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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Accountability for World Bank Loans to China Act of 2019

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To increase transparency and accountability with respect to World Bank lending for China, and for other purposes.

Actions Overview (1)

Date Actions Overview
11/12/2019Introduced in House

All Actions (2)

Date All Actions
11/12/2019Referred to the House Committee on Financial Services.
Action By: House of Representatives
11/12/2019Introduced in House
Action By: House of Representatives

Cosponsors (9)

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Financial Services11/12/2019 Referred to

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Latest Summary (1)

There is one summary for H.R.5051. View summaries

Shown Here:
Introduced in House (11/12/2019)

Accountability for World Bank Loans to China Act of 2019

This bill directs the U.S. Governor for the International Bank for Reconstruction and Development (IBRD) to instruct U.S. representatives to the IBRD that it is U.S. policy to seek China's graduation from IBRD assistance programs. (The IBRD is the World Bank's primary financing institution for middle-income countries. The World Bank's definition of middle-income country is based on a country's gross national income per capita.)

The governor shall report to Congress on U.S. efforts to secure China's graduation from IBRD assistance programs. The Department of the Treasury shall report to Congress on debt transparency and debt management assistance efforts in relation to credit provided by China to other countries, including through China's Belt and Road Initiative.