-AL-6], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Payne, Donald M. [D-NJ-10], Rep. Lee, Barbara [D-CA-12], Rep. Cleaver, Emanuel [D-MO-5], Rep. Blumenauer, Earl [D-OR-3], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Hastings, Alcee L. [D-FL-20], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Jefferson, William J. [D-LA-2], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Hinchey, Maurice D. [D-NY-22], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Wu, David [D-OR-1], Rep. Johnson, Eddie Bernice [D-TX-30], Rep. Rush, Bobby L. [D-IL-1], Rep. Schakowsky, Janice D. [D-IL-9], Rep. McNulty, Michael R. [D-NY-23], Rep. Rangel, Charles B. [D-NY-15], Rep. Carson, Julia [D-IN-7], Rep. Moran, James P. [D-VA-8], Rep. McGovern, James P. [D-MA-2], Rep. Brown, Corrine [D-FL-5], Rep. Conyers, John, Jr. [D-MI-13], Rep. Davis, Artur [D-AL-7], Rep. Stark, Fortney Pete [D-CA-13], Rep. Capps, Lois [D-CA-24], Del. Christensen, Donna M. [D-VI-At Large], Rep. DeLauro, Rosa L. [D-CT-3], Rep. Filner, Bob [D-CA-51], Rep. Lofgren, Zoe [D-CA-18], Rep. Serrano, Jose E. [D-NY-15], Rep. Lewis, John [D-GA-5], Rep. Moore, Gwen [D-WI-4], Rep. Wexler, Robert [D-FL-19], Rep. Green, Al [D-TX-9], Rep. Jackson, Jesse L., Jr. [D-IL-2], Rep. Miller, George [D-CA-11], Rep. Bishop, Sanford D. [D-GA-2], Rep. Oberstar, James L. [D-MN-8], ROBERT BRADY, Rep. Woolsey, Lynn C. [D-CA-6], Rep. Watt, Melvin L. [D-NC-12], Rep. Fattah, Chaka [D-PA-2], Rep. Kucinich, Dennis J. [D-OH-10], Rep. Doyle, Michael F. [D-PA-14]

Subjects

Environment

Source updated

6 December 2025

Environment

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Summary

Jubilee Act for Responsible Lending and Expanded Debt Cancellation of 2007 - Amends the International Financial Institutions Act to direct the Secretary of the Treasury, within the Paris Club of Official Creditors, the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (World Bank), and other international financial institutions, to: (1) provide for debt cancellation of eligible low-income countries (as defined by this Act) to such institutions and to the United States; (2) provide for establishment of frameworks for creditor transparency and responsible lending; and (3) provide that such debt cancellation is not conditioned on harmful economic or environmental conditions. Directs the Government Accountability Office (GAO) to audit the debt portfolios of previous governments in certain countries, including South Africa and the Democratic Republic of Congo.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 7 June 2007

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 7 June 2007

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 7 June 2007

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  4. 7 June 2007

    Introduced

    Sponsor introductory remarks on measure. (CR E1244-1245)

    Source: IntroReferral

  5. 17 July 2007

    Referred

    Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

    Source: Committee

  6. 8 November 2007

    Committee

    Subcommittee on Domestic and International Monetary Policy, Trade, and Technology Discharged.

    Source: Committee

  7. 8 November 2007

    Committee

    Committee Hearings Held.

    Source: Committee

  8. 3 April 2008

    Reported

    Ordered to be Reported (Amended) by Voice Vote.

    Source: Committee

  9. 3 April 2008

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  10. 10 April 2008

    Calendars

    Placed on the Union Calendar, Calendar No. 354.

    Source: Calendars

  11. 10 April 2008

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 110-575.

    Source: Committee

  12. 10 April 2008

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 110-575.

    Source: Committee

  13. 14 April 2008

    Reported

    Rules Committee Resolution H. Res. 1103 Reported to House. Rule provides for consideration of H.R. 2634 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.

    Source: Floor

  14. 16 April 2008

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  15. 16 April 2008

    Vote

    On passage Passed by recorded vote: 285 - 132 (Roll no. 199).

    Source: Floor

  16. 16 April 2008

    Vote

    Passed/agreed to in House: On passage Passed by recorded vote: 285 - 132 (Roll no. 199).

    Source: Floor

  17. 16 April 2008

    Vote

    On motion to recommit with instructions Agreed to by the Yeas and Nays: 291 - 130, 1 Present (Roll no. 198).

    Source: Floor

  18. 16 April 2008

    Floor

    The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H2392)

    Source: Floor

  19. 16 April 2008

    Floor

    Mr. Diaz-Balart, M. moved to recommit with instructions to Financial Services. (consideration: CR H2391-2393; text: CR H2391)

    Source: Floor

  20. 16 April 2008

    Passed

    The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. (text: CR H2385-2387)

    Source: Floor

  21. 16 April 2008

    Floor

    The previous question was ordered pursuant to the rule. (consideration: CR H2391)

    Source: Floor

  22. 16 April 2008

    Floor

    The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2634.

    Source: Floor

  23. 16 April 2008

    Floor

    The Speaker designated the Honorable Ed Pastor to act as Chairman of the Committee.

    Source: Floor

  24. 16 April 2008

    Floor

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 1103 and Rule XVIII.

    Source: Floor

  25. 16 April 2008

    Floor

    Rule provides for consideration of H.R. 2634 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.

    Source: Floor

  26. 16 April 2008

    Floor

    Considered under the provisions of rule H. Res. 1103. (consideration: CR H2376-2394)

    Source: Floor

  27. 16 April 2008

    Passed

    Rule H. Res. 1103 passed House.

    Source: Floor

  28. 23 April 2008

    Passed

    CLERK TO CORRECT AUTHORITY - Mr. Bachus asked unanimous consent that in the engrossment of H.R. 2634, the Clerk be directed to execute the second instruction in the amendment conveyed by the motion to recommit as though it read "all that follows on that line" rather than "all that follows". Agreed to without objection.

    Source: Floor

  29. 24 April 2008

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

11 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN · 24 April 2008

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 24 April 2008

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  • Engrossed in House (text)

    Engrossed in House · EN · 16 April 2008

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 16 April 2008

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  • Passed House amended

    summary · EN · 16 April 2008

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  • Reported in House (text)

    Reported in House · EN · 10 April 2008

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  • Reported in House (PDF)

    Reported in House · EN · 10 April 2008

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  • Reported to House with amendment(s)

    summary · EN · 10 April 2008

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  • Introduced in House (text)

    Introduced in House · EN · 7 June 2007

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  • Introduced in House (PDF)

    Introduced in House · EN · 7 June 2007

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  • Introduced in House

    summary · EN · 7 June 2007

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