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US HB462
Bill
Status
1/15/2025
Primary Sponsor
Greg Steube
Click for details
AI Summary
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Secretary of the Treasury must instruct the U.S. Executive Director at the IMF to oppose Special Drawing Rights allocations to countries designated as perpetrators of genocide or state sponsors of terrorism by the Secretary of State
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U.S. must advocate for the IMF to adopt a permanent rule prohibiting Special Drawing Rights allocations to such countries
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Treasury, State Department, and USAID must jointly review assistance to NGOs and international organizations within 90 days to ensure funds are not reaching the Taliban, terrorist organizations, or terrorist-harboring nations
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Within 180 days, Treasury, State, and USAID must require prime awardees to provide evidence that all sub-awardees comply with U.S. anti-terrorism financing laws
Legislative Description
No Support for Terror Act
Foreign trade and international finance
Last Action
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
1/15/2025