US Congress House Bill 5051 (Prior Session Legislation)

---

Spectrum: Moderate Partisan Bill (Republican 8-2)
Status: Introduced on November 12 2019 - 25% progression, died in committee
Action: 2019-11-12 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

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.

Accountability for World Bank Loans to China Act of 2019

Rep. Anthony Gonzalez [R-OH]	Rep. French Hill [R-AR]	Rep. Dean Phillips [D-MN]	Rep. Denver Riggleman [R-VA]
Rep. Denny Heck [D-WA]	Rep. Mike Gallagher [R-WI]	Rep. Ted Yoho [R-FL]	Rep. Michael Waltz [R-FL]
Rep. Garland Barr [R-KY]	Rep. Bill Huizenga [R-MI]

Date	Chamber	Action
2019-11-12	House	Referred to the House Committee on Financial Services.
2019-11-12	House	Introduced in House

SB3017 (Related) 2019-12-11 - Read twice and referred to the Committee on Foreign Relations.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/5051/all-info
Text	https://www.congress.gov/116/bills/hr5051/BILLS-116hr5051ih.pdf