United States · Bill · HR
H.R. 5299 (111th)
European Bailout Protection Act
Introduced
13 May 2010
Last action
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Status
Referred to the House Committee on Financial Services.
Sponsors
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Subjects
Discovery layer
Source updated
14 August 2025
Summary
European Bailout Protection Act - Amends the Bretton Woods Agreements Act to: (1) prohibit U.S. loans to the International Monetary Fund (IMF) for assistance to any European Union (EU) member state until the ratio of the total outstanding public debt of each member state to its gross domestic product (as of the end of the most recent fiscal year of the member state ending in the preceding calendar year) is not more than 60%; and (2) direct the Secretary of the Treasury to oppose any IMF loans to member states until all member states are in compliance with such debt ratio.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 13 May 2010
Introduced in House (PDF)
Introduced in House · EN · 13 May 2010
Introduced in House
summary · EN · 13 May 2010
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/111th-congress/house-bill/5299
- Open data entity: https://api.congress.gov/v3/bill/111/hr/5299