Special Drawing Rights Oversight Act This bill requires congressional approval for a vote to allocate any Special Drawing Rights (a currency support tool available to members of the International Monetary Fund). Currently, congressional approval is required only for allocations that exceed a specified amount.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
International Affairs
Congressional oversightInternational monetary system and foreign exchangeInternational organizations and cooperationMultilateral development programs
Special Drawing Rights Oversight Act
USA117th CongressHR-1513| House
| Updated: 3/2/2021
Special Drawing Rights Oversight Act This bill requires congressional approval for a vote to allocate any Special Drawing Rights (a currency support tool available to members of the International Monetary Fund). Currently, congressional approval is required only for allocations that exceed a specified amount.