Save Our Shrimpers Act

Summary

Save Our Shrimpers Act This bill prohibits federal funds from being made available to international financial institutions (e.g., the International Monetary Fund) for financing activities related to foreign shrimp farms. The bill also requires an annual report on compliance by U.S. leadership of international financial institutions with policies to oppose financing for certain commodities or minerals. Specifically, the bill requires the Department of the Treasury to condition any provision of federal funds to an international financial institution on the requirement that the funds not be used to finance any activity related to shrimp farming, shrimp processing, or the export of shrimp in any foreign country. Under current law, Treasury must instruct U.S. leadership of international financial institutions to oppose providing financial assistance for the production or extraction of any commodity or mineral for export if (1) the commodity or mineral is in surplus on world markets, and (2) the export of such commodity or mineral will cause substantial injury to U.S. producers of a competing commodity or mineral (or of the same or a similar commodity or mineral). This bill requires the Government Accountability Office to investigate and annually report to Congress on the extent to which U.S. leadership at these institutions have carried out Treasury's instructions.

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

Timeline

1. 10 April 2024

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 10 April 2024

   Introduced

   Introduced in House

   Source: IntroReferral

3. 10 April 2024

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 10 April 2024 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 10 April 2024

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 10 April 2024

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 10 April 2024

  Open at official source

Sponsors

• Troy Nehls · R · Sponsor
• Clay Higgins · R · Sponsor
• Vicente Gonzalez · D · Sponsor
• Garret Graves · R · Sponsor
• Mike Ezell · R · Sponsor
• Barry Moore · R · Sponsor
• Nancy Mace · R · Sponsor
• Byron Donalds · R · Sponsor
• Rep. Weber, Randy K. Sr. [R-TX-14] · R · Sponsor
• Brian Babin · R · Sponsor
• Russell Fry · R · Sponsor
• Anna Paulina Luna · R · Sponsor
• Julia Letlow · R · Sponsor
• Rep. Bilirakis, Gus M. [R-FL-12] · R · Sponsor
• David Rouzer · R · Cosponsor
• Rep. Cloud, Michael [R-TX-27] · R · Cosponsor
• Gregory Murphy · R · Cosponsor
• Bill Posey · R · Cosponsor
• Jerry Carl · R · Cosponsor
• Rep. Rutherford, John H. [R-FL-5] · R · Cosponsor
• Rep. Carter, Earl L. "Buddy" [R-GA-1] · R · Cosponsor
• Derrick Van Orden · R · Cosponsor
• Blaine Luetkemeyer · R · Cosponsor
• Rep. Carter, Troy A. [D-LA-2] · D · Cosponsor
• · hsba00 · Standing

Related records

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