United States · Resolution · HRES
H.Res. 507 (112th)
Expressing the sense of the House of Representatives regarding the Government of Antigua and Barbuda and its actions relating to the Stanford Financial Group fraud.
Introduced
20 December 2011
Last action
13 February 2012 · Referred
Status
Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.
Sponsors
Rep. Coffman, Mike [R-CO-6], Rep. Smith, Lamar [R-TX-21], Rep. Bonner, Jo [R-AL-1], Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Duncan, John J., Jr. [R-TN-2], Sen. Cassidy, Bill [R-LA], Rep. Boustany, Charles W., Jr. [R-LA-3], Rep. Harper, Gregg [R-MS-3], Rep. Culberson, John Abney [R-TX-7], Rep. Sessions, Pete [R-TX-17], Rep. Cohen, Steve [D-TN-9], Rep. Buchanan, Vern [R-FL-16], Rep. Granger, Kay [R-TX-12], Rep. Poe, Ted [R-TX-2], Rep. Marchant, Kenny [R-TX-24], Rep. McCaul, Michael T. [R-TX-10], Rep. Griffin, Tim [R-AR-2], Rep. Ross, Mike [D-AR-4], Rep. Nunnelee, Alan [R-MS-1], Rep. Flores, Bill [R-TX-17], Rep. Myrick, Sue Wilkins [R-NC-9]
Subjects
Discovery layer
Source updated
12 December 2025
Summary
Expresses the sense of the House of Representatives that all further assistance provided by the United States to Antigua and Barbuda should be suspended until Antigua and Barbuda provide complete redress of specified issues regarding an investigation of the Stanford Financial Group fraud. Includes among such redress: (1) an agreement by of Antigua and Barbuda to be subject to the jurisdiction and bound by the judgment of any U.S. court that adjudicates the claims relating to the Stanford Financial Group fraud; (2) the transfer of the assets seized by Antigua and Barbuda, or obtained by the joint liquidators of Stanford International Bank, to the U.S. district court-appointed receiver for the benefit of victims of the fraud; (3) a specified contribution by Antigua and Barbuda to the U.S. receivership estate for the benefit of victims of the fraud; (4) fulfillment by Antigua and Barbuda of their obligations relating to the expropriation of the Half Moon Bay Resort; and (5) an agreement by Antigua and Barbuda to neither interfere with the receivership commenced by the United States, nor seek control of assets claimed by the United States. Expresses the sense of the House that the Secretary of the Treasury should direct the U.S. Executive Directors of the International Bank for Reconstruction and Development and the International Development Association (World Bank) and the International Monetary Fund (IMF) to use the voice and vote of the United States to ensure that any future loan made by the World Bank or the IMF to Antigua and Barbuda is conditioned upon providing complete redress of these matters, and satisfaction of this resolution.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
20 December 2011
Introduced
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
20 December 2011
Introduced
Sponsor introductory remarks on measure. (CR E2330)
Source: IntroReferral
20 December 2011
Introduced
Introduced in House
Source: IntroReferral
20 December 2011
Introduced
Introduced in House
Source: IntroReferral
12 January 2012
Referred
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Source: Committee
13 February 2012
Referred
Referred to the Subcommittee on the Western Hemisphere.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 20 December 2011 · Download file
Documents
3 official files
Introduced in House (text)
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Leesvertaling
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Introduced in House (text)
Introduced in House · EN · 20 December 2011
Introduced in House (PDF)
Introduced in House · EN · 20 December 2011
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Introduced in House
summary · EN · 20 December 2011
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Coffman, Mike [R-CO-6] · R · Sponsor
- Rep. Smith, Lamar [R-TX-21] · R · Sponsor
- Rep. Bonner, Jo [R-AL-1] · R · Sponsor
- Rep. Luetkemeyer, Blaine [R-MO-3] · R · Sponsor
- Rep. Duncan, John J., Jr. [R-TN-2] · R · Sponsor
- Sen. Cassidy, Bill [R-LA] · R · Sponsor
- Rep. Boustany, Charles W., Jr. [R-LA-3] · R · Sponsor
- Rep. Harper, Gregg [R-MS-3] · R · Sponsor
- Rep. Culberson, John Abney [R-TX-7] · R · Sponsor
- Rep. Sessions, Pete [R-TX-17] · R · Sponsor
- Rep. Cohen, Steve [D-TN-9] · D · Cosponsor
- Rep. Buchanan, Vern [R-FL-16] · R · Cosponsor
- Rep. Granger, Kay [R-TX-12] · R · Cosponsor
- Rep. Poe, Ted [R-TX-2] · R · Cosponsor
- Rep. Marchant, Kenny [R-TX-24] · R · Cosponsor
- Rep. McCaul, Michael T. [R-TX-10] · R · Cosponsor
- Rep. Griffin, Tim [R-AR-2] · R · Cosponsor
- Rep. Ross, Mike [D-AR-4] · D · Cosponsor
- Rep. Nunnelee, Alan [R-MS-1] · R · Cosponsor
- Rep. Flores, Bill [R-TX-17] · R · Cosponsor
- Rep. Myrick, Sue Wilkins [R-NC-9] · R · Cosponsor
- · hsfa00 · Standing
- · hsba00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/112th-congress/house-resolution/507
- Open data entity: https://api.congress.gov/v3/bill/112/hres/507
- us · 112-hres-507 · source updated 12 December 2025