Legis Daily

Save Our Shrimpers Act

USA119th CongressS-4863| Senate 
| Updated: 6/23/2026
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (3)
Bill Cassidy (Republican)John Kennedy (Republican)Raphael G. Warnock (Democratic)

Foreign Relations Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
The "Save Our Shrimpers Act" mandates that the United States Executive Directors at international financial institutions (IFIs) actively use their voice and vote to oppose any financial assistance provided by these institutions for projects related to shrimp farming, shrimp processing, or the export of shrimp in borrowing countries. This measure is designed to protect domestic shrimp industries from foreign competition potentially subsidized by international aid. The bill includes a provision allowing the Secretary of the Treasury to waive this opposition requirement for a specific project. Such a waiver can only be granted if the Secretary notifies Congress that it is in the national interest of the United States. Importantly, the directive for U.S. Executive Directors to oppose these projects is not permanent, as it will expire after a 7-year period from the date of the Act's enactment.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 13, 2026

Latest Companion Bill Action

HR 119-2071
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Jun 23, 2026
Introduced in Senate
Jun 23, 2026
Read twice and referred to the Committee on Foreign Relations.
  • May 13, 2026

    Latest Companion Bill Action

    HR 119-2071
    Received in the Senate and Read twice and referred to the Committee on Foreign Relations.


  • June 23, 2026
    Introduced in Senate


  • June 23, 2026
    Read twice and referred to the Committee on Foreign Relations.

Foreign Trade and International Finance

Related Bills

  • HR 119-2071: Save Our Shrimpers Act
  • S 119-4805: Save Our Shrimpers Act

Save Our Shrimpers Act

USA119th CongressS-4863| Senate 
| Updated: 6/23/2026
The "Save Our Shrimpers Act" mandates that the United States Executive Directors at international financial institutions (IFIs) actively use their voice and vote to oppose any financial assistance provided by these institutions for projects related to shrimp farming, shrimp processing, or the export of shrimp in borrowing countries. This measure is designed to protect domestic shrimp industries from foreign competition potentially subsidized by international aid. The bill includes a provision allowing the Secretary of the Treasury to waive this opposition requirement for a specific project. Such a waiver can only be granted if the Secretary notifies Congress that it is in the national interest of the United States. Importantly, the directive for U.S. Executive Directors to oppose these projects is not permanent, as it will expire after a 7-year period from the date of the Act's enactment.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 13, 2026

Latest Companion Bill Action

HR 119-2071
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Jun 23, 2026
Introduced in Senate
Jun 23, 2026
Read twice and referred to the Committee on Foreign Relations.
  • May 13, 2026

    Latest Companion Bill Action

    HR 119-2071
    Received in the Senate and Read twice and referred to the Committee on Foreign Relations.


  • June 23, 2026
    Introduced in Senate


  • June 23, 2026
    Read twice and referred to the Committee on Foreign Relations.
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (3)
Bill Cassidy (Republican)John Kennedy (Republican)Raphael G. Warnock (Democratic)

Foreign Relations Committee

Foreign Trade and International Finance

Related Bills

  • HR 119-2071: Save Our Shrimpers Act
  • S 119-4805: Save Our Shrimpers Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted