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H.R.4111 - Sovereign Debt Contract Capacity Act117th Congress (2021-2022) |

Bill

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Sponsor: Rep. Waters, Maxine [D-CA-43] (Introduced 06/23/2021)
Committees: House - Financial Services | Senate - Foreign Relations
Latest Action: Senate - 10/26/2021 Received in the Senate and Read twice and referred to the Committee on Foreign Relations.  (All Actions)
Roll Call Votes: There has been 1 roll call vote

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This bill has the status Passed House

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

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Summary: H.R.4111 — 117th Congress (2021-2022)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Passed House (10/25/2021)

Sovereign Debt Contract Capacity Act

This bill requires the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund to advocate for the fund to promote international standards and best practices with respect to sovereign debt contracts and to provide technical assistance to fund members. Such assistance should focus on lower middle-income countries in order to enhance their capacity to evaluate the legal and financial terms of sovereign debt contracts with private sector creditors.