US SB3036

Prohibits the Secretary of the Treasury from engaging in any transactions involving the exchange of Special Drawing Rights (SDRs) issued by the International Monetary Fund that are held by the Chinese Communist Party

Requires the Secretary to advocate that other IMF member countries with freely usable currencies also prohibit SDR exchange transactions with the Chinese Communist Party

Directs the U.S. Executive Director of the IMF to use the U.S. voice and vote to oppose any allocation of Special Drawing Rights to the Chinese Communist Party

Allows the President to waive the prohibition if determined to be in the national interest, with required notice and justification submitted to Congress

Terminates 5 years after enactment or earlier if the President determines and reports to Congress that termination is in the national interest