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Bill117th CongressFiled Jun 23, 2021International Affairs
H.R. 4111

Sovereign Debt Contract Capacity Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary passed house (Oct 25, 2021)

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.

What just happenedOct 26, 2021

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Who’s behind it

Rep. Waters, Maxine [D-CA-43](D-CA)Sponsor
1 cosponsor1 R
Read on Congress.gov
1cosponsors2committees12actions1related bills6subjects
  1. Oct 26, 2021IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

    Foreign Relations Committee
  2. Oct 25, 2021FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. Oct 25, 2021FloorH37300

    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)

  4. Oct 25, 2021Floor8000

    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)

  5. Oct 25, 2021FloorH30000

    Considered as unfinished business. (consideration: CR H5854)

  6. Oct 25, 2021FloorH37220

    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.

  7. Oct 25, 2021FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 4111.

  8. Oct 25, 2021FloorH30000

    Considered under suspension of the rules. (consideration: CR H5838-5840)

  9. Oct 25, 2021FloorH30300

    Ms. Waters moved to suspend the rules and pass the bill.

  10. Jun 23, 2021IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  11. Jun 23, 2021IntroReferralIntro-H

    Introduced in House

  12. Jun 23, 2021IntroReferral1000

    Introduced in House

Passed HouseOct 25, 202153

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.

Introduced in HouseJun 23, 2021

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.