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Bill117th CongressFiled Mar 15, 2022International Affairs
H.R. 7081

Ukraine Comprehensive Debt Payment Relief Act of 2022

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary passed house (May 11, 2022)

Ukraine Comprehensive Debt Payment Relief Act of 2022

This bill requires the Department of the Treasury to make efforts to secure debt relief for Ukraine.

Specifically, Treasury must order U.S. representatives to international financial institutions to advocate for such institutions to (1) immediately suspend all debt service payments owed by Ukraine to the respective institution, (2) provide concessional financial assistance to Ukraine, and (3) provide economic support for refugees from Ukraine (including refugees of African descent) and the countries receiving such refugees.

Treasury must also immediately pursue, through bilateral and multilateral frameworks, comprehensive debt payment relief for Ukraine from other governments and commercial creditor groups.

What just happenedMay 12, 2022

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

Who’s behind it

Rep. Garcia, Jesus G. "Chuy" [D-IL-4](D-IL)Sponsor
7 cosponsors7 D
Read on Congress.gov
7cosponsors2committees17actions6subjects
  1. May 12, 2022IntroReferral

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

    Foreign Relations Committee
  2. May 11, 2022FloorH38310

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

  3. May 11, 2022FloorH37300

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 362 - 56 (Roll no. 160). (text: 05/10/2022 CR H4750-4751)

  4. May 11, 2022Floor8000

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 362 - 56 (Roll no. 160).

  5. May 11, 2022FloorH30000

    Considered as unfinished business. (consideration: CR H4838-4839)

  6. May 10, 2022FloorH37220

    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. May 10, 2022FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 7081.

  8. May 10, 2022FloorH30000

    Considered under suspension of the rules. (consideration: CR H4750-4752)

  9. May 10, 2022FloorH30300

    Mr. Garcia (IL) moved to suspend the rules and pass the bill, as amended.

  10. May 10, 2022CalendarsH12410

    Placed on the Union Calendar, Calendar No. 237.

  11. May 10, 2022CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-317.

    Financial Services Committee
  12. May 10, 2022Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-317.

    Financial Services Committee
  13. Mar 17, 2022Committee

    Ordered to be Reported in the Nature of a Substitute by Voice Vote.

    Financial Services Committee
  14. Mar 17, 2022Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  15. Mar 15, 2022IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  16. Mar 15, 2022IntroReferralIntro-H

    Introduced in House

  17. Mar 15, 2022IntroReferral1000

    Introduced in House

Passed HouseMay 11, 202253

Ukraine Comprehensive Debt Payment Relief Act of 2022

This bill requires the Department of the Treasury to make efforts to secure debt relief for Ukraine.

Specifically, Treasury must order U.S. representatives to international financial institutions to advocate for such institutions to (1) immediately suspend all debt service payments owed by Ukraine to the respective institution, (2) provide concessional financial assistance to Ukraine, and (3) provide economic support for refugees from Ukraine (including refugees of African descent) and the countries receiving such refugees.

Treasury must also immediately pursue, through bilateral and multilateral frameworks, comprehensive debt payment relief for Ukraine from other governments and commercial creditor groups.

Reported to HouseMay 10, 20227

Ukraine Comprehensive Debt Payment Relief Act of 2022

This bill requires the Department of the Treasury to make efforts to secure debt relief for Ukraine.

Specifically, Treasury must order U.S. representatives to international financial institutions to advocate for such institutions to (1) immediately suspend all debt service payments owed by Ukraine to the respective institution, (2) provide concessional financial assistance to Ukraine, and (3) provide economic support for refugees from Ukraine (including refugees of African descent) and the countries receiving such refugees.

Treasury must also immediately pursue, through bilateral and multilateral frameworks, comprehensive debt payment relief for Ukraine from other governments and commercial creditor groups.

Introduced in HouseMar 15, 2022

Ukraine Comprehensive Debt Payment Relief Act

This bill requires the Department of the Treasury to make efforts to secure debt relief for Ukraine.

Specifically, Treasury must order U.S. representatives to international financial institutions to advocate for such institutions to (1) immediately suspend all debt service payments owed by Ukraine to the respective institution, and (2) provide concessional financial assistance to Ukraine.

Treasury must also immediately pursue, through bilateral and multilateral frameworks, comprehensive debt payment relief for Ukraine from other governments and commercial creditor groups.

Ukraine Comprehensive Debt Payment Relief Act of 2022 — Informed