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United States · Bill · S

S. 1979 (105th)

IMF Transparency and Efficiency Act of 1998

referredUnited States· United States Congress· EN

Introduced

23 April 1998

Last action

Status

Read twice and referred to the Committee on Foreign Relations.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

IMF Transparency and Efficiency Act of 1998 - Amends the International Financial Institutions Act to prohibit any U.S. officer, employee, or agent from providing, directly or indirectly, Federal funds to, or for the benefit of, the International Monetary Fund (IMF) unless: (1) the Secretary of the Treasury certifies to specified congressional committees that the IMF has met certain informational and loan rate requirements, and has established an independent advisory board to review its research, operations, and loan programs; and (2) the Congress has enacted a joint resolution approving the certification.

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Documents

3 official files

Introduced in Senate (text)

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