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

Titles (2)

Short Titles

Short Titles - Senate

Short Title(s) as Introduced

Accountability for World Bank Loans to China Act of 2019

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to increase transparency and accountability with respect to World Bank lending for the People's Republic of China, and for other purposes.

Actions Overview (1)

Date Actions Overview
12/11/2019Introduced in Senate

All Actions (1)

Date All Actions
12/11/2019Read twice and referred to the Committee on Foreign Relations.
Action By: Senate

Cosponsors (2)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Cotton, Tom [R-AR]* 12/11/2019
Sen. Scott, Rick [R-FL] 01/28/2020

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 Related Documents
Senate Foreign Relations12/11/2019 Referred to

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Latest Summary (1)

There is one summary for S.3017. View summaries

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

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.