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Main Subject: International Affairs

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.

Senate Actions

IntroReferral
Oct. 26 2021	Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

House floor actions Actions

Floor

Oct. 25
2021

Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 391 - 29 (Roll no. 332). (text: CR H5838-5839)
Considered as unfinished business. (consideration: CR H5854)
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
DEBATE - The House proceeded with forty minutes of debate on H.R. 4111.
Considered under suspension of the rules. (consideration: CR H5838-5840)
Ms. Waters moved to suspend the rules and pass the bill.

IntroReferral
Jun. 23 2021	Referred to the House Committee on Financial Services.

Library of Congress Actions

Floor
Oct. 25 2021	Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 391 - 29 (Roll no. 332).(text: CR H5838-5839)

IntroReferral
Jun. 23 2021	Introduced in House Introduced in House

House bill HR4111-117

Sovereign Debt Contract Capacity Act

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