A bill to temporarily prohibit the United States loans to the International Monetary Fund to be used to provide financing for any member state of the European Union, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

18 May 2010

Last action

18 May 2010 · Introduced

Status

Read twice and referred to the Committee on Foreign Relations.

Summary

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 instruct the U.S. Executive Director of the IMF to use the voice and vote of the United States to oppose any IMF loans to member states until all member states are in compliance with such debt ratio.

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

Timeline

18 May 2010
Introduced
Read twice and referred to the Committee on Foreign Relations.
Source: IntroReferral
18 May 2010
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 18 May 2010 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 18 May 2010
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Introduced in Senate (PDF)
Introduced in Senate · EN · 18 May 2010
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Introduced in Senate
summary · EN · 18 May 2010
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to → European Bailout Protection Act

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/111th-congress/senate-bill/3383
Open data entity: https://api.congress.gov/v3/bill/111/s/3383
us · 111-s-3383 · source updated 14 January 2025