No Dollars for Dictators Act of 2021

Summary

No Dollars for Dictators Act of 2021 This bill imposes additional restrictions on the U.S. government's authority to vote on Special Drawing Rights (SDR) allocations at the International Monetary Fund (IMF). (The SDR is an international reserve asset maintained by the IMF based on contributions from IMF member countries. SDRs may be exchanged between member countries and may also be exchanged for currencies.) Specifically, U.S. representatives to the IMF may not vote for SDR allocations to a country if the President finds that the country's government has (1) committed genocide in the last 10 years, or (2) repeatedly supported international terrorism.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 17 June 2021

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 17 June 2021

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• Introduced in Senate

  summary · EN · 17 June 2021

  Open at official source

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