Sovereign Debt Contract Capacity Act
USA117th CongressHR-4111| House
| Updated: 10/26/2021
Maxine Waters
Democratic Representative
California
Cosponsors (1)
Foreign Relations Committee, Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Sovereign Debt Contract Capacity Act This bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund to advocate for the fund to promote international standards and best practices with respect to sovereign debt contracts and to provide technical assistance to fund members. Such assistance should focus on lower middle-income countries in order to enhance their capacity to evaluate the legal and financial terms of sovereign debt contracts with private sector creditors.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ms. Waters moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H5838-5840)
DEBATE - The House proceeded with forty minutes of debate on H.R. 4111.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H5854)
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 391 - 29 (Roll no. 332). (text: CR H5838-5839)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
International Affairs
Budget deficits and national debtCongressional oversightForeign aid and international reliefForeign loans and debtInternational monetary system and foreign exchange
Sovereign Debt Contract Capacity Act
USA117th CongressHR-4111| House
| Updated: 10/26/2021
Sovereign Debt Contract Capacity Act This bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund to advocate for the fund to promote international standards and best practices with respect to sovereign debt contracts and to provide technical assistance to fund members. Such assistance should focus on lower middle-income countries in order to enhance their capacity to evaluate the legal and financial terms of sovereign debt contracts with private sector creditors.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ms. Waters moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H5838-5840)
DEBATE - The House proceeded with forty minutes of debate on H.R. 4111.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H5854)
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 391 - 29 (Roll no. 332). (text: CR H5838-5839)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Maxine Waters
Democratic Representative
California
Cosponsors (1)
Foreign Relations Committee, Financial Services Committee
International Affairs
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Budget deficits and national debtCongressional oversightForeign aid and international reliefForeign loans and debtInternational monetary system and foreign exchange