1 | 1 | | I |
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2 | 2 | | 119THCONGRESS |
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3 | 3 | | 1 |
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4 | 4 | | STSESSION H. R. 2071 |
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5 | 5 | | To prohibit Federal funds from being made available to international financial |
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6 | 6 | | institutions for the purposes of financing foreign shrimp farms, and |
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7 | 7 | | for other purposes. |
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8 | 8 | | IN THE HOUSE OF REPRESENTATIVES |
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9 | 9 | | MARCH11, 2025 |
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10 | 10 | | Mr. N |
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11 | 11 | | EHLS(for himself, Mr. HIGGINSof Louisiana, Mr. VICENTEGONZALEZ |
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12 | 12 | | of Texas, Mr. C |
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13 | 13 | | ARTERof Louisiana, Ms. MACE, Mr. WEBERof Texas, |
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14 | 14 | | Mr. B |
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15 | 15 | | ILIRAKIS, Ms. LETLOW, Mrs. LUNA, Mr. MURPHY, Mr. RUTHER- |
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16 | 16 | | FORD, Mr. DONALDS, Mr. MOOREof Alabama, Mr. BABIN, Mr. EZELL, |
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17 | 17 | | Mr. C |
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18 | 18 | | LOUD, Mr. FRY, and Mr. CARTERof Georgia) introduced the fol- |
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19 | 19 | | lowing bill; which was referred to the Committee on Financial Services |
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20 | 20 | | A BILL |
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21 | 21 | | To prohibit Federal funds from being made available to |
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22 | 22 | | international financial institutions for the purposes of |
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23 | 23 | | financing foreign shrimp farms, and for other purposes. |
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24 | 24 | | Be it enacted by the Senate and House of Representa-1 |
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25 | 25 | | tives of the United States of America in Congress assembled, 2 |
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26 | 26 | | SECTION 1. SHORT TITLE. 3 |
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27 | 27 | | This Act may be cited as the ‘‘Save Our Shrimpers 4 |
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28 | 28 | | Act’’. 5 |
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29 | 29 | | VerDate Sep 11 2014 23:29 Mar 24, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2071.IH H2071 |
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30 | 30 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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31 | 31 | | •HR 2071 IH |
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32 | 32 | | SEC. 2. PROHIBITION ON MAKING FEDERAL FUNDS AVAIL-1 |
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33 | 33 | | ABLE TO INTERNATIONAL FINANCIAL INSTI-2 |
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34 | 34 | | TUTIONS TO FINANCE FOREIGN SHRIMP 3 |
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35 | 35 | | FARMS. 4 |
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36 | 36 | | The Secretary of the Treasury shall condition any 5 |
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37 | 37 | | provision of Federal funds to an international financial in-6 |
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38 | 38 | | stitution (as defined in section 1701(c)(2) of the Inter-7 |
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39 | 39 | | national Financial Institutions Act) on the requirement 8 |
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40 | 40 | | that the funds not be used to finance any activity relating 9 |
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41 | 41 | | to shrimp farming, shrimp processing, or the export of 10 |
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42 | 42 | | shrimp in any foreign country. 11 |
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43 | 43 | | SEC. 3. ANNUAL GAO REPORT ON COMPLIANCE BY THE 12 |
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44 | 44 | | UNITED STATES EXECUTIVE DIRECTORS AT 13 |
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45 | 45 | | CERTAIN INTERNATIONAL FINANCIAL INSTI-14 |
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46 | 46 | | TUTIONS WITH INSTRUCTION TO OPPOSE 15 |
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47 | 47 | | INTERNATIONAL FINANCIAL INSTITUTION 16 |
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48 | 48 | | ASSISTANCE FOR THE PRODUCTION OR EX-17 |
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49 | 49 | | TRACTION OF EXPORT COMMODITIES OR 18 |
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50 | 50 | | MINERALS IN SURPLUS ON WORLD MARKETS. 19 |
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51 | 51 | | Within 180 days after the date of the enactment of 20 |
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52 | 52 | | this Act and annually thereafter, the Comptroller General 21 |
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53 | 53 | | shall investigate, and submit to the Congress a written re-22 |
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54 | 54 | | port on, the extent to which the United States Executive 23 |
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55 | 55 | | Directors at the institutions specified in section 22 of the 24 |
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56 | 56 | | VerDate Sep 11 2014 23:29 Mar 24, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H2071.IH H2071 |
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57 | 57 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 3 |
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58 | 58 | | •HR 2071 IH |
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59 | 59 | | Export-Import Bank Act Amendments of 1986 have car-1 |
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60 | 60 | | ried out the instructions described in such section. 2 |
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61 | 61 | | Æ |
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62 | 62 | | VerDate Sep 11 2014 23:29 Mar 24, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\H2071.IH H2071 |
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63 | 63 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB |
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