International Monetary Stability Act of 2000

Summary

International Monetary Stability Act of 2000 - Authorizes the Secretary of the Treasury to certify a country as officially dollarized (when a country substantially or totally eliminates its domestic currency and adopts the U.S. dollar as legal tender), after consideration of whether the country has taken specified actions with respect to its currency. Directs the Secretary, upon certification of a country, to pay to such country, every three months, an amount equal to a specified formula. Prohibits the previously dollarized Republic of the Marshall Islands, the Federated States of Micronesia, the Republic of Palau, Panama, East Timor, the Turks and Caicos Islands, and the British Virgin Islands from being certified as officially dollarized or issued payments until specified conditions are met.

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Documents

6 official files

• Reported to Senate (text)

  Reported to Senate · EN · 24 July 2000

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• Reported to Senate (PDF)

  Reported to Senate · EN · 24 July 2000

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• Reported to Senate with amendment(s)

  summary · EN · 24 July 2000

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• Introduced in Senate (text)

  Introduced in Senate · EN · 24 February 2000

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 24 February 2000

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• Introduced in Senate

  summary · EN · 24 February 2000

  Open at official source

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