US Congress House Resolution 507 (Prior Session Legislation)

---

Spectrum: Strong Partisan Bill (Republican 19-2)
Status: Introduced on December 20 2011 - 25% progression, died in committee
Action: 2012-02-13 - Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.
Pending: House Subcommittee on Terrorism, Nonproliferation, and Trade Committee
Text: Latest bill text (Introduced) [PDF]

Expresses the sense of the House of Representatives that all further assistance provided by the United States to Antigua and Barbuda should be suspended until Antigua and Barbuda provide complete redress of specified issues regarding an investigation of the Stanford Financial Group fraud. Includes among such redress: (1) an agreement by of Antigua and Barbuda to be subject to the jurisdiction and bound by the judgment of any U.S. court that adjudicates the claims relating to the Stanford Financial Group fraud; (2) the transfer of the assets seized by Antigua and Barbuda, or obtained by the joint liquidators of Stanford International Bank, to the U.S. district court-appointed receiver for the benefit of victims of the fraud; (3) a specified contribution by Antigua and Barbuda to the U.S. receivership estate for the benefit of victims of the fraud; (4) fulfillment by Antigua and Barbuda of their obligations relating to the expropriation of the Half Moon Bay Resort; and (5) an agreement by Antigua and Barbuda to neither interfere with the receivership commenced by the United States, nor seek control of assets claimed by the United States. Expresses the sense of the House that the Secretary of the Treasury should direct the U.S. Executive Directors of the International Bank for Reconstruction and Development and the International Development Association (World Bank) and the International Monetary Fund (IMF) to use the voice and vote of the United States to ensure that any future loan made by the World Bank or the IMF to Antigua and Barbuda is conditioned upon providing complete redress of these matters, and satisfaction of this resolution.

Expressing the sense of the House of Representatives regarding the Government of Antigua and Barbuda and its actions relating to the Stanford Financial Group fraud.

Rep. Mike Coffman [R-CO]	Rep. Jo Bonner [R-AL]	Rep. Charles Boustany [R-LA]	Rep. Vern Buchanan [R-FL]
Sen. Bill Cassidy [R-LA]	Rep. Steve Cohen [D-TN]	Rep. John Culberson [R-TX]	Rep. John Duncan [R-TN]
Rep. Bill Flores [R-TX]	Rep. Kay Granger [R-TX]	Rep. Tim Griffin [R-AR]	Rep. Gregg Harper [R-MS]
Rep. Blaine Luetkemeyer [R-MO]	Rep. Kenny Marchant [R-TX]	Rep. Michael McCaul [R-TX]	Rep. Sue Myrick [R-NC]
Rep. Alan Nunnelee [R-MS]	Rep. Ted Poe [R-TX]	Rep. Mike Ross [D-AR]	Rep. Pete Sessions [R-TX]
Rep. Lamar Smith [R-TX]

Date	Chamber	Action
2012-02-13	House	Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.
2012-02-13	House	Referred to the Subcommittee on the Western Hemisphere.
2012-01-12	House	Referred to the Subcommittee on International Monetary Policy and Trade.
2012-01-12	House	Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
2011-12-20	House	Referred to House Financial Services
2011-12-20	House	Referred to House Foreign Affairs
2011-12-20	House	Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.
2011-12-20	House	Sponsor introductory remarks on measure. (CR E2330)

SR346 (Same As) 2011-12-08 - Referred to the Committee on Foreign Relations. (text of measure as introduced: CR S8464-8465)

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-resolution/507/all-info
Text	https://www.congress.gov/112/bills/hres507/BILLS-112hres507ih.pdf