No Support for Terror Act

This legislation aims to restrict financial allocations from the International Monetary Fund (IMF) and prevent United States aid from reaching terrorist entities. It specifically directs the Secretary of the Treasury to instruct the U.S. Executive Director at the IMF to use the U.S. voice and vote to oppose the allocation of Special Drawing Rights (SDRs) to any country identified by the Secretary of State as a perpetrator of genocide or a state sponsor of terrorism. The bill also requires advocating for the IMF to adopt a rule prohibiting such allocations. Furthermore, the bill mandates a joint review by the Secretaries of Treasury and State, and the Administrator of the United States Agency for International Development (USAID). This review will ensure that assistance provided to nongovernmental and international organizations does not subsequently reach the Taliban , other terrorist organizations, or countries that harbor them, in compliance with U.S. anti-terrorism financing laws. A report detailing the review's findings must be submitted to Congress within 90 days, and within 180 days, these agencies must require prime awardees to provide evidence that all sub-awardees comply with these anti-terrorism financing laws.