| 1 | 1 | | II |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION S. 1153 |
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| 5 | 5 | | To prohibit allocations of Special Drawing Rights at the International Mone- |
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| 6 | 6 | | tary Fund for perpetrators of genocide and state sponsors of terrorism |
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| 7 | 7 | | without congressional authorization. |
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| 8 | 8 | | IN THE SENATE OF THE UNITED STATES |
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| 9 | 9 | | MARCH26, 2025 |
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| 10 | 10 | | Mr. K |
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| 11 | 11 | | ENNEDY(for himself, Mr. BARRASSO, Mr. GRASSLEY, Mr. SCOTTof |
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| 12 | 12 | | Florida, Mrs. B |
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| 13 | 13 | | LACKBURN, and Mr. JUSTICE) introduced the following |
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| 14 | 14 | | bill; which was read twice and referred to the Committee on Foreign Re- |
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| 15 | 15 | | lations |
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| 16 | 16 | | A BILL |
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| 17 | 17 | | To prohibit allocations of Special Drawing Rights at the |
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| 18 | 18 | | International Monetary Fund for perpetrators of geno- |
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| 19 | 19 | | cide and state sponsors of terrorism without congres- |
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| 20 | 20 | | sional authorization. |
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| 21 | 21 | | Be it enacted by the Senate and House of Representa-1 |
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| 22 | 22 | | tives of the United States of America in Congress assembled, 2 |
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| 23 | 23 | | SECTION 1. SHORT TITLE. 3 |
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| 24 | 24 | | This Act may be cited as the ‘‘No Dollars for Dic-4 |
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| 25 | 25 | | tators Act of 2025’’. 5 |
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| 26 | 26 | | VerDate Sep 11 2014 22:28 Apr 01, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S1153.IS S1153 |
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| 27 | 27 | | ssavage on LAPJG3WLY3PROD with BILLS 2 |
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| 28 | 28 | | •S 1153 IS |
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| 29 | 29 | | SEC. 2. PROHIBITION ON ALLOCATIONS OF SPECIAL DRAW-1 |
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| 30 | 30 | | ING RIGHTS AT INTERNATIONAL MONETARY 2 |
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| 31 | 31 | | FUND FOR PERPETRATORS OF GENOCIDE 3 |
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| 32 | 32 | | AND STATE SPONSORS OF TERRORISM WITH-4 |
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| 33 | 33 | | OUT CONGRESSIONAL AUTHORIZATION. 5 |
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| 34 | 34 | | Section 6 of the Special Drawing Rights Act (22 6 |
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| 35 | 35 | | U.S.C. 286q) is amended by adding at the end the fol-7 |
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| 36 | 36 | | lowing: 8 |
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| 37 | 37 | | ‘‘(c) Unless Congress by law authorizes such action, 9 |
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| 38 | 38 | | neither the President nor any person or agency shall on 10 |
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| 39 | 39 | | behalf of the United States vote to allocate Special Draw-11 |
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| 40 | 40 | | ing Rights under article XVIII, sections 2 and 3, of the 12 |
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| 41 | 41 | | Articles of Agreement of the Fund to a member country 13 |
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| 42 | 42 | | of the Fund, if the government of the member country 14 |
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| 43 | 43 | | has— 15 |
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| 44 | 44 | | ‘‘(1) committed genocide at any time during the 16 |
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| 45 | 45 | | 10-year period ending with the date of the vote; or 17 |
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| 46 | 46 | | ‘‘(2) been determined by the Secretary of State, 18 |
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| 47 | 47 | | as of the date of the enactment of the No Dollars 19 |
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| 48 | 48 | | for Dictators Act of 2025, to have repeatedly pro-20 |
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| 49 | 49 | | vided support for acts of international terrorism, for 21 |
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| 50 | 50 | | purposes of— 22 |
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| 51 | 51 | | ‘‘(A) section 1754(c)(1)(A)(i) of the Ex-23 |
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| 52 | 52 | | port Control Reform Act of 2018 (50 U.S.C. 24 |
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| 53 | 53 | | 4813(c)(1)(A)(i)); 25 |
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| 54 | 54 | | VerDate Sep 11 2014 22:28 Apr 01, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S1153.IS S1153 |
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| 55 | 55 | | ssavage on LAPJG3WLY3PROD with BILLS 3 |
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| 56 | 56 | | •S 1153 IS |
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| 57 | 57 | | ‘‘(B) section 620A of the Foreign Assist-1 |
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| 58 | 58 | | ance Act of 1961 (22 U.S.C. 2371); 2 |
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| 59 | 59 | | ‘‘(C) section 40(d) of the Arms Export 3 |
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| 60 | 60 | | Control Act (22 U.S.C. 2780(d)); or 4 |
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| 61 | 61 | | ‘‘(D) any other provision of law.’’. 5 |
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| 62 | 62 | | Æ |
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| 63 | 63 | | VerDate Sep 11 2014 22:28 Apr 01, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\S1153.IS S1153 |
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| 64 | 64 | | ssavage on LAPJG3WLY3PROD with BILLS |
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